507 Tipton Ave, Knoxville, TN 37920

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.nnBuilt 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.nnThe 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.nnThe walk-out basement expands the home's functionality, providing flexible bonus space that ca