3208 E Magnolia Ave, Knoxville, TN 37914
Lake Park Spgs Add · Knox County - 1 County
Key Facts
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 Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1940
Living Area
2,500 sq ft
Lot Size
0.18 acres
MLS® Listing#
1345430
Property Features
- Appliances:
- Range
- Cooling:
- Other
- Heating:
- Other, Electric
- Flooring:
- Hardwood, Vinyl
- Fireplace:
- None
- Basement:
- Unfinished
- Parking:
- None
- Lot Features:
- Rolling Slope, Level
- Construction:
- Brick
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- Master Bedroom
Schools
- Elementary:
- Spring Hill
- Middle:
- Vine/Magnet
- High:
- Austin East/Magnet
HOA & Tax
- HOA:
- None
- Parcel #:
- 082CF004
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.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Knoxville, TN
- $443,056
- Median Listing Price
- 57
- Median Days on Market
- 1,930
- Median Sq Ft
- $230
- Median Price / Sq Ft
- 1,931
- Active Listings
- This home’s price is 66% below the area median.
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Knoxville, TN.
Location
- 3208 E Magnolia Ave, Knoxville, TN 37914
Nearby Schools
ABC Kiddie Academy
School · 0.2 mi away
Austin-East High School
Secondary · 0.4 mi away
Fair Garden Family/Community Center
School · 0.6 mi away
Berean Christian School
Secondary · 1.0 mi away
Belle Morris Elementary School
Elementary · 1.6 mi away
Spring Hill Elementary School
Elementary · 1.7 mi away
Richard Yoakley School
Secondary · 1.7 mi away
Vine Middle School
Secondary · 1.8 mi away
Chilhowee Intermediate School
Elementary · 2.1 mi away
Fulton High School
Secondary · 2.2 mi away
Whittle Springs Middle School
Secondary · 2.2 mi away
Holston Middle School
Secondary · 2.2 mi away
First Lutheran School
Elementary · 2.3 mi away
Green Magnet Academy
School · 2.3 mi away
Knox County Adult High School
Secondary · 2.5 mi away
Christenberry Elementary School
Elementary · 2.6 mi away
Knox County Schools Printing Department
School · 2.6 mi away
Tennessee School for the Deaf
Secondary · 2.6 mi away
Trolley - Pub Knox
Elementary · 2.8 mi away
South Knoxville Elementary
Elementary · 2.8 mi away
Commute Calculator
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EXIT Agents in Knoxville
Listing Courtesy: Young Marketing Group, Realty Executives - 8652811321