400 W W 2nd Ave, Lenoir City, TN 37771
$492,500
Property Type:
Multi-Family
Square Footage:
3,020
Status:
Closed
Current Price:
$492,500
List Date:
9/06/2025
Last Modified:
3/02/2026
Description
400 W 2nd Ave in Lenoir City offers a unique investment opportunity with three updated 1 bed/1 bath units and one spacious 4 bed/2 bath unit. With modern renovations and room for potential rent increases, this property presents an excellent opportunity for investors.
More Information MLS# 1314564
Location, Tax & Legal Info
Area: Loudon County - 32
City/County Code: City Limits
Total Tax: 1895.05
Contract Info
Auction Y/N: No
Listing Price: 549900
Current Price: $492,500
Status: Closed
Listing Date: 2025-09-06
General Property Description
Lot Dimensions: 48 x 72
# Units Leased: 4
Restrictions: No
Utilities/Mo Avg: 175
Property Status: N/A
Driveway: paved
SqFt - Total (Aprox): 3020
Number of Units: 4
Year Built: 1930
Remarks & Misc
Directions: Turn right onto W Broadway St (US-11). Go for 0.7 mi. Turn left onto N E St. Go for 0.1 mi. Turn right onto W 2nd Ave. Go for 417 ft.
Public Remarks: 400 W 2nd Ave in Lenoir City offers a unique investment opportunity with three updated 1 bed/1 bath units and one spacious 4 bed/2 bath unit. With modern renovations and room for potential rent increases, this property presents an excellent opportunity for investors.
Property Sub-Type
Four Plex: 1
Construction
Frame: 1
Type of Units
1 Bedroom Unit: 1
3 or more Bdrm Units: 1
Siding
Vinyl: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
Tenant Expenses
Cooling: 1
Electricity: 1
Heating: 1
Owner Expenses
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Sewer: 1
Taxes: 1
Water: 1
Fuel
Electric: 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Asphalt: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 400
St Dir: W
Street Name: W 2nd
St Suffix: Ave
State/Province: TN
Zip Code: 37771
PIN #: 020N G 055.00
Geo Lat: 35.790378
Geo Lon: -84.270526
Status Change Info
Status Change Date: 2026-03-02
Under Contract Date: 2026-02-16
Sold Date: 2026-03-02
Sold Price: $492,500
Property Features
Property Sub-Type: Four Plex
Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Laminate; Tile
Tenant Expenses: Electricity
Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Sewer; Taxes; Water
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Construction: Frame
Roof: Asphalt
Siding: Vinyl
Other Rooms: Other
New Financing: Cash; Conventional
Listing Office:
Southland Brokers
IDX
Office Phone: 865-694-6111
Last Updated: March - 02 - 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.
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