1422 Tipton Station Rd, Knoxville, TN, 37920
About This Home
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!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Vinyl Siding,Frame,Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Features
- Flooring: Hardwood,Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,859
- Total interior livable area: 1,859 sqft
Property
Details
- Parcel number: 137 069
Lot
- Lot size dimensions: 0
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Earthquake
- Landslide
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance | $208 | $2,496 |
| Property Taxes | $628 | $7,536 |
| Electricity | $175 | $2,103 |
| Total | $3,538 | $42,456 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $525,000 |
| 2026-04-19 | Listed for sale | $550,000 |
| 2024-06-04 | Sold | $375,000 |
| 2024-05-06 | Pending sale | $375,000 |
| 2024-04-29 | Listed for sale | $375,000 |
| 2024-04-19 | Listing removed | -- |
| 2024-03-18 | Listed for rent | $2,200 |
| 2024-02-17 | Listing removed | -- |
| 2024-01-10 | Price change | $2,200 |
| 2024-01-03 | Listed for rent | $2,000 |
| 2023-11-30 | Listing removed | -- |
| 2023-11-22 | Listed for rent | $2,000 |
| 2023-11-20 | Listing removed | -- |
| 2023-11-17 | Listed for rent | $1,695 |
| 2022-11-03 | Listing removed | -- |
| 2022-10-26 | Listed for rent | $1,550 |
| 2020-04-29 | Listing removed | $1,195 |
| 2020-03-20 | Listed for rent | $1,195 |
| 2020-03-06 | Sold | $224,900 |
| 2019-12-16 | Pending sale | $224,900 |
| 2019-10-03 | Price change | $224,900 |
| 2019-08-30 | Price change | $219,900 |
| 2019-07-13 | Listed for sale | $224,900 |
| 2019-05-26 | Pending sale | $224,900 |
| 2019-05-25 | Listed for sale | $224,900 |
| 2016-10-24 | Listing removed | $69,900 |
| 2016-10-21 | Sold | $53,000 |
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