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.
| MLS # | 3246540 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 105 |
| Listing Provided By | Young Marketing Group, Realty Executives | Carl Young |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.18 |
| Lot Features | Level, Rolling Slope |
|---|
| Property | 1549 |
|---|
| State | TN |
|---|---|
| County | Knox County |
| City | Knoxville |
| Zip Code | 37914 |
| Area | Knox County | TN |
| Community Name | Lake Park Spgs Add |
| School District | Austin East High/Magnet |
| Elementary School | Spring Hill Elementary |
| High School | Austin East High/Magnet |
| Listing VS Median (in Lake Park Spgs Add) | |
Price: $150,000 low | high Med: $150,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $60 low | high Med: $60 On site: 105 low | high Med: 105 | |
| State | TN |
|---|---|
| County | Knox County |
| City | Knoxville |
| Zip Code | 37914 |
| Area | Knox County | TN |
| Community Name | Lake Park Spgs Add |
| School District | Austin East High/Magnet |
| Elementary School | Spring Hill Elementary |
| High School | Austin East High/Magnet |
| Listing VS Median (in Lake Park Spgs Add) | |
Price: $150,000 low | high Med: $150,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $60 low | high Med: $60 On site: 105 low | high Med: 105 | |