1223 Phillips St, Nashville, TN 37208, Nashville, 37208 - 2 bed, 2 bath
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1223 Phillips St
Nashville, TN 37208
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,128Sq Ft
4,356Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$420,606
14% AboveMARKET VALUE
SUMMARY
This LEED-certified Single Family Residence is a High-Potential Investment Opportunity, listed at $509,000—positioned well above the $410,671 Fair Market Value by -23%. While priced above market, the property offers a Good Condition Rating with high-end industrial finishes, stained concrete floors, and a private fenced backyard. Its prime location near Germantown and downtown Nashville ensures strong long-term demand. This unique, energy-efficient home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sustainable, move-in ready urban lifestyle.
Estimated Market Value
$420,606
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1223 Phillips St Subject | $480,000* List Price | 2 | 2 | 1,128 | $373 | - |
A 914 Warren St Sold | $480,500 | 3 | 3 | 1,312 | $366 | 0.3 mi |
B 1000 11th Ave N Active | $495,000 List Price | 3 | 2 | 1,192 | $415 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2009, this 15-year-old property falls within the 10-20 year age bracket for 'Good' condition. The interior is well-maintained and move-in ready, featuring a modern industrial kitchen with stainless steel appliances and updated cabinetry. Bathrooms appear functional and clean with contemporary tiling. As a LEED-certified home with exposed ductwork and stained concrete floors, the systems and finishes are high-quality and require no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated minutes from Germantown, Downtown Nashville, and the Buchanan Arts District, this property offers exceptional access to the city's premier dining, entertainment, and cultural hubs.
- LEED-Certified Efficiency
This energy-efficient, LEED-certified home features modern industrial design elements like stained concrete floors and soaring ceilings, offering sustainability alongside a unique, high-end aesthetic.
- Functional Outdoor Living
The property includes a fully fenced backyard and flexible alley-access parking, providing rare private outdoor space and convenience in a dense urban setting.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Configuration
With only 1.5 bathrooms, the home may be less competitive for buyers who prioritize a second full bath for guests or co-living arrangements.
- Compact Square Footage
At 1,128 square feet, the interior footprint is relatively modest for the price point, which could be a constraint for those requiring more living space or a dedicated home office.
About 1223 Phillips St
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2009
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,128 | 2,093.129 |
| Lot Size | 4,356 | 10,890 |
| Price | $480.0K | $568.3K |
| Price per sq ft | $426 | $307 |
| Built year | 2009 | 1971 |
| HOA | $0 | $137 |
| Days on market | 135 | 69 |
Pricing History
Listed for Sale
Jul 25, 2026
$480,000
$484,000
-1% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$484,000
$485,000
+0% Price Increase
Initial Listing
Price Change
Jul 3, 2026
$485,000
$490,000
-1% Price Drop
Initial Listing
Price Change
Jun 25, 2026
$490,000
$499,000
-2% Price Drop
Initial Listing
Price Change
Jun 14, 2026
$499,000
$509,000
-2% Price Drop
Initial Listing
Price Change
Apr 27, 2026
$509,000
Initial Listing