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Listing Detail - Nashville Home and Farms

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Knoxville, TN 37914 3206 E Magnolia Ave

$275,000

Pending
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Presented By: Young Marketing Group, Realty Executives
  • MLS# 1345431
  • 06/21/2026
  • Request Tour
  • Request Info

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

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringOther
Heating Y/NYes

General for 3206 E Magnolia Ave

AppliancesRange
Attached Garage No
CityKnoxville
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyKnox County - 1
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 the right.
Elementary SchoolSpring Hill
HeatingSpace Heater, Other, Electric
High SchoolAustin East/Magnet
MLS AreaKnox County - 1
MLS Area MinorKnox County - 1
Middle/Junior High SchoolVine/Magnet
New Financing Cashtrue
New Financing Coventionaltrue
New Financing FHAtrue
New Financing VA Loantrue
Number Of Units Total4
Property TypeMulti-Family
Standard StatusPending
StatusPending - Continue to Show
Subdivision NameLake Park Spgs Add
Year Built1948

Exterior for 3206 E Magnolia Ave

Lot Dimensions50 X 160
Parking FeaturesOff-Street Parking

Additional Details

Price History

Schools

Middle School Vine/Magnet Middle School
High School Austin East/Magnet High School

Anthony Martin

Agent | Owner
Price $275,000
MLS#1345431
List Date 06/21/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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