420 Hialeah Drive: A Corner-Lot Basement Ranch in South Knoxville for $315,000

Need a big yard, a basement with room for a workshop, and a quick drive to downtown? 420 Hialeah Drive in South Knoxville checks all three for $315,000. This 1958 basement ranch sits on a 0.77-acre corner lot just off Martin Mill Pike, inside Knoxville city limits.

Chase Drews of MaX House has the listing. Here's our straight take on the house, the lot, what it costs to own, and who should go see it first.

Here's what we'll cover:

420 Hialeah Drive at a Glance

$315,000

3 beds | 2 baths | 1,423 sq ft

420 Hialeah Dr, Knoxville, TN 37920

MLS# 1358342

Listing courtesy of LPT Realty, LLC

See This Home

• Price: $315,000 (list price unchanged since it went live 10/9/2026)
• Beds and baths: 3 bedrooms, 2 full baths
• Size: 1,423 square feet per tax records (1,215 on the main level, 208 finished below), about $221 per square foot
• Lot: 0.77 acres, corner lot with a rolling slope
• Built: 1958, basement ranch
• Garage: attached two-car garage at the basement level
• Systems: electric heat pump with central air, public water and public sewer
• HOA: none

From the side, the basement garage and the slope of the lot come into view.

Three-Quarters of an Acre on a Corner

At 0.77 acres, this lot gives you room for a garden, a play area, a dog run or a fire pit, with trees around the edges. The aerial photo shows the lot lines, and they go well past the footprint of the house.

A rolling slope means the yard isn't flat everywhere, so walk the whole property at your showing and picture where things would go. If land matters more to you than square footage, our guide to buying a home with acreage covers what to look for.

The lot lines from above: plenty of green around the house.

Out back, a wide wood deck runs along the house, and there's a patio too. It's a good spot for a grill and a few chairs on a summer evening.

The back deck stretches along the house under the trees.

See Knoxville Homes for Sale

Inside the Main Level

The front door opens into the living room, where a brick wood-burning fireplace anchors the space and big windows pull in light from the yard. Floors on this level are laminate and vinyl, and ceiling fans help in the bedrooms and living areas.

The living room and its brick, wood-burning fireplace.

The eat-in kitchen has wood cabinets and a full set of appliances: range, microwave, dishwasher, disposal and refrigerator. A washer and dryer are included too. The dining area sits right off the kitchen with windows on two sides.

The eat-in kitchen comes with its appliances.

All three bedrooms and both full baths sit on the main level, so day-to-day living happens on one floor. Shopping for one-level living? Browse more ranch homes for sale in Knoxville.

One of the three main-level bedrooms.

Downstairs: Basement, Garage and Laundry

Below the main floor, the basement is partly finished and already plumbed. The laundry sits down here, along with 208 finished square feet, plus open space with shelving and a workbench. That's a ready-made spot for a workshop, a home gym or storage for every holiday bin you own.

The two-car garage is built into the basement level, so you can park and carry groceries in without stepping into the rain. If a basement is on your must-have list, here are more Knoxville homes with a basement.

Open basement space with a workbench, ready for your plans.

South Knoxville Location and Drive Times

South Knoxville sits just across the Tennessee River from downtown, and Hialeah Drive is a short hop from Chapman Highway. The listing directions say it plainly: cross the Henley Street Bridge heading south on Chapman Highway, turn right on Martin Mill Pike, then left on Hialeah, and it's the first home on the right.

The area is known for green space. Fort Dickerson Park, a Civil War earthwork site with trails, is a few minutes away, and Ijams Nature Center is a short drive east. For a wider look at the city, read our guide to Knoxville neighborhoods.

Approximate drive times (light traffic; rush hour runs longer):

• Fort Dickerson Park: 5 to 10 minutes
• Market Square and downtown Knoxville: 5 to 15 minutes
• University of Tennessee campus: 5 to 15 minutes
• UT Medical Center: 10 to 15 minutes
• Ijams Nature Center: 10 to 15 minutes
• West Town Mall: 15 to 25 minutes
• McGhee Tyson Airport: 25 to 35 minutes
• Pigeon Forge: 45 to 60 minutes

Schools: School fields weren't filled in on this listing, so check the address with Knox County Schools before you buy. Zones can change from year to year.

New to the area? The Greater Knoxville relocation guide and our post on things to know before moving to Knoxville will get you up to speed fast.

Taxes, Terms and the As-Is Sale

Taxes: Because the home is inside city limits, the owner pays both City of Knoxville and Knox County property tax. The tax record in the listing shows $965.71 city plus $696.19 county, for a total of $1,661.90 a year. Your bill can change after a sale or a reappraisal, so confirm with the county before you budget.

Financing: The seller will look at cash, conventional and FHA offers. FHA can work well for a first purchase, and our first-time home buyer guide walks through the steps.

As-is: The home is being sold as-is, so the seller isn't planning repairs. You can still get a full inspection and make smart choices with what you learn. Our post on what "as-is" means when you buy a home explains how it works in Tennessee.

Rental history and furniture: The seller says the home has rented for many years with little to no vacancy, and it can be bought fully furnished. We can't promise future rent, so run your own numbers before you count on it. Start with the mortgage calculator and the affordability calculator.

What's My Home Worth?

Who Should See This Home

• First-time buyers who want a yard and a garage under $350,000
• Anyone who works downtown, at UT or at UT Medical Center and wants a short drive
• Investors looking at a home with a rental track record (do your own math)
• Gardeners, hobbyists and DIYers who want land and a basement workshop
• Buyers who want one-level living with extra space below

Still deciding between renting and buying? Our renting vs. buying breakdown for East Tennessee lays out the tradeoffs.

Own a Home Already?

Plenty of buyers for a house like this have one to sell first. If y'all are in that spot, start with a free home value estimate and our seller guide, and we'll help you plan both moves.

Talk to MaX House

Ready to see it in person? Tap See This Home above for all 27 photos, then reach out and we'll set up a showing that fits your schedule.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

MaX House, brokered by LPT Realty.

Cover photo: Fort Dickerson in South Knoxville by Brian Stansberry, CC BY 3.0, via Wikimedia Commons. Home photos courtesy of the listing.