
Nashville, TN 37204
This Versatile Hybrid Property is a High-Potential Investment Opportunity, listed at $1,149,000—positioned well below the $1,207,585 Fair Market Value by 4%. This valuation gap offers $58,585 in Instant Equity. Boasting an Excellent Condition Rating with a 2024 roof and updated primary suite, the home features a private-entry lower level perfect for rental income. Its 12 South location provides unmatched walkability, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home with income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500B 9th Ave S Subject | $1,049,000* List Price | 3 | 4 | 2,494 | $407 | - |
A 2815A W Kirkwood Ave Sold | $952,500 | 3 | 4 | 2,708 | $352 | 0.2 mi |
B 2022B 10th Ave S Sold | $1,050,000 | 4 | 3 | 2,550 | $412 | 0.5 mi |
C 2212 Grantland Ave Sold | $1,190,000 | 4 | 4 | 2,951 | $403 | 0.6 mi |
D 965B Draughon Ave Sold | $1,362,500 | 4 | 3 | 3,150 | $433 | 1.0 mi |
E 821 Knox Ave Active | $1,099,999 List Price | 4 | 3 | 2,529 | $435 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2010, the property qualifies for Excellent due to significant recent updates (<5y) including a new roof in 2024 and a recently renovated primary suite and bath. The home features high-end, well-maintained systems such as a Carrier HVAC and Tankless Rinnai water heater. Interior finishes like hardwoods, granite, and plantation shutters are in mint condition with no visible deferred maintenance.
Situated in the highly coveted 12 South neighborhood, this property offers exceptional walkability to local dining and shopping while remaining just minutes from downtown Nashville.
The lower level features a private entrance, full bath, and media room setup, providing excellent potential for a separate rental unit, guest suite, or multi-generational living.
The home is well-maintained with significant upgrades including a new roof installed in 2024, a recently updated primary suite, and high-efficiency systems like a tankless water heater.
The property is part of a shared 0.44-acre Horizontal Property Regime (HPR), which may limit exclusive land use and privacy compared to a traditional fee-simple lot.
Listed as a Stock Cooperative, this rare ownership type for the Nashville market can often lead to more complex financing requirements and a smaller pool of eligible lenders.
Incredible LOCATION at the end of Gilmore and 9th Ave in 12 South! Walkable three blocks to 12 South restaurants and shopping! Minutes to downtown. Spacious living & park-like expansive backyard. New roof in 2024. Recently updated primary suite & bath, massive walk-in closet with built-ins. Plantation shutters throughout. Large bedroom downstairs with private entrance and full bath that can also be used as media/theater room with Projector, surround sound and screen to remain. This lower level space could be rented out separate, has separate entrance. Additional huge walk-in unfinished storage/storm shelter at bottom of stairs and under front porch. Covered carport, plus additional parking in front AND back of home. Great for entertaining. No HOA fees. Very well maintained home. Park like backyard in common green space that is not being developed. Great back deck too. Home is wonderful for entertaining, back yard fire pit. 0.44 acre shared HPR lot. All appliances remain including washer and dryer, granite countertops. Tankless Rinai water heater, Carrier HVAC. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 4.0 | 3.5 |
| Square foot | 2,494 | 2,315.405 |
| Lot Size | 19,166 | 1,307 |
| Price | $1.05M | $716.1K |
| Price per sq ft | $421 | $313 |
| Built year | 2010 | 2020 |
| HOA | $0 | $197 |
| Days on market | 105 | 87 |
Aug 15, 2026
$1,049,000
$1,099,000
-5% Price Drop
Initial Listing
Jul 21, 2026
$1,099,000
$1,149,000
-4% Price Drop
Initial Listing
May 27, 2026
$1,149,000
Initial Listing