
Nashville, TN 37207
This Turnkey Residential Property is a High-Potential Investment Opportunity, listed at $395,900—positioned well below the $409,421 Fair Market Value by 3%. This valuation gap offers $13,521 in Instant Equity for the buyer. Featuring a fully remodeled interior with new kitchen and baths, the home maintains an Excellent Condition Rating. While local schools carry lower ratings, the property’s proximity to downtown and rare off-street parking make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 538 Norton Ave Subject | $395,900* List Price | 3 | 2 | 1,394 | $294 | - |
A 306B Queen Ave Active | $349,900 List Price | 3 | 2 | 1,222 | $286 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1951, the property has been recently fully remodeled with a new kitchen, updated bathrooms, and refinished hardwoods. As a fresh renovation with no maintenance projects needed, it meets the criteria for Excellent condition.
The property is fully updated with a new kitchen, renovated bathrooms, and refinished hardwoods, offering immediate move-in readiness and built-in equity for first-time buyers.
Featuring a 3-bedroom layout plus a versatile bonus room and an external storage building, the home provides ample space for a home office, nursery, or guest quarters.
Situated minutes from Downtown Nashville and East Nashville’s vibrant amenities, the property includes rare off-street parking, a significant value-add for the 37207 area.
The assigned middle and high schools carry low ratings (2/10), which may impact long-term resale value and appeal to families prioritizing public education.
Listed as a Stock Cooperative, this specific ownership structure can present more significant financing hurdles and stricter lender requirements compared to traditional fee-simple residential properties.
First Time Buyer Dream Home 538 Norton Ave, Nashville, TN 37207 Freshly Remodeled 3 Bed, 2 Bath plus Bonus Room With Built-In Equity! Stop renting and start building wealth! This East Nashville home was just fully remodeled, so there’s nothing to fix and instant equity from the upgrades. Why first-time buyers love it: Move-in ready. New kitchen, updated baths, refinished hardwoods. No projects needed Bonus room: Use it as a home office, nursery, or 4th bedroom as you grow plus storage building. Great starter layout 3 beds, 2 baths with room to spread out 37207 location Minutes to downtown and East Nashville’s coffee shops, breweries, and parks Off-street parking. Rare for the area. Mortgage cheaper than rent. With all the recent updates, you’re getting built-in equity on day one. Your money works for you instead of going to rent. 538 Norton Ave, Nashville, TN 37207
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 4.0 | 3% |
| Square foot | 1,394 | 1,858 | 3% |
| Lot Size | 9,583 | - | 97% |
| Price | $395.9K | $445.0K | 31% |
| Price per sq ft | $284 | $264 | 52% |
| Built year | 1951 | 2025 | 3% |
| HOA | $0 | $175 | 21% |
| Days on market | 3 | 450 | 3% |
Jun 10, 2026
$395,900
Initial Listing