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2930 E Magnolia Ave

Knoxville, TN 37914
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • ID#: 1276758
Under Contract
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,120
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2024-10-10T23:51:59.01.
www.ashleyfinney.com/homes/155323935
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2930 E Magnolia Ave Knoxville, TN 37914

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • ID#: 1276758
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,120
SQFT
$66
$/SQFT
1970
Built
Neighborhood:
Lake Park Springs
County:
Knox
Area:
Knoxville
Elementary School:
Sarah M Greene/Magnet
Middle School:
Vine/Magnet
High School:
Austin East/Magnet
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.
Exterior Features

Attached Garage YN No Exterior Features [] Garage Parking Off Street Parking Yes Garage Parking On Premise Parking Yes Parking Features On Premise ParkingOff-Street Parking Roof Shingle Yes

Interior Features

Appliances [] Cooling Central Cooling Flooring Vinyl Heating CentralOther Interior Features []

Property Features

Association Amenities [] Auction YN No Construction Materials Brick Listing Terms New LoanCashConventional New Financing Cash Yes New Financing Conventional Yes Other Structures [] Property Status N/A Property Sub Type Apartment Yes

Listing information © 2024 East Tennessee REALTORS®.
Listing provided courtesy of SVN I Wood Properties: .


© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2024-10-10T23:51:59.01.
 
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Realty Executives Associates
10255 Kingston Pike
Knoxville TN, 37922