301 S Magnolia St, Maryville, TN 37803

$1,010,000
Property Type: Multi-Family Square Footage: 7,608 Status: Closed
Current Price: $1,010,000 List Date: 2/18/2026 Last Modified: 5/11/2026

Overview

Description

Magnolia Court Apartments is an 8-unit multifamily property located at 301 S Magnolia Street in Maryville, Tennessee. The property is comprised 2-bedroom, 1-bathroom units, with 7 of the 8 units currently occupied, providing immediate in-place cash flow and upside through lease-up potential. $100,000+ of capital improvements have recently been completed including full unit renovations of select units, new electrical, water heaters, laundry facility, and more. Situated in one of East Tennessee's most desirable and steadily growing markets, Magnolia Court benefits from Maryville's strong local economy, proximity to major employers, and convenient access to shopping, dining, and outdoor amenities near the Great Smoky Mountains.

Listing Details MLS# 1329795

Location Tax Legal Info

House #
301
St Dir
S
Street Name
Magnolia
St Suffix
St
State/Province
TN
Zip Code
37803
PIN #
057L G 018.00

Contract Info

Auction Y/N
No
Listing Price
990000

General Property Description

SqFt - Total (Aprox)
7608
Lot Dimensions
137 X 192 IRR
Number of Units
8
# Units Leased
7
Utilities/Mo Avg
275
Year Built
1930
Property Status
N/A
Driveway
Paved/Gravel

Status Change Info

Status Change Date
2026-05-11
Under Contract Date
2026-03-08
Sold Date
2026-05-08

Location, Tax & Legal Info

Area
Blount County - 28
City/County Code
City Limits
Elementary School
Sam Houston
Total Tax
9407.55
High School
Maryville

Remarks & Misc

Directions
W on Lamar Alexander Parkway to right on N Houston St to left on S Magnolia St.
Public Remarks
Magnolia Court Apartments is an 8-unit multifamily property located at 301 S Magnolia Street in Maryville, Tennessee. The property is comprised 2-bedroom, 1-bathroom units, with 7 of the 8 units currently occupied, providing immediate in-place cash flow and upside through lease-up potential. $100,000+ of capital improvements have recently been completed including full unit renovations of select units, new electrical, water heaters, laundry facility, and more. Situated in one of East Tennessee's most desirable and steadily growing markets, Magnolia Court benefits from Maryville's strong local economy, proximity to major employers, and convenient access to shopping, dining, and outdoor amenities near the Great Smoky Mountains.

More Information

Property Sub-Type

Apartment
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Utility Room
Yes

Cooling

Central Cooling
Yes

Floors

Hardwood
Yes
Laminate
Yes
Tile
Yes

Garage/Parking

Off-Street Parking
Yes
On Premise Parking
Yes

Fuel

Other Fuel
Yes

Heat

Central
Yes

Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Other
Yes

Roof

Metal
Yes
Other
Yes

Exterior Features

Balcony
Yes
Porch - Covered
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Apartment Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Hardwood; Laminate; Tile Fuel: Other Fuel Heat: Central Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator Construction: Frame Roof: Metal; Other Exterior Features: Balcony; Porch - Covered Other Rooms: Other Miscellaneous: Utility Room New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
IDX
Listing Office: PWA Properties
Office Phone: 865-233-6441
Last Updated: May - 11 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.