4-Unit Quadplex with Newer
For Sale
Contact for pricing
Pending
3637 E Magnolia Ave, Knoxville, TN 37914
Fully rented four-apartment property with parking at both ends of a street-to-street lot and C-G zoning.
Property SizeContact for details
Days on Market144
Property Features for 3637 E Magnolia Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
C-G
Occupancy
100%
Financials
Cap Rate
9.3%
Opportunity Zone
Yes
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
Goldman Partners Realty
(865) 444-3241
Listed By:
Solange Velas · License #TN 263596
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:49PM
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 Goldman Partners Realty
Investment Insights
Based on property information with market context.
Located at 3637 E Magnolia Ave in Knoxville, this four-unit quadplex occupies a former commercial storefront that was reconfigured into separate apartments. The property is fully rented, with two residents in place for 3 years and 7 years and two additional residents who moved in within the past year. A newer roof and parking areas at the front and rear add to the physical improvements. Because the building has a single water meter and one electric meter, utilities are included in the rental rate.
The property sits along a major thoroughfare carrying nearly 12,000 vehicles per day and is approximately 2.5 miles from the baseball stadium scheduled for completion in 2025. Its C-G General Commercial zoning allows a mix of retail, personal service, office, and residential uses, providing flexibility for future ownership plans.
The property sits along a major thoroughfare carrying nearly 12,000 vehicles per day and is approximately 2.5 miles from the baseball stadium scheduled for completion in 2025. Its C-G General Commercial zoning allows a mix of retail, personal service, office, and residential uses, providing flexibility for future ownership plans.
Key Highlights
- Four units; fully rented with residents in place for 3 years, 7 years, and within the past year
- 9,3 cap rate
- C‑G General Commercial zoning permits retail, personal service, office, and residential use
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
364
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 - Fully rented four-apartment property with parking at both ends of a street-to-street lot and C-G zoning.
Where is this quadplex located?
The property is located at 3637 E Magnolia Ave Knoxville, TN.
What are key features of this property?
This property features: Four units; fully rented with residents in place for 3 years, 7 years, and within the past year; 9,3 cap rate; C‑G General Commercial zoning permits retail, personal service, office, and residential use
