507 Tipton Ave | Image 1
New
Open House
507 Tipton Ave | Image 2
507 Tipton Ave | Image 3
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$299,900

For Sale

6 hours ago

507 Tipton Ave, Knoxville, TN

House

MLS® 1343560

3 Bed

1 Bath

--

1 Parking

Open House
Sat Jun 6, 2:00-4:00 PM EDTSun Jun 7, 2:00-4:00 PM EDT
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size -
Garage Yes
Taxes $996
Days Active 0
Lot Size 
Approx. Age 1960
MLS® Number 1343560

Property Address: 507 Tipton Ave, Knoxville, TN, 37920-3222

Average square foot calculated using Size range provided by listing agent.

Description

Opportunities like 507 Tipton Ave in South Knoxville don't come along often--a well-maintained three-bedroom home just minutes from the University of Tennessee and downtown Knoxville that offers exceptional flexibility for homeowners, students, and investors alike. Perfect for first-time buyers ready to stop paying rent and start building equity, investors looking to expand their rental portfolio, or University of Tennessee parents seeking a smart housing solution for their student, this property offers endless possibilities. The three-bedroom layout provides an ideal setup for roommates to help offset housing expenses while allowing everyone the privacy of their own bedroom. With its convenient location, functional floor plan, and broad appeal, this adorable South Knoxville home is full of opportunity. Built in 1960, this ranch-style home offers 1, 340 square feet of living space, including the walk-out basement level. Original hardwood floors add warmth and character throughout much of the home, while several important updates provide peace of mind, including replacement windows, an updated electrical panel, and an updated bathroom. The kitchen offers ample cabinet space and comes fully equipped with all appliances conveying to the new owner, making move-in simple and convenient. Natural light fills the living spaces, creating a warm and welcoming atmosphere throughout the home. The walk-out basement expands the home's functionality, providing flexible bonus space that can be used for a entertaining space, home office/quiet study area, workout area, hobby room, or additional living space. You'll also find a dedicated laundry area, abundant storage, and access to the one-car garage. Outside, the spacious backyard offers plenty of room to relax, entertain, garden, or enjoy time with family and friends. The patio creates the perfect setting for grilling and outdoor gatherings, while ample off-street parking provides convenience for multiple vehicles and guests. Nestled in an established South Knoxville neighborhood, this home offers the charm of a quiet residential setting while remaining just minutes from the University of Tennessee campus, downtown Knoxville, Market Square, local restaurants, shopping, entertainment, and the Urban Wilderness trail system. Whether you're searching for your first home, an investment property, or housing for a UT student, 507 Tipton Ave delivers affordability, flexibility, and location in one attractive package.
MLS® Number1343560
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1960
BasementPartially Finished, Walk-Out Access
DrivewayBasement, Assigned, Garage Door Opener, Garage Faces Side
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$299,900List Price

Home Appraisal

This property is estimated to sell between: $282,000 and $309,000.
Similar properties in this area sold on average for: $282,160
Expected to sell in 87 days. Similar properties sold in 87 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
507 Tipton Ave, Knoxville, TN

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