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$514,900
EST. MARKET VALUE
$545,475
5% BelowMARKET VALUE
SUMMARY
This Modern Cottage is a Strong Value Opportunity, listed at $514,900—positioned well below the $545,476 Fair Market Value by 5%. This valuation gap offers $30,576 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a Covered Back Deck, this 2018-built home offers a turnkey lifestyle in the heart of East Nashville. With no association fees and proximity to the East Bank redevelopment, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term appreciation.
Estimated Market Value
$545,475+$30,575 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 3 bd · 3 ba · 1,976 sqft · $276 | $514,900* List Price | 3 | 3 | 1,976 | $276 | - |
A 600 E Trinity Ln 108 Sold 2 bd · 2 ba · 1,240 sqft · $336 · 0.5 mi | $417,000 | 2 | 2 | 1,240 | $336 | 0.5 mi |
B 530 Edwin St 16 Active 3 bd · 4 ba · 1,857 sqft · $269 · 0.4 mi | $500,000 List Price | 3 | 4 | 1,857 | $269 | 0.4 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 6-year-old home is in mint condition and falls within the <10-year age bracket for an excellent rating. The property features a modern open-concept kitchen with stainless steel appliances and shaker cabinets, contemporary bathrooms with updated tile and fixtures, and systems that are well within their expected lifespan with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Walkability
Situated in the heart of East Nashville, the property offers excellent walkability to local favorites like Crema and East Nashville Beer Works, plus proximity to the high-growth East Bank redevelopment area.
- Modern Functional Design
Built in 2018, this home features a contemporary open-concept layout, a formal dining room, and a covered back deck, providing a turnkey living experience for modern buyers.
- Financial Value
The absence of monthly association fees combined with a $3,500 preferred lender credit significantly enhances the property's affordability and long-term investment appeal.
CONSRISKS & DEFICIENCIES
- Minimal Lot Size
With a lot size of only 871 square feet, the property offers very limited private outdoor space, which may not appeal to buyers seeking a traditional yard.
- Extended Market Time
Having been on the market for 44 days with a recent price adjustment, the property may face challenges regarding its initial valuation relative to current buyer demand in the immediate vicinity.
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
- Condominium
- 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 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,976 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $514.9K | $347.6K |
| Price per sq ft | $261 | $343 |
| Built year | 2018 | 2007 |
| HOA | $0 | $334 |
| Days on market | 59 | 92 |
Pricing History
Listed for Sale
Aug 26, 2026
$514,900
Initial Listing