201 W 5Th Ave 15, Knoxville, TN 37917

$319,900
Property Type: Single Family Bedrooms: 1 Square Footage: 702 Status: Active
Current Price: $319,900 List Date: 12/06/2025 Last Modified: 12/06/2025

Description

The Lucerne Condominiums - Historic Charm in the Heart of Downtown Welcome to Lucerne Condominiums, a timeless 1930 historic building nestled in Knoxville's vibrant Old City. This first floor - one Bedroom corner unit blends original character with modern convenience, perfect for full-time living, a college student, or an income-producing investment. Located on the main level with its own private gated entrance and personal exterior front door, this unit offers rare privacy and easy access. Step inside to all one-level living, featuring hardwood and tile floors (no carpet!), abundant natural light, and an exposed brick living room wall that adds a contemporary urban feel. The open floor plan flows into a stylish kitchen with stainless steel appliances, ideal for everyday living or hosting guests. The spacious bathroom includes a walk-in tile shower, and the unit features its own laundry room with washer/dryer hookups, a major convenience downtown. The building also provides a shared coin-operated laundry, on-street parking, and ample parking nearby. Residents enjoy a charming shared courtyard with picnic tables, secure access through both a gated entry and a locked shared exterior red door, and all the character that comes with a historic Knoxville landmark. Located just 2 miles from the University of Tennessee and within walking distance to breweries, restaurants, galleries, and the highly anticipated new Smokies baseball stadium, this condo places you steps from everything Downtown Knoxville has to offer. The HOA allows short-term overnight rentals, making it an exceptional investment opportunity. The unit is currently occupied on a month-to-month lease by a tenant who would love to renew for another year, providing built-in income potential. Whether you're seeking a charming city residence or a high-demand rental property, this condo at Lucerne delivers unmatched convenience, character, and opportunity in the heart of Downtown Knoxville.

More Information MLS# 1323651

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 319900 Current Price: $319,900 Status: Active Listing Date: 2025-12-05

Location, Tax & Legal Info

Unit #: 15 Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 1324.33

General Property Description

Type: Other # Bedrooms: 1 Acre Source: Tax Records # of Rooms: 2 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 140 HOA Freq: Monthly HOA Contact: martille@gmail.com Property Status: N/A SqFt - Main Lvl: 702 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 0 # Fireplace: 0 HOA: Mandatory Position of Unit: 1st floor - corner Basement: No Bonus Room: No Extra Storage: No SqFt - Total (Aprox): 702 Baths - Full: 1 Year Built: 1930

Remarks & Misc

Directions: Located in one of the most rapidly changing and dynamic areas in Downtown Knoxville. Situated just blocks from the hip restaurants, cafes, entertainment venues and galleries of the vibrant Old City, bustling 100-Block, and eclectic Downtown North. Traveling south on Gay Street, cross over Summit Hill Dr. and enter the picturesque ''100-Block''. Just before the bridge, take a right on Jackson Ave. Follow to the next intersection & take a left on Central. Cross over the railroad tracks. Take a left on 5th and then a right on King. The Lucerne is on the left at the corner of 5th and King Public Remarks: The Lucerne Condominiums - Historic Charm in the Heart of Downtown Welcome to Lucerne Condominiums, a timeless 1930 historic building nestled in Knoxville's vibrant Old City. This first floor - one Bedroom corner unit blends original character with modern convenience, perfect for full-time living, a college student, or an income-producing investment. Located on the main level with its own private gated entrance and personal exterior front door, this unit offers rare privacy and easy access. Step inside to all one-level living, featuring hardwood and tile floors (no carpet!), abundant natural light, and an exposed brick living room wall that adds a contemporary urban feel. The open floor plan flows into a stylish kitchen with stainless steel appliances, ideal for everyday living or hosting guests. The spacious bathroom includes a walk-in tile shower, and the unit features its own laundry room with washer/dryer hookups, a major convenience downtown. The building also provides a shared coin-operated laundry, on-street parking, and ample parking nearby. Residents enjoy a charming shared courtyard with picnic tables, secure access through both a gated entry and a locked shared exterior red door, and all the character that comes with a historic Knoxville landmark. Located just 2 miles from the University of Tennessee and within walking distance to breweries, restaurants, galleries, and the highly anticipated new Smokies baseball stadium, this condo places you steps from everything Downtown Knoxville has to offer. The HOA allows short-term overnight rentals, making it an exceptional investment opportunity. The unit is currently occupied on a month-to-month lease by a tenant who would love to renew for another year, providing built-in income potential. Whether you're seeking a charming city residence or a high-demand rental property, this condo at Lucerne delivers unmatched convenience, character, and opportunity in the heart of Downtown Knoxville.

Fencing

Aluminum: 1 Security Fencing: 1 Other Fencing: 1

Atchd/Dtchd Type

Attached: 1

Style

Historic: 1 Other: 1

Construction

Brick: 1 Other: 1

Siding

Brick: 1 Other: 1

Fireplace

None: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Hardwood: 1 Tile: 1

Garage/Parking

On-Street Parking: 1 Other: 1

Basement

Other: 1

Lot Description

Other: 1

Fuel

Electric: 1 Gas (Natural): 1

View

City: 1

Heat

Central: 1

Community Amenities

Coin Laundry: 1 Picnic/Barbeque Area: 1

Dining Area

Kitchen/Dining Rm Co: 1 Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Microwave: 1 Range: 1 Refrigerator: 1

Other Rooms

Laundry/Utility: 1

Exterior Features

Cable Available (TV Only): 1 Patio: 1

Misc Features

Walk-in Shower: 1 Washer/Dryer Connect: 1 Wired for Internet: 1

Sewer

Public Sewer: 1

Water

Public: 1

Association Fee Incl

Association Ins: 1 Building Exterior: 1 Grounds Maintenance: 1 Sewer: 1 Water: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 201 St Dir: W Street Name: 5Th St Suffix: Ave State/Province: TN Zip Code: 37917 PIN #: 094DM02300P Subdivision: The Lucerne Condominiums Geo Lat: 35.973392 Geo Lon: -83.922175

Status Change Info

Status Change Date: 2025-12-05

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator Sewer: Public Sewer Water: Public Other Rooms: Laundry/Utility Misc Features: Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Cable Available (TV Only); Patio Fencing: Aluminum; Security Fencing; Other Fencing Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Coin Laundry; Picnic/Barbeque Area Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Sewer; Water New Financing: Cash; Conventional
Listing Office: Realty Executives Associates
IDX
Office Phone: 865-693-3232
Last Updated: December - 06 - 2025
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