Jeff Powers
← INNOVATE Real Estate
No photos available for this listing

$150,000

3208 E Magnolia Ave, Knoxville, TN 37914
Knoxville, TN 37914
Listed by Carl Young · Young Marketing Group, Realty Executives
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
1940

About this home

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

MLS #
1345430
Property type
Single Family Residence
Subdivision
Lake Park Spgs Add
Status
Active
Days on market
47
On market date
July 20, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.18 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Sarah Moore Greene Magnet Technology Academy
1.07 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
511
Student:teacher ratio
11.9:1
District
Knox County
Middle
Vine Middle/Magnet
1.82 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
10.2:1
District
Knox County
High
Austin East High/Magnet
0.38 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
656
Student:teacher ratio
10.1:1
District
Knox County

Mortgage calculator

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Est. monthly payment
$1,053/mo
$30,000 down
$120,000 loan
Principal & interest$778
Property tax (est.)$125
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated July 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.