# 3206 E Magnolia Ave, Knoxville, TN 37914

> **TL;DR:** 4bd/0ba residential multi family, $275,000, built 1948.
> A/C. Est. $1,192/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $275,000 |
| Bedrooms | 4 |
| Year Built | 1948 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,192 |
| **Total** | **$1,192** |

## Nearby Schools

- **Elementary:** Spring Hill
- **Middle:** Vine/Magnet
- **High:** Austin East/Magnet

## Key Amenities

- A/C

## Property Highlights

- Built in 1948

## Description

### Agent Description
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.

## Location

- **Address:** 3206 E Magnolia Ave, Knoxville, TN 37914
- **County:** Knox County - 1
- **Neighborhood:** Lake Park Spgs Add
- **Coordinates:** 35.995203, -83.884924
- **Google Maps:** https://www.google.com/maps?q=35.995203,-83.884924

## Listing Agent

- **Name:** Carl Young
- **Brokerage:** Young Marketing Group, Realty Executives
- **Phone:** 8652811321
- **Email:** carl@ymgproperties.com

## Primary Photo

![3206 E Magnolia Ave - Primary Photo](http://lh.rdcpix.com/e2d9a8b725fc0bc1b81c6db8f6a534f9l-f754283598r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/3206-e-magnolia-ave-knoxville-tn-37914-1345431)*

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**MLS#:** 1345431 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3206-e-magnolia-ave-knoxville-tn-37914-1345431)

---

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