201 W Fourth Ave, Lenoir City, Tn 37771

Why This Property?

This 4-bedroom, 4-bathroom home spans 2,480 square feet in downtown Lenoir City and was built in 1955. The property features a unique dual-unit layout with an upstairs residential section and a separate downstairs unit, ideal for investors or multi-generational living. Currently mid-renovation with preliminary work underway, it offers strong potential for completion and value appreciation.

The property includes an upstairs section with 2 bedrooms, 2.5 baths, laundry room, kitchen, living and dining areas. Downstairs features 2 additional bedrooms, open concept living space, kitchen, and full bathroom—the former pharmacy space. A completely fenced yard and new covered front porch enhance the appeal.

Located steps from downtown shops, dining, and waterfront attractions, this investment opportunity combines historic character with modern growth potential in a thriving neighborhood.