1114 Sharpe Ave, Nashville, TN 37206, Nashville, 37206 - 0 bed, 0 bath
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Nashville, TN 37206
This historical duplex represents a High-Potential Investment Opportunity, listed at a List Price of $680,000—positioned well above the $609,876 Fair Market Value by -11%. Featuring a Fair Condition Rating, the property requires cosmetic repairs to the kitchen and exterior masonry. With over 2,000 sqft and a private patio, this asset offers significant value-add potential in the prime 37206 zip code. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a house-hacking strategy in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1114 Sharpe Ave Subject | $680,000* List Price | 0 | 0 | 2,097 | $291 | - |
A 911 Chicamauga Ave Active | $550,000 List Price | 0 | 0 | 1,792 | $307 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1932, this historical duplex has received mid-range updates including granite countertops and stainless steel appliances likely 10-15 years ago. However, it is rated 'Fair' due to visible deferred maintenance and unfinished work, specifically the unpainted drywall patching in the kitchen and significant cracking in the exterior masonry retaining wall. While functional, it requires minor repairs and cosmetic finishing to meet modern 'Good' standards.
Situated in the highly desirable 37206 zip code, this property offers excellent proximity to public transit, local dining, and retail, ensuring high tenant demand and long-term appreciation.
As a historical duplex with over 2,000 square feet of updated living space, this property provides a turnkey opportunity for immediate rental income or a house-hacking strategy.
The absence of an association fee reduces monthly overhead costs, maximizing the net operating income and financial flexibility for the owner.
The property is zoned for schools with lower ratings, such as Stratford Comp High School (rated 2), which may limit the pool of long-term family tenants.
Originally built in 1932, the property may carry inherent risks associated with older infrastructure that could require more frequent or specialized maintenance compared to newer builds.
Historical duplex, has been updated, close to bus lines and stores/restaurants.
No exterior & parking available.
Grades PK-4 • 1.4 mi
Grades PK-4 • 1.5 mi
Grades 5-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,097 | - |
| Lot Size | - | - |
| Price | $680.0K | $567.9K |
| Price per sq ft | $324 | $237 |
| Built year | 1932 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 1239 |
Jun 24, 2026
$680,000
Initial Listing
Nov 4, 1997
$82,500
Public Record
May 13, 1997
$47,500
Public Record