$150,000
Knoxville, TN 37914
MLS# 1345430
2 beds | 2500 sqft
1 / 10
Property Description
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.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 150000
Current Price: $150,000
Status: Active
Listing Date: 2026-06-21
Location, Tax & Legal Info
Area: Knox County - 1
Property Sub-Type: Residential
City/County Code: City Limits
Elementary School: Spring Hill
Middle School: Vine/Magnet
Total Tax: 1548.76
High School: Austin East/Magnet
General Property Description
Type: Basement Ranch
# Bedrooms: 2
Acres: 0.18
Acre Source: Tax Records
# of Rooms: 7
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 0
HOA Contact: -
Property Status: N/A
SqFt - Main Lvl: 1250
SqFt - Down Lvl: 1250
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: Yes
Bonus Room: No
SqFt - Total (Aprox): 2500
Baths - Full: 1
Year Built: 1940
Remarks & Misc
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.
Public Remarks: 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.
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Frame - Brick: 1
Fireplace
None: 1
Cooling
Other: 1
Floors
Hardwood: 1
Vinyl: 1
Garage/Parking
None: 1
Basement
Unfinished: 1
Lot Description
Level: 1
Rolling Slope: 1
Fuel
Electric: 1
Heat
Other: 1
Appliances
Range: 1
Exterior Features
Windows - Wood: 1
Misc Features
Internet Available: 1
Sewer
Public Sewer: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 3208
St Dir: E
Street Name: Magnolia
St Suffix: Ave
State/Province: TN
Zip Code: 37914
PIN #: 082CF004
Subdivision: Lake Park Spgs Add
Geo Lat: 35.995261
Geo Lon: -83.88477
Status Change Info
Status Change Date: 2026-07-20
Property Features
Style: Traditional
Construction: Frame - Brick
Basement: Unfinished
Lot Description: Level; Rolling Slope
Fireplace: None
Floors: Hardwood; Vinyl
Fuel: Electric
Heat: Other
Cooling: Other
Appliances: Range
Sewer: Public Sewer
Water: Public
Misc Features: Internet Available
Exterior Features: Windows - Wood
Showing: See Agent Instructns
New Financing: Cash; Conventional
Room Information
| Room Name |
| Master Bedroom |
IDX
Listing Office: Young Marketing Group, Realty Executives
Last Updated: July - 20 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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