604 Basswood Ave, Nashville, TN 37209, Nashville, 37209 - 3 bed, 2 bath
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604 Basswood Ave
Nashville, TN 37209
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,319Sq Ft
871Lot Size
Property Price
LIST PRICE$439,900
EST. MARKET VALUE
$474,065
7% BelowMARKET VALUE
SUMMARY
This Charming Cottage is a Strong Value Opportunity, listed at $439,900—positioned well below the $474,065 Fair Market Value by 7%. This valuation gap offers $34,165 in Instant Equity for the buyer. With a Condition Rating of 3, the home features significant recent upgrades including a 2023 roof and 2021 HVAC. Its proximity to Rock Harbor Marina and open-concept layout provide immediate lifestyle appeal. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing location.
Estimated Market Value
$474,065+$34,165 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1989, the property features excellent recent updates to major systems including a new roof (2023), HVAC (2021), and water heater (2021). The interior is well-maintained with a functional, updated kitchen featuring stainless steel appliances and stone countertops, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Proximity
Situated directly across from Rock Harbor Marina, this property offers exceptional access to the Cumberland River and popular waterfront dining, perfect for an active lifestyle.
- Updated Major Systems
With a new roof installed in 2023 and a newer HVAC and water heater from 2021, the home offers significant peace of mind and reduced immediate capital expenditures for the buyer.
- Functional Layout and Outdoor Space
The home features a desirable open-concept living area, a private upstairs primary suite, and a generous, fully fenced backyard ideal for pets and outdoor entertaining.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned middle and high schools have lower performance ratings (4 and 3 respectively), which may be a concern for families prioritizing top-tier educational metrics.
- Ownership Structure
Listed as a Stock Cooperative, this property type can often involve more complex financing hurdles and stricter lender requirements compared to traditional fee-simple residential homes.
About 604 Basswood Ave
Situated directly across from Rock Harbor Marina in Charlotte Park, this charming 3-bedroom, 2-bath cottage is ready to be called home. The open living, kitchen and dining layout make the home feel spacious and inviting, with two bedrooms and a full bath on the main level and a private upstairs primary suite complete with extra storage. Step outside to enjoy the welcoming porch or take advantage of generous and fully fenced backyard—ideal for pets, gardening, or entertaining friends. With a newer roof, HVAC system, and water heater already in place, you can move in with confidence and enjoy all that this growing area has to offer. Whether you're boating on the Cumberland River, exploring many nearby restaurants (including Blue Moon Waterfront Grille), or commuting downtown in minutes, this home is perfectly located to enjoy the best of Nashville. Roof replaced April 2023, HVAC new in February 2021 and water heater replaced November 2021.
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 1989
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Charlotte Park Elementary School
Grades PK-4 • 0.5 mi
4/10
Gower Elementary School
Grades PK-4 • 3.6 mi
6/10
H G Hill Middle School
Grades 5-8 • 3.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.5 |
| Square foot | 1,319 | 2,315.405 |
| Lot Size | 871 | 1,307 |
| Price | $439.9K | $716.1K |
| Price per sq ft | $334 | $313 |
| Built year | 1989 | 2020 |
| HOA | $0 | $197 |
| Days on market | 57 | 87 |
Pricing History
Listed for Sale
Jul 14, 2026
$439,900
Initial Listing