3206 E Magnolia Ave, Knoxville, TN 37914
New Listing
$275,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$275,000
List Date:
7/24/2026
Last Modified:
7/24/2026
Listing Details MLS# 1345431
Location Tax Legal Info
- House #
- 3206
- St Dir
- E
- Street Name
- Magnolia
- St Suffix
- Ave
- State/Province
- TN
- Zip Code
- 37914
- PIN #
- 082CF003
- Subdivision
- Lake Park Spgs Add
Contract Info
- Auction Y/N
- No
- Listing Price
- 275000
General Property Description
- Lot Dimensions
- 50 X 160
- Number of Units
- 4
- Year Built
- 1948
- Property Status
- N/A
- Restrictions
- Yes
- Driveway
- -
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2026-07-24
Location, Tax & Legal Info
- Area
- Knox County - 1
- City/County Code
- City Limits
- Elementary School
- Spring Hill
- Middle School
- Vine/Magnet
- Total Tax
- 2276.21
- High School
- Austin East/Magnet
Remarks & Misc
- Directions
- From I-40 E/I-75 N, continue to follow I-40 E, Use the right lane to take exit 390 for Cherry St, Drive to E Magnolia Ave, Turn right onto N Cherry St, Turn left onto E Magnolia Ave, Destination will be on the right.
- Public Remarks
- This versatile 4-plex represents a premier investment opportunity situated in a high-demand rental pocket. Tenants will love the convenience and walkability of this prime location, ensuring steady demand and consistent monthly cash flow. With four distinct units generating separate income streams, this property significantly mitigates vacancy risk while serving as an incredible wealth-building asset from day one. What truly sets this property apart is its rare commercial zoning, offering an unmatched level of versatility and long-term equity upside. Investors can comfortably collect traditional residential rent today while holding a highly valuable piece of commercial land for tomorrow. Whether you are looking to expand your portfolio with immediate cash flow, execute a strategic ''house-hack,'' or bank on future land appreciation, this property delivers the ultimate real estate trifecta. Opportunities that seamlessly blend residential income with commercial development potential do not stay on the market long. Contact us today to schedule your private tour.
More Information
Property Sub-Type
- Four Plex
- Yes
Construction
- Frame - Brick
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Window Unit(s)
- Yes
Floors
- Other
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Fuel
- Electric
- Yes
Heat
- Space Heater
- Yes
- Other
- Yes
Appliances
- Range
- Yes
Other Rooms
- Den/Study
- Yes
Roof
- Shingle
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Four Plex
Type of Units:
1 Bedroom Unit
Sale Includes:
Building and Land
Floors:
Other
Fuel:
Electric
Heat:
Space Heater; Other
Cooling:
Window Unit(s)
Appliances:
Range
Construction:
Frame - Brick
Roof:
Shingle
Other Rooms:
Den/Study
New Financing:
Cash; Conventional; FHA; VA Loan
Showing:
See Agent Instructns
IDX
Listing Office:
Young Marketing Group, Realty Executives
Last Updated: July - 24 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 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 daily, 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.