
Nashville, TN 37207
This Prime Investment Opportunity is listed at $1,049,995, positioned well below the $1,075,933 Fair Market Value by 2%, providing $25,938 in Instant Equity. Featuring a Mint Condition Rating and a versatile finished lower-level apartment, this home offers significant income potential. With DADU overlay zoning and a spacious screened-in porch, it balances modern luxury with future development upside. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-growth East Nashville asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 N 2nd St Subject 5 bd · 5 ba · 3,815 sqft · $282 | $1,049,995* List Price | 5 | 5 | 3,815 | $282 | - |
A 1015 Stockell St Sold 5 bd · 5 ba · 3,702 sqft · $357 · 0.3 mi | $1,320,000 | 5 | 5 | 3,702 | $357 | 0.3 mi |
B 1320B Lischey Ave Sold 6 bd · 6 ba · 3,425 sqft · $292 · 0.4 mi | $1,000,000 | 6 | 6 | 3,425 | $292 | 0.4 mi |
C 1347 Pennock Ave Sold 6 bd · 6 ba · 3,363 sqft · $312 · 0.4 mi | $1,050,000 | 6 | 6 | 3,363 | $312 | 0.4 mi |
D 1000 Joseph Ave Active 6 bd · 4 ba · 4,375 sqft · $291 · 0.4 mi | $1,275,000 List Price | 6 | 4 | 4,375 | $291 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1933, this property has undergone a comprehensive, high-end modern renovation and expansion within the last 5 years. The images show a pristine interior with a fully updated kitchen featuring white shaker cabinets and subway tile, immaculate hardwood floors, and a luxurious primary bathroom with a modern freestanding soaking tub. The home is in mint condition with no visible maintenance required.
The fully finished lower-level apartment features a private entrance, second kitchen, and dedicated laundry, making it an ideal turnkey solution for rental income, a guest suite, or a professional home office.
The owner's retreat is a standout feature, offering three walls of windows for exceptional natural light and a spa-inspired en-suite with a 6-foot soaking tub and oversized dual-head shower.
Located in the heart of Cleveland Park near the future Oracle HQ and Nissan Stadium, the property benefits from DADU overlay zoning and alley access, providing significant future development opportunities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3815, other record living area = 3449. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property is zoned for local middle and high schools that currently hold low performance ratings (2/10), which may impact appeal for families focused on the public school system.
Given the substantial 3,815 square footage of the home, the 6,970 square foot lot feels relatively compact, which may limit usable yard space if the owner chooses to utilize the DADU overlay.
This Gorgeous Limestone 1930s Craftsman Bungalow embodies East Nashville character at its best (historic hardwoods, a stone fireplace, spacious front porch with a swing, lovely floral and edible gardens throughout) and has been tastefully updated & expanded with all the amenities desired for modern living. The owner's suite is a show-stopping oasis: 3 full walls of windows flood the massive primary bedroom with natural light & time-freezing sunsets, plus an en-suite with a 6 ft soaking tub, oversized walk-in shower w/ timeless subway tile, dual shower heads, rain head & ample storage. Relax and entertain year-round on the equally capacious (522sf!) screened-in back porch, overlooking the fully fenced, truly lovely yard and garden filled with edible perennials serviced by drip-line irrigation: raspberries, strawberries, asparagus, blackberries, blueberries, figs & an espaliered apple tree. The fully finished lower-level apartment w/ side entrance features a 2nd kitchen, spa-like shower w/ pine ceiling & its own laundry station — great for a mother-in-law suite, home office, or rental income. The mud room offers a DREAM amount of modern indoor storage, and there's a custom-built, oversized shed adjacent to the back porch. Another best part? This is already a 3,815 sq ft home with a historic front porch and a large screened porch — and with alley access and the neighborhood's DADU overlay zoning, there's STILL room to add a Garage/DADU. Nestled in the heart of Cleveland Park, you're minutes from Downtown, the new Nissan Stadium, Oracle's forthcoming HQ, River North, Vanderbilt Health's future campus & the future TPAC campus — all guiding pedestrian-friendly living along the Cumberland River. The neighborhood's food scene is having a moment, with new Michelin & James Beard-recommended spots popping up each year, and new bike lanes across the Jefferson Street bridge make exploring easy. This is East Nashville charm meets urban living at its finest.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,815 | 2,045.139 |
| Lot Size | 6,970 | 10,890 |
| Price | $1.05M | $556.0K |
| Price per sq ft | $275 | $305 |
| Built year | 1933 | 1971 |
| HOA | $0 | $133 |
| Days on market | 64 | 70 |
Aug 21, 2026
$1,049,995
Initial Listing