Sold for $650,000

$650,000

2930 E Magnolia Ave, Knoxville, TN 37914

--beds

0baths

9,120sqft

Multi Family

Built in 1970

-- sqft lot

$917,500 Zestimate^®

$71/sqft

$1,300 Estimated rent

Home value

$917,500

$734,000 - $1.14M

$1,300/mo

Zestimate^® history

Owner options

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$1,300/mo

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$1,300/mo

Rent Zestimate^®

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$3,747/mo

Est. payment

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$3,747/mo

Est. payment

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What's special

8-unit value-add multifamily investment at 2930 E Magnolia, Knoxville, TN!! Just minutes from the new Smokies Baseball Stadium, this property is positioned to benefit from area growth and demand. East Magnolia is seeing streetscape improvements, boosting curb appeal and walkability. Close to the University of Tennessee, downtown, and attractions like Chilhowee Park and the Knoxville Zoo, this property offers strong tenant demand potential. Investors have the chance to add value and maximize returns in this growing area.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central

Cooling

Central Air

Features

Flooring: Vinyl

Interior area

Total structure area: 9,120
Total interior livable area: 9,120 sqft

Property

Parking

Parking features: Off Street, On Premise Parking

Lot

Dimensions: 50 x 165.6 x IRR

Details

Parcel number: 082FN005

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1970

Community & HOA

Community

Subdivision: Lake Park Springs

Location

Region: Knoxville

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $209,900
Annual tax amount: $1,305
Date on market: 10/2/2024
Listing terms: New Loan,Cash,Conventional

Price history

Date	Event	Price
6/5/2025	Listing removed	$750
Source: Zillow Rentals Report a problem
5/29/2025	Listed for rent	$750
Source: Zillow Rentals Report a problem
12/27/2024	Sold	$650,000+8.5%$71/sqft
Source: East Tennessee Realtors #1276758 Report a problem
10/8/2024	Pending sale	$599,000$66/sqft
Source: East Tennessee Realtors #1276758 Report a problem
10/2/2024	Listed for sale	$599,000$66/sqft
Source: East Tennessee Realtors #1276758 Report a problem
9/26/2024	Pending sale	$599,000$66/sqft
Source: East Tennessee Realtors #1276758 Report a problem
9/17/2024	Listed for sale	$599,000+178.6%$66/sqft
Source: East Tennessee Realtors #1276758 Report a problem
5/18/2018	Sold	$215,000+87%$24/sqft
Source: Public Record Report a problem
4/17/2015	Sold	$115,000-4.2%$13/sqft
Source: Public Record Report a problem
12/5/2007	Sold	$120,000-40%$13/sqft
Source: Public Record Report a problem
7/26/2005	Sold	$200,000+150%$22/sqft
Source: Public Record Report a problem
9/16/2003	Sold	$80,000$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,305	$83,960
2024	$1,305	$83,960
2023	$1,305	$83,960
2022	$1,305 +4.4%	$83,960 +42.4%
2021	$1,250	$58,960 -60%
2020	$1,250	$147,400
2019	$1,250	$147,400 -11.5%
2018	$1,250 -53.7%	$166,600 +352.1%
2017	$2,703 -19.6%	$36,850
2016	$3,362	--
2015	$3,362	--
2014	$3,362 +7.2%	--
2013	$3,136 +90.4%	--
2012	$1,647	--
2011	$1,647	$69,800
2010	$1,647	$69,800
2009	$1,647 -10.4%	$69,800 +2.2%
2008	$1,838 +60%	$68,320 +60%
2007	$1,149	$42,700
2006	$1,149	$42,700
2005	$1,149 -8.6%	$42,700 +0.5%
2004	$1,257	$42,475
2003	$1,257	$42,475
2002	--	$42,475
2001	--	$42,475 +9.4%
2000	--	$38,825

Find assessor info on the county website

Neighborhood: Park City

Nearby homes

Nearby schools

GreatSchools rating

2/10
Sarah Moore Greene Elementary / Magnet
Grades: PK-5Distance: 1.1 mi
2/10
Vine Middle/Magnet
Grades: 6-8Distance: 1.6 mi
4/10
Austin East High/Magnet
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Sarah M Greene/Magnet
Middle: Vine/Magnet
High: Austin East/Magnet

Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.