311 Grace St, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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311 Grace St
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,524Sq Ft
8,276Lot Size
Property Price
LIST PRICE$720,000
EST. MARKET VALUE
$695,799
3% AboveMARKET VALUE
SUMMARY
This Prime Investment Opportunity is a fully renovated historic home listed at $725,000, positioned well below the $746,952 Fair Market Value by 2%. This valuation gap provides $21,952 in Instant Equity. Featuring a Mint Condition Rating, the property includes a modern Granite Kitchen, a private primary ensuite, and a Deck with distant hill views. With DADU eligibility and alley access, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation in the vibrant Cleveland Park neighborhood.
Estimated Market Value
$695,799
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Grace St Subject | $720,000* List Price | 4 | 4 | 2,524 | $276 | - |
A 920 N 2nd St Sold | $524,900 | 3 | 2 | 1,586 | $331 | 0.5 mi |
B 302 Hancock St Active | $899,000 List Price | 3 | 3 | 2,577 | $349 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This 1920s historic home has undergone a full renovation, presenting in mint, move-in ready condition. The kitchen is modern with granite countertops and stainless steel appliances, and the bathrooms feature contemporary tile work and updated fixtures. The exterior, including the roof and siding, appears well-maintained, fitting the criteria for a high-quality recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Walkability
Situated in the desirable Cleveland Park area of East Nashville, the property offers exceptional walkability to local dining and coffee shops, while remaining just minutes from downtown and Shelby Park.
- Turn-Key Historic Renovation
This 1920s home has been fully renovated to offer modern amenities like granite countertops and a massive primary ensuite while maintaining its historic character, providing a move-in ready experience.
- DADU Eligibility & Expansion
The property features a large backyard with alley access and is eligible for a Detached Accessory Dwelling Unit (DADU), offering significant potential for rental income or additional living space.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this address currently hold low ratings (ranging from 2 to 3), which may be a significant drawback for families prioritizing district performance.
- Century-Old Structure
Despite the extensive renovations, the 1920 build date implies a century-old foundation and core structure, which can result in higher insurance premiums and unique long-term maintenance requirements.
About 311 Grace St
Incredible opportunity to own a full renovated historic home in Cleveland Park! Walking distance to so many amazing coffeeshops, restaurants, and just minutes from Shelby Park and downtown! This move in ready home boasts spacious bedrooms, an open kitchen with granite countertops, stainless steel appliances, and lots of counter space, plus an open living and dining room. The massive primary bedroom upstairs is private with a huge walk-in closet, and ensuite. Don't miss the fantastic deck, plus a great back yard with alley access and DADU eligibility to expand to add additional living space and garage!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glenn Elementary Enhance Option School
Grades PK-4 • 0.2 mi
0/10
Caldwell Enhanced Option
Grades PK-4 • 0.3 mi
2/10
Jere Baxter Middle School
Grades 5-8 • 2.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,524 | 2,093.129 |
| Lot Size | 8,276 | 10,890 |
| Price | $720.0K | $568.3K |
| Price per sq ft | $285 | $307 |
| Built year | 1920 | 1971 |
| HOA | $0 | $137 |
| Days on market | 56 | 69 |
Pricing History
Listed for Sale
Sep 3, 2026
$720,000
$725,000
-1% Price Drop
Initial Listing
Price Change
Jul 15, 2026
$725,000
Initial Listing