
Nashville, TN 37206
This property represents a High-Potential Investment Opportunity, listed at $1,000,000—positioned slightly above the $965,343 Fair Market Value. While the price reflects a premium, the Duplex Zoning and Detached DADU provide a rare, multi-stream income model in the heart of Lockeland Springs. With a Turnkey Condition Rating and recent renovations, the property minimizes immediate capital expenditure. Its deep lot and extensive parking offer a competitive advantage for high-demand rentals. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 S 14th St Subject 0 bd · 0 ba · 3,281 sqft · $294 | $1,000,000* List Price | 0 | 0 | 3,281 | $294 | - |
A 923 S 13th Ct Active 0 bd · 0 ba · 3,060 sqft · $270 · 0.7 mi | $824,900 List Price | 0 | 0 | 3,060 | $270 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1930, the property has undergone extensive recent renovations within the last 5 years. It features a newly constructed DADU with modern finishes, updated kitchens with stainless steel appliances, refreshed exterior porches, and modern interior systems and cosmetics, offering a turnkey condition.
Zoned as a duplex with a modern detached DADU and a flexible main house layout, this property offers up to four distinct rental opportunities, maximizing ROI and investment versatility.
Situated in the heart of Lockeland Springs, the property boasts exceptional walkability to Five Points and local favorites, ensuring consistently high tenant demand in a premier neighborhood.
The extra-deep lot provides rare and extensive parking options, including a private driveway and rear alley access, which is a significant competitive advantage for a multi-unit urban property.
Managing up to four separate rental units within a single property requires intensive oversight, tenant coordination, and maintenance logistics that may not suit passive investors.
The property is zoned for Stratford Comp High School, which currently holds a low rating, potentially limiting the long-term appeal for tenants with school-aged children.
A rare income-producing opportunity in the heart of Lockeland Springs, one of East Nashville’s most desirable and walkable neighborhoods. Zoned as a duplex, this property offers even more flexibility thanks to a detached DADU built within the last few years and a layout that creates the potential for FOUR separate rental opportunities- some fully furnished. The main house consists of two sides, with one side offering a layout that works exceptionally well for a roommate-style lease—effectively creating three distinct rental spaces within the main home. Add the 806 sq. ft. detached DADU with 1 bedroom, 1.5 baths and modern finishes, and you have an incredibly versatile property with multiple ways to generate income. Live in one and rent the others, or utilize the entire property as an investment. Currently fully occupied by wonderful tenants, the property has a strong rental history and the existing rents offer room for future upside. The units have proven easy to rent—a major advantage in a location where demand remains strong. Situated on an extra-deep lot with an impressive amount of parking for the neighborhood, including a driveway, multiple parking spaces off the rear alley, plus street parking. The exterior has also received recent updates, including refreshed porches and decks and new paint. Two sets of laundry machines are included, and furnishings can convey for buyers looking for a more turnkey opportunity. And then there’s the location: walkable to Five Points and minutes from some of East Nashville’s best restaurants, coffee shops, shopping and neighborhood favorites. With its duplex zoning, newer DADU, flexible layouts, extra-deep lot and potential for four separate rental streams, this is a unique opportunity to own a property designed to work in more ways than one. To respect and minimize disruption to our amazing tenants, only serious showings will be accommodated. Please contact the listing agent for additional information and showing details.
No exterior & parking available.
Grades PK-4 • 0.8 mi
Grades PK-4 • 1.7 mi
Grades 5-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,281 | 1,967.444 |
| Lot Size | - | - |
| Price | $1.00M | $455.6K |
| Price per sq ft | $305 | $238 |
| Built year | 1930 | 1964 |
| HOA | $0 | $0 |
| Days on market | 45 | 82 |
Sep 9, 2026
$1,000,000
Initial Listing