1005 Matthews Ave, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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1005 Matthews Ave
Nashville, TN 37216
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
828Sq Ft
7,841Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$445,674
11% AboveMARKET VALUE
SUMMARY
This Inglewood cottage represents a Strong Value Opportunity, listed at $495,000—positioned above the $445,675 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2 with modern renovations and a high-utility 7,841 sqft lot. The inclusion of a detached DADU studio provides a distinct income-generation play, allowing for effective mortgage subsidization. This property balances historic charm with modern functionality, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand Nashville neighborhood.
Estimated Market Value
$445,674
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Matthews Ave Subject | $495,000* List Price | 2 | 1 | 828 | $538 | - |
A 1140 Ardee Ave Sold | $430,000 | 2 | 1 | 1,000 | $430 | 0.4 mi |
B 1007 Broadmoor Dr Sold | $418,000 | 2 | 1 | 981 | $426 | 0.5 mi |
C 1332 Cardinal Ave Sold | $465,000 | 3 | 2 | 1,111 | $419 | 0.9 mi |
D 3725 Burrus St Sold | $525,000 | 3 | 2 | 1,122 | $468 | 0.7 mi |
E 1131 McAlpine Ave Sold | $465,000 | 2 | 2 | 1,080 | $431 | 0.4 mi |
F 1131 McAlpine Ave Sold | $465,000 | 2 | 2 | 1,080 | $431 | 0.4 mi |
G 1063 Horseshoe Drive Active | $389,000 List Price | 2 | 1 | 900 | $432 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1948, the property features a high-quality, modern renovation (likely <5 years) including a kitchen with stainless steel appliances and shaker cabinets, an updated bathroom with contemporary hex and subway tile, and pristine original hardwoods throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 828.
- Income Generation Potential
The inclusion of a detached DADU (Detached Accessory Dwelling Unit) studio and garage provides a significant opportunity for house-hacking or rental income to offset mortgage payments.
- Historic Charm with Modern Updates
This 1940s cottage preserves its original character through hardwood floors and architectural archways while offering the convenience of a recently updated kitchen and bathroom.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 828 square feet for a two-bedroom layout, the main residence may feel cramped for buyers requiring more living space or storage.
- Single Bathroom Constraint
The main house features only one bathroom, which can be a significant drawback for multi-occupant households or those who frequently host guests.
About 1005 Matthews Ave
House-hackers, this one's for you. This adorable 1940's cottage in Inglewood has original hardwoods and archways and an updated kitchen and bath, paired with a real income play: a detached DADU studio + garage out back. Live in the front, rent the back, let your tenant help with the mortgage. Great backyard, even better neighbors — and quite possibly the cutest cottage you ever did see.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 828 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $495.0K | $568.3K |
| Price per sq ft | $598 | $307 |
| Built year | 1948 | 1971 |
| HOA | $0 | $137 |
| Days on market | 16 | 69 |
Pricing History
Listed for Sale
Aug 24, 2026
$495,000
Initial Listing
Sold
Apr 22, 1994
$41,740
Public Record