406 Myrtle St, Nashville, TN 37206, Nashville, 37206 - 5 bed, 5 bath
Loading property details...
Nashville, TN 37206
This Modern Single Family Residence represents a Strong Value Opportunity, listed at $989,000—positioned well below the $1,105,084 Fair Market Value by 10%. This valuation gap provides $116,084 in Instant Equity for the buyer. With a Mint Condition Rating and a 2022 build date, the home features a spacious 5-bed/5-bath layout, a deck, and a patio. While local school ratings are mixed, the prime East Nashville location offers high lifestyle appeal. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 406 Myrtle St Subject | $989,000* List Price | 5 | 5 | 3,022 | $366 | - |
A 617 Neill Ave Sold | $799,000 List Price | 3 | 4 | 2,920 | 0.1 mi | |
B 947 Mansfield Ave Sold | $1,215,000 | 4 | 4 | 3,249 | $374 | 0.2 mi |
C 426 Hart Ave Sold | $865,000 | 4 | 4 | 2,096 | $413 | 0.1 mi |
D 426 Hart Ave Sold | $865,000 | 4 | 4 | 2,094 | $413 | 0.1 mi |
E 1032 W Greenwood Ave Sold | $795,000 List Price | 4 | 3 | 2,263 | 0.9 mi | |
F 725 Hart Ave Active | $1,086,650 List Price | 4 | 4 | 3,048 | $357 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is less than 10 years old and in mint condition. It features modern finishes, hardwood flooring, and new systems (HVAC/Electric) consistent with recent construction, requiring no maintenance.
Built in 2022, this 3,022 sqft home offers contemporary design and the reliability of newer systems, minimizing the need for immediate maintenance or capital expenditures.
Situated in the highly sought-after 37206 zip code, the property is minutes away from the trendy dining, nightlife, and cultural hotspots that define East Nashville.
The 5-bedroom, 5-bathroom configuration provides maximum privacy and convenience for large families or guests, a high-demand feature in the luxury rental and resale market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3022, other record living area = 2783.
The majority of the assigned public schools carry low ratings (ranging from 1 to 3), which may be a significant concern for families prioritizing educational quality.
With a list price near $1M on a standard 0.17-acre lot, the property offers limited outdoor space and privacy compared to other suburban options at this price point.
Newer home in 37206. Close to all the hip East Nashville spots! Call your agent to view today!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,022 | 1,856 | 93% |
| Lot Size | 7,405 | 8,276 | 37% |
| Price | $989.0K | $555.0K | 87% |
| Price per sq ft | $327 | $346 | 45% |
| Built year | 2022 | 1938 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 775 | 1% |
May 14, 2026
$989,000
Initial Listing