Commercially Zoned
For Sale
Contact for pricing
Pending
3206 East Magnolia Avenue, Knoxville, TN 37914
Four distinct rental units on commercially zoned land, offering residential income with development flexibility.
Property Size2,928 SF
Days on Market52
Property Features for 3206 East Magnolia Avenue
General Information
Standard status
Pending
Size
2,928 SF
Property subtype
Multifamily
Zoning
C-G-2: General Commercial
Additional Details
Multifamily Units
4
Building Details
Year Built
1948
Buildings
1
Tenancy
Multi
Listing Agency:
Young Marketing Group - Realty Executives
(865) 281-1321
Listed By:
Carl Young · License #TN
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Jul 24 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Young Marketing Group - Realty Executives
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
