1823 3rd Ave N, Nashville, TN 37208, Nashville, 37208 - 5 bed, 4 bath
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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 | $374 | - |
A 1705 5Th Ave N Sold | $1,080,000 | 4 | 4 | 2,907 | $372 | 0.3 mi |
B 1525 12th Ave N Active | $0 List Price | 5 | 4 | 3,490 | 0.9 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.
Experience the charm of Southern living in this exquisite home located in the sought-after Salemtown/Germantown area. This elegant residence, with furnishings available, offers 4 bedrooms and 3.5 baths across 3,603 sq. ft. of beautifully designed living space. The open floor plan on the first floor features a spacious kitchen, perfect for culinary enthusiasts, and a serene primary bedroom with back porch access for ultimate relaxation. The second floor hosts an entertainment room complete with a wet bar, ideal for hosting gatherings. Ascend to the third floor to discover a large entertaining room with skylights, which can also serve as a fifth bedroom if desired. Enjoy the outdoors in the lovely yard or unwind on one of the three inviting porches. With exceptional walkability, this prime location offers easy access to the greenway, the local farmers market, and some of the best restaurants in the area, making it perfect for those who love to explore and enjoy the local community. Additionally, there is the possibility of expanding the garage with a second floor, providing additional living space or the opportunity for rental income.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,603 | 1,520 | 97% |
| Lot Size | 8,712 | 6,316 | 88% |
| Price | $1.24M | $350.0K | 96% |
| Price per sq ft | $344 | $274 | 75% |
| Built year | 2017 | 1955 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 591 | 1% |
Apr 16, 2026
$1,239,000
Initial Listing