306B Queen Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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Nashville, TN 37207
This Renovated East Nashville Cottage is a Strong Value Opportunity, listed at $324,900—positioned well below the $355,845 Fair Market Value by 8%. This valuation gap offers $30,945 in Instant Equity for the buyer. The property maintains a Good Condition Rating, featuring a Modern Kitchen and Functional Layout with a Partial Basement. While the lot size is compact, the move-in ready status and lack of association fees make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 306B Queen Ave Subject | $324,900* List Price | 3 | 2 | 1,222 | $291 | - |
A 331 Gatewood Ave Sold | $418,000 | 3 | 1 | 1,403 | $298 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1950 but has undergone a significant renovation. The kitchen features modern stainless steel appliances, stone countertops, and updated tile backsplash. Bathrooms show updated fixtures and the property is in move-in ready condition, fitting the 5-15 year renovation window for a 'Good' rating.
This cottage has been fully updated with modern kitchen appliances and contemporary finishes, offering a move-in-ready experience in the desirable East Nashville area.
The home features a separate dining room and a partial basement for storage, providing excellent organizational utility that is often missing in smaller cottage-style properties.
Listed at $324,900 for a 3-bedroom, 2-bathroom home, this property represents a high-value entry point for the Nashville market with no monthly association fees.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1742, living area = 1222.
With a lot size of only 1,742 square feet, the property offers very limited private outdoor space, which may be a drawback for buyers seeking a traditional yard.
Originally built in 1950, the home may have underlying structural or system components that require more frequent maintenance compared to newer constructions.
Absolutely adorable renovated cottage in East Nashville! 3BR, 2BA, large LR with tons of natural light, modern appliances in kitchen, separate DR, partial basement for storage, ample parking space, covered front porch and patio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,222 | 1,458.5 | 31% |
| Lot Size | 1,742 | 8,712 | 9% |
| Price | $324.9K | $377.5K | 35% |
| Price per sq ft | $266 | $234 | 59% |
| Built year | 1950 | 1970 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 338 | 1% |
May 28, 2026
$324,900
Initial Listing