
Nashville, TN 37209
This Dual-Income Residential Asset is listed at $685,000, offering a stable acquisition price aligned with its $683,055 Fair Market Value. Boasting a comprehensive 2020 renovation and a Condition Rating of 3, the home features a 3BR/2BA main level and a separate 2BR/1BA ADU. Key lifestyle and financial perks include quartz countertops, a large partially covered deck, and a rare assumable VA loan below 3%. This property is an exceptional find for House-Hacking Owner-Occupants or Buy-and-Hold Investors seeking immediate cash flow in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 College Ave Subject | $685,000* List Price | 5 | 3 | 3,073 | $222 | - |
A 931 30th Ave N Active | $630,000 List Price | 3 | 3 | 2,369 | $266 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was fully renovated in 2020 (6 years prior to the 2026 listing date), which falls into the 5-15 year renovation category. It features a modern kitchen with quartz countertops, updated bathrooms with contemporary tile work, and updated systems, making it well-maintained and move-in ready.
The property features a main 3BR/2BA unit and a separate 2BR/1BA ADU, offering significant rental income or house-hacking opportunities in a high-demand Nashville market.
The availability of an assumable VA loan with an interest rate below 3% provides a rare and highly cost-effective financing advantage for qualified buyers in the current rate environment.
Fully updated in 2020 with modern finishes, quartz countertops, and updated systems, the home offers contemporary aesthetics and reduced immediate capital expenditure for the buyer.
Despite the extensive 2020 renovation, the 1949 original construction may still present underlying maintenance considerations typical of older structural foundations and footprints.
The main level is currently leased, which may restrict immediate full-property occupancy for buyers seeking a primary residence without existing tenant obligations.
Located in Nashville’s 37209 zip code, this fully renovated property offers a rare combination of space, flexibility, and income potential. With approximately 3,073 finished square feet on a 0.25-acre lot, the home was completely renovated in 2020 with updated systems, modern finishes, and a functional layout designed for a variety of living arrangements. The main level (3BR/2BA) is currently rented at $2,900/month, providing immediate income, while the upper level ADU/guest house (2BR/1BA), with its own separate entrance, is vacant and previously rented for $2,300/month. Interior features include a modern kitchen with quartz countertops and stainless steel appliances, updated flooring, and recessed lighting throughout. The spacious lot (approx. 10,890 sq ft) includes a fully fenced backyard and a large, partially covered deck, ideal for outdoor use. Conveniently located near The Nations, Tennessee State University, and downtown Nashville, this property presents a versatile opportunity for buyers seeking a primary residence with rental income or a full investment property. An assumable VA loan may be available for qualified buyers at an interest rate below 3%, offering an attractive financing option. For inquires/showings please contact Kelly at 502-472-7184.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 3,073 | 1,650 | 87% |
| Lot Size | 10,890 | 7,405 | 79% |
| Price | $685.0K | $525.0K | 67% |
| Price per sq ft | $223 | $342 | 28% |
| Built year | 1949 | 1960 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 690 | 0% |
Apr 16, 2026
$685,000
Initial Listing