206 Manchester Ave, Nashville, TN 37206, Nashville, 37206 - 2 bed, 1 bath
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206 Manchester Ave
Nashville, TN 37206
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,229Sq Ft
8,276Lot Size
Property Price
LIST PRICE$510,000
EST. MARKET VALUE
$467,187
9% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $510,000—positioned well below the $467,188 Fair Market Value by -9%. While the home maintains a Fair Condition Rating (4), its historic 1923 character and large lot size provide a solid foundation for value-add renovations. The kitchen is functional, though dated, offering a clear path for modernization. Located in a highly walkable East Nashville neighborhood, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through cosmetic updates.
Estimated Market Value
$467,187
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 |
|---|---|---|---|---|---|---|
★ 206 Manchester Ave Subject 2 bd · 1 ba · 1,229 sqft · $380 | $510,000* List Price | 2 | 1 | 1,229 | $380 | - |
A 1914 Scott Ave Sold 3 bd · 2 ba · 1,106 sqft · $411 · 0.6 mi | $455,000 | 3 | 2 | 1,106 | $411 | 0.6 mi |
B 932 Sharpe Ave Sold 3 bd · 2 ba · 1,152 sqft · $434 · 1.0 mi | $499,900 | 3 | 2 | 1,152 | $434 | 1.0 mi |
C 815 Powers Ave Sold 2 bd · 2 ba · 866 sqft · $473 · 0.3 mi | $410,000 | 2 | 2 | 866 | $473 | 0.3 mi |
D 1323 Chester Ave Sold 2 bd · 1 ba · 792 sqft · $505 · 0.7 mi | $399,900 | 2 | 1 | 792 | $505 | 0.7 mi |
E 1708 Fatherland St Sold 4 bd · 3 ba · 1,600 sqft · $313 · 0.9 mi | $500,000 | 4 | 3 | 1,600 | $313 | 0.9 mi |
F 817 Setliff Pl Active 3 bd · 2 ba · 1,650 sqft · $303 · 0.2 mi | $499,900 List Price | 3 | 2 | 1,650 | $303 | 0.2 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 1923, this historic home is functional and livable but features a highly dated kitchen with older painted cabinetry and laminate countertops. The interior finishes, including the carpet and windows, are older and require cosmetic updates and modernization.
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 = 8276, living area = 1229.
- Prime Walkable Location
Situated in Historic East Nashville, the property is within walking distance to the popular Eastland Avenue restaurant scene and local neighborhood destinations.
- Historic Architectural Charm
Built in 1923, the home features classic character including tall ceilings, large windows, a fireplace, and a traditional covered front porch.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
With only one bathroom serving two bedrooms and over 1,200 square feet, the layout may be less convenient for guests or multi-occupant households.
- Low School Ratings
The assigned high school currently holds a low rating of 2, which could be a significant consideration for families prioritizing local educational performance.
About 206 Manchester Ave
Charming home in Historic East Nashville with classic character, tall ceilings, large windows, spacious rooms, a fireplace, and a covered front porch. The kitchen offers abundant cabinet space, a pantry, and stainless appliances, while the fenced backyard provides plenty of room for outdoor living. Located just walking distance to the Eastland Ave restaurant scene, with easy access to some of East Nashville’s favorite dining, coffee, and neighborhood destinations. A great opportunity to enjoy the charm, convenience, and lifestyle of one of Nashville’s most established neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Rosebank Elementary School
Grades PK-4 • 0.9 mi
4/10
Warner Elementary Enhanced Option School
Grades PK-4 • 1.7 mi
5/10
Bailey Middle School
Grades 5-8 • 0.2 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,229 | 2,045.139 |
| Lot Size | 8,276 | 10,890 |
| Price | $510.0K | $556.0K |
| Price per sq ft | $415 | $305 |
| Built year | 1923 | 1971 |
| HOA | $0 | $133 |
| Days on market | 30 | 70 |
Pricing History
Listed for Sale
Sep 24, 2026
$510,000
Initial Listing