1422 Benjamin St, Nashville, TN 37206, Nashville, 37206 - 3 bed, 3 bath
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Nashville, TN 37206
This Hybrid Income-Producing Property is a High-Potential Investment Opportunity, listed at $639,000—positioned well below the $725,792 Fair Market Value by 11%. This valuation gap offers $86,792 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Custom Granite Kitchen and DADU eligibility. With an active Airbnb permit and prime East Nashville location, this asset balances lifestyle with revenue. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1422 Benjamin St Subject | $639,000* List Price | 3 | 3 | 2,243 | $324 | - |
A 1032 W Greenwood Ave Sold | $519,900 List Price | 4 | 3 | 2,269 | 0.4 mi | |
B 1032 W Greenwood Ave Sold | $795,000 List Price | 4 | 3 | 2,263 | 0.4 mi | |
C 802 N 16th St Sold | $655,000 | 3 | 2 | 2,249 | $291 | 0.1 mi |
D 1125 Sharpe Ave Sold | $745,000 | 3 | 3 | 2,031 | $367 | 0.2 mi |
E 1125 Sharpe Ave Sold | $745,000 | 3 | 3 | 2,095 | $356 | 0.2 mi |
F 415 N 17th St Sold | $618,000 | 3 | 3 | 1,733 | $357 | 0.4 mi |
G 804 N 16th St Active | $725,000 List Price | 3 | 3 | 2,067 | $351 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1935, the property has undergone a comprehensive renovation within the last 5 years. The kitchen features modern shaker cabinetry, granite countertops, and high-end stainless appliances, while the bathrooms show contemporary fixtures and vanities. With major systems like the roof and windows replaced within the last few years and mint-condition hardwood floors throughout, the home requires no immediate maintenance.
The property includes an active owner-occupied Airbnb permit and is DADU eligible, offering significant short-term rental income potential and future development opportunities.
Key high-ticket maintenance items, including the roof, windows, and driveway, have been replaced within the last few years, reducing immediate capital expenditure for the buyer.
Situated in a highly sought-after area, the home is minutes from Five Points and Riverside Village, providing excellent walkability to popular local dining and boutiques.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is zoned for Stratford Comp High School, which currently holds a low rating of 2/10, potentially impacting appeal for families with school-aged children.
Built in 1935, the home may require ongoing upkeep typical of older structures, and the partially finished basement may need further investment to be fully utilized.
Located in the heart of East Nashville, 1422 Benjamin Street combines space, flexibility, and income-producing potential all in one. This three-bedroom, three-bath home offers 2,243 square feet of thoughtfully designed living space with hardwood floors throughout, a custom kitchen with granite countertops, and separate living and dining areas that create an easy flow for both everyday living and entertaining. The partially finished basement adds even more versatility and is perfect for a bonus room, media space, home gym, guest retreat, or work-from-home setup. Outside, the fully fenced front yard offers plenty of room for pets, gatherings, gardening, or simply enjoying the neighborhood vibe. The storage shed is equipped with electricity, adding extra functionality and convenience. Major updates including the windows, roof, and driveway have all been completed within the last few years, and the washer, dryer, and refrigerator will remain with the home. The property is also eligible for a Detached Accessory Dwelling Unit (DADU), creating even more possibilities for future expansion or investment. An added bonus — the home comes with an owner-occupied Airbnb permit and has consistently been rented on weekends, making it an excellent opportunity for buyers looking for short-term rental income potential in one of Nashville’s most desirable neighborhoods. Conveniently located just minutes from Five Points, Riverside Village, and some of East Nashville’s favorite local restaurants, coffee shops, and boutiques, this home offers the perfect mix of character, convenience, and opportunity.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades PK-4 • 1.4 mi
Grades 5-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,243 | 1,856 | 68% |
| Lot Size | 7,405 | 8,276 | 37% |
| Price | $639.0K | $555.0K | 61% |
| Price per sq ft | $285 | $346 | 31% |
| Built year | 1935 | 1938 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 775 | 1% |
May 6, 2026
$639,000
Initial Listing