1815 Underwood St, Nashville, TN 37208, Nashville, 37208 - 3 bed, 2 bath
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Nashville, TN 37208
This Turnkey Residential Asset is listed at $459,000, positioned to reflect its Fully Furnished status and proven income history relative to the $422,567 Fair Market Value. Boasting a Mint Condition Rating, the home features a freshly repainted interior, new kitchen appliances, and a private back deck. The property offers significant long-term utility through DADU Eligibility on the 7,405 sqft lot and a successful Mid-Term Rental Income history averaging $2,875 monthly. This move-in-ready residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow and urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1815 Underwood St Subject | $459,000* List Price | 3 | 2 | 1,461 | $289 | - |
A 1615 24th Ave N Sold | $460,000 | 3 | 2 | 1,652 | $278 | 0.4 mi |
B 1746 22nd Ave N Sold | $340,000 | 3 | 2 | 1,250 | $272 | 0.5 mi |
C 2605 Deerfield Dr Sold | $385,000 | 3 | 2 | 1,406 | $274 | 1.0 mi |
D 2408 Albion St Sold | $342,000 | 3 | 1 | 1,245 | $275 | 0.5 mi |
E 2308 Saint Louis St Sold | $422,000 | 3 | 2 | 1,273 | $332 | 0.7 mi |
F 2308 Saint Louis St Sold | $422,000 | 3 | 2 | 1,273 | $332 | 0.7 mi |
G 1522 22nd Ave N Active | $425,000 List Price | 3 | 2 | 1,350 | $315 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1933, the property has undergone a recent high-end renovation (likely within the last 5 years). It features a modern kitchen with brand new appliances, updated bathrooms with contemporary subway tile, new flooring throughout, recessed lighting, and a freshly painted interior, meeting the criteria for mint condition and move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1461.
The property is sold fully furnished with a proven track record as a successful mid-term rental averaging $2,875 per month, offering immediate cash flow and utility for investors.
The lot is DADU (Detached Accessory Dwelling Unit) eligible, providing a significant opportunity for owners to add value or generate additional rental income through secondary construction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1461, other record living area = 1410. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families prioritizing high-performing educational environments.
Built in 1933, the home's age may present underlying maintenance requirements or the need for future system upgrades common in properties of this era.
This charming and conveniently located 3-bedroom, 2-bathroom home offers the perfect mix of city living and a quiet place to unwind. Inside, you’ll find a freshly repainted interior filled with natural light and a comfortable, open layout. The kitchen features a brand new range and dishwasher, and the home is being sold fully furnished—making it truly move-in ready. It has also been a successful mid-term rental, averaging $2,875 a month, offering great potential for continued income. Out back, the fully fenced yard provides privacy and space to relax or entertain. The lot is also DADU eligible, adding future possibilities. Whether you're looking for a place to call home or a turnkey investment, this property checks all the boxes.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades PK-4 • 7.4 mi
Grades 5-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,461 | 1,406 | 56% |
| Lot Size | 7,405 | 6,534 | 69% |
| Price | $459.0K | $350.0K | 66% |
| Price per sq ft | $314 | $277 | 63% |
| Built year | 1933 | 1955 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 767 | 1% |
Mar 1, 2026
$459,000
Initial Listing