3206 Magnolia Ave Knoxville, TN 37914
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lake Park Spgs Add
MLS Listing ID 1345431
Year Built 1948
Lot Dimensions 50 X 160
Source East Tennessee REALTORS® MLS
Property Description
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.
Location
State TN
County Knox County - 1
Rooms
Other Rooms DenStudy
Interior
Heating Space Heater, Other, Electric
Cooling Window Unit(s)
Flooring Other
Appliance Range
Heat Source Space Heater, Other, Electric
Exterior
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Garage No
Building
Faces From 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.
Structure Type Brick
Schools
Elementary Schools Spring Hill
Middle Schools Vine/Magnet
High Schools Austin East/Magnet
Others
Restrictions Yes
Tax ID 082CF003
Energy Description Electric
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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