1. Home
  2. Tennessee
  3. (private lake, pond, creek)

INVESTOR SPECIAL! Rare opportunity in downtown Lenoir City! $250,000

201 W Fourth Ave, Lenoir City, TN 37771

4 br, 4.0 ba, 1955 2480 sf
Knox County
Ad #: 7192146

Home For Sale

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!

Property Details

  • Beds: 4
  • Baths: 4.0
  • Sq Feet: 2480
  • Year Built: 1955
  • Location: (private lake, pond, creek)
  • Acres: 0.170
  • Waterview: Yes
  • ViewTypes: Lake, Mountain
  • County: Knox County
  • Community: Payne Map of Lenoir City
  • Heat/AC: Electric (Heating), Other (Heating)
  • Garage: Assigned, On Street
  • Roof:
  • MLS #: 1327594

Location

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Contact Information:

Contact Agent
Listing Agent: Kiley Parker, Engel & Völkers Knoxville, 865-221-8601, 865-221-8601 Listing Site, Listing Status: Active
Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Lenoir City, Tennessee
Ad Number : 7192146
Viewed: 11 times
Added: Jan 26, 2026
Updated on: Jan 26, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.