
Nashville, TN 37208
This Dual-Unit Income Property is a High-Potential Investment Opportunity in historic Germantown, listed at $1,085,000. The estate features a renovated 1930s main residence and a 2019 guest house, both maintaining an Excellent Condition Rating with luxury marble finishes and modern mechanicals. While the $1,020,647 Fair Market Value aligns with local benchmarks, the property’s Short-Term Rental Potential and No HOA status offer significant revenue upside. Despite modest local school ratings, the private deck and patio enhance its urban appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 503 Coffee St A & B Subject | $1,085,000* List Price | 3 | 3 | 2,407 | $424 | - |
A 1730 6th Ave N Sold | $892,000 | 3 | 3 | 2,301 | $388 | 0.2 mi |
B 1730 6Th Ave N Sold | $892,000 | 3 | 3 | 2,242 | $398 | 0.2 mi |
C 1313 5th Ave N 2 Sold | $1,060,000 | 3 | 5 | 2,245 | $472 | 0.6 mi |
D 1826 5th Ave N Active | $1,050,000 List Price | 3 | 3 | 2,106 | $499 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a main house extensively renovated in 2016 and a guest house built in 2019, both falling within the timeframe for high-quality condition. The interiors feature premium upgrades including a marble-clad primary suite, modern kitchen with stainless steel KitchenAid appliances, hardwood flooring, and custom architectural details. With recent mechanical updates like a tankless water heater and new HVAC, the home shows no signs of deferred maintenance and meets modern luxury standards.
The property features two separate homes on one lot, including a fully furnished 850 sq ft guest house (DADU) with a proven track record for high-yield short-term and long-term rental income.
This 1930s historic Germantown home blends unique character, such as rescued temple columns and plantation shutters, with high-end 2016 renovations including a marble primary suite and tankless water heater.
Situated just 8 minutes from Broadway with no HOA fees, the property is listed below its appraised value, offering immediate equity and a highly desirable urban location.
The two original fireplaces are sealed and no longer functional, requiring conversion to electric units if the buyer desires active heating or ambiance features.
The assigned public schools for this address currently hold low ratings (ranging from 2 to 4), which may be a concern for families or impact long-term resale value to certain demographics.
TWO HOMES FOR THE PRICE OF ONE! LISTED BELOW APPRAISED VALUE! FULLY FURNISHED GUEST HOUSE! NO HOA! 8 MINUTE DRIVE FROM BROADWAY! See Video Links Below. This beautiful property in historic Germantown was built in 1930 and renovated in 2016. The main house was expanded to 2,407 SF to include a two-story addition on the rear side of the house featuring a bonus room, 3 bedrooms, 2.5 bathrooms, with the primary suite on the main level. Seller built the 850 SqFt, 1 bed/1.5 bath guest house (DADU) in 2019. The guest house has been used as a longterm and short term rental. This property has tremendous income producing potential (live in one unit, rent out the other unit as an STR or LTR)! 503A comps are between $4,000-$6,000/month as a longterm rental. 503B comps for around $2,200-$2,400/month as a longterm rental, $300-$400/night as an Airbnb. 503A FEATURES: Columns in foyer were rescued from a historic temple in India.These columns are decorative and can be removed. Windows feature plantation shutters. Backsplash in kitchen was added by seller, along with tankless water heater and a new HVAC unit downstairs. All appliances in kitchen are to remain with property, as well as, the washer and dryer in laundry room. The two fireplaces are no longer functional and were sealed off when the home was originally renovated in 2016, however, they could be converted for electric fireplaces. The luxurious primary bathroom suite comes with a marble counter top, marble floor and walls, a large walk-in shower and an antique cast-iron free standing bathtub. 503B FEATURES: Van Gogh "Starry Night" mural on privacy fence adds unique charm for Airbnb guests. Kitchen and bathrooms in guest house have copper fixtures, tiled walls in half bath were handmade in Spain, washer and dryer in laundry room behind hidden door will remain, ALL FURNITURE IN GUEST HOUSE TO REMAIN.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades K-4 • 13.2 mi
Grades 5-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,407 | 1,986.5 | 85% |
| Lot Size | 5,663 | 871 | 81% |
| Price | $1.08M | $599.5K | 96% |
| Price per sq ft | $451 | $313 | 81% |
| Built year | 1930 | 2018 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 281 | 4% |
Mar 3, 2026
$1,085,000
Initial Listing