701 N F St, Lenoir City, TN 37771 (MLS# 1343301)

701 N F St, Lenoir City, TN 37771

New

$600,000

Property Type: Multi-Family Square Footage: 2,475 Status: Active

Current Price: $600,000 List Date: 6/03/2026 Last Modified: 6/07/2026

Overview

Description

Practically brand-new triplex in the heart of Lenoir City! This exceptional investment opportunity features three newly constructed units, each offering 2 bedrooms, 2 full baths, a spacious living area, stainless steel appliances, private deck, and approximately 825 square feet of living space. One unit is currently vacant, providing the perfect opportunity for an owner-occupant to move in while collecting rental income from the other two units, or lease all three units and add a strong cash-flowing asset to your investment portfolio. Each unit rents for $1,300 per month, making this property an attractive income-producing opportunity in a desirable and growing location. Conveniently located near shopping, dining, schools, and major highways.

Listing Details MLS# 1343301

Location Tax Legal Info

House #: 701
St Dir: N
Street Name: F
St Suffix: St
State/Province: TN
Zip Code: 37771
PIN #: 020K O 01300 000
Subdivision: Payne Map Of Lenoir City

Contract Info

Auction Y/N: No
Listing Price: 600000

General Property Description

SqFt - Total (Aprox): 2475
Lot Dimensions: 50 X142.5
Number of Units: 3
Year Built: 2025
Property Status: N/A
Driveway: Shared parking lot
Lease Information: 2 units are leased for $1300 per month. The middle unit is available for lease or viewing.
Utilities/Mo Avg: 0

Status Change Info

Status Change Date: 2026-06-03

Location, Tax & Legal Info

Area: Loudon County - 32
City/County Code: City Limits
Elementary School: Lenoir City
Middle School: Lenoir City
Total Tax: 2811
High School: Lenoir City

Remarks & Misc

Directions: Take Exit 81 and follow US-321 North (Lamar Alexander Parkway) toward Lenoir City. Continue on US-321 for about 2 miles. Turn right onto Town Creek Rd W. Turn left onto Kingston St (Old Hwy 95). Turn right onto E 6th Ave. Turn left onto N F St. Continue north to 701 N F St, which will be on your left.
Public Remarks: Practically brand-new triplex in the heart of Lenoir City! This exceptional investment opportunity features three newly constructed units, each offering 2 bedrooms, 2 full baths, a spacious living area, stainless steel appliances, private deck, and approximately 825 square feet of living space. One unit is currently vacant, providing the perfect opportunity for an owner-occupant to move in while collecting rental income from the other two units, or lease all three units and add a strong cash-flowing asset to your investment portfolio. Each unit rents for $1,300 per month, making this property an attractive income-producing opportunity in a desirable and growing location. Conveniently located near shopping, dining, schools, and major highways.

More Information

Income/Expenses

Gross Annual Income: 46800

Property Sub-Type

Triplex: Yes

Construction

Block: Yes
Frame: Yes

Type of Units

2 Bedroom Unit: Yes
Unfurnished: Yes

Siding

Vinyl: Yes

Sale Includes

Building and Land: Yes

Cooling

Central Cooling: Yes

Floors

Luxury Vinyl Plank: Yes

Garage/Parking

On Premise Parking: Yes

Tenant Expenses

Cooling: Yes
Electricity: Yes
Heating: Yes
Sewer: Yes
Tenant Pays All Util: Yes
Water: Yes

Owner Expenses

Exterior Maintenance: Yes
HVAC Maintenance: Yes
Insurance: Yes
Lawn Maintenance: Yes
Roof Maintenance: Yes
Trash Collection: Yes

Fuel

Electric: Yes

Heat

Heat Pump: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Smoke Detector: Yes

Other Rooms

Bedroom Main Level: Yes
Mstr Bdrm Main Level: Yes

Roof

Asphalt: Yes
Shingle: Yes

Exterior Features

Deck: Yes

Misc Features

Internet Available: Yes
Washer/Dryer Connect: Yes

New Financing

Cash: Yes
Conventional: Yes

Property Features

Property Sub-Type: Triplex Type of Units: 2 Bedroom Unit; Unfurnished Sale Includes: Building and Land Floors: Luxury Vinyl Plank Tenant Expenses: Electricity; Sewer; Tenant Pays All Util; Water Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Trash Collection Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator; Smoke Detector Construction: Block; Frame Roof: Asphalt; Shingle Siding: Vinyl Exterior Features: Deck Misc Features: Internet Available; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level New Financing: Cash; Conventional

IDX

Listing Office: River Rock Real Estate Group

Last Updated: June - 07 - 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.