
Nashville, TN 37207
This Fully Renovated Modern Cottage is a High-Potential Investment Opportunity, listed at $430,000—positioned well below the $540,249 Fair Market Value by 20%. This valuation gap offers $110,249 in Instant Equity. Boasting an Excellent Condition Rating from a 2023 "down to the studs" rebuild, the home features vaulted ceilings, quartz countertops, and a spacious deck on an expansive lot. Located minutes from East Nashville, it perfectly balances turnkey lifestyle with financial upside. This is an ideal match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1851 Joy Cir Subject | $430,000* List Price | 2 | 1 | 877 | $616 | - |
A 310 Edith Ave Sold | $389,000 List Price | 2 | 1 | 1,017 | 0.3 mi | |
B 1318 N 6th St Sold | $375,000 | 3 | 1 | 926 | $405 | 0.5 mi |
C 1318 N 6th St Sold | $375,000 | 3 | 1 | 926 | $405 | 0.5 mi |
D 711 Cherokee Ave Sold | $422,000 | 2 | 2 | 1,170 | $361 | 0.1 mi |
E 1215 Stainback Ave Sold | $499,900 List Price | 2 | 1 | 910 | 0.7 mi | |
F 1115 N 7th St Sold | $400,000 | 2 | 2 | 754 | $531 | 0.8 mi |
G 509 Wesley Ave Active | $349,999 List Price | 2 | 1 | 768 | $456 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive 'down to the studs' renovation in late 2023, effectively making it a like-new home. It features modern high-end finishes including vaulted ceilings, new hardwood flooring throughout, and a contemporary kitchen with quartz countertops and stainless steel appliances. All major systems, fixtures, and surfaces are new or virtually new, meeting the criteria for excellent condition with no deferred maintenance.
The property was taken down to the studs and completely rebuilt in late 2023, offering modern efficiency, vaulted ceilings, and high-end quartz finishes in a turnkey, move-in-ready condition.
Boasting one of the larger lots in the Joywood area, the property features a fully fenced yard and a spacious deck, providing excellent space for pets, entertaining, or future expansion potential.
Situated minutes from East Nashville and Germantown, this home is located in a rapidly appreciating area with quick access to premier dining, shopping, and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 877, other record living area = 915.
With only 877 square feet and a single bathroom, the compact footprint may be a drawback for families or buyers requiring more living area and privacy.
The assigned middle and high schools carry low ratings of 2, which may impact the property's appeal to families and affect long-term resale value.
Fully renovated and move-in ready, this charming cottage in the sought-after Joywood area—just minutes from East Nashville—offers style, efficiency, and strong investment appeal. Taken down to the studs and completely rebuilt in late 2023, this 2-bedroom, 1-bath home blends classic character with modern finishes throughout. Step inside to discover vaulted ceilings that elevate the main living space, complemented by beautifully finished hardwood floors and abundant natural light. The kitchen is outfitted with sleek quartz countertops and flows seamlessly into the living area—perfect for everyday living or entertaining. A stunning exposed fireplace adds visual charm and serves as a unique focal point (non-operable, with potential for an electric insert). Both the kitchen and bathroom feature matching quartz surfaces, creating a cohesive, high-end feel across the home. Outside, enjoy one of the larger lots in the area—fully fenced and ideal for pets, gatherings, or future expansion potential. The spacious deck is perfect for entertaining or relaxing evenings at home. Conveniently located near both East Nashville and Germantown, you’ll have quick access to some of the city’s best dining, shopping, and entertainment options. Ideal for first-time buyers or investors seeking a turnkey rental opportunity in a rapidly appreciating area—this one checks all the boxes.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 877 | 1,495.5 | 5% |
| Lot Size | 6,970 | 8,712 | 28% |
| Price | $430.0K | $377.4K | 67% |
| Price per sq ft | $490 | $240 | 97% |
| Built year | 1940 | 1970 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 358 | 0% |
Mar 11, 2026
$430,000
Initial Listing
Dec 1, 1997
$32,500
Public Record