
Nashville, TN 37206
This Historic 1920s Cottage is a High-Potential Investment Opportunity, listed at $380,000—positioned well below the $464,193 Fair Market Value by 18%. This valuation gap provides $84,193 in Instant Equity. Featured in The New York Times, the home maintains a Good Condition Rating with a new roof and windows (2023). Its prime East Nashville location near Five Points and Cotton Elementary is enhanced by DADU potential via alley access and favorable zoning. This is an exceptional acquisition for Buy-and-Hold Investors or first-time buyers seeking historic charm with significant appreciation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 Neill Ave Subject | $380,000* List Price | 3 | 1 | 1,000 | $464 | - |
A 919 W Eastland Ave Sold | $398,438 | 2 | 1 | 825 | $483 | 0.2 mi |
B 895 Douglas Ave Sold | $465,000 List Price | 3 | 2 | 1,248 | 0.9 mi | |
C 1007 Chicamauga Ave Sold | $407,000 | 2 | 1 | 831 | $490 | 0.4 mi |
D 919 W Eastland Ave Sold | $398,438 | 2 | 1 | 825 | $483 | 0.2 mi |
E 934 Mansfield Ave Sold | $450,000 | 2 | 1 | 1,091 | $412 | 0.3 mi |
F 925 Granada Ave Sold | $413,350 | 2 | 1 | 877 | $471 | 0.6 mi |
G 874 Apex St Active | $429,999 List Price | 3 | 2 | 1,004 | $428 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1920s cottage is in move-in ready condition with significant recent upgrades that align with the 'Good' criteria. Key improvements include a new roof and energy-efficient windows from 2023, along with all-new plumbing. The kitchen features updated stone countertops, a modern undermount sink, and shaker-style cabinetry. While the home retains historic charm like original hardwood floors and plaster walls, the major systems are well-maintained and functional. It falls short of 'Excellent' as it is not a full contemporary renovation (evidenced by older wall paneling in the laundry area and a single bathroom), but it is far superior to 'Fair' given the recent high-cost system replacements.
Featured in The New York Times, this 1920s cottage retains its original architectural integrity with hardwood floors and plaster walls, offering a level of charm and recognition rare for this price point.
Situated in the heart of East Nashville, the property is steps from Frederick Douglass Park and iconic local favorites like Mas Tacos and Five Points, offering an exceptional urban lifestyle.
The home features significant 2023 updates including a new roof, energy-efficient windows, and all-new plumbing, while the alley access and zoning provide valuable potential for a future DADU.
With three bedrooms but only one bathroom, the property may face functional limitations for families or buyers looking for modern convenience and privacy.
At 1,000 square feet for a three-bedroom layout, the interior proportions may feel tight, potentially resulting in smaller bedroom sizes and limited common area space.
Featured in The New York Times, this charming 1920s cottage in Maxwell Heights offers a rare opportunity to own a home recognized for its architectural character and neighborhood appeal. Tucked away on a quiet cul-de-sac, just steps from Frederick Douglass Park, McFerrin Park, and East Nashville favorites including Mas Tacos, Lyra, The Pharmacy, and Five Points—only minutes to downtown Nashville. This well-maintained 3-bedroom, 1-bath home blends original hardwood floors, plaster walls, and abundant natural light with modern updates. Recent improvements include a new roof (2023), energy-efficient windows (2023), updated appliances, and all-new plumbing. A dedicated laundry room provides added functionality. The private backyard features a pergola, mature trees, and a pollinator garden—ideal for relaxing or entertaining. Alley access and zoning allow for future DADU potential. A special opportunity to enjoy East Nashville living with historic charm and long-term flexibility.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,000 | 1,834 | 12% |
| Lot Size | 6,534 | 7,841 | 22% |
| Price | $380.0K | $577.5K | 30% |
| Price per sq ft | $380 | $356 | 58% |
| Built year | 1920 | 1938 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 712 | 3% |
Feb 4, 2026
$380,000
Initial Listing