1117B Chester Ave B, Nashville, TN 37206, Nashville, 37206 - 3 bed, 3 bath
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Nashville, TN 37206
This Modern Luxury Townhome represents a High-Potential Investment Opportunity, listed at $549,999—positioned well below the $632,121 Fair Market Value by 12%. This valuation gap provides $82,122 in Instant Equity. Featuring a Condition Rating of 2, this 2025 construction offers a first-floor lockout suite for house hacking, high-end quartz finishes, and a third-floor deck with treetop views. Zoned for Lockeland Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-generating asset in East Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1117B Chester Ave B Subject | $549,999* List Price | 3 | 3 | 2,147 | $294 | - |
A 2107 Creighton Ave Sold | $689,900 | 3 | 3 | 2,182 | $316 | 0.8 mi |
B 2107 Creighton Ave Sold | $689,900 | 3 | 3 | 2,111 | $327 | 0.8 mi |
C 2107 Creighton Ave Sold | $689,900 | 3 | 3 | 2,182 | $316 | 0.8 mi |
D 1119 Chester Ave Active | $625,000 List Price | 3 | 3 | 2,288 | $273 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction featuring high-end modern finishes, a designer kitchen with quartz countertops, and spa-inspired bathrooms with LED mirrors. All systems are new and the property is in mint, move-in-ready condition.
The first-floor lockout suite with a private entrance and dedicated wet hookups offers a rare 'house hacking' opportunity for short-term rentals or passive income in a high-demand Nashville market.
Situated in a highly walkable East Nashville pocket, the property is zoned for the prestigious Lockeland Elementary and is steps away from upcoming mixed-use developments, ensuring strong future appreciation.
This 2025 new construction features high-end architectural details including vaulted third-floor ceilings, a waterfall quartz island, and a spa-inspired primary bath with a skylight and LED mirrors.
Listed as a Stock Cooperative rather than fee simple or traditional condo, which may complicate financing options and require specialized lenders or higher down payments.
With a lot size of only 871 square feet, the property offers very limited private outdoor space and high density, which may deter buyers seeking a traditional yard or greater privacy.
Tucked away in the heart of East Nashville,this modern luxury townhome is ideally located off Gallatin Avenue in one of the cities most walkable and high demand neighborhoods.This Nashville home for sale offers a rare and flexible layout, perfect for homeowners, investors, and Airbnb host seeking short-term rental (STR) income potential.A standout feature is the first-floor lockout suite with private entrance, a full bath and washer/dryer hook ups.This space is ideal for generating passive income through Airbnb or long-term rental, or for use as a private in-law suite or guest quarters a true house hacking opportunity in Nashville real estate!This home is also conveniently located minutes from Eastland Park, Shelby Park, Five Points, Downtown Nashville, and Nashville International Airport (BNA), making it ideal for both primary residence, buyers and investment property seekers.Zone for the highly sought after Lockeland Elementary School, this home is especially attractive for buyers searching for homes in top-rated school zones in Nashville.Additionally, a new mixed-use development on Gallatin Avenue is underway just steps away, adding future value with upcoming retail, dining, grocery, and lifestyle amenities.Inside the home showcases, high-end finishes and custom, modern design, including oversized and trapezoid windows that flood the space with natural light, soaring vaulted ceilings in the third floor primary sweet, and a spa inspired bathroom with a skylight and LED anti-fog mirror.The open-concept floor plan features a designer kitchen with quartz countertops, stainless steel appliances, two-tone cabinetry and large waterfall island with bar seating perfect for entertaining and everyday living. Matte black or gold fixtures, vessel sinks, spa-like tile finishes, creating a luxury living experience.A private ground-level patio & covered third-floor deck with treetop and sunset views, is ideal for relaxing or hosting guest.1% interest rate buy-down&freeappraisal
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,147 | 2,204.5 | 40% |
| Lot Size | 871 | 871 | 50% |
| Price | $550.0K | $704.8K | 25% |
| Price per sq ft | $256 | $340 | 15% |
| Built year | 2025 | 2021 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 236 | 5% |
May 15, 2026
$549,999
Initial Listing