
Nashville, TN 37204
This Mixed-Use Historic Property represents a High-Potential Investment Opportunity, listed at $1,700,000—positioned above the $1,585,647 Fair Market Value. While priced at a premium, the 4ZZ Zoning and Mint Condition Rating provide rare utility in the Berry Hill corridor. Featuring a Chef’s Kitchen and a 1,269 SF income-producing guest suite, the property offers immediate cash-flow potential. With proximity to top-rated Glendale Elementary, this versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-visibility professional studio and residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 Inverness Ave Subject | $1,700,000* List Price | 3 | 3 | 3,185 | $498 | - |
A 2109 Elliott Ave Sold | $1,275,000 | 3 | 4 | 2,794 | $456 | 0.5 mi |
B 1109 Lawrence Ave Sold | $1,425,000 | 4 | 4 | 3,106 | $459 | 0.7 mi |
C 1107 Clayton Ave Sold | $1,500,000 | 3 | 3 | 2,412 | $622 | 0.9 mi |
D 2409 Vaulx Ln Active | $1,899,000 List Price | 4 | 3 | 3,066 | $619 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1925, the property has undergone a high-end comprehensive renovation within the last 5 years. It features modernized systems (updated wiring, plumbing, and tankless water heater), a custom chef's kitchen with premium Viking and Thermador appliances, and fully remodeled bathrooms including a primary suite with a copper soaking tub. The property is in mint, move-in-ready condition with no deferred maintenance.
Elementary School: Glendale Elementary School (9/10).
The rare 4ZZ zoning permits both residential and commercial uses, offering exceptional flexibility for investors, developers, or business owners in a high-visibility urban corridor.
A separate 1,269 SF second-level suite functions as a turnkey Airbnb or guest unit, providing immediate short-term rental income potential in a sought-after Nashville location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3185, other record living area = 2914. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At a $1.7 million list price, the property commands a significant premium that may limit the buyer pool to those specifically seeking the unique commercial/residential hybrid utility.
While some nearby options are strong, several assigned public schools have lower ratings (2-3 range), which could be a drawback for families focused on district performance.
Rare Mixed-Use Opportunity in Berry Hill. Positioned in one of Nashville’s most sought-after urban corridors, 707 Inverness Ave presents an exceptionally rare opportunity—just steps from vibrant shops, restaurants, and the 12 South district. This 1925 historic property offers remarkable flexibility for an investor, developer, or owner-occupant, zoned 4ZZ - with residential and commercial uses permitted (subject to City of Berry Hill approval). The property has been meticulously improved with modernized systems, including updated wiring, plumbing, and a tankless water heater. The main level (approx. 1,916 SF) serves as a stunning residence and professional studio, featuring a custom chef’s kitchen with Viking gas cooktop, Thermador refrigerator, and Bosch dishwasher. The primary suite boasts a remodeled bathroom with a large copper soaking tub, tile/stone shower, and dual vanities. The second level offers a separate 1,269 SF Airbnb/Guest suite with a kitchen, bedroom, and bath—providing immediate income potential as a cash-flowing STR. Situated on a 7,804 SF +/- lot, the property provides the rare advantage of abundant pull-in parking, and a private, beautifully landscaped courtyard/garden. With Geodis Park less than a mile away and easy access to the 8th Ave S/Franklin Road corridor, this is a versatile, high-visibility investment in the heart of Nashville.
No exterior & parking available.
Grades PK-4 • 0.8 mi
Grades PK-4 • 2.1 mi
Grades K-4 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,185 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $1.70M | $568.3K |
| Price per sq ft | $534 | $307 |
| Built year | 1925 | 1971 |
| HOA | $0 | $137 |
| Days on market | 30 | 69 |
Aug 10, 2026
$1,700,000
Initial Listing