311B Prince Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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311B Prince Ave
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,976Sq Ft
871Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$542,489
3% BelowMARKET VALUE
SUMMARY
This Modern Turn-Key Cottage represents a Strong Value Opportunity, listed at $525,000—positioned well below the $542,489 Fair Market Value by 3%. This valuation gap offers $17,489 in Instant Equity for the buyer. Featuring a 2018 construction with an Excellent Condition Rating, this home includes a covered back deck and an open-concept layout. Its prime location near the East Bank redevelopment makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-growth, low-maintenance asset.
Estimated Market Value
$542,489+$17,489 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 311B Prince Ave Subject | $525,000* List Price | 3 | 3 | 1,976 | $275 | - |
A 719 Douglas Ave 5 Sold | $480,000 | 2 | 3 | 1,978 | $243 | 0.9 mi |
B 1122 Harmony Way Sold | $650,000 | 4 | 4 | 2,087 | $311 | 0.6 mi |
C 3012 Edwin Cir Sold | $624,900 | 3 | 3 | 1,819 | $344 | 0.5 mi |
D 3017 Edwin Cir Sold | $605,000 | 3 | 4 | 1,808 | $335 | 0.6 mi |
E 801 Cherokee Ave 6 Sold | $387,500 | 2 | 3 | 1,280 | $303 | 0.4 mi |
F 1332B Lischey Ave Sold | $600,000 | 4 | 3 | 2,530 | $237 | 0.7 mi |
G 324B Queen Ave Active | $519,000 List Price | 3 | 3 | 1,700 | $305 | 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.
Built in 2018, this property is less than 10 years old and remains in mint condition. The kitchen and bathrooms feature modern finishes, including shaker cabinetry, stone countertops, and contemporary tiling. As a newer construction, the HVAC and electrical systems are well within their functional lifespan, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of East Nashville, the property offers exceptional walkability to local hotspots like Crema and East Nashville Beer Works, while benefiting from the nearby East Bank redevelopment.
- Modern Turn-Key Construction
Built in 2018, this 1,976 sqft home features a contemporary open-concept layout, three spacious bedrooms, and a covered back deck, offering a move-in-ready experience without the need for updates.
- Strong Investment Potential
With no association fees, a $3,500 preferred lender credit, and proximity to the booming Dickerson and Trinity corridors, this property is positioned for significant long-term appreciation.
CONSRISKS & DEFICIENCIES
- Extremely Limited Lot Size
At only 871 square feet, the lot provides very little private outdoor space or yard, which may be a drawback for buyers with pets or those desiring gardening space.
- Nontraditional Ownership Type
Classified as a Stock Cooperative rather than fee-simple, this ownership structure is less common for the area and may require specific financing considerations for potential buyers.
About 311B Prince Ave
Welcome to this adorable cottage in the heart of East Nashville! This home, built in 2018, offers an open-concept living room and kitchen, plus a powder room, formal dining, and covered back deck on the main floor. Upstairs, you’ll find the three spacious bedrooms, two full baths, and a separate laundry room. Enjoy being minutes from all the restaurants and shopping East Nashville has to offer, plus walkability to Crema, East Nashville Beer Works, and more! With the East Bank redevelopment and all the businesses opening on Trinity and Dickerson, you can rest assured that this home will be an amazing investment for years to come. Cherry on top- $3500 preferred lender credit!
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2018
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,976 | 2,315.405 |
| Lot Size | 871 | 1,307 |
| Price | $525.0K | $716.1K |
| Price per sq ft | $266 | $313 |
| Built year | 2018 | 2020 |
| HOA | $0 | $197 |
| Days on market | 14 | 87 |
Pricing History
Listed for Sale
Aug 26, 2026
$525,000
Initial Listing