
Nashville, TN 37206
This Historic Lockeland Springs Residence is a Strong Value Opportunity, listed at $649,000—positioned well below the $723,949 Fair Market Value by 10%. This valuation gap offers $74,949 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with comprehensive recent renovations, the home offers a rare four-bathroom layout and a versatile finished basement. Its prime location near Shelby Park balances lifestyle appeal with financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1620A Lillian St Subject | $649,000* List Price | 3 | 4 | 1,790 | $404 | - |
A 1805B Sevier St Active | $729,900 List Price | 3 | 3 | 1,640 | $445 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1923 build date, the property has undergone a comprehensive renovation within the last 5 years. The kitchen features modern stainless steel appliances and quartz countertops, bathrooms are fully updated with contemporary fixtures and vanities, and the interior shows fresh paint, new flooring, and recessed lighting throughout, making it move-in ready with no immediate maintenance required.
Situated in the heart of Lockeland Springs in East Nashville, the property offers exceptional walkability to Shelby Park and is just five minutes from downtown's premier dining and entertainment.
The finished basement with a private bedroom and full bathroom provides excellent flexibility for a guest suite, home office, or potential short-term rental opportunity.
This 1923 historic home blends classic character with a rare four-bathroom configuration, offering a high level of convenience and functionality for a vintage property.
As a Stock Cooperative, this property may face more restrictive financing options and a smaller pool of eligible lenders compared to traditional fee-simple residential listings.
The use of virtually altered photos may create a gap between digital expectations and the actual physical condition of the home's refreshed finishes during in-person tours.
INCREDIBLE OPPORTUNITY: Tucked into the heart of Lockeland Springs in sought-after East Nashville, this charming historic home blends classic character with thoughtful updates and flexible living space. The main level offers a welcoming layout featuring two bedrooms, two full bathrooms, and an additional half bath for guests—ideal for both everyday living and entertaining. The home has been refreshed with practical, modern improvements that enhance comfort and livability while maintaining its original appeal. A bright and spacious living area flows seamlessly into a generously sized kitchen, providing plenty of room for gathering, cooking, and making the space your own. Downstairs, the finished basement adds valuable versatility with an additional bedroom and full bathroom—perfect for guests, a private suite, or a home office setup. Located just a few blocks from Shelby Park, you’ll enjoy easy access to green space, walking trails, and outdoor recreation, all while being only about five minutes from downtown Nashville’s vibrant dining, music, and entertainment scene. Some of the photos may have been virtually altered.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,790 | - |
| Lot Size | - | - |
| Price | $649.0K | $654.3K |
| Price per sq ft | $363 | $311 |
| Built year | 1923 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 339 |
Jul 14, 2026
$649,000
Initial Listing