
Nashville, TN 37212
This 12 South Bungalow represents a Strong Value Opportunity, listed at $1,499,900—positioned well below the $1,494,038 Fair Market Value (effectively priced at market). Featuring a Good Condition Rating with 2016 renovations, a Newer Florida Room, and a Pool and Hot Tub, the property offers immediate lifestyle appeal. With HPR Zoning and no historic overlay, the lot provides significant development upside. This is a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking a premium location adjacent to Belmont University.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2112 Eastwood Ave Subject | $1,384,900* List Price | 3 | 2 | 2,495 | $545 | - |
A 2015 Linden Ave Sold | $1,372,500 | 3 | 3 | 2,628 | $522 | 0.7 mi |
B 2015 Linden Ave Sold | $1,372,500 | 4 | 3 | 2,843 | $483 | 0.7 mi |
C 1804 Cedar Ln Sold | $975,000 | 4 | 3 | 2,195 | $444 | 0.7 mi |
D 1411 Beechwood Ave Sold | $1,200,000 List Price | 2 | 3 | 2,849 | 0.3 mi | |
E 1303 Ashwood Ave Active | $1,100,000 List Price | 3 | 3 | 2,215 | $497 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1930, the property underwent a comprehensive renovation in 2016 (10 years ago relative to the 2026 listing date) including the kitchen, bathrooms, and windows. With a 2012 roof and 2024 pool decking, the home is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a Good rating.
Situated in the highly coveted 12 South neighborhood with HPR zoning for a second residence and no historic overlay, this property offers exceptional upside for developers or those looking to build a secondary unit.
Directly adjacent to the Belmont University campus and within their long-term acquisition footprint, the property serves as a high-demand rental for students or a secure long-term land bank investment.
The home is move-in ready with significant 2016 renovations, a 2012 roof, and rare urban outdoor features including a pool, hot tub, and off-street parking for four vehicles.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Despite 2016 updates, the 1930s-built structure may require more intensive maintenance or system upgrades to match the performance of the $2.8M new construction nearby.
At a $1.499M price point, the property sits at a premium for buyers looking to renovate, potentially narrowing the margin for those not intending to utilize the HPR development rights.
INCREDIBLE 12 South location with vista views! Walk one block to the new shops in 12 South. Directly adjacent to Belmont campus and within their long-term acquisition footprint. This is a perfect opportunity for someone looking to cast their vision on a classic bungalow that has been updated and expanded. Currently move-in ready with off-street parking for four cars in front and a driveway off the alley. Newer Florida room with views! Zoning will allow a second residence on the property via HPR, the lot is 64' wide. The back portion of the lot is currently dedicated to a pool, hot tub and pool deck. Newer HPR next door, new construction across the street for $2.8M. This pocket is not in the historic overlay. This could be a strategic investment property for students or a premium location for renovation and/or development. 2016 Upgrades include new kitchen, new windows, bathroom remodel, ceilings updated, built-ins and the entire house painted. New 30 year Roof in 2012. New decking around the pool in 2024.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,495 | - |
| Lot Size | 9,148 | - |
| Price | $1.38M | $559.9K |
| Price per sq ft | $555 | $306 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 80 | 451 |
Jun 4, 2026
$1,384,900
$1,499,900
-8% Price Drop
Initial Listing
Apr 6, 2026
$1,499,900
Initial Listing
Dec 27, 1996
$59,500
Public Record