1514 Wedgewood Ave, Nashville, TN 37212, Nashville, 37212 - 3 bed, 2 bath
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Nashville, TN 37212
This property presents a High-Potential Investment Opportunity with a List Price of $775,000, positioned slightly above the $760,969 Fair Market Value. Despite the premium, the home offers significant upside through its large unfinished basement, providing a clear path to increase square footage and build equity. Featuring a Mint Condition Rating with a 2024 HVAC and 2025 water heater, this asset is move-in ready. Its prime location across from Belmont University ensures high rental demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 Wedgewood Ave Subject | $775,000* List Price | 3 | 2 | 1,250 | $609 | - |
A 1003 Villa Pl Active | $850,000 List Price | 2 | 2 | 1,102 | $771 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1973 build date, the property has undergone a high-quality recent renovation (<5 years) featuring a modern kitchen with stainless appliances and updated bathrooms. Critical systems are brand new, with the HVAC replaced in 2024 and the water heater in 2025, meeting the criteria for mint condition and no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1250.
Located directly across from Belmont University and minutes from Music Row and 12South, this property sits in one of Nashville's most high-demand pockets for both residents and renters.
The large unfinished basement provides a massive opportunity to increase the home's square footage and build instant equity through a custom build-out.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,250 finished square feet at a $775,000 price point, the cost per square foot is relatively high compared to fully finished homes in the surrounding area.
Built in 1973, the home may require additional cosmetic updates or structural modernizing to meet the expectations of luxury buyers in the competitive 37212 market.
Welcome to 1514 Wedgewood Ave—a rare Nashville opportunity in one of the city's most desired pockets, and right across the street from Belmont University! Whether you're searching for your next primary residence or a high-performing investment property in a location that practically prints demand, this one checks the boxes. Inside, you'll find 3 beds and 2 baths in a flexible layout with comfortable living spaces and the kind of character that makes Nashville's classic homes so loved. The huge unfinished basement is truly the secret weapon here—a blank canvas ready to be built out to add some serious square footage for instant equity. You're also minutes from downtown, Music Row, 12South shopping, Hillsboro Village, and some of the best restaurants, coffee shops, and parks Nashville has to offer. Please ask about our closing cost credit or rate buy-down available from our preferred lender! HVAC was replaced in 2024 and water heater was replaced in 2025.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,250 | 2,628 | 6% |
| Lot Size | 8,276 | 9,148 | 36% |
| Price | $775.0K | $915.0K | 49% |
| Price per sq ft | $620 | $427 | 87% |
| Built year | 1973 | 1938 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 544 | 2% |
May 19, 2026
$775,000
Initial Listing