3206 E Magnolia Ave, Knoxville, TN 37914

Knoxville
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
3206 E Magnolia Ave,Knoxville, TN 37914
$275,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: carl young, jason strange
Office: young marketing group, realty executives
MLS#:3246542
Source:NASHVILLE

Price summary

  • Price:$275,000

About this home

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...

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Home facts

  • Year built:1948
  • Subdivision & Development:Lake Park Spgs Add
  • Listing ID #:3246542
  • Added:95 day(s) ago
  • Updated:September 24, 2026 at 02:36 PM

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Year built:1948
  • Construction Materials:Brick

Schools

  • High school:Austin East High/Magnet
  • Middle school:Vine Middle/Magnet
  • Elementary school:Spring Hill Elementary

Finances and disclosures

  • Price:$275,000
  • Tax amount:$2,276
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