1608 Ashton Ave, Nashville, TN 37218, Nashville, 37218 - 3 bed, 1 bath
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1608 Ashton Ave
Nashville, TN 37218
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,134Sq Ft
15,682Lot Size
Property Price
LIST PRICE$310,000
EST. MARKET VALUE
$276,756
12% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $310,000—positioned well below the $276,756 Fair Market Value by -12%. Featuring a Fair Condition Rating, the home includes a newer HVAC system and a large 15,682 sqft lot, offering significant upside for value-add renovations. While the interior requires modernization, the expansive outdoor space provides excellent utility. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic improvements.
Estimated Market Value
$276,756
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 Ashton Ave Subject | $310,000* List Price | 3 | 1 | 1,134 | $244 | - |
A 2820 Hydes Ferry Rd Sold | $342,000 | 3 | 2 | 1,254 | $273 | 0.8 mi |
B 1801 Elizabeth Rd Active | $369,000 List Price | 3 | 2 | 1,328 | $278 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1945, the home has received some cosmetic refreshes including newer LVP flooring and paint, as well as a newer HVAC system and metal roof. However, the lack of kitchen and bathroom photos combined with the listing description inviting buyers to 'bring their vision' suggests these core areas are dated and likely exceed the 20-year threshold for modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1134.
- Expansive Level Lot
The property features a generous 15,682 sqft level lot, providing significant space for gardening, recreation, or potential future expansions in a desirable Nashville location.
- Updated Mechanicals
The inclusion of a newer HVAC system offers immediate peace of mind and reduces near-term capital expenditure for the next owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the home's layout may be less convenient for larger households or modern buyer expectations.
- Local School Ratings
The assigned middle and high schools have lower performance ratings (3 and 1 respectively), which may impact long-term resale appeal for families prioritizing education.
About 1608 Ashton Ave
Welcome to this 3-bedroom, 1-bathroom home in Nashville, Tennessee. This property offers a functional layout, a newer HVAC system, and a large, level lot with plenty of room to enjoy the outdoors. The spacious lot provides flexibility for entertaining, gardening, recreation, or simply enjoying additional outdoor space. With three bedrooms and one full bathroom, this home offers an excellent opportunity for a first-time homebuyer, investor, or buyer looking to make a Nashville property their own. Conveniently located in Nashville, this home is ready for its next owner to bring their vision and make it their own. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Cumberland Elementary School
Grades PK-4 • 2.0 mi
5/10
Joelton Middle School
Grades 5-8 • 8.5 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 6.0 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,134 | 2,093.129 |
| Lot Size | 15,682 | 10,890 |
| Price | $310.0K | $568.3K |
| Price per sq ft | $273 | $307 |
| Built year | 1945 | 1971 |
| HOA | $0 | $137 |
| Days on market | 57 | 69 |
Pricing History
Listed for Sale
Jul 14, 2026
$310,000
Initial Listing