707 Inverness Ave, Nashville, TN 37204, Nashville, 37204 - 4 bed, 3 bath
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Nashville, TN 37204
This Versatile Mixed-Use Asset is currently listed at $1,695,000, representing a stable and fair entry point near its $1,648,673 Fair Market Value. Boasting a Condition Rating of 3, the interior features a professional Viking kitchen, hardwood floors, and a 1,269 SF income-producing AirBnb suite. The property’s unique Berry Hill Zoning supports immediate residential, retail, or office redevelopment, while the 9/10 Glendale Elementary rating ensures consistent long-term residential demand. Complete with a private deck and patio, this is a premier acquisition for Owner-Occupants or Strategic Investors looking for Nashville growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 Inverness Ave Subject | $1,695,000* List Price | 4 | 3 | 2,914 | $566 | - |
A 1109 Lawrence Ave Sold | $1,425,000 | 4 | 4 | 3,106 | $459 | 0.7 mi |
B 914 Kirkwood Ave Sold | $1,380,000 | 4 | 4 | 2,878 | $479 | 0.5 mi |
C 914 Kirkwood Ave Sold | $1,380,000 | 4 | 4 | 2,878 | $479 | 0.5 mi |
D 1003 Montrose Ave Sold | $2,125,000 | 4 | 4 | 3,471 | $612 | 0.6 mi |
E 914 Kirkwood Ave Sold | $1,380,000 | 3 | 4 | 2,831 | $487 | 0.5 mi |
F 1003 Montrose Ave Sold | $2,125,000 | 4 | 4 | 3,471 | $612 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1925, the property is in move-in ready condition with significant high-end updates. The kitchen features professional-grade Viking stainless steel appliances, custom cabinetry, a wood range hood, and stone countertops. The interior boasts well-maintained hardwood floors, updated light fixtures, and luxury bathroom features like a copper soaking tub. While the listing mentions redevelopment potential due to its prime Berry Hill zoning, the current structure is well-maintained with modern systems suitable for immediate residential or commercial use.
Elementary School: Glendale Elementary School (9/10).
Located in the City of Berry Hill, the property supports a wide range of residential and commercial uses, including multi-family, office, retail, and restaurant, offering exceptional flexibility for investors or developers.
Situated just off the 8th Ave S/Franklin Road corridor and less than a mile from Geodis Park, the property is positioned in a high-growth area with excellent proximity to major entertainment and dining hubs.
The original structure dates back to 1925, which may necessitate significant capital investment for modernizing systems or structural repairs to meet current commercial or residential standards.
While the elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which may impact the property's appeal to families seeking a long-term primary residence.
707 Inverness is located in the City of Berry Hill. Residential and commercial uses are allowed, subject to city approval. These include multi-family and zero-lot line townhomes, offices, retail, restaurants, and personal care. The property is located just off the 8th Ave S/Franklin Road Corridor, a dynamic mix of retail, restaurants, office, residential, and venues such as Zanies Comedy Club. Geodis Park, the new Nashville Soccer Club Stadium, is less than a mile from 707. The existing structure dates to 1925 and is currently a photographer’s beautiful home and studio. The main floor contains 1,916 SF, and the second floor is currently used as a 1,269 SF AirBnb with BR, B, and K. The building is located on a 7,804 SF +—parcel, allowing abundant pull-in parking on Inverness. Renovate the charming space for unique retail, restaurant, or office space, or redevelop the site.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,914 | 2,455 | 64% |
| Lot Size | 7,841 | 18,295 | 16% |
| Price | $1.70M | $925.0K | 80% |
| Price per sq ft | $582 | $414 | 72% |
| Built year | 1925 | 1950 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 908 | 1% |
Mar 19, 2026
$1,695,000
Initial Listing