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Listing Detail - Nashville Home and Farms

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Knoxville, TN 37914 3206 E Magnolia Ave

3206 E Magnolia Ave Knoxville, TN - Image 13206 E Magnolia Ave Knoxville, TN - Image 23206 E Magnolia Ave Knoxville, TN - Image 3
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Presented By: Young Marketing Group, Realty Executives;
  • MLS# 3246542
  • 06/21/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 4

Home Details

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.
Presented By: Young Marketing Group, Realty Executives;

Interior Features for 3206 E Magnolia Ave

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
FlooringOther
Heating Y/NYes

General for 3206 E Magnolia Ave

Attached Garage No
Building Area UnitsSquare Feet
Buyer FinancingVA, FHA, Other, Conventional
CityKnoxville
Construction MaterialsOther, Brick
CoolingWall/Window Unit(s)
CountyKnox County, TN
DirectionsFrom 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
Elementary SchoolSpring Hill Elementary
HeatingElectric, Other
High SchoolAustin East High/Magnet
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolVine Middle/Magnet
New ConstructionNo
Number Of Units Total4
PossessionClose Of Escrow
Property Attached Y/NYes
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameLake Park Spgs Add
Tax Annual Amount2276
UtilitiesElectricity Available
Year Built1948
Year Built DetailsExisting

Exterior for 3206 E Magnolia Ave

Lot Dimensions50 X 160
Total Parking0
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Austin East High/Magnet
Middle School Vine Middle/Magnet
Elementary School Spring Hill Elementary

Anthony Martin

Agent | Owner
Price $275,000
MLS#3246542
List Date 06/21/2026
Property Type Multi-Family
Request Tour
Request Info
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