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For sale
  • Price cut: $25.1K (5/27)
    $499,900

    1422 Tipton Station Rd, Knoxville, TN 37920

    --beds
    0baths
    1,859sqft
    : 
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    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $269/sqft
    $-- HOA

    What's special

    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!
    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#: 1337277MLS Logo

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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

        DateEventPrice
        5/27/2026Price change$499,900-4.8%$269/sqft
        Source: East Tennessee Realtors #1337277 Report a problem
        5/11/2026Price change$525,000-4.5%$282/sqft
        Source: East Tennessee Realtors #1337277 Report a problem
        4/19/2026Listed for sale$550,000+46.7%$296/sqft
        Source: East Tennessee Realtors #1337277 Report a problem
        6/4/2024Sold$375,000$202/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2832292 Report a problem
        5/6/2024Pending sale$375,000$202/sqft
        Source: East Tennessee Realtors #1261065 Report a problem
        4/29/2024Listed for sale$375,000+66.7%$202/sqft
        Source: East Tennessee Realtors #1261065 Report a problem
        4/19/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/18/2024Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        2/17/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/10/2024Price change$2,200+10%$1/sqft
        Source: Zillow Rentals Report a problem
        1/3/2024Listed for rent$2,000$1/sqft
        Source: Zillow Rentals Report a problem
        11/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/22/2023Listed for rent$2,000+18%$1/sqft
        Source: Zillow Rentals Report a problem
        11/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/17/2023Listed for rent$1,695+9.4%$1/sqft
        Source: Zillow Rentals Report a problem
        11/3/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        10/26/2022Listed for rent$1,550+29.7%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        4/29/2020Listing removed$1,195$1/sqft
        Source: Asset Realty Management, Inc. #1111651 Report a problem
        3/20/2020Listed for rent$1,195$1/sqft
        Source: Asset Realty Management, Inc. #1111651 Report a problem
        3/6/2020Sold$224,900$121/sqft
        Source: East Tennessee Realtors #1096548 Report a problem
        12/16/2019Pending sale$224,900$121/sqft
        Source: Priority Real Estate #1096548 Report a problem
        10/3/2019Price change$224,900+2.3%$121/sqft
        Source: Priority Real Estate #1096548 Report a problem
        8/30/2019Price change$219,900-2.2%$118/sqft
        Source: Priority Real Estate #1081715 Report a problem
        7/13/2019Listed for sale$224,900$121/sqft
        Source: Priority Real Estate #1081715 Report a problem
        5/26/2019Pending sale$224,900$121/sqft
        Source: Priority Real Estate #1081715 Report a problem
        5/25/2019Listed for sale$224,900+324.3%$121/sqft
        Source: Priority Real Estate #1081715 Report a problem
        10/21/2016Sold$53,000$29/sqft
        Source: East Tennessee Realtors #935247 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        2 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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