
Nashville, TN 37207
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $625,000—positioned above the $562,894 Fair Market Value. While currently priced above the automated valuation, the property’s Condition Rating of 3 and significant 14,810 sqft lot provide unique utility. Featuring a modernized kitchen and detached garage, the home offers rare flexibility for workshops or storage. This asset is best suited for Buy-and-Hold Investors seeking long-term land appreciation or Owner-Occupants prioritizing privacy and outdoor space near downtown Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31 Gerald St Subject | $625,000* List Price | 4 | 2 | 1,550 | $363 | - |
A 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.3 mi |
B 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.3 mi |
C 502 Norton Ave Sold | $469,900 | 3 | 2 | 1,432 | $328 | 0.3 mi |
D 1710 Lischey Ave Sold | $620,000 | 3 | 2 | 1,448 | $428 | 0.6 mi |
E 1710 Lischey Ave Sold | $620,000 | 2 | 1 | 1,391 | $446 | 0.6 mi |
F 2627 Woodyhill Dr Active | $524,900 List Price | 3 | 2 | 1,319 | $398 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property has undergone a thoughtful renovation. The kitchen is updated with modern white shaker cabinets, stone countertops, and stainless steel appliances. The interior features well-maintained hardwood flooring and updated windows throughout, making it move-in ready and consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1550.
The property features a large, fully fenced lot with dedicated parking for RVs, boats, and trailers, plus a detached garage ideal for a workshop, home gym, or studio.
The interior offers a thoughtfully updated 4-bedroom, 2-bathroom floor plan on a single level, providing functional and move-in-ready living spaces that appeal to a wide range of buyers.
With 215 days on the market, the property may face perception challenges regarding its pricing or condition relative to faster-moving inventory in the competitive Nashville market.
Built in 1950, the home may require more frequent maintenance or future infrastructure updates typical of older structures, despite the recent cosmetic and functional improvements.
Privacy. Parking. Possibility. Rarely do you find all three this close to downtown Nashville. Set on a fully fenced East Nashville lot, 31 Gerald offers the kind of flexibility buyers are constantly searching for and seldom find. Bring the RV, boat, trailer, work truck, or all of the above. Host backyard gatherings under the covered entertaining space, let kids and pets enjoy the low-maintenance turf, or finally create the workshop, home gym, art studio, or office you’ve been dreaming about in the detached garage. Inside, the thoughtfully updated single-level layout delivers comfortable, functional living with inviting spaces that feel instantly like home. Just minutes from East Nashville favorites, parks, shopping, and downtown, this property offers the convenience of city living without sacrificing the privacy and versatility that make everyday life easier. Now offered at $625,000. Opportunities like this don’t come around often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,550 | - |
| Lot Size | 14,810 | - |
| Price | $625.0K | $556.8K |
| Price per sq ft | $403 | $306 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 250 | 484 |
Nov 14, 2025
$625,000
Initial Listing