2403 Underwood St, Nashville, TN 37208, Nashville, 37208 - 3 bed, 3 bath
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Nashville, TN 37208
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $568,293 Fair Market Value by 3%. This valuation gap offers $18,293 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a modernized granite kitchen, a finished basement, and an expansive deck. Located minutes from Germantown, this property balances urban lifestyle with functional, updated living space. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2403 Underwood St Subject | $550,000* List Price | 3 | 3 | 2,139 | $266 | - |
A 1615 24th Ave N Sold | $460,000 | 3 | 2 | 1,652 | $278 | 0.2 mi |
B 2520 Santi Ave Sold | $599,000 | 4 | 4 | 1,994 | $300 | 0.6 mi |
C 2305 Saint Louis St Sold | $560,000 | 3 | 3 | 1,950 | $287 | 0.7 mi |
D 1738 Dr Db Todd Jr Blvd Sold | $493,500 | 3 | 3 | 2,393 | $206 | 0.5 mi |
E 1629 11th Ave N Sold | $500,000 List Price | 3 | 3 | 1,910 | 0.7 mi | |
F 1629 11Th Ave N Sold | $403,900 List Price | 3 | 3 | 1,872 | 0.7 mi | |
G 1821 Underwood St Active | $444,900 List Price | 3 | 3 | 1,819 | $245 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen is fully modernized with granite countertops, subway tile, and stainless steel appliances, while the bathrooms feature contemporary dual vanities and fixtures. The home is in mint, move-in-ready condition with updated climate control in the finished basement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2139.
With over 2,100 sqft and a fully finished, climate-controlled basement, this home offers exceptional flexibility for a home office, gym, or guest suite, providing more functional square footage than typical area comps.
The property features a high-end updated kitchen with granite countertops and an oversized island, complemented by a spacious primary suite with a modern dual-vanity bath and walk-in closet.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2139, other record living area = 2369. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The assigned public schools currently hold lower performance ratings (ranging from 2 to 4), which may be a drawback for families prioritizing high-ranking educational districts.
Despite extensive updates, the 1956 original construction may present long-term maintenance considerations or structural limitations common in older homes compared to modern new builds.
Welcome to 2403 Underwood Street, a beautifully updated brick home offering the kind of space, flexibility, and value that is getting harder to find this close to the heart of Nashville. With 3 bedrooms, 3 full baths, multiple living areas, and a layout designed for everyday comfort and easy entertaining, this home lives larger than most in the area. The open kitchen features granite countertops, subway tile, stainless steel appliances, and an oversized island that anchors the main living space. The spacious primary suite offers a modern bath with dual vanities, a large walk-in closet, and the kind of separation buyers love. Downstairs, the finished basement is heated and cooled, providing incredible versatility for a second living area, media room, home office, guest space, or gym, adding even more functional square footage to the home. Outside, enjoy a screened-in porch, expansive deck, and a level backyard with room to host, garden, or unwind. Additional attic storage adds even more convenience. Located minutes from Germantown, downtown, I-40, Fisk Park, and the Buchanan Arts District, this is a rare opportunity to own a move-in-ready home with character, outdoor space, and potential access to 100% conventional financing with no PMI.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 7.1 mi
Grades 5-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,139 | 1,520 | 79% |
| Lot Size | 8,712 | 6,316 | 88% |
| Price | $550.0K | $350.0K | 71% |
| Price per sq ft | $257 | $274 | 41% |
| Built year | 1956 | 1955 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 591 | 1% |
Apr 22, 2026
$550,000
Initial Listing