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.
MLS# | 1276758 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 18 |
Listing Provided By | SVN I Wood Properties | Kevin G. Tipton |
SQ Feet | 9,120 |
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Units | 8 |
State | TN |
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County | Knox County 1 |
City | Knoxville |
Zip Code | 37914 |
Area | Knox County 1 |
Subarea | 1 |
Community Name | Lake Park Springs |
School District | Austin East/Magnet |
Elementary School | Sarah M Greene/Magnet |
Middle School | Vine/Magnet |
High School | Austin East/Magnet |
Listing VS Median (in Lake Park Springs) | |
Price: $599,000 low | high Med: $724,500 SqFt: 9,120 low | high Med: 9,750 $ / SqFt: $66 low | high Med: $74 On Site: 18 low | high Med: 39.000000 |