TN
Knox
Knoxville
37914
3206 E Magnolia Ave
3206 E Magnolia Ave, Knoxville, TN 37914
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Listing Type
Multi Family
Listing Status
Active Under Contract
23
$275,000

Home Details for 3206 E Magnolia Ave

Price
$275,000
Type
Residential Income
Year built
1948
County
Knox
Days on site
91
MLS Listing#
3246542
Property Description

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.

Property Features
  • Heating Information
    • Electric
    • Other
  • Cooling Information
    • Wall/Window Unit(s)
  • Utilities
    • Electricity Available
School Information
School Information for 3206 E Magnolia Ave, Knoxville, TN 37914
Elementary School
Spring Hill Elementary
Middle School
Vine Middle/Magnet
High School
Austin East High/Magnet
Listing Courtesy: Young Marketing Group, Realty Executives - 865-281-1321
RealTracs logo Based on information submitted to the MLS GRID as of 2026-08-17 14:57:12 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-08-17 14:57:12
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EXIT TLC REALTY
149 Kelsey Lane Suite 102, Lenoir City, TN 37772
Office
865 816 3094
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