About This Home

This 2-bedroom, 1-bathroom single family at 3208 E Magnolia Ave in Knoxville, TN is listed for $150,000 ($60 per sqft). Built in 1940, the home offers 2,500 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1940
  • 0.18 acre lot

Property Details

1 full
1940

Amenities

HardwoodA/C
Listing 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.

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

3208 E Magnolia Ave

Knoxville, TN 37914

Lake Park Spgs Add

Property Details

Flooring

VinylHardwood

Construction

Brick

Heating

Electric (Heating)

Appliances

Range

Questions & Answers

This 2-bedroom, 1-bathroom single family at 3208 E Magnolia Ave is listed at $150,000 ($60/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.18 acre lot.

This property is listed by Carl Young and can be reached at 8652811321.

CY

Carl Young

Agent at Young Marketing Group, Realty Executives

(865) 281-1321

Listed by Young Marketing Group, Realty Executives · View on Broker Site

MLS# 1345430· Source: listhub· 30 days on market

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3208 E Magnolia Ave, Knoxville, TN 37914

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