
Nashville, TN 37207
This turnkey duplex represents a High-Potential Investment Opportunity, listed at $489,000—positioned well below the $579,042 Fair Market Value by 15%. This valuation gap provides $90,042 in Instant Equity. Featuring a Condition Rating of 3, the property includes separate electric meters and a flexible layout, making it an ideal asset for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies. Located near major economic drivers like the Oracle campus, this property offers immediate rental income potential in a rapidly appreciating East Nashville neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 N 6th St Subject | $489,000* List Price | 0 | 0 | 1,554 | $373 | - |
A 335 Grace St Sold | $450,000 | 0 | 0 | 1,296 | $347 | 0.7 mi |
B 1508 Jones Ave Active | $559,900 List Price | 0 | 0 | 1,404 | $399 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1940, the property has been recently updated with fresh paint and new flooring, making it move-in ready. The kitchen and bathrooms are functional and well-maintained, though they feature dated oak cabinetry and older tile styles consistent with a 5-15 year old renovation. Systems appear functional with separate electric meters.
This turnkey duplex features separate electric meters and a flexible layout, making it an ideal candidate for house hacking or generating dual rental income streams immediately.
Situated in the rapidly developing Cleveland Park area, the property is minutes away from major economic drivers like the Oracle campus and the new Titans stadium, ensuring strong long-term appreciation.
Freshly updated with recent paint and a vacant status, this property offers a rare 'under $500K' entry point into East Nashville without the need for immediate capital expenditures.
Originally built in 1940, the property may require ongoing maintenance or future updates to aging structural systems common in homes of this era, despite recent cosmetic refreshes.
The assigned middle and high schools currently hold low performance ratings, which may limit the appeal for families and impact the property's competitive edge in the broader resale market.
Freshly updated duplex in the heart of Cleveland Park! This turnkey property offers a flexible layout with 2 bedrooms and 2 bathrooms on the main floor, plus a separate upstairs 1-bedroom, 1-bath apartment with two electric meters, making it ideal for investors, owner-occupants, or house hackers. Enjoy an unbeatable East Nashville location just minutes from Oracle’s $4.5 billion campus and the new $2.1 billion Titans stadium. Recently painted, vacant, and move-in ready, this property is a rare opportunity to own a versatile investment in one of Nashville’s hottest neighborhoods — all under $500K!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,554 | 1,625 | 50% |
| Lot Size | - | - | 50% |
| Price | $489.0K | $411.0K | 75% |
| Price per sq ft | $315 | $261 | 50% |
| Built year | 1940 | 1982 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 279 | 25% |
May 18, 2026
$489,000
Initial Listing