201 W Fourth Ave, Lenoir City, TN 37771 (MLS# 1327594)

201 W Fourth Ave, Lenoir City, TN 37771

New Listing

$250,000

Home facing fourth street. Separate entrance to the framed and roughed in "apartment"

Plans for lower level "apartment". Left side in garage is NOT framed.

Back wall behind lamp is now cut out to addition.

Facing fourth Ave with entrance to separate "apartment"

Shared driveway with neighbor. Each has one spot.

Home facing W Fourth Ave with building materials on-site

Downstairs "apartment" plumbing roughed in

Property Type: Single Family Bedrooms: 4 Square Footage: 2,480 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $250,000 List Date: 1/26/2026 Last Modified: 1/26/2026

Description

INVESTOR SPECIAL! Rare opportunity in downtown Lenoir City! Located just outside the historic district, this property is mid-renovation and ready for an investor or visionary buyer to bring it to completion. Much of the preliminary work has begun, offering a head start on transforming this home into a standout residence or profitable investment. Situated in a growing downtown area with convenient access to local shops, dining, and waterfront attractions, this property offers strong potential for value appreciation. Upstairs is designed for two bedrooms, 2.5 baths, laundry room, kitchen, living room and dining room. Separate entrance to a downstairs unit that has an additional 2 bedrooms, open concept living, kitchen and dining and one bathroom. This area used to be a pharmacy. Current livable area includes 3 rooms pictured including a kitchen, living room (currently being used as a bedroom), bedroom and full bath. Home is completely fenced in with a new covered front porch. Opportunities like this are limited. Sold as-is. Must see to appreciate the possibilities!

More Information MLS# 1327594

Contract Info

Auction Y/N: No Occupancy: Permanent Residence Listing Price: 250000 Current Price: $250,000 Status: Active Listing Date: 2026-01-25

Location, Tax & Legal Info

Area: Knox County - 1 Property Sub-Type: Residential City/County Code: City Limits Total Tax: 631.29

General Property Description

Type: 2 1/2 Story # Bedrooms: 4 Lot Dimensions: 65 x 118 x 65 x 119 Lot Size SqFt: 7405 Acres: 0.17 Acre Source: Tax Records # of Rooms: 9 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1600 SqFt - Down Lvl: 880 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: No Basement: Yes Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 2480 Baths - Full: 3 Baths - 1/2: 1 Year Built: 1955

Remarks & Misc

Directions: Head toward Lenoir City on your major route (I-75 if coming from Knoxville or Nashville). • From I-75 South (Knoxville area), take Exit 81 heading East toward Maryville on Hwy 321. • Turn Right onto McGhee Blvd (Hwy 321) and continue. • Continue straight as McGhee Blvd becomes E Sixth Ave. • Turn Left onto Kingston St. • Turn Left onto W Fourth Ave — the home will be on your left Public Remarks: INVESTOR SPECIAL! Rare opportunity in downtown Lenoir City! Located just outside the historic district, this property is mid-renovation and ready for an investor or visionary buyer to bring it to completion. Much of the preliminary work has begun, offering a head start on transforming this home into a standout residence or profitable investment. Situated in a growing downtown area with convenient access to local shops, dining, and waterfront attractions, this property offers strong potential for value appreciation. Upstairs is designed for two bedrooms, 2.5 baths, laundry room, kitchen, living room and dining room. Separate entrance to a downstairs unit that has an additional 2 bedrooms, open concept living, kitchen and dining and one bathroom. This area used to be a pharmacy. Current livable area includes 3 rooms pictured including a kitchen, living room (currently being used as a bedroom), bedroom and full bath. Home is completely fenced in with a new covered front porch. Opportunities like this are limited. Sold as-is. Must see to appreciate the possibilities!

Fencing

Fenced Yard: 1 Privacy: 1 Wood: 1

Atchd/Dtchd Type

Detached: 1

Style

Traditional: 1

Construction

Block: 1 Frame: 1

Siding

Brick: 1 Wood: 1 Other: 1

Fireplace

Brick: 1

Cooling

Window Unit(s): 1

Floors

Hardwood: 1 Luxury Vinyl Plank: 1 Other: 1

Garage/Parking

Garage Spaces: 2 Designated Parking: 1 On-Street Parking: 1

Basement

Outside Entr. Only: 1

Lot Description

Level: 1 Rolling Slope: 1

Fuel

Electric: 1

View

Lake View: 1 Mountain View: 1

Heat

Other: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1

Other Rooms

Addl Living Quarter: 1 Family Room: 1 Laundry/Utility: 1 Rough-in-Room: 1 Workshop: 1

Exterior Features

Porch - Covered: 1 Windows - Vinyl: 1

Misc Features

Internet Available: 1 Walk-In Closet(s): 1

Sewer

None: 1

Water

Public: 1

New Financing

Cash: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 201 St Dir: W Street Name: Fourth St Suffix: Ave State/Province: TN Zip Code: 37771 PIN #: 020K L 005.00 Subdivision: Payne Map of Lenoir City Geo Lat: 35.793379 Geo Lon: -84.270343

Status Change Info

Status Change Date: 2026-01-26

Property Features

Style: Traditional Construction: Block; Frame Siding: Brick; Wood; Other Basement: Outside Entr. Only Lot Description: Level; Rolling Slope View: Lake View; Mountain View Fireplace: Brick Floors: Hardwood; Luxury Vinyl Plank; Other Fuel: Electric Heat: Other Cooling: Window Unit(s) Appliances: Microwave; Range; Refrigerator; Smoke Detector Sewer: None Water: Public Other Rooms: Addl Living Quarter; Family Room; Laundry/Utility; Rough-in-Room; Workshop Misc Features: Internet Available; Walk-In Closet(s) Exterior Features: Porch - Covered; Windows - Vinyl Fencing: Fenced Yard; Privacy; Wood Dining Area: Eat-in Kitchen Showing: See Agent Instructns New Financing: Cash; Other

Listing Office: Engel & Volkers Knoxville

IDX

Office Phone: 865-221-8601

Last Updated: January - 26 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.