
Nashville, TN 37206
This Income-Producing Hybrid Property is a Strong Value Opportunity, listed at $625,000—positioned well below the $654,832 Fair Market Value by 4%. This valuation gap offers $29,832 in Instant Equity. Featuring a Condition Rating of 2 with a renovated primary suite and an attached income-generating studio, the home offers immediate utility. Its proximity to the upcoming Gallatin redevelopment enhances long-term appreciation potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1119 Chester Ave Subject | $625,000* List Price | 3 | 3 | 2,288 | $286 | - |
A 2107 Creighton Ave Sold | $689,900 | 3 | 3 | 2,182 | $316 | 0.8 mi |
B 2107 Creighton Ave Sold | $689,900 | 3 | 3 | 2,182 | $316 | 0.8 mi |
C 1117B Chester Ave B Active | $549,999 List Price | 3 | 3 | 2,147 | $256 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1925, the property has undergone a comprehensive and thoughtful renovation within the last 5 years. The kitchen features modern cabinetry, butcher block island, and stainless steel appliances, while the primary suite and studio kitchenette show high-end, contemporary finishes. The exterior and systems appear well-maintained and move-in ready with no immediate maintenance required.
The property includes an attached studio with a private kitchenette and full bath, currently operating as a successful Airbnb, providing immediate rental income or versatile guest space.
Built in 1925, the home retains its original character while featuring thoughtful modern renovations, most notably a bright, airy, and high-end primary suite.
Located in a walkable East Nashville neighborhood, the property is positioned near a major upcoming mixed-use redevelopment on Gallatin, signaling strong potential for future appreciation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 13939.
With a lot size of only 2,178 square feet for a 2,288 square foot home, there is very little yard space, which may deter buyers looking for privacy or room for pets and gardening.
The property is listed as a Stock Cooperative, a less common ownership type in this market that can often lead to more restrictive financing options and a smaller pool of eligible buyers.
Some homes tell a story from the moment you walk in. Built in 1925 and thoughtfully renovated, 1119 Chester Ave is exactly that kind of home, one where the original character has been honored and the modern updates actually make sense. The main residence is a 2-bedroom, 2-bathroom home with the kind of light and proportion that only century-old construction delivers. The renovated primary suite is the crown jewel here, bright, airy, and finished with care. This is the room you'll want to spend your Saturday mornings in. Then there's the studio. Attached to the main home and complete with its own kitchenette and full bath, it has been successfully operated as an Airbnb by the current owners. Keep it as a revenue-producing unit, use it for a family member or guest, or reintegrate it into the main home with minimal effort. The flexibility here is genuine, and most East Nashville homes at this price point simply don't offer it. At 2,288 square feet total, the layout gives everyone room to breathe. Outside, you're a short walk from everything that makes this neighborhood worth buying into: the restaurants, the coffee shops, the tree-lined streets, and the community. And then there's what's coming. The former Nashville Auto Diesel College campus on Gallatin is actively being redeveloped by Southern Land Company into a mixed-use neighborhood with hundreds of homes, retail, restaurants, and greenspace. Proximity to that kind of investment is the kind of thing you'll be very glad you got ahead of. 1925 bones. A renovated suite, an income-producing studio, a brand new roof and a neighborhood you want to be in. We'd love to show you around.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 1.0 mi
Grades PK-4 • 1.3 mi
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 | 2,288 | 2,262 | 55% |
| Lot Size | 2,178 | 1,089 | 75% |
| Price | $625.0K | $704.8K | 40% |
| Price per sq ft | $273 | $340 | 15% |
| Built year | 1925 | 2020 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 236 | 5% |
Apr 28, 2026
$625,000
Initial Listing
Apr 15, 1997
$30,000
Public Record