1106 Pennock Ave, Nashville, TN 37207, Nashville, 37207 - 4 bed, 3 bath
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1106 Pennock Ave
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,121Sq Ft
7,405Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$809,642
4% BelowMARKET VALUE
SUMMARY
This Turnkey Craftsman Bungalow represents a High-Potential Investment Opportunity, listed at $775,000—positioned well below the $809,643 Fair Market Value by 4%. This valuation gap provides $34,643 in Instant Equity. Featuring a Mint Condition Rating, the property includes a Detached Accessory Dwelling Unit (DADU) and a Brand New Covered Deck. Its prime location near the Oracle Headquarters makes it an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in a high-growth urban corridor.
Estimated Market Value
$809,642+$34,642 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1106 Pennock Ave Subject 4 bd · 3 ba · 2,121 sqft · $382 | $775,000* List Price | 4 | 3 | 2,121 | $382 | - |
A 920 N 5th St Sold 4 bd · 3 ba · 2,129 sqft · $463 · 0.3 mi | $985,000 | 4 | 3 | 2,129 | $463 | 0.3 mi |
B 1111 Pennock Ave Sold 3 bd · 2 ba · 1,755 sqft · $442 · 0.0 mi | $775,000 | 3 | 2 | 1,755 | $442 | 0.0 mi |
C 1003 N 5th St Sold 3 bd · 2 ba · 1,666 sqft · $420 · 0.3 mi | $700,000 | 3 | 2 | 1,666 | $420 | 0.3 mi |
D 810 N 5th St Sold 3 bd · 2 ba · 2,146 sqft · $384 · 0.4 mi | $825,000 | 3 | 2 | 2,146 | $384 | 0.4 mi |
E 830 Stockell St Sold 3 bd · 2 ba · 1,671 sqft · $371 · 0.4 mi | $620,000 | 3 | 2 | 1,671 | $371 | 0.4 mi |
F 1127 N 2nd St Active 4 bd · 3 ba · 2,540 sqft · $360 · 0.2 mi | $915,000 List Price | 4 | 3 | 2,540 | $360 | 0.2 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.
Although originally built in 1930, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern open floor plan, a completely remodeled kitchen with stainless steel appliances, and updated bathrooms with contemporary tile work. The addition of a brand new covered deck, new turf, and a fully renovated detached accessory dwelling unit (DADU) places this home in mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Detached Accessory Dwelling Unit (DADU)
The property includes a 631 SqFt detached unit featuring a full kitchen, bathroom, and oversized garage, providing excellent potential for rental income, multi-generational living, or a private home office.
- Modernized Historic Charm
This 1930s craftsman bungalow has been thoughtfully renovated with an open floor plan, a chef’s kitchen, and high-end outdoor upgrades including a brand-new covered deck with PEC decking and synthetic turf.
- Prime Urban Location
Situated in the heart of Cleveland Park, the home offers exceptional proximity to East Nashville’s premier dining scene and is just two miles from downtown Nashville and the upcoming Oracle Headquarters.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools currently hold low ratings, which may be a significant drawback for families prioritizing the local public education system.
- Market Pricing History
The 'New Price' designation suggests the property may have faced initial challenges with market absorption, potentially indicating a previous misalignment between the list price and buyer expectations.
About 1106 Pennock Ave
NEW PRICE! This property features a 2121 SqFt Main House + 631 SqFt in detached apartment. Step into this beautifully renovated craftsman bungalow in the heart of Cleveland Park and be greeted by an open floor plan and a stunning remodeled kitchen. BRAND NEW covered deck with pec decking boards as well as BRAND NEW turf. This 4 bedroom, 3 full bathroom home offers a perfect blend of modern comfort and classic charm. The primary suite, located upstairs, features a separate office or nursery and a private balcony. The spacious backyard includes a deck ideal for entertaining. Additionally, the property features a detached accessory dwelling unit with a 1 car oversized garage and a separate conditioned space, perfect for a workshop or home office. The DADU includes new kitchen cabinets, stainless steel appliances, a full bathroom, and a washer and dryer. Conveniently located near popular Eastside hotspots like Redheaded Stranger, Audrey, Folk, and so much more. Just 2 miles to downtown, River North Development, Oracle Headquarters
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glenn Elementary Enhance Option School
Grades PK-4 • 0.3 mi
0/10
Shwab Elementary School
Grades PK-4 • 0.7 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 2.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,121 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $775.0K | $556.0K |
| Price per sq ft | $365 | $305 |
| Built year | 1930 | 1971 |
| HOA | $0 | $133 |
| Days on market | 2 | 70 |
Pricing History
Listed for Sale
Oct 22, 2026
$775,000
Initial Listing