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$150,000 - 3208 E Magnolia Ave, Knoxville

2
Bedrooms
1
Baths
2,500
SQ. Feet
0.18
Acres

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.

Essential Information

  • MLS® #:
    3246540
  • Price:
    $150,000
  • Bedrooms:
    2
  • Bathrooms:
    1.00
  • Full Baths:
    1
  • Square Footage:
    2,500
  • Acres:
    0.18
  • Year Built:
    1940
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Traditional
  • Status:
    Active

Community Information

  • Address:
    3208 E Magnolia Ave
  • Subdivision:
    Lake Park Spgs Add
  • City:
    Knoxville
  • County:
    Knox County, TN
  • State:
    TN
  • Zip Code:
    37914

Amenities

  • Utilities:
    Electricity Available, Water Available

Interior

  • Appliances:
    Range
  • Heating:
    Electric, Other
  • Cooling:
    Other

Exterior

  • Lot Description:
    Level, Rolling Slope
  • Construction:
    Other, Brick

School Information

  • Elementary:
    Spring Hill Elementary
  • Middle:
    Vine Middle/Magnet
  • High:
    Austin East High/Magnet

Additional Information

  • Date Listed:
    July 20th, 2026
  • Days on Market:
    27

Listing Details

  • Listing Office:
    Young Marketing Group, Realty Executives

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on August 31st, 2026 at 1:55pm CDT.