2602 Colbert Dr, Nashville, TN 37206, Nashville, 37206 - 3 bed, 2 bath
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This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $551,074 Fair Market Value by 0.19%. Featuring a Mint Condition Rating with a fully encapsulated crawlspace and updated systems, this home offers immediate peace of mind. The expansive 0.44-acre lot provides rare urban privacy near the Shelby Bottoms Greenway. While school ratings are modest, the property’s prime location and recent capital improvements make it an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2602 Colbert Dr Subject 3 bd · 2 ba · 1,325 sqft · $416 | $550,000* List Price | 3 | 2 | 1,325 | $416 | - |
A 1047 Mitchell Rd Sold 3 bd · 1 ba · 1,474 sqft · $407 · 0.7 mi | $600,000 | 3 | 1 | 1,474 | $407 | 0.7 mi |
B 1601 Lethia Dr Sold 3 bd · 2 ba · 1,653 sqft · $363 · 0.3 mi | $600,000 | 3 | 2 | 1,653 | $363 | 0.3 mi |
C 866 Beth Dr Sold 3 bd · 2 ba · 1,532 sqft · $343 · 0.6 mi | $525,000 | 3 | 2 | 1,532 | $343 | 0.6 mi |
D 2604 Colbert Dr Active 3 bd · 2 ba · 1,587 sqft · $347 · 0.0 mi | $549,900 List Price | 3 | 2 | 1,587 | $347 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive renovation. All major systems including the roof, HVAC, windows, water heater, and appliances have been replaced. The kitchen is updated, and the encapsulated crawlspace indicates high-level maintenance, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 1325.
The property features significant capital improvements including a new roof, windows, HVAC, and water heater, alongside an encapsulated crawlspace, offering peace of mind and reduced maintenance costs for the buyer.
Situated just a quarter-mile from Shelby Bottoms Greenway and close to the Five Points area, the home offers exceptional access to outdoor recreation and Nashville's premier dining and entertainment scene.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools, including Inglewood Elementary and Stratford High, currently hold low performance ratings, which may be a concern for families prioritizing district quality.
With 1,325 square feet for a three-bedroom home, the interior living spaces may feel compact compared to modern construction or larger renovated alternatives in the neighborhood.
Charming East Nashville home with hardwood floors, a bright updated kitchen, flexible living spaces, a stone fireplace, covered parking, storage shed, and a large yard with mature trees. Roof, gutters, windows, HVAC, appliances and water heater have all been replaced. Crawlspace has been encapsulated. Convenient to East Nashville dining, coffee shops, breweries, bars, music venues, and the walkable Five Points area. 1/4th mile to the airfield entrance for Shelby Bottoms Greenway and Shelby Park system, offering miles of paved greenway, nature trails, biking, walking, live concerts, and access to the Cumberland River corridor.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,325 | 2,045.139 |
| Lot Size | 19,166 | 10,890 |
| Price | $550.0K | $556.0K |
| Price per sq ft | $415 | $305 |
| Built year | 1960 | 1971 |
| HOA | $0 | $133 |
| Days on market | 31 | 70 |
Sep 23, 2026
$550,000
Initial Listing