
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned slightly above the $637,159 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the asset offers immense versatility through its separate upstairs apartment and guest cabin. The large 8,712 sqft lot and recording studio conversion potential provide clear paths for forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or experienced contractors seeking to maximize rental income in a prime East Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1422 Roberts Ave Subject | $650,000* List Price | 4 | 2 | 1,980 | $322 | - |
A 1110 Matthews Pl Sold | $600,000 List Price | 3 | 2 | 1,551 | 0.2 mi | |
B 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,227 | $337 | 0.6 mi |
C 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,430 | $309 | 0.6 mi |
D 1310 Calvin Ave Active | $825,000 List Price | 4 | 2 | 2,446 | $337 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1930s bungalow is significantly dated with popcorn ceilings, older tile, and a kitchen/bath that haven't been updated in over 30 years. The listing explicitly states the garage is 'down to the studs' and the property is 'ready for creativity,' indicating a need for a full rehab rather than minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1980.
The property features a separate upstairs apartment with its own entrance and an additional guest cabin, offering multiple streams of potential rental income or multi-generational living options.
Situated in a highly sought-after neighborhood on a tree-lined street, the home is within walking distance to popular local restaurants, shops, and amenities, ensuring strong long-term value.
With the garage currently down to the studs and lacking electricity, and the main house requiring creative updates, buyers must budget for substantial renovation costs and project management.
The property is zoned for schools with lower performance ratings, specifically a high school rated 2/10, which may deter families and impact future resale appeal to a broader demographic.
Charming 1930's bungalow in sought after East Nashville neighborhood ready for you to get creative and make your own. Situated on a beautiful tree-lined street, 1422 Roberts Ave is bursting with original charm and income potential. Located close to many fabulous restaurants, shops and local amenities. This home offers two bedrooms downstairs hardwood and tile floors and a large wood burning stone fireplace to add lots of warmth. There is a two bedroom apartment with kitchenette and sitting area upstairs with inside stairs plus a separate outside entrance. The spacious kitchen on the main level has a breakfast nook ideal for morning coffee or casual meals and leads to a fenced back yard and covered porch. There are two buildings on the property. An adorable cabin that can serve as a guest cabin or possible Airbnb. It has a loft, washer and dryer, mini split and kitchenette. The garage was converted to a recording studio previously and is now down to the studs ready for your creativity. Owner was in the process or converting it to an apartment. There is no electricity yet but it is plumbed. Whether you are looking for a primary residence with versatility or an investment property in a prime location, this house is ready for your personal touch. Ideal for buyers looking for charm, location and flexibility. Schedule your showing today.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades PK-4 • 1.6 mi
Grades 5-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,980 | - |
| Lot Size | 8,712 | - |
| Price | $650.0K | $556.8K |
| Price per sq ft | $328 | $306 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 18 | 484 |
Jul 5, 2026
$650,000
Initial Listing