$242,500
About this home
One or more photo(s) has been virtually staged. Discover the potential at 2536 Magnolia Ave in Sanford! This unique property offers exceptional flexibility with MR2 zoning (Medium Density Residential)—opening the door to a variety of uses including multi-family living, income-producing opportunities, or a spacious single-family residence. Whether you’re an investor, homeowner, or looking for a live/work setup, this property delivers options. Situated on a generous lot (almost half an acre), the home provides ample space both inside and out, with room to expand or reimagine to fit your vision. Enjoy the charm of an established neighborhood while being conveniently located near major roadways, shopping, dining, and historic downtown Sanford. Opportunities like this don’t come around often and to top it off ROOF is 2024, AC is 2020, water heater is 2025, 2 sheds on property, corner lot, a ready to go versatile property! Survey is uploaded and available for buyer's review.
Property details
- MLS #
- MFRO6403126
- Property type
- Single Family Residence
- Subdivision
- OTTERS SUB
- Status
- Active
- Days on market
- 140
- On market date
- May 1, 2026
- Stories
- N/A
- Total bathrooms
- 1.5
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.42 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 646
- Student:teacher ratio
- 14.7:1
- District
- SEMINOLE
- Enrollment
- 1,321
- Student:teacher ratio
- 17.9:1
- District
- SEMINOLE
- Enrollment
- 21
- District
- SEMINOLE
Walkability
Blended score for SANFORD's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in SANFORD, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.
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.