508 N 2nd St, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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Nashville, TN 37207
This 1920s Bungalow represents a High-Potential Investment Opportunity, listed at $575,000—positioned above the $563,073 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring a modernized kitchen with granite countertops and hardwood floors. The SP zoning and 9,583 sqft lot provide significant long-term utility in the desirable McFerrin Park area. Despite lower-rated local schools, the home’s move-in ready status and outdoor living space make it a compelling choice for Buy-and-Hold Investors or Owner-Occupants seeking urban Nashville character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 508 N 2nd St Subject | $575,000* List Price | 3 | 2 | 1,537 | $366 | - |
A 1121 N 2nd St Sold | $600,000 | 3 | 2 | 1,495 | $401 | 0.8 mi |
B 807 N 2nd St Sold | $580,000 | 2 | 2 | 1,498 | $387 | 0.3 mi |
C 333 Hancock St Sold | $699,900 List Price | 3 | 3 | 1,808 | 0.5 mi | |
D 807 N 2nd St Sold | $580,000 | 2 | 2 | 1,498 | $387 | 0.3 mi |
E 238 Treutland Ave Active | $559,000 List Price | 3 | 3 | 1,430 | $391 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1920, the property has been significantly updated with a modern kitchen featuring granite countertops and stainless steel appliances. The bathrooms show contemporary tiling and fixtures consistent with a renovation from the last 5-15 years. The home appears well-maintained with functional systems and is in move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1537.
This 1920s bungalow preserves its original character with exposed brick and hardwood floors while offering a fully updated kitchen with granite countertops and stainless steel appliances.
The property features a massive, level, and fully fenced backyard along with both a shaded front porch and a large screened back porch, providing rare outdoor space for an urban Nashville lot.
The assigned public schools for this location have low ratings (ranging from 2 to 3), which may be a drawback for families prioritizing high-performing educational institutions.
As a home built in 1920, buyers should anticipate potential maintenance requirements or hidden costs associated with century-old structural and mechanical systems despite recent cosmetic updates.
Adorable 1920's bungalow FOR SALE in McFerrin Park! This 3BR/2BA charmer has exposed brick, large open archways, and tons of natural light -- an updated kitchen with stainless steel appliances, granite countertops, hardwood floors, primary suite on the main level, with additional living space on the 2nd level. Huge shaded front porch, large screened back porch, and a massive level and fully fenced back yard. Detached garage offers tons of storage, and house is located on a quiet dead-end with off street parking. This place is a total gem, with SP zoning and just a few blocks away from your Cleveland Park favorites, and easy access to Briley Pkwy, downtown, and interstate access -- OPEN HOUSE SUNDAY 5/17 FROM 2-4!
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,537 | 1,451.5 | 56% |
| Lot Size | 9,583 | 8,712 | 56% |
| Price | $575.0K | $375.0K | 90% |
| Price per sq ft | $374 | $232 | 90% |
| Built year | 1920 | 1970 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 358 | 1% |
May 6, 2026
$575,000
Initial Listing