
Nashville, TN 37212
This historic bungalow represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned above the $1,030,884 Fair Market Value. While the price reflects the premium location, the property offers significant upside through its 4,000-square-foot expansion potential and DADU capability. Featuring a Condition Rating of 3, the home includes modernized infrastructure like updated HVAC and electrical. Its proximity to Belmont University ensures high rental demand, making this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a premier Nashville neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1712 Villa Pl Subject | $950,000* List Price | 4 | 2 | 1,902 | $504 | - |
A 1303 Ashwood Ave Sold | $1,070,000 | 3 | 3 | 2,215 | $483 | 0.6 mi |
B 1303 15th Ave S Sold | $730,000 List Price | 4 | 2 | 1,704 | 0.3 mi | |
C 1004 Villa Pl Sold | $915,000 | 2 | 3 | 1,650 | $555 | 0.6 mi |
D 1004 Villa Pl Sold | $915,000 | 3 | 4 | 2,494 | $367 | 0.6 mi |
E 1230 Villa Pl Active | $995,000 List Price | 3 | 3 | 2,399 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1930, the property features completely updated systems including modern HVAC, 200-amp electrical, newer roof, and plumbing. The kitchen has been renovated with granite countertops and updated cabinetry within a timeframe that keeps it functional and move-in ready, though some original elements like hardwood floors show age-appropriate wear.
Situated just four doors from Belmont University and within walking distance to 12 South and Hillsboro Village, the property offers an elite urban lifestyle with high rental demand.
Despite its 1930s charm, the home features fully updated systems including modern HVAC, 200-amp electrical, newer windows, and an encapsulated basement, ensuring immediate move-in readiness.
The level 50x160 lot allows for a 4,000-square-foot expansion and the addition of a Detached Accessory Dwelling Unit (DADU) via rear alley access, providing massive value-add opportunities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1902, other record living area = 1638. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Being within the Edgehill Historic Conservation Overlay means any exterior renovations or expansions must adhere to specific preservation guidelines, which can limit design flexibility.
At a $1.1M price point for 1,902 square feet, the current valuation heavily weights the land and future potential rather than the existing finished living space.
Historic 1930s Bungalow with Massive Expansion Potential! Enjoy the ultimate Nashville lifestyle in this move-in-ready historic bungalow, situated just four doors from Belmont University. Presently at 1,900 SF this home offers vintage character and total peace of mind with completely updated systems including modern HVAC, 200-amp electrical wiring, newer windows, updated plumbing, a newer roof, and encapsulated basement. Create income now with this highly-desirable rental opportunity…or… take advantage of the incredible renovation and expansion possibilities. Located on a level 50x160 lot within the Edgehill Historic Conservation Overlay, this property offers compliant Expansion for your 4,000-square-foot dream home while preserving it’s character and enjoying a spacious backyard and a rear-entry garage. The lot also offers possibility of a detached accessory dwelling unit (DADU) over the garage, backing up to a rear alley for excellent privacy! You are a 5-minute walk to Belmont University, a short bike ride to the trendy boutiques, coffee shops, and dining destinations of 12 South, Hillsboro Village, and Edgehill Village, and just minutes from Vanderbilt and Downtown Nashville.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,902 | - |
| Lot Size | 7,405 | - |
| Price | $950.0K | $556.8K |
| Price per sq ft | $499 | $306 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 484 |
Jul 9, 2026
$950,000
$1,100,000
-14% Price Drop
Initial Listing
Jun 26, 2026
$1,100,000
Initial Listing