1308 N Avondale Cir, Nashville, TN 37207, Nashville, 37207 - 6 bed, 2 bath
Loading property details...
Nashville, TN 37207
This Turnkey Income-Producing Asset is a High-Potential Investment Opportunity with a List Price of $474,999—positioned well below the $531,275 Fair Market Value by 10%. This valuation gap provides $56,276 in Instant Equity. Delivering an impressive 8.8% cap rate, the property features a high-density 6-bedroom layout optimized for maximum rental yield. Sold fully furnished as a "plug-and-play" operation in a fast-growing corridor, this Condition Rating 3 property eliminates startup friction. It is a premier acquisition for Buy-and-Hold Investors or out-of-state investors seeking stabilized Nashville returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1308 N Avondale Cir Subject | $474,999* List Price | 6 | 2 | 1,850 | $287 | - |
A 406 Matthews Ct Sold | $364,000 | 4 | 2 | 1,447 | $252 | 0.3 mi |
B 1716 Edgewood Ave Sold | $400,000 | 4 | 3 | 1,640 | $244 | 0.4 mi |
C 2629 Old Matthews Rd Sold | $375,000 | 4 | 2 | 1,484 | $253 | 0.5 mi |
D 2629 Old Matthews Rd Sold | $375,000 | 4 | 3 | 1,584 | $237 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property has been extensively updated for turnkey investment use. Images show modern luxury vinyl plank flooring, recessed lighting, updated ceiling fans, and fresh neutral paint throughout. The exterior is well-maintained with painted brick and tidy landscaping. It is move-in ready with no immediate renovation required, though the 1969 bones and high-occupancy configuration (6 beds in 1,850 sqft) suggest a functional rental-grade renovation rather than a brand-new luxury build.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1850.
The property boasts an impressive 8.8% cap rate, providing immediate and robust cash flow in one of Nashville’s most rapidly developing corridors.
This is a true 'plug-and-play' asset, sold fully furnished with an established book of business, eliminating the need for renovation or a lease-up period.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The requirement for an accepted contract prior to any showings creates a high barrier to entry and may deter investors who prioritize physical inspections.
The local schools have very low ratings, including a 1/10 for the high school, which may limit the property's long-term appeal to family-oriented tenants and impact resale value.
Turnkey income-producing property delivering an 8.8% cap rate in one of Nashville’s fastest-growing corridors. Immediate cash flow from day one with a fully operational setup that includes all furniture, fixtures, and the existing book of business, making this a rare plug-and-play investment opportunity. No renovation timeline, no lease-up period—step in and continue operations immediately. Ideal for local or out-of-state investors looking for stabilized returns in the Nashville market. The property has an established operating history and is being offered as a complete, income-generating asset, eliminating the typical startup friction investors face when entering a new market. Showings are by accepted contract only. No sign in yard. Serious inquiries only. Contact listing agent for financials and operational details.
No exterior & parking available.
Grades 5 • 0.8 mi
Grades PK-4 • 4.1 mi
Grades PK-4 • 8.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 100% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,850 | 1,496 | 69% |
| Lot Size | 9,583 | 8,712 | 57% |
| Price | $475.0K | $377.4K | 79% |
| Price per sq ft | $257 | $240 | 56% |
| Built year | 1969 | 1970 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 358 | 0% |
Mar 6, 2026
$474,999
Initial Listing
May 28, 1996
$57,975
Public Record