This Modern Townhouse represents a Prime Investment Opportunity, listed at $699,000—positioned well below the $716,130 Fair Market Value by 2%. This valuation gap provides $17,130 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a 2022 build date, the property offers a turnkey, light-filled layout with a two-car attached garage and private balconies. Located in the vibrant Wedgewood-Houston district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1242 2nd Ave Subject 3 bd · 4 ba · 2,246 sqft · $319 | $699,000* List Price | 3 | 4 | 2,246 | $319 | - |
A 1242 2nd Ave S 10 Active 3 bd · 4 ba · 2,031 sqft · $354 · 0.0 mi | $719,000 List Price | 3 | 4 | 2,031 | $354 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is only 4 years old, well within the <10 year threshold for Excellent condition. The listing describes a modern, light-filled layout with fresh paint and refined finishes, indicating mint condition with no maintenance required.
Situated in the high-growth Wedgewood-Houston neighborhood, this property offers exceptional walkability to elite amenities like Soho House, Geodis Park, and a vibrant mix of galleries and restaurants.
Built in 2022, the 2,246 sqft floor plan includes a rare two-car attached garage and a flexible entry-level bedroom suite, providing a perfect balance of privacy and convenience for urban living.
The home features multiple private balconies off both the main living area and the owner's suite, significantly expanding the entertaining space and offering rare private outdoor retreats in a dense urban setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 995.
The property is zoned for schools with lower academic ratings, specifically a 2/10 for the local high school, which may deter families and impact long-term appreciation.
With a lot size of only 871 square feet, the property lacks a traditional yard or private green space, which may be a drawback for buyers with pets or those seeking ground-level outdoor areas.
This is your chance to get into one of Nashville’s fastest-growing pockets with a well-designed townhome that brings together an open, light-filled layout and walkability to some of the city’s most talked-about spots. Freshly painted and filled with natural light, the main level feels bright and refined from the moment you walk in. The kitchen, dining, and living areas flow seamlessly together, creating a space that works just as well for hosting as it does for everyday living. A balcony just off the living room extends the entertaining space outdoors, offering an easy place to unwind or gather with friends. On the entry level, a private bedroom or office suite adds flexibility for guests or working from home, along with a two-car attached garage that’s hard to find in this location. Upstairs, the owner’s suite features its own balcony and is complemented by an additional guest bedroom, giving the layout a thoughtful balance of privacy and functionality. Located in Wedgewood-Houston, this is the kind of neighborhood where you can step out your front door and be part of what’s happening around you. Soho House, Aba, Sushi Row, Pastis, Cafe Babu, and Geodis Park are all just minutes away, along with a mix of breweries, cafés, and art galleries that give the area its character. With quick access to downtown, everything you want is within easy reach. A lock-and-leave lifestyle makes this a strong fit for a primary residence, second home, or investment.
No exterior & parking available.
Grades PK-4 • 2.5 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,246 | 1,551.684 |
| Lot Size | 871 | 871 |
| Price | $699.0K | $365.8K |
| Price per sq ft | $311 | $238 |
| Built year | 2022 | 2003 |
| HOA | $298 | $260 |
| Days on market | 38 | 83 |
Sep 16, 2026
$699,000
Initial Listing