
Nashville, TN 37206
This Versatile East Nashville Ranch represents a Strong Value Opportunity, listed at $569,000—positioned well below the $574,529 Fair Market Value by 0.96%. This valuation gap offers $5,529 in Instant Equity. Featuring a Condition Rating of 3, the home includes a renovated basement and original hardwoods, offering significant potential for a DADU or income-producing suite. Located in the Lockeland Design Center zone, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability lifestyle near 5 Points.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 N 9th St Subject 3 bd · 2 ba · 1,807 sqft · $318 | $569,000* List Price | 3 | 2 | 1,807 | $318 | - |
A 1215 Boscobel St Sold 3 bd · 2 ba · 1,945 sqft · $362 · 0.8 mi | $705,000 | 3 | 2 | 1,945 | $362 | 0.8 mi |
B 1011 Granada Ave Sold 3 bd · 3 ba · 1,926 sqft · $350 · 0.8 mi | $675,000 | 3 | 3 | 1,926 | $350 | 0.8 mi |
C 911 Chicamauga Ave Sold 4 bd · 2 ba · 1,792 sqft · $251 · 0.5 mi | $450,000 | 4 | 2 | 1,792 | $251 | 0.5 mi |
D 621 N 9th St Active 3 bd · 2 ba · 1,556 sqft · $341 · 0.1 mi | $529,900 List Price | 3 | 2 | 1,556 | $341 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1955, the property is well-maintained and move-in ready. It features a recently renovated basement with modern flooring and lighting, updated HVAC systems visible in exterior shots, and clean, functional bathrooms. The original hardwoods and exterior brick are in good condition, reflecting consistent maintenance and mid-range updates within the 5-15 year window.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1807.
Situated in the heart of East Nashville, this property offers exceptional walkability to 5 Points and local favorites like Mas Tacos, while being just 1.5 miles from Downtown and the East Bank development.
The renovated basement and large lot with alley access provide significant versatility, including potential for an income-producing apartment or a Detached Accessory Dwelling Unit (DADU).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Although located in the Lockeland Design Center priority zone, several nearby assigned schools have lower performance ratings, which may be a consideration for education-focused buyers.
As a 1955 build, the property may require ongoing maintenance or updates to older systems typical of homes from this era, despite the recent basement renovations.
Walk to 5 Points and local favorites from this lovely brick ranch with a fully finished basement! Beautiful original hardwoods on the main level, which offers 3 bedrooms. Renovated basement delivers versatility with a spacious bonus room, dedicated flex space, and abundant storage, plus room to add a full bath or expand into a multi-generational suite or income-producing apartment. Expansive fenced-in backyard with a large patio + pergola, alley access, and room for a DADU. Lush, curated landscaping in front yard includes a Japanese Maple, Juniper, Foxtail, Arborvitae, and herbs. Prime East Nashville location on a sidewalk-lined street, walking distance to Mas Tacos, Lyra, East Park, Bongo Java, Basement East, and much more. Just 1.5 miles to Downtown and the highly anticipated East Bank development. In Lockeland Design Center geographic priority zone.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,807 | 2,045.139 |
| Lot Size | 8,712 | 10,890 |
| Price | $569.0K | $556.0K |
| Price per sq ft | $315 | $305 |
| Built year | 1955 | 1971 |
| HOA | $0 | $133 |
| Days on market | 10 | 70 |
Oct 14, 2026
$569,000
Initial Listing
Apr 29, 1997
$1,000
Public Record
Aug 6, 1996
$40,000
Public Record