
Nashville, TN 37207
This Renovated 1930s Character Home serves as a strategic Value-Add Opportunity listed at $545,000. This price reflects a premium for the unfinished DADU structure and a Condition Rating of 3, compared to the $482,378 Fair Market Value. The interior features high-end custom cabinetry and concrete countertops, while the exterior offers a private deck and hot tub. Market trends in this walkable East Nashville pocket show strong demand for multi-structure lots near Shwab Elementary. This property is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Joseph Ave Subject | $515,000* List Price | 3 | 2 | 1,145 | $368 | - |
A 1318 N 6th St Sold | $375,000 | 3 | 1 | 926 | $405 | 0.6 mi |
B 1014 Stockell St Sold | $389,000 List Price | 2 | 2 | 1,131 | 0.3 mi | |
C 1012 Meridian St Active | $585,000 List Price | 3 | 2 | 1,260 | $464 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates that blend well with its 1930s character. The kitchen is a highlight with custom floor-to-ceiling cabinetry, concrete countertops, and subway tile backsplashes. Interior finishes include updated light fixtures and well-maintained original hardwood floors. While the interior presents very well, the 'good' rating is assigned rather than 'excellent' due to the property's age, visible cracking in the exterior concrete steps/retaining wall, and the fact that the secondary structure remains an unfinished construction project.
The property includes a second structure with construction already underway, offering a significant opportunity to complete a Detached Accessory Dwelling Unit (DADU) for rental income or guest quarters.
This 1930s home perfectly blends original charm, such as hardwood floors and exposed wood ceilings, with high-end modern updates including custom cabinetry and concrete countertops.
Situated in a sought-after East Nashville pocket, the home is within walking distance to McFerrin Park and local favorites like Retrograde Coffee, while remaining minutes from Downtown and Nissan Stadium.
The second structure is currently an active construction project, requiring the buyer to invest additional time, capital, and permitting efforts to make the space functional.
The assigned middle and high schools carry low ratings, which may be a concern for families prioritizing public education and could impact future resale appeal to that demographic.
Now offered at an improved price, this East Nashville home sits on a quiet, fully fenced lot and blends classic character with thoughtful updates in one of Nashville’s most desirable locations. Just minutes from Downtown, Germantown, and Nissan Stadium, you’ll enjoy city convenience while still having a private place to unwind. The backyard is designed for relaxing and entertaining, featuring a spacious deck and hot tub that create the perfect setting for quiet evenings or hosting friends and family. Inside, original hardwood floors, exposed wood ceilings, and a cozy brick fireplace bring warmth and personality throughout the home, while the kitchen offers a modern touch with custom floor-to-ceiling cabinetry and concrete countertops. Adding even more value and flexibility, the second structure on the property already has construction underway and is ready to be finished into a DADU, guest suite, home office, studio space, or potential income-producing opportunity with proper permitting. Located within walking distance to Retrograde Coffee, neighborhood restaurants, and McFerrin Park, this home offers the character, location, and versatility that make East Nashville living so desirable.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,145 | - |
| Lot Size | 6,970 | - |
| Price | $515.0K | $556.8K |
| Price per sq ft | $450 | $306 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 386 | 484 |
May 27, 2026
$515,000
$540,000
-5% Price Drop
Initial Listing
Apr 3, 2026
$540,000
$545,000
-1% Price Drop
Initial Listing
Jul 1, 2025
$545,000
Initial Listing