
Nashville, TN 37207
This East Nashville Cottage is a Strong Value Opportunity, listed at $660,000—positioned well below the $606,574 Fair Market Value by -8%. While the list price exceeds the current valuation, the property offers significant Income Potential & Versatility through its private living suite. Featuring a Good Condition Rating following a 2018 "down to the studs" renovation, this home includes a Detached Oversized Garage and Encapsulated Crawl Space. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2028 Jones Cir Subject | $660,000* List Price | 3 | 4 | 1,917 | $316 | - |
A 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.1 mi |
B 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.1 mi |
C 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.1 mi |
D 1710 Lischey Ave Sold | $620,000 | 3 | 2 | 1,448 | $428 | 0.4 mi |
E 1710 Lischey Ave Sold | $620,000 | 2 | 1 | 1,391 | $446 | 0.4 mi |
F 31 Gerald St Active | $650,000 List Price | 4 | 2 | 1,550 | $419 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a full 'down to the studs' renovation in 2018, making the updates approximately 8 years old. The kitchen and bathrooms feature modern finishes, including granite countertops and stainless steel appliances. With an encapsulated crawl space and well-maintained systems, the home is functional and move-in ready, fitting the 5-15 year renovation criteria for a Good rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1917.
The property features a private living suite with its own bedroom, living room, and full bath, offering proven success as a short-term or long-term rental or a flexible in-law suite.
Taken down to the studs in 2018, this home offers modern peace of mind with updated systems, an encapsulated crawl space, and high-end finishes while maintaining its classic cottage charm.
The assigned middle and high schools carry low ratings (2/10), which may be a significant drawback for families prioritizing public education and could impact future resale value.
Despite the extensive 2018 remodel, the 1948 original structure may still present some legacy limitations in layout or infrastructure compared to modern new-construction homes.
Seller Offering $5,000 Toward Buyer's Closing Costs & Prepaids! Beautifully Renovated East Nashville Cottage with Income-Producing Potential! Experience the perfect blend of historic East Nashville charm and modern living in this beautifully renovated cottage, completely remodeled down to the studs in 2018. Ideally located minutes from Crema Coffee, East Nashville Beer Works, Five Points, Germantown, The Gulch, 12 South, downtown Nashville, and the rapidly growing Dickerson Pike corridor, this move-in-ready home offers style, flexibility, and investment potential. Inside, you'll find an inviting open-concept floor plan filled with natural light, custom finishes, and fresh interior paint. Spacious bedrooms each feature a private en-suite bathroom and oversized closet, while the first-floor guest bedroom showcases newly updated flooring. Additional upgrades include an encapsulated crawl space with a dehumidifier and lifetime-warranty gutter guards. Enjoy the fully fenced, oversized backyard, perfect for entertaining, gardening, or relaxing. The detached oversized garage provides abundant space for parking, storage, a workshop, or hobby space. A standout feature is the private rear living area with its own bedroom, living room, and full bathroom. Perfect for an in-law suite, guest quarters, a home office, or an income-producing rental, this flexible space consistently rented for $1,200-$1,500 per month with approximately 100% occupancy during the seller's ownership. Current Airbnb market analysis indicates the potential for approximately $2,000 per month in OO short-term rental income. Whether you're searching for your forever home, a multi-generational living solution, or a property with proven income potential, this East Nashville gem offers the perfect combination of location, lifestyle, and opportunity.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,917 | - |
| Lot Size | 12,632 | - |
| Price | $660.0K | $556.8K |
| Price per sq ft | $344 | $306 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 484 |
Jun 16, 2026
$660,000
Initial Listing