
Nashville, TN 37216
This Strong Value Opportunity is a turn-key Single Family Residence listed at $415,000, positioned slightly above the $391,081 Fair Market Value. While priced at market, the property features an Excellent Condition Rating with significant recent upgrades, including 2024 Hardie board siding and a 2019 roof. The R6 Zoning on a 0.16-acre lot provides rare, high-upside development potential for a detached second home. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a walkable, move-in ready East Nashville asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1126 Leland Ave Subject 2 bd · 1 ba · 910 sqft · $430 | $415,000* List Price | 2 | 1 | 910 | $430 | - |
A 2903 Glenmeade Dr Sold 2 bd · 1 ba · 856 sqft · $438 · 0.4 mi | $375,000 | 2 | 1 | 856 | $438 | 0.4 mi |
B 1708 Northview Ave Sold 2 bd · 1 ba · 810 sqft · $380 · 0.2 mi | $307,500 | 2 | 1 | 810 | $380 | 0.2 mi |
C 1607 Litton Ave Sold 3 bd · 1 ba · 1,040 sqft · $413 · 0.6 mi | $430,000 | 3 | 1 | 1,040 | $413 | 0.6 mi |
D 3725 Burrus St Sold 3 bd · 2 ba · 1,122 sqft · $468 · 0.8 mi | $525,000 | 3 | 2 | 1,122 | $468 | 0.8 mi |
E 1645 Chase St Active 2 bd · 2 ba · 1,000 sqft · $350 · 0.3 mi | $350,000 List Price | 2 | 2 | 1,000 | $350 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1940, this property has undergone extensive renovations within the 5-15 year window. Key systems and features have been updated, including Hardie board siding (2024), Pella windows (2020), roof (2019), plumbing/crawl space (2018), electrical (2017), and HVAC (2016). The interior images show well-maintained hardwood floors and a clean, functional, turn-key condition.
The home features significant high-ticket improvements including new Hardie board siding (2024), a 2019 roof, and premium Pella windows, ensuring a truly turn-key experience for the buyer.
Zoned R6 on a flat 0.16-acre lot, the property offers the rare opportunity to build a second detached home, providing excellent investment upside or future expansion possibilities.
Situated in a highly desirable East Nashville pocket, the home offers excellent walkability to Gallatin Avenue dining and Riverside Village, placing residents in the heart of a vibrant community.
With only 910 square feet of living space, the compact layout may be restrictive for buyers seeking more room or dedicated home office space.
The 2-bedroom, 1-bathroom layout may limit the property's appeal to modern buyers who typically prioritize at least a second half-bath for convenience.
It's yours! A turn-key East Nashville cottage with all the important updates DONE. This charming 1940 bungalow pairs garden charm with the big-ticket items already handled: Hardie board siding (2024), roof (2019), HVAC (2016), updated electrical (2017) and plumbing (2018), a sealed crawl space with dehumidifier (2018), and Pella double-hung UV-coated windows (2020). Those Pellas are a true upgrade, not builder grade. No projects or surprises; it’s ready for you to move in and enjoy the peaceful scene and walkability. Minutes to Five Points, walkable to Gallatin Ave dining, entertainment, and Riverside Village. See listing attachments for full list of upgrades. R6 ZONING: Love the house as it is? Keep it. Want more down the road? This 45 x 150 lot (0.16 acre) in 37216 offers true TWO HOME potential. Metro Codes has confirmed a full detached second home can be built on the back half, with precedent in the area. Flat, buildable parcel with standard R6 setbacks: room for infill in one of Nashville's strongest neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 910 | 2,045.139 |
| Lot Size | 6,970 | 10,890 |
| Price | $415.0K | $556.0K |
| Price per sq ft | $456 | $305 |
| Built year | 1940 | 1971 |
| HOA | $0 | $133 |
| Days on market | 36 | 70 |
Sep 18, 2026
$415,000
Initial Listing