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Contingent 100 days on market

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
Approximate, by road

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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.