1506 Arthur Ave, Nashville, TN 37208, Nashville, 37208 - 3 bed, 4 bath
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Nashville, TN 37208
This Income-Producing Residential Asset is a High-Potential Investment Opportunity, listed at $700,000—positioned above the $618,515 Fair Market Value. While priced above current estimates, the property offers a rare 2.8% Assumable Financing option, significantly lowering long-term carrying costs. Featuring a Good Condition Rating with modern updates like refinished hardwoods and a wet bar, the layout is optimized for househacking. Despite limited outdoor space and lower-rated local schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 Arthur Ave Subject | $700,000* List Price | 3 | 4 | 2,655 | $233 | - |
A 1403 10th Ave N A Sold | $767,000 | 4 | 4 | 2,473 | $310 | 0.1 mi |
B 1825 9th Ave N A Sold | $549,999 | 4 | 4 | 2,499 | $220 | 0.5 mi |
C 2015 9th Ave N Sold | $630,000 | 4 | 4 | 2,564 | $246 | 0.8 mi |
D 1813A Delta Ave Active | $715,000 List Price | 4 | 4 | 2,534 | $282 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010, this 16-year-old property falls within the 10-20 year range for 'Good' condition. The home is well-maintained and move-in ready, featuring recent cosmetic updates including fresh paint, new carpets, and refinished hardwood floors and kitchen cabinets.
The property is specifically designed for househacking or owner-occupied short-term rentals, featuring three private en-suite bedrooms and a spacious bonus room with a wet bar.
The potential for assumable financing at a 2.8% interest rate offers a rare and significant financial advantage, drastically reducing monthly carrying costs compared to current market rates.
The home is move-in ready with high-trend renovations, including refinished hardwood floors, updated kitchen cabinetry, and fresh interior paint, ensuring immediate appeal without additional capital expenditure.
With a lot size of only 871 square feet for a 2,655 square foot home, the property offers virtually no yard or private outdoor living space, which may deter buyers with pets or children.
The local middle and high schools carry low ratings (3 and 2 respectively), which could limit the property's appeal to families and potentially impact long-term appreciation compared to other Nashville pockets.
Househackers looking for an income producing home, this one’s for you. Convenient and appreciating Historic Buena Vista neighborhood with a layout ideal for adult professional housemates or an owner occupied Airbnb (OO STR) with 3 private, en-suite bedrooms and a spacious bonus room with a wet bar. Assumable financing may be available at 2.8%. Welcome to 1506 Arthur Ave, the Nashville home for sale that perfectly blends charm and modern updates in the thriving Historic Buena Vista area just outside Germantown. This beautifully updated home is truly move-in ready, offering a fresh start with thoughtful, on trend renovations throughout. Inside, you'll find a bright, inviting space with freshly painted walls that exude warmth and potential. The open kitchen shines with refinished cabinets, combining style and functionality at the heart of the home. New carpets bring cozy comfort to the bedrooms and living areas, while the refinished hardwood floors add timeless character and elegance underfoot. Located in one of Nashville's vibrant and growing neighborhoods, this home offers unbeatable convenience. You'll be just minutes from top dining destinations, exciting entertainment venues, and the rich local culture that defines Nashville living. Schedule a visit today and experience the perfect blend of style, comfort, and location!
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades K-4 • 12.7 mi
Grades 5-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,655 | - |
| Lot Size | 871 | - |
| Price | $700.0K | $654.3K |
| Price per sq ft | $264 | $311 |
| Built year | 2010 | 0 |
| HOA | $0 | $0 |
| Days on market | 66 | 339 |
May 18, 2026
$700,000
Initial Listing