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Sold for $650,000 on 12/27/24
  • $650,000

    2930 E Magnolia Ave, Knoxville, TN 37914

    --beds
    0baths
    9,120sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $848,000 Zestimate®
    $71/sqft
    $1,129 Estimated rent

    What's special

    8-unit value-add multifamily investment at 2930 E Magnolia, Knoxville, TN!! Just minutes from the new Smokies Baseball Stadium, this property is positioned to benefit from area growth and demand. East Magnolia is seeing streetscape improvements, boosting curb appeal and walkability. Close to the University of Tennessee, downtown, and attractions like Chilhowee Park and the Knoxville Zoo, this property offers strong tenant demand potential. Investors have the chance to add value and maximize returns in this growing area.

    Zillow last checked: 7 hours ago

    Listing updated: December 30, 2024 at 05:35am

    Listed by:

    Ford Collier 865-337-3438,

    SVN I Wood Properties,

    Kevin G. Tipton,

    SVN I Wood Properties

    Bought with:

    Orel Brodt, 362711

    Alliance Sotheby's International

    Source: East Tennessee Realtors,MLS#: 1276758MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Other
    Cooling
    • Central Air
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 9,120
    • Total interior livable area: 9,120 sqft

    Property

    Parking
    • Parking features: On Premise Parking, Off Street
    Lot
    • Dimensions: 50 x 165.6 x IRR
    Details
    • Parcel number: 082FN005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1970

    Community & neighborhood

    Location
    • Region: Knoxville
    • Subdivision: Lake Park Springs

    Other

    Other facts
    • Listing terms: New Loan,Cash,Conventional
    Services availability