203 Cherokee Rd, Nashville, TN 37205, Nashville, 37205 - 3 bed, 4 bath
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203 Cherokee Rd
Nashville, TN 37205
ACTIVE
CONDITION: FAIR
3Beds
4Baths
2,932Sq Ft
0Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,153,325
4% AboveMARKET VALUE
SUMMARY
This 1920 historic residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,200,000—positioned well below the $1,153,325 Fair Market Value by -4%. While the property requires modernization due to its Condition Rating of 4, the expansive lot size and prime Cherokee Park location provide significant upside. Zoned for the highly-rated Sylvan Park Paideia Design Center, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to restore a vintage property in a prestigious Nashville neighborhood.
Estimated Market Value
$1,153,325
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Cherokee Rd Subject 3 bd · 4 ba · 2,932 sqft · $393 | $1,200,000* List Price | 3 | 4 | 2,932 | $393 | - |
A 216 Lauderdale Rd Sold 4 bd · 3 ba · 2,793 sqft · $484 · 0.1 mi | $1,351,000 | 4 | 3 | 2,793 | $484 | 0.1 mi |
B 214 Cherokee Rd Sold 3 bd · 2 ba · 1,896 sqft · $480 · 0.1 mi | $910,000 | 3 | 2 | 1,896 | $480 | 0.1 mi |
C 3807 Princeton Ave Sold 2 bd · 2 ba · 1,887 sqft · $450 · 0.4 mi | $850,000 | 2 | 2 | 1,887 | $450 | 0.4 mi |
D 79 Concord Park W Sold 3 bd · 4 ba · 3,800 sqft · $395 · 0.9 mi | $1,500,000 | 3 | 4 | 3,800 | $395 | 0.9 mi |
E 214 Lauderdale Rd Active 3 bd · 3 ba · 3,107 sqft · $402 · 0.1 mi | $1,250,000 List Price | 3 | 3 | 3,107 | $402 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1920, this century-old property is significantly aged. While the exterior appears intact, the price point and age suggest that the kitchen, bathrooms, and major systems are likely dated (15-30+ years) and require modernization to meet current market standards for the Cherokee Park area.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2495.
- Prime Historic Location
Situated in the prestigious Cherokee Park neighborhood within the 37205 zip code, this property offers exceptional proximity to Nashville's top amenities and maintains high long-term residential value.
- Vintage Architectural Charm
Built in 1920, this home provides the unique character, craftsmanship, and timeless aesthetic of a historic residence that is increasingly rare in the local market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2932, other record living area = 2495. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Century-Old Infrastructure
Given the 1920 construction date, the property likely requires specialized maintenance and potential updates to aging systems such as plumbing, electrical, and insulation to meet modern efficiency standards.
- Average Secondary School Ratings
While the elementary school is a highlight, the assigned middle and high schools carry lower ratings of 4, which may be a deterrent for families prioritizing a high-performing K-12 school pipeline.
About 203 Cherokee Rd
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Sylvan Park Paideia Design Center
Grades PK-4 • 0.9 mi
7/10
West End Middle School
Grades 5-8 • 0.8 mi
4/10
Hillsboro High School
Grades 9-12 • 2.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,932 | 2,045.139 |
| Lot Size | - | 10,890 |
| Price | $1.20M | $556.0K |
| Price per sq ft | $409 | $305 |
| Built year | 1920 | 1971 |
| HOA | $0 | $133 |
| Days on market | 43 | 70 |
Pricing History
Listed for Sale
Sep 11, 2026
$1,200,000
Initial Listing