538 Norton Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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Nashville, TN 37207
This Turnkey Residential Property is a Strong Value Opportunity, listed at $379,900—positioned well below the $395,254 Fair Market Value by 3%. This valuation gap offers $15,354 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a fully remodeled kitchen, refinished hardwoods, and a versatile bonus room. Located minutes from downtown Nashville, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 538 Norton Ave Subject | $379,900* List Price | 3 | 2 | 1,394 | $284 | - |
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 built in 1951, the property has undergone a complete recent remodel (less than 5 years ago). It features a brand-new kitchen with modern cabinetry and stainless appliances, updated bathrooms, refinished hardwood floors, and updated systems including a new water heater, making it move-in ready with no maintenance required.
The property has been fully renovated with a new kitchen, updated bathrooms, and refinished hardwoods, providing a move-in-ready experience with immediate built-in equity for the buyer.
The inclusion of a bonus room offers significant flexibility for use as a home office, nursery, or fourth bedroom, complemented by rare off-street parking and a large lot with a storage building.
Located in the 37207 zip code, the home is minutes away from downtown Nashville and the popular amenities of East Nashville, offering high convenience and urban accessibility.
The assigned middle and high schools have low ratings (2/10), which may be a concern for families and could impact future resale demand among certain buyer demographics.
The property is listed as a 'Stock Cooperative,' an uncommon ownership structure for single-family homes in this area that may complicate traditional mortgage financing for some buyers.
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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,394 | - |
| Lot Size | 9,583 | - |
| Price | $379.9K | $654.3K |
| Price per sq ft | $273 | $311 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 339 |
Jun 27, 2026
$379,900
$395,900
-4% Price Drop
Initial Listing
Jun 10, 2026
$395,900
Initial Listing