3208 E Magnolia Ave
Knoxville, TN 37914 · Lake Park Spgs Add · Knox County
$145,000
$5,000 price cut · Oct 8
- Beds
- 2
- Baths
- 1
- Sq ft
- 2,500
- Acres
- 0.18
- Built
- 1940
Listing courtesy of Young Marketing Group, Realty Executives · MLS #1345430
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.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- Basement Ranch
- Year built
- 1940
- Living area
- 2,500 sq ft
- Bedrooms
- 2
- Bathrooms
- 1 full
- Basement
- Unfinished
Interior
- Flooring
- Vinyl, Hardwood
- Appliances
- Range
- Also
- Internet Available
Exterior
- Construction
- Brick
- Architecture
- Traditional
Land
- Lot size
- 0.18 acres
- Lot
- Rolling Slope
- Deed restrictions
- Yes
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Electric
Listing
- MLS #
- 1345430
- Status
- Contingent
- On market
- 100 days
- Listed
- Jul 20, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $58
- 2,500 sq ft
Price history
- Oct 8, 2026
- Price cut
- $145,000 −$5,000
- Before
- Listed
- $150,000
Accepted
- Cash
- Conventional
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Location
- Neighborhood
- Lake Park Spgs Add
- County
- Knox
- ZIP
- 37914
Drive times
- downtown Knoxville 15 min
- UT Medical Center 15 min
- McGhee Tyson Airport 30 min
- Pellissippi State 30 min
- Turkey Creek 30 min
- Douglas Lake 45 min
- Lenoir City 45 min
- Maryville 45 min
- Sevierville 45 min
- LaFollette 60 min
- Morristown 60 min
- ORNL 60 min
- Pigeon Forge 60 min
- Tellico Lake 60 min
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Listing courtesy of Young Marketing Group, Realty Executives. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1345430.