Commercially Zoned Four-Plex

3206 East Magnolia Avenue, Knoxville, TN 37914

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Four distinct rental units on commercially zoned land, offering residential income with development flexibility.

Type:Multifamily

Property size:

2,928 SF

Price / SF:

$93/SF

HighLights

4‑plex built in 1948 with four distinct rental units
Commercial zoning provides flexibility for residential income plus potential development use
Four separate income streams, with each unit generating its own rental revenue
Short description: four distinct rental units on commercially zoned land

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Carl Young

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For Sale

Contact for pricing

Four distinct rental units on commercially zoned land, offering residential income with development flexibility.

Type:Multifamily

Property size:

2,928 SF

Price / SF:

$93/SF

Added:: Jun 22, 2026
Days on Market:: 6
Last Refresh:: Jun 26 at 2:57 am

Property Features for 3206 East Magnolia Avenue

General Information

Standard status: Active
Size: 2,928 SF
Property subtype: Multifamily

Building Details

Year Built: 1948

We can help!

Contact an agent

Carl Young

Listing office Young Marketing Group - Realty Executives

Listing date Jun 22, 2026

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All listing content including descriptions, pricing, images are the copyrighted material of Young Marketing Group - Realty Executives

HighLights

4‑plex built in 1948 with four distinct rental units
Commercial zoning provides flexibility for residential income plus potential development use
Four separate income streams, with each unit generating its own rental revenue
Short description: four distinct rental units on commercially zoned land

Overview

This property is a 4-plex with four distinct units, each designed to operate as a separate income stream. The structure provides an all-in-one setup for investors or owners seeking multiple residential tenancies under one ownership. The offering is positioned as a versatile holding with commercial zoning, giving the asset a dual-purpose profile for residential use today and broader options tied to the underlying land and zoning classification.

The building is located at 3206 East Magnolia Avenue in Knoxville, Tennessee. As presented, it sits within a rental-focused area where tenants value convenience and walkability, supporting day-to-day rental operations.

From a tenant and ownership standpoint, the layout supports multiple households without requiring separate property management across different addresses. For buyers, the commercial zoning component is a meaningful differentiator because it may allow for future possibilities beyond conventional residential-only ownership. Whether you are adding to a rental portfolio or considering a live-and-invest approach, this four-unit property offers a practical foundation of residential income alongside commercially zoned flexibility. Contact us for a private tour to review the units and confirm how the zoning and site configuration may fit your goals.

Location Intelligence

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Quadplexes

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Local Demand

City: Knoxville
County: Knox
State: Tennessee
Longitude: -83.884926
Latitude: 35.995204

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For sale
Quadplexes
TN
Knoxville
37914
3206 East Magnolia Avenue

What type of property is this?

Quadplex - Four distinct rental units on commercially zoned land, offering residential income with development flexibility.

Where is this quadplex located?

The property is located at 3206 East Magnolia Avenue 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: 4‑plex built in 1948 with four distinct rental units; Commercial zoning provides flexibility for residential income plus potential development use; Four separate income streams, with each unit generating its own rental revenue