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3206 E Magnolia Ave, 
Knoxville, TN 37914

$275,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Carl Young

, 

Jason Strange

Young Marketing Group, Realty Executives

865-281-1321

Last updated:

July 23, 2026, 08:39 PM

MLS#

3246542

Source:

NASHVILLE

About This Home

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.

Home Facts

Multi-Family

Built in 1948

Price Summary

275,000

MLS #:

3246542

Last Updated:

July 23, 2026, 08:39 PM

Added:

a month ago

Structure

Structure

Year Built:

1948

Finances & Disclosures

Finances

Price:

$275,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.