
Nashville, TN 37207
This Versatile Income-Generating Asset is listed at $1,087,500, positioned slightly above the $1,050,018 Fair Market Value. As a brand new, non-HPR Single Family Residence with a 2-bedroom ADU, this property offers a unique "house hack" model in the rapidly developing East Bank corridor. Featuring a Condition Rating of 2 (Mint) with high-end designer finishes, it requires zero maintenance. While local school ratings are modest, the proximity to major employment hubs and the flexible rental potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1351 Pennock Ave Subject 6 bd · 6 ba · 3,574 sqft · $294 | $1,000,000 | 6 | 6 | 3,574 | $294 | - |
A 1320B Lischey Ave Sold 6 bd · 6 ba · 3,425 sqft · $292 · 0.2 mi | $1,000,000 | 6 | 6 | 3,425 | $292 | 0.2 mi |
B 1347 Pennock Ave Sold 6 bd · 6 ba · 3,363 sqft · $312 · 0.0 mi | $1,050,000 | 6 | 6 | 3,363 | $312 | 0.0 mi |
C 1310 Pennock Ave A Active 4 bd · 3 ba · 2,422 sqft · $330 · 0.2 mi | $799,000 List Price | 4 | 3 | 2,422 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction with high-end designer finishes, pristine hardwood flooring, and a luxury modern bathroom in mint condition requiring zero maintenance.
The property features a rare 2-bedroom, 2-bathroom apartment over the garage, offering significant potential for short-term rental income, a guest house, or multigenerational living.
Situated in Cleveland Park near the East Bank development, the home is minutes from the new Nissan Stadium and Oracle campus, positioning it for substantial long-term appreciation.
Unlike many nearby developments, this is a true single-family home on a corner lot without a Horizontal Property Regime (HPR), providing more autonomy and privacy for the owner.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4356, living area = 3574.
The assigned middle and high schools carry low ratings of 2/10, which may be a significant drawback for families prioritizing the local public education system.
With over 150 days on the market, the property has experienced significant stagnation, which could indicate pricing resistance or a mismatch with current buyer demand.
One-of-a-kind brand new Single Family Home (Not an HPR) sitting on a corner lot with a 2bed/2bath ADU in Cleveland Park! This property is walkable to neighborhood restaurants and coffee shops, just minutes to downtown, and directly bordering all of the real development happening on the East Bank including the new Nissan Stadium, Oracles River North campus, and major mixed-use residential and hotel projects! Thoughtfully designed with curated designer finishes throughout! In the main house you'll find 4bed and 3.5 bathrooms, a spacious sun room, wet bar, fenced in backyard, and so much more! Also features a very rare 2bed/2bath apartment over the 2 car garage. Whether you’re seeking rental income, a guest house, multigenerational living, a home office, music studio, or a private retreat for extended family, this versatile property offers endless possibilities. Live in one unit and lease the other long term or short term through Airbnb, or maximize income potential with leasing out both units long term or Mid term! ASK ABOUT OWNER FINANCING OPTIONS!
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 3,574 | 2,045.139 |
| Lot Size | 4,356 | 10,890 |
| Price | $1.00M | $556.0K |
| Price per sq ft | $280 | $305 |
| Built year | 2026 | 1971 |
| HOA | $0 | $133 |
| Days on market | 184 | 70 |
Apr 23, 2026
$1,087,500
Initial Listing