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Under contract - showing
    • $275,000

    3206 E Magnolia Ave, Knoxville, TN 37914

    4beds
    4baths
    --sqft
    : 
    $1,751/mo
    Get pre-qualified
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    28 days
    |
    1,196
    |
    104
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carl Young 865-281-1321,

    Young Marketing Group, Realty Executives 865-281-1321,

    Jason Strange,

    Young Marketing Group, Realty Executives

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3246542MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Electric, Other
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Other

      Property

      Lot
      • Size: 8,000 Square Feet
      • Dimensions: 50 x 160
      Details
      • Parcel number: 082CF003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Other, Brick
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Lake Park Spgs Add
      Location
      • Region: Knoxville

      Financial & listing details

      • Annual tax amount: $2,276
      • Date on market: 7/24/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/14/2026Contingent$275,000
        Source: RealTracs MLS as distributed by MLS GRID #3246542 Report a problem
        8/14/2026Pending sale$275,000
        Source: East Tennessee Realtors #1345431 Report a problem
        7/24/2026Listed for sale$275,000
        Source: East Tennessee Realtors #1345431 Report a problem
        7/1/2026Contingent$275,000
        Source: RealTracs MLS as distributed by MLS GRID #3246542 Report a problem
        7/1/2026Pending sale$275,000
        Source: East Tennessee Realtors #1345431 Report a problem
        6/21/2026Listed for sale$275,000
        Source: East Tennessee Realtors #1345431 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Park City

        Getting around

        53 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spring Hill Elementary
        • Middle: Vine Middle/Magnet
        • High: Austin East High/Magnet

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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