1129 Sharpe Ave, Nashville, TN 37206, Nashville, 37206 - 6 bed, 6 bath
Loading property details...
Nashville, TN 37206
This Turnkey Historic Residence represents a High-Potential Investment Opportunity, listed at $1,295,000—positioned well below the $1,338,215 Fair Market Value by 3%. This valuation gap offers $43,215 in Instant Equity. Featuring a fully renovated 4,436 sqft main home and a newly constructed ADU, the property maintains an Excellent Condition Rating. With its prime East Nashville location and income-producing potential, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a luxury lifestyle with built-in rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1129 Sharpe Ave Subject | $1,295,000* List Price | 6 | 6 | 4,436 | $302 | - |
A 407 Scott Ave Active | $1,350,000 List Price | 5 | 5 | 4,121 | $328 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1930, the property has undergone a complete top-to-bottom renovation with high-end modern finishes. The kitchen features premium appliances and stone counters, bathrooms are updated with contemporary wet-room designs, and the addition of a newly constructed ADU confirms a recent, comprehensive overhaul that requires no maintenance.
The property includes a newly constructed detached apartment above the garage, offering a turnkey opportunity for rental income, a guest suite, or a private home office in a high-demand rental market.
This 1930s home has been fully restored from top to bottom, seamlessly blending original architectural character with modern luxury finishes and expansive living spaces across 4,436 square feet.
Situated in one of East Nashville's most desirable neighborhoods, the home offers exceptional walkability to Five Points, local boutiques, and award-winning dining, while remaining minutes from downtown.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4436, other record living area = 2996. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is zoned for schools with lower performance ratings, particularly the high school, which may be a consideration for families prioritizing public education metrics.
With a lot size of approximately 0.18 acres and a large building footprint including the main house and detached garage, the remaining private yard space is relatively modest for a luxury-tier property.
Step into one of East Nashville’s rare opportunities to own a fully renovated historic home that not only offers exceptional living space, but also built-in income potential. Thoughtfully restored and updated from top to bottom, this stunning property combines the character and charm buyers love with the modern finishes and functionality they expect. The main residence features 4 bedrooms and 3.5 bathrooms with expansive living spaces, and an abundance of natural light throughout. Original architectural elements blend seamlessly with modern upgrades, creating a home that feels both timeless and move-in ready. What truly sets this property apart is the newly constructed apartment situated above the oversized two-car garage. Complete with 1 bedroom, 1 bathroom, a private entrance, and its own balcony. This versatile space is ideal for generating rental income, accommodating guests, creating a home office, or supporting multigenerational living. Relax on the inviting front porch, entertain in the private backyard, and enjoy the convenience of dedicated alley-access parking with concrete driveway for extra parking. Located just minutes from Five Points, downtown Nashville, award-winning restaurants, local coffee shops, nightlife, and boutique shopping - you’ll be in the center of everything that makes East Nashville one of the city’s most desirable places to live. Whether you’re searching for a primary residence, an investment opportunity, or the perfect combination of both, this property delivers a rare blend of location, flexibility, historic charm, and income-producing potential.
No exterior & parking available.
Grades PK-4 • 1.4 mi
Grades PK-4 • 1.5 mi
Grades 5-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 4,436 | 1,856 | 98% |
| Lot Size | 7,841 | 8,276 | 49% |
| Price | $1.29M | $555.0K | 91% |
| Price per sq ft | $292 | $346 | 35% |
| Built year | 1930 | 1938 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 773 | 1% |
Jun 2, 2026
$1,295,000
Initial Listing
Jan 15, 1997
$50,000
Public Record