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Contingent 77 days on market

509 Taylor Rd

Knoxville, TN 37920 · Sherwood Forest · Knox County

$378,000

$8,000 price cut · Oct 17

Beds
4
Baths
2
Sq ft
1,994
Acres
0.62
Built
1950

Listing courtesy of Intempus Parent Co, Inc. · MLS #1339329

Description

Two living spaces in one beautifully updated move-in ready home! This unique property features a walkout basement with a private entrance facing the driveway, offering a cool, modern living space, while the upper level showcases a charming French cottage style with its own main entrance. Both levels are connected through an interior staircase and have doors that can be locked off from one another.

Renovated in 2022, the home includes major upgrades such as new footer drains, professional landscaping and hardscaping, a retaining wall, and a large asphalt driveway. Both levels feature thoughtfully designed kitchens with tile backsplashes, while the main kitchen includes granite countertops. The primary bathroom has been fully updated with tiled walls and a glass shower door.

Additional upgrades include refinished oak hardwood floors on the main level, luxury vinyl flooring in the basement, vinyl windows, and premium custom 2.5' vinyl blinds throughout. Each floor is equipped with its own electric HVAC system for optimal comfort.

An unfinished basement area, accessible from both levels, provides a dedicated laundry space and ample storage. The home also offers abundant closet space, a large, detached shed on a concrete slab, and a 50-amp RV/EV hookup conveniently located by the driveway.

Previously operating as a mid-term rental generating $3700 per month (including utilities, furnishings, and internet). This property presents a fantastic opportunity for investors at a 7% cap rate or for owner-occupants--live on one level and rent the other, rent both spaces, or occupy it as a single-family residence.

Notes: Home was previously owner-occupied for two years prior to rental use. Pictures were taken when home was fully furnished. Home is vacant and move-in ready.

Details

Home

Type
Residential · Single Family Residence
Style
Basement Ranch
Year built
1950
Living area
1,994 sq ft
Bedrooms
4
Bathrooms
2 full
Basement
Partially Finished, Plumbed
Parking
Off Street, RV Access/Parking

Interior

Rooms
Addl Living Quarter, Bedroom Main Level, Laundry/Utility, Extra Storage, Mstr Bdrm Main Level
Flooring
Hardwood, Luxury Vinyl Plank
Appliances
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
Eat-in Kitchen, Pantry
Also
Washer/Dryer Connect, Pantry, Internet Available, Wired for Internet

Exterior

Construction
Brick, Frame, Vinyl Siding, Stucco
Architecture
Cottage
Other structures
Storage

Land

Lot size
0.62 acres
Lot
Rolling Slope, Irregular Lot
Deed restrictions
None
Permitted use
Permanent residence

Utilities

Water
Public
Sewer
Public sewer
Heating
Heat Pump, Zoned, Electric

Listing

MLS #
1339329
Status
Contingent
On market
77 days
Listed
Aug 12, 2026
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues
Price per sq ft
$190
1,994 sq ft

Price history

Oct 17, 2026
Price cut
$378,000 −$8,000
Before
Listed
$386,000

Accepted

  • Cash
  • VA Loan
  • Conventional
  • FHA
  • New Loan

Instant pre-approval

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Location
Neighborhood
Sherwood Forest
County
Knox
ZIP
37920

Drive times

  • downtown Knoxville 15 min
  • UT Medical Center 15 min
  • McGhee Tyson Airport 25 min
  • Maryville 30 min
  • Pellissippi State 30 min
  • Turkey Creek 30 min
Approximate, by road

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Listing courtesy of Intempus Parent Co, Inc.. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1339329.