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Quadplex with Commercial Zoning
For Sale
$275,000
Pending

3206 E Magnolia Ave, Knoxville, TN 37914

Multi-Family, Knoxville, TN

Property SizeContact for details
Days on Market81

Property Features for 3206 E Magnolia Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 3
Parking features Off Street
Appliances Range
Subdivision Lake Park Spgs Add
Elementary school Spring Hill
Middle school Vine/Magnet
High school Austin East/Magnet
Directions From I-40 E/I-75 N, continue to follow I-40 E, Use the right lane to take exit 390 for Cherry St, Drive to E Magnolia Ave, Turn right onto N Cherry St, Turn left onto E Magnolia Ave, Destination will be on the right.
Standard status Pending
APN 082CF003

Taxes and HOA fees

Tax Annual Amount 2276

Utilities

Heating system Space Heater, Electric (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1948
Number of units 4
Building materials Brick
Roof type Shingle
Listing Agency: Young Marketing Group, Realty Executives · Realty Executives International
Listed By: Carl Young · License #337453
Added: Jun 21 Changed: Sep 8 Last Checked: Sep 9 at 1:06AM
MLS# 1345431

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.

Investment Insights

Based on property information with market context.

This four-unit property at 3206 E Magnolia Ave features brick construction, a shingle roof, and individual residential units with bedroom and bathroom areas. The property was built in 1948 and includes a range, electric heating, space heaters, window unit cooling, and off-street parking.

Commercial zoning is identified for the property, adding a nonresidential land-use component to its existing multifamily configuration. The asset is located in Knoxville, Tennessee, within Knox County and the 37914 postal area.

Key Highlights

  • Four‑unit quadplex configuration
  • Commercial zoning identified for the property
  • Brick construction with shingle roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 37914, TN

20,587
Population
9,861
Households
2.1
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
519
Density / Sq Mi
$55,933
Median Household Income
$36,321
Median Earnings
$988
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with brick construction, off-street parking, and separate residential units.
Where is this quadplex located?
The property is located at 3206 E Magnolia Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Commercial zoning identified for the property; Brick construction with shingle roof
More about this property
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