
Nashville, TN 37208
This Modern Salemtown Residence is a Strong Value Opportunity, listed at $1,239,000—positioned well below the $1,346,776 Fair Market Value by 8%. This valuation gap offers $107,776 in Instant Equity. Boasting an Excellent Condition Rating, the 2017-built home features a modern kitchen, hardwood flooring, and a private deck. With 3,603 sq. ft. and potential for a garage apartment expansion, it offers significant rental upside in a walkable urban core. This is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors targeting high-demand Nashville rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1823 3rd Ave N Subject | $1,239,000* List Price | 5 | 4 | 3,603 | $344 | - |
A 1705 5Th Ave N Sold | $1,080,000 | 4 | 4 | 2,907 | $372 | 0.3 mi |
B 1606 10th Ave N Active | $1,400,000 List Price | 5 | 4 | 4,298 | $326 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this 7-year-old home meets the under 10-year criteria for excellent condition. The interior features a modern kitchen with high-end stone countertops, contemporary cabinetry, and hardwood flooring throughout. The systems and structure appear to be in mint condition with no visible maintenance requirements.
Situated in the highly sought-after Salemtown/Germantown area, this home offers exceptional walkability to the Nashville Farmers' Market, the greenway, and some of the city's most acclaimed restaurants.
With 3,603 sq. ft. of living space, the home features multiple entertainment zones, including a second-floor wet bar, a third-floor flex room with skylights, and three separate porches for seamless indoor-outdoor living.
The property includes the rare possibility of expanding the garage with a second floor, offering a clear path for future equity growth or the creation of a rental unit for additional income.
The assigned public schools for this location have low ratings, ranging from 2 to 4, which may be a significant concern for families prioritizing local educational performance.
At a list price of $1,239,000, the property sits at the higher end of the local market, which may limit the pool of eligible buyers despite its extensive square footage and modern 2017 construction.
Rare 3,603 sq ft Salemtown estate! Main-level primary suite, 3 porches, 3rd-floor sky-lounge, optional furnishings & garage expansion upside! Spanning over 3,600 square feet of crafted living space, this urban residence combines classic architectural scale with rare multi-level versatility in the Salemtown/Germantown enclave. The main floor centers on an open-concept chef’s kitchen and expansive living space, anchored by a serene main-level primary retreat featuring direct private access to the rear covered porch. The second floor features a dedicated entertainment lounge with a built-in wet bar, flanked by spacious guest rooms. Ascend to the third floor to discover a dramatic, skylit multi-use loft—ideal as a state-of-the-art media room, executive office suite, creative studio, or optional fifth bedroom. Outdoor living excels across three distinct covered porches overlooking a private yard. Equipped with optional turnkey designer furnishings and rare equity upside—including the potential to build a second-story guest suite or income studio above the detached garage—this home delivers unmatched scale blocks from the Farmers Market, greenway trails, and award-winning Germantown dining.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades K-4 • 13.4 mi
Grades 5-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,603 | 2,093.129 |
| Lot Size | 8,712 | 10,890 |
| Price | $1.24M | $568.3K |
| Price per sq ft | $344 | $307 |
| Built year | 2017 | 1971 |
| HOA | $0 | $137 |
| Days on market | 146 | 69 |
Apr 16, 2026
$1,239,000
Initial Listing