
Nashville, TN 37205
This Turnkey Historic Cottage is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,195,875 Fair Market Value by 8%. This valuation gap offers $95,875 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a newly constructed DADU, a two-car garage, and heated bathroom floors. This property is an ideal fit for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a modernized, flexible living space in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3804 Central Ave Subject | $1,100,000* List Price | 2 | 2 | 1,893 | $632 | - |
A 214 Cherokee Rd Active | $950,000 List Price | 3 | 2 | 1,896 | $501 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1939, the property has undergone extensive recent renovations (likely <5 years) including a high-end modern kitchen with marble counters, stainless appliances, and a newly constructed garage/DADU. The interior features pristine hardwoods and updated systems like heated bathroom floors, meeting the criteria for mint condition with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1893.
The property includes a detached DADU with a full kitchen and bathroom, providing exceptional value through rental income potential, a private guest suite, or a dedicated home office.
This 1939 cottage maintains its storybook character while offering high-end modern upgrades, including a new two-car alley-access garage with expandable space and a primary bath with heated floors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1893, other record living area = 1675. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
At a $1.1 million price point, the main residence offers only two bedrooms, which may limit its appeal to larger families or buyers expecting more sleeping quarters for the investment.
While the elementary school is well-rated, the assigned middle and high schools carry lower ratings, which could be a drawback for families prioritizing long-term educational consistency.
Nestled along one of Nashville’s most charming stretches of Central Ave, this absolutely adorable historic cottage blends timeless character with thoughtful modern updates in an unbeatable location. From the moment you arrive, the storybook curb appeal and beautifully landscaped grounds create an unforgettable first impression. A rare combination of convenience and charm, the home features both a front driveway and a newly constructed two-car alley-access garage complete with expandable space and abundant storage. Inside, warm and inviting living spaces are filled with character and functionality. The updated kitchen showcases stainless steel appliances, a gas range, and an effortless flow into the cozy family room, creating the perfect space for everyday living and entertaining alike. Spacious primary suites on both the main and upper levels offer exceptional flexibility, while the first-floor primary bath is elevated with luxurious heated floors. Adding even more versatility and value, the property also includes a detached DADU complete with a full kitchen and bathroom — ideal for guests, a private office, rental income potential, or multigenerational living. Enjoy slow mornings on the classic front porch swing or unwind year-round on the screened-in back porch overlooking the private, fenced backyard oasis. From the welcoming foyer to the stunning outdoor spaces and thoughtfully designed updates throughout, this Central Ave gem is the perfect blend of historic Nashville charm and modern comfort — truly a beautiful place to call home.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 0.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,893 | - |
| Lot Size | 10,019 | - |
| Price | $1.10M | $556.8K |
| Price per sq ft | $581 | $306 |
| Built year | 1939 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 484 |
May 6, 2026
$1,100,000
Initial Listing
Jan 7, 1994
$159,900
Public Record