
Nashville, TN 37207
This Renovated Single-Family Residence represents a Prime Investment Opportunity, listed at $889,000—positioned well below the $912,861 Fair Market Value by 2%. This valuation gap provides $23,861 in Instant Equity. Featuring a high-end kitchen, finished basement, and large deck, the home maintains an Excellent Condition Rating. While local school ratings are mixed, the property’s prime Cleveland Park location and flexible layout offer significant long-term appeal. This is an ideal acquisition for Owner-Occupants seeking lifestyle value or Buy-and-Hold Investors targeting East Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1602 Lischey Ave Subject | $889,000* List Price | 4 | 3 | 2,370 | $385 | - |
A 920 N 5th St Sold | $985,000 | 4 | 3 | 2,129 | $463 | 0.9 mi |
B 1111 Pennock Ave Sold | $775,000 | 3 | 2 | 1,755 | $442 | 0.7 mi |
C 808 Chickasaw Ave Active | $639,900 List Price | 4 | 4 | 2,288 | $280 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1936, the property has undergone a high-end renovation within the last 5 years. The kitchen features modern custom inset cabinetry and new appliances, while the interior boasts refinished hardwoods, updated lighting, and central HVAC in mint, move-in-ready condition.
Offering approximately 2,370 square feet of renovated living space, including a finished basement and dedicated office, this home provides exceptional flexibility and room rarely found in East Nashville.
The updated kitchen features custom inset cabinetry, a butler's pantry, and new appliances, complemented by high ceilings and hardwood flooring that preserve the home's 1930s character.
Located in the sought-after Cleveland Park neighborhood, the property boasts a large fenced backyard with a deck and covered porch, perfect for entertaining near downtown Nashville.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2370, other record living area = 1901.
The assigned middle and high schools carry a rating of 2/10, which may be a significant concern for families focused on long-term public education quality.
The property has recently returned to the market, which can occasionally lead to buyer scrutiny regarding previous contract cancellations or potential inspection findings.
More space than you expect in East Nashville. Back on the market and offering approximately 2,370 square feet of renovated, flexible living space, 1602 Lischey Ave brings together the character of an established Cleveland Park neighborhood with the room and functionality today's buyers are looking for. With 4 bedrooms, 3 full bathrooms, a dedicated office or study, formal dining space, and a finished basement, this home gives you options. Need room to work from home, host guests, create a media room, set up a gym, or simply spread out? There is space for all of it. Inside, high ceilings and abundant natural light create an open, welcoming feel, complemented by hardwood and tile flooring throughout. The updated kitchen features custom inset cabinetry, generous counter space, new appliances, and a butler's pantry for additional storage and functionality. Two of the home's four bedrooms feature en suite bathrooms, adding even more flexibility to the floorplan. The finished basement provides valuable bonus living space, while outside, a large fenced backyard, deck, and covered porch create multiple areas for relaxing, entertaining, pets, or play. Additional features include driveway parking, central heating and air, and high-speed internet capability. And then there's the location. Enjoy the neighborhood feel of Cleveland Park while remaining convenient to East Nashville restaurants, shopping, parks, entertainment, and downtown Nashville. If you've been searching East Nashville but don't want to compromise on space, this one deserves another look. 4 Bedrooms | 3 Full Baths | Approx. 2,370 Sq Ft | Finished Basement | Office/Study | Fenced Backyard
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,370 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $889.0K | $568.3K |
| Price per sq ft | $375 | $307 |
| Built year | 1936 | 1971 |
| HOA | $0 | $137 |
| Days on market | 19 | 69 |
Aug 21, 2026
$889,000
Initial Listing