201 W 5Th Ave unit: 15 15 The Lucerne Condominiums - Historic Charm in the Heart of Downtown Welcome to Lucerne Condominiums, a timeless 1930 historic building nestled in Knoxville's vibrant Old City. This first floor - one Bedroom corner unit blends original character with modern convenience, perfect for full-time living, a college student, or an income-producing investment. Located on the main level with its own private gated entrance and personal exterior front door, this unit offers rare privacy and easy access. Step inside to all one-level living, featuring hardwood and tile floors (no carpet!), abundant natural light, and an exposed brick living room wall that adds a contemporary urban feel. The open floor plan flows into a stylish kitchen with stainless steel appliances, ideal for everyday living or hosting guests. The spacious bathroom includes a walk-in tile shower, and the unit features its own laundry room with washer/dryer hookups, a major convenience downtown. The building also provides a shared coin-operated laundry, on-street parking, and ample parking nearby. Residents enjoy a charming shared courtyard with picnic tables, secure access through both a gated entry and a locked shared exterior red door, and all the character that comes with a historic Knoxville landmark. Located just 2 miles from the University of Tennessee and within walking distance to breweries, restaurants, galleries, and the highly anticipated new Smokies baseball stadium, this condo places you steps from everything Downtown Knoxville has to offer. The HOA allows short-term overnight rentals, making it an exceptional investment opportunity. The unit is currently occupied on a month-to-month lease by a tenant who would love to renew for another year, providing built-in income potential. Whether you're seeking a charming city residence or a high-demand rental property, this condo at Lucerne delivers unmatched convenience, character, and opportunity in the heart of Downtown Knoxville.