3208 E Magnolia Ave, Knoxville, Tennessee 37914

TN, Knoxville
$150,000
  • Under Contract Status
  • Day 10 Under Contract Contract accepted - open contingencies
  • Residential Property Type
  • 2 Beds Total Bedrooms
  • 1 Baths Full + Half Bathrooms
  • 2500 Total Sqft $60/sqft
  • 0.18 Acres Lot/Land Size
  • 1940 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Discover a property brimming with potential on E. Magnolia Ave, perfectly suited for savvy investors and homebuyers alike. This 1,311-square-foot single-family home features a comfortable layout with 2 bedrooms and 1 bathroom, making it an ideal choice for an affordable primary residence or a high-performing addition to your rental portfolio. Inside, the welcoming living space is complemented by a full, unfinished basement that offers abundant storage or the perfect canvas for future expansion.

What truly sets this property apart is its exceptional flexibility and prime positioning. Boasting C-3 Commercial zoning and 50 feet of prominent frontage on a high-visibility thoroughfare, the possibilities here are endless. Whether you choose to leverage its excellent footprint for a commercial business, live in it as a private residence, or cash in on its strong rental appeal, this unique property seamlessly adapts to match your investment or personal goals.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3246540
  • Price: $150,000
  • Full Bathrooms: 1
  • Square Footage: 2,500 Sqft
  • Year Built: 1940
  • Lot Area: 0.18 Acre
  • Office Name: Young Marketing Group, Realty Executives
  • Agent Name: Carl Young
  • Property Sub Type: Single Family Residence
  • Listing Status: Active Under Contract
Location Info
  • Street Number: 3208
  • Street: E Magnolia Ave
  • City Knoxville
  • State TN
  • Zipcode 37914
  • County Knox County, TN
  • Subdivision Lake Park Spgs Add
  • Longitude: W84° 6' 52.1''
  • Latitude: N35° 59' 42.9''
  • Directions: 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.
Features
  • Heating System Electric, Other
  • Cooling System Other
  • Basement Unfinished
  • Utilities Electricity Available, Water Available
  • Architectural Style Traditional
  • Flooring Wood, Vinyl
  • Sewer Public Sewer
Appliances
  • Range
Schools
  • Elementary School: Spring Hill Elementary
  • Middle School: Vine Middle/Magnet
  • High School: Austin East High/Magnet
Additional Info
  • Water Source: Public
  • Building Size: 2,500 Sqft
  • Construction Materials: Other, Brick
  • Levels: Two
  • Lot Features: Level, Rolling Slope
  • Lot Size Dimensions: 50 X 160
  • On Market Date: June 21st, 2026
  • Previous Price: $150,000
Financial
  • Annual Tax Amount: $1,549
Listing Data
  • Co List Agent Full Name: Jason Strange
  • Co List Office Name: Young Marketing Group, Realty Executives
  • Mls Status: Under Contract - Showing
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Jul 7th, 2026 @ 3:00pm
  • Status Change Timestamp: Jul 7th, 2026 @ 2:59pm
mls grid

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