1508 Jones Ave, Nashville, TN 37207, Nashville, 37207 - 0 bed, 0 bath
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Nashville, TN 37207
This Renovated Income-Producing Duplex is a turnkey asset listed at $564,900, positioned near its $552,330 Fair Market Value, reflecting the stability of the East Nashville market. Boasting an Excellent Condition Rating following a comprehensive 2022 overhaul, the property features quartz countertops, designer finishes, and smart home technology. With a proven track record of $4,000+ monthly rental income and separate utility meters, the financial profile is robust. Located in a high-growth pocket near Highland Yards and Shwab Elementary, it offers immediate cash flow. This is a premier opportunity for House-Hackers or Buy-and-Hold Investors seeking a low-maintenance acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1508 Jones Ave Subject | $564,900* List Price | 0 | 0 | 1,404 | $393 | - |
A 926 N 5th St Sold | $552,000 | 0 | 0 | 1,529 | $361 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2022, which is within the 5-year threshold for an excellent rating. The updates include modern kitchens with quartz countertops and designer finishes, renovated bathrooms, new flooring throughout, and updated energy-efficient HVAC systems. The interior and exterior appear well-maintained with no visible deferred maintenance, meeting current market quality standards.
This renovated duplex generates over $4,000 in monthly rental income and features separate water and electric meters, making it an ideal turnkey investment or house-hacking opportunity.
Extensively updated in 2022, the property features quartz countertops, designer finishes, and smart home technology, significantly reducing the need for immediate capital expenditures.
Situated in a high-growth area near popular amenities like Southern Grist and Highland Yards, the property benefits from surrounding new construction and increasing neighborhood desirability.
The units utilize wall-mounted HVAC units rather than a central forced-air system, which may be perceived as less desirable or less efficient by some long-term tenants.
The assigned middle and high schools currently hold low ratings, which could limit the property's appeal to families with school-aged children and impact long-term resale value.
Don’t miss your opportunity to own a renovated duplex in East Nashville! Each unit offers 2 bedrooms/1 bath (4 beds / 2 baths total) with separate water and electric meters. Freshly painted with newer systems, strong rental history, and ideal for house hacking, multi-generational living, or investor. Both units rent for a combined rental income of more than $4,000 monthly. Located near Highland Yards, All People Coffee, Southern Grist, Golden Pony, and more; plus new construction all around. Renovations and upgrades completed in 2022, including updated kitchens, flooring, and bathrooms, plus energy-efficient wall HVAC units. Unit B includes white quartz counters, designer finishes, and a privately fenced yard. Unit A features newer flooring, renovated bath, and multiple updates. Smart locks + Ring cameras already in place. Offered fully furnished (negotiable): appliances, décor, and kitchenware remain; most furniture negotiable (exclusions apply). Parking for 8 cars (4 per unit). Currently operated as a 30+ day furnished rental (no STR permit required for 30+ day rentals). Owner occupant may pursue STR eligibility per Metro guidelines. PLEASE DO NOT DISTURB TENANTS!!! Both units are currently occupied.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,404 | 1,566 | 22% |
| Lot Size | - | - | 50% |
| Price | $564.9K | $410.0K | 89% |
| Price per sq ft | $402 | $262 | 89% |
| Built year | 1981 | 1984 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 271 | 11% |
Dec 19, 2025
$564,900
Initial Listing