2930 E Magnolia Ave, Knoxville, TN 37914

$650,000
9,120
SqFt

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Sold Price
$650,000
List Price
$599,000
Closing Date
Dec 27, 2024
MLS#
1276758
Status
CLOSED
Type
Multifamily
City
Knoxville
County
Knox
Living Area
9,120
Year Built
1970
Subdivision
Lake Park Springs

Property Description

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.

Additional Information

Construction
Brick
Cooling
Central Cooling
Floors
Vinyl
Garage
On Premise Parking, Off-Street Parking
Living Area
9,120
Lot Dimensions
50 X 165.6 X IRR
Year Built
1970

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Calculator source: Real Geeks

Agent: Ford Collier |

Office: SVN I Wood Properties |

Selling Office: .