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3206 E Magnolia Ave
Knoxville TN 37914 US

$275,000

Active Listing ID 1345431
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4 bed
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4.00 Bath (4 Full)
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Other

$275,000

Active Listing ID 1345431
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3206 E Magnolia Ave 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Window Unit(s)
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Space Heater

School Information

  • School
  • Spring Hill(Elementary)
  • Vine/Magnet(MiddleSchool)
  • Austin East/Magnet(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 275000
  • unparsedaddress: 3206 E Magnolia Ave
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37914
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.995203
  • longitude: -83.884924
  • listagentfullname: Carl Young
  • listagentemail: carl@ymgproperties.com
  • listagentkey: 3yd-KAARMLSTN-337453
  • listagentmlsid: 337453
  • listagentpreferredphone: 8652811321
  • listagentofficephone: 8652811321
  • listofficekey: 3yd-KAARMLSTN-3038
  • listofficemlsid: 3038
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1948
  • listingcontractdate: 2026-06-21
  • listagenturl: http://www.youngmarketinggroup.com
  • countyorparish: Knox County - 1
  • parcelnumber: 082CF003
  • elementaryschool: Spring Hill
  • highschool: Austin East/Magnet
  • appliances: Range
  • cooling: Window Unit(s)
  • constructionmaterials: Brick
  • heating: Electric (Heating), Space Heater
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • rooms: Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.884926, 35.9952
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Young Marketing Group, Realty Executives", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"carl@ymgproperties.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"carl@ymgproperties.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KAARMLSTN/0cf9f580eee911ea95380242ac110002/20200909004106909.png", "ListBrokerageName":"Young Marketing Group, Realty Executives", "ListBrokeragePhone":"(865) 281-1321", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"410 Montbrook Ln Ste 103", "ListBrokerageWebsiteUrl":"http://youngmarketinggroup.com", "ListOfficeAddress1":"410 Montbrook Lane Suite 103 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3038", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"sales@ymgproperties.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Knoxville, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3206-E-Magnolia-Ave-Apt-1_Knoxville_TN_37914_M87343-39572?f=listhub&s=KAARMLSTN&m=1345431&c=rexren", "MLSModificationTimestamp":"2026-06-21 14:18:19", "Neighborhoods":[{"Description":null, "Name":"Lake Park Spgs Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2276, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/21/2026 2:22:40 PM GMT
Source Updated Date: 6/24/2026 12:56:15 AM GMT

Courtesy of: Carl Young, Young Marketing Group, Realty Executives, carl@ymgproperties.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.