1049 Chicamauga Ave 5, Nashville, TN 37206, Nashville, 37206 - 3 bed, 4 bath
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1049 Chicamauga Ave 5
Nashville, TN 37206
ACTIVE
CONDITION: GOOD
3Beds
4Baths
1,522Sq Ft
871Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$459,830
SUMMARY
This Prime Investment Opportunity is a Move-In Ready Townhouse listed at $449,000—positioned well below the $459,830 Fair Market Value by 2%. This valuation gap offers $10,830 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Private Back Deck, and a versatile Flex Room. While school ratings are modest, the property’s walkability to East Nashville hotspots ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban convenience.
Estimated Market Value
$459,830
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 |
|---|---|---|---|---|---|---|
★ 1049 Chicamauga Ave 5 Subject | $449,000* List Price | 3 | 4 | 1,522 | $302 | - |
A 1035 Chester Ave 5 Active | $549,900 List Price | 3 | 3 | 1,571 | $350 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2013 (13 years old), this property falls into the 10-20 year age bracket. It is well-maintained and move-in ready with recent cosmetic updates including fresh paint and new carpet. The kitchen and bathrooms feature modern finishes like granite countertops, stainless steel appliances, and subway tile, which remain functional and stylish.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of East Nashville, this property offers exceptional walkability to popular destinations like Five Points, The Pharmacy, and Eastland, making it highly attractive for urban dwellers.
- Versatile Living Spaces
The floor plan includes two upper-level suites with vaulted ceilings and a lower-level flex room with a full bathroom, providing ideal space for a home office, fitness studio, or guest accommodations.
- Move-In Ready Condition
This end-unit townhouse features fresh interior paint, new bedroom carpeting, granite countertops, and an attached garage, ensuring a turn-key transition for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Underperforming School District
The property is zoned for schools with low ratings, including a 2/10 for the high school and 3/10 for the middle school, which may be a concern for families or future resale value.
- Limited Outdoor Footprint
With a lot size of only 871 square feet, the property lacks a traditional yard, which may be a drawback for buyers seeking significant private green space or gardening opportunities.
About 1049 Chicamauga Ave 5
Walking distance to all things East Nashville - Five Points, Pharmacy/Lyra, Eastland & more! Enjoy urban living in an updated end-unit townhouse in the heart of East Nashville. Only minutes to Downtown Nashville with easy access to Ellington and Interstates. Close proximity to several local grocery stores. Open concept living/kitchen/dining on main floor. Two suites with vaulted ceilings & walk-in closets are located upstairs. Flex room with full bathroom located on lower level - would make a great home office, workout space, movie room, etc. Granite counters, stainless appliances, hardwoods, covered front porch, private back deck. Fresh paint throughout. New carpet in bedrooms. One-car attached garage. Additional off-street parking. 2 bedrooms + flex space - 3 full bathrooms - 1 half bath - 1 car garage - 1,522 sq ft.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2013
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $270 / Month
Neighborhood Insights
Nashville Unified Schools
Cotton Elementary School
Grades PK-4 • 0.5 mi
5/10
Gra-Mar Middle School
Grades 5-8 • 3.3 mi
3/10
Maplewood Comp High School
Grades 9-12 • 3.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,522 | 1,538.436 |
| Lot Size | 871 | 871 |
| Price | $449.0K | $358.6K |
| Price per sq ft | $295 | $240 |
| Built year | 2013 | 2004 |
| HOA | $270 | $250 |
| Days on market | 27 | 79 |
Pricing History
Listed for Sale
Aug 13, 2026
$449,000
Initial Listing