Discover an incredible investment and lifestyle opportunity with two charming homes for the price of one in the rapidly growing South Knoxville area! Situated on 2.8 scenic acres, this unique property offers versatility, character, and proven income potential.
The main home features 3 bedrooms and 2 full baths, blending timeless charm with modern updates. You'll love the original hardwood floors, cozy wood-burning fireplace, and the open living, dining, and kitchen space. The home offers 691 sq. ft. on the main level plus an additional 416 sq. ft. upstairs, creating a warm and functional layout.
The adjacent guest home (815 sq. ft.) includes 2 bedrooms and 1 full bath--perfect for extended family, long-term tenants, or additional income.
Even better, the property is currently operating as a successful short-term rental, offering immediate income potential for investors or those looking to offset their mortgage. With its private setting and desirable location, it's ideal for guests seeking a peaceful retreat just minutes from shopping, dining, and local amenities.
Step outside and enjoy the custom outdoor fireplace and seating area--perfect for entertaining or relaxing under the stars.
Whether you're looking for a primary residence, multi-generational living, or an income-producing property, this one checks all the boxes. Don't miss your chance to own a truly versatile property in one of Knoxville's most sought-after areas!
For sale
Price cut: $25.1K (5/27)
$499,900
1422 Tipton Station Rd, Knoxville, TN 37920
--beds
0baths
1,859sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$269/sqft
$-- HOA
What's special
- 76 days |
- 706 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
Trudi M. Johnson 865-898-0785,
Realty Executives Associates 865-688-3232
Source: East Tennessee Realtors,MLS#: 1337277
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Hardwood, Tile
Interior area
- Total structure area: 1,859
- Total interior livable area: 1,859 sqft
Property
Parking
- Parking features: Off Street
Details
- Parcel number: 137 069
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Frame, Other
Condition
- Year built: 1940
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $260,000
- Annual tax amount: $1,010
- Date on market: 4/19/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $499,900-4.8%$269/sqft |
Source: | ||
| 5/11/2026 | Price change | $525,000-4.5%$282/sqft |
Source: | ||
| 4/19/2026 | Listed for sale | $550,000+46.7%$296/sqft |
Source: | ||
| 6/4/2024 | Sold | $375,000$202/sqft |
Source: | ||
| 5/6/2024 | Pending sale | $375,000$202/sqft |
Source: | ||
| 4/29/2024 | Listed for sale | $375,000+66.7%$202/sqft |
Source: | ||
| 4/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/18/2024 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/10/2024 | Price change | $2,200+10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/3/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/22/2023 | Listed for rent | $2,000+18%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Listed for rent | $1,695+9.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/26/2022 | Listed for rent | $1,550+29.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/29/2020 | Listing removed | $1,195$1/sqft |
Source: Asset Realty Management, Inc. #1111651 Report a problem | ||
| 3/20/2020 | Listed for rent | $1,195$1/sqft |
Source: Asset Realty Management, Inc. #1111651 Report a problem | ||
| 3/6/2020 | Sold | $224,900$121/sqft |
Source: | ||
| 12/16/2019 | Pending sale | $224,900$121/sqft |
Source: Priority Real Estate #1096548 Report a problem | ||
| 10/3/2019 | Price change | $224,900+2.3%$121/sqft |
Source: Priority Real Estate #1096548 Report a problem | ||
| 8/30/2019 | Price change | $219,900-2.2%$118/sqft |
Source: Priority Real Estate #1081715 Report a problem | ||
| 7/13/2019 | Listed for sale | $224,900$121/sqft |
Source: Priority Real Estate #1081715 Report a problem | ||
| 5/26/2019 | Pending sale | $224,900$121/sqft |
Source: Priority Real Estate #1081715 Report a problem | ||
| 5/25/2019 | Listed for sale | $224,900+324.3%$121/sqft |
Source: Priority Real Estate #1081715 Report a problem | ||
| 10/21/2016 | Sold | $53,000$29/sqft |
Source: East Tennessee Realtors #935247 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,010 | $65,000 |
| 2024 | $1,010 | $65,000 |
| 2023 | $1,010 | $65,000 |
| 2022 | $1,010 +0.4% | $65,000 +36.9% |
| 2021 | $1,006 +64.9% | $47,475 -58.7% |
| 2020 | $610 | $115,000 |
| 2019 | $610 | $115,000 -48.3% |
| 2018 | $610 | $222,500 +673.9% |
| 2017 | $610 +6.6% | $28,750 |
| 2016 | $572 | -- |
| 2015 | $572 | -- |
| 2014 | $572 +0% | -- |
| 2013 | $572 +7.1% | -- |
| 2011 | $534 | $22,625 |
| 2010 | $534 | $22,625 |
| 2009 | $534 +3.9% | $22,625 +18.5% |
| 2008 | $514 | $19,100 |
| 2007 | $514 | $19,100 |
| 2006 | $514 | $19,100 |
| 2005 | $514 +8.7% | $19,100 +19.6% |
| 2003 | $473 | $15,975 |
| 2002 | -- | $15,975 |
| 2001 | -- | $15,975 +11.1% |
| 2000 | -- | $14,375 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37920
Nearby schools
GreatSchools rating
- 7/10Bonny Kate Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10South Doyle Middle SchoolGrades: 6-8Distance: 3.5 mi
- 3/10South Doyle High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Bonny Kate
- Middle: South Doyle
- High: South Doyle
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Knox County
- Knoxville
- 37920
- 1422 Tipton Station Rd






