1323 Chester Ave, Nashville, TN 37206, Nashville, 37206 - 2 bed, 1 bath
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Nashville, TN 37206
This Charming East Nashville Cottage is a Strong Value Opportunity, listed at $399,900—positioned well below the $405,230 Fair Market Value by 1%. This valuation gap offers $5,330 in Instant Equity. Maintaining a Condition Rating of 3, the home features original hardwood floors, a spacious deck, and a full basement with significant expansion potential to nearly double the living area. Located near the transformative East Bank development and walkable favorites, this property is ideal for Owner-Occupants or first-time buyers seeking a turnkey lifestyle with built-in appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1323 Chester Ave Subject | $399,900* List Price | 2 | 1 | 792 | $497 | - |
A 809 Washington Ave Sold | $417,500 | 2 | 1 | 768 | $544 | 0.8 mi |
B 1420 Sumner Ave Sold | $435,000 | 2 | 1 | 835 | $521 | 0.8 mi |
C 1420 Sumner Ave Sold | $435,000 | 2 | 1 | 835 | $521 | 0.8 mi |
D 64 Creighton Ave Active | $429,000 List Price | 3 | 1 | 850 | $505 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1947, the property is well-maintained and move-in ready. It features fresh paint, original hardwood floors in good condition, and a functional layout. Although specific dates for HVAC or kitchen/bath renovations aren't provided, the visual evidence suggests a home that has been updated within the 5-15 year window required for a 'Good' rating rather than being 'dated' or needing repairs.
Situated in a highly desirable and walkable pocket of East Nashville, the property offers immediate access to trendy local favorites like Café Roze and Vinyl Tap, as well as proximity to the transformative East Bank development.
The full basement provides a rare opportunity to nearly double the usable square footage, offering incredible flexibility for a creative studio, workshop, or a finished expansion to build immediate equity.
The property features a fully fenced private backyard complete with garden beds and a spacious deck, providing a ready-to-use outdoor oasis that is highly sought after in this urban market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 792, other record living area = 732.
At just 792 square feet with only one bathroom, the current living space is quite compact and may not accommodate buyers looking for more generous room proportions or a second bath.
The property is zoned for several local schools with lower performance ratings, which could be a deterrent for families and may impact the pace of future appreciation compared to other districts.
This charming 2-bed, 1-bath cottage in East Nashville is ready for its next owner. Tucked on a quiet street yet just moments from neighborhood favorites like Café Roze and Vinyl Tap, your weekends can be filled with great food, music, and local culture. Start your mornings with coffee from Osa Coffee Roasters, Surefire Coffee Co., or Weak Coffee—all just a short stroll away. Enjoy the ease of nearby everyday essentials like Publix and Kroger, plus recreation at South Inglewood Park & Community Center and the local YMCA. With quick access to downtown Nashville, Nissan Stadium, and the transformative East Bank development, this location truly checks every box. Inside, you’ll find hardwood floors, fresh paint, and an inviting layout filled with natural light. The full basement offers incredible flexibility—ideal for storage, a workshop, a creative studio, or the potential to expand your living space and build equity. Step outside to your own private backyard, complete with a fully fenced yard, garden beds, and a spacious deck—perfect for entertaining or unwinding at the end of the day.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.7 mi
Grades PK-4 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 792 | 1,800 | 3% |
| Lot Size | 6,970 | 8,276 | 25% |
| Price | $399.9K | $550.0K | 31% |
| Price per sq ft | $505 | $356 | 86% |
| Built year | 1947 | 1938 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 775 | 1% |
Apr 27, 2026
$399,900
Initial Listing