708 Shelby Ave, Nashville, TN 37206, Nashville, 37206 - 3 bed, 3 bath
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Nashville, TN 37206
This Historic Move-In Ready Residence is listed at $849,900, representing a stable entry point near its $817,383 Fair Market Value. Maintaining a Condition Rating of 3, the home features a modern kitchen with granite, hardwood floors, and a fully fenced yard. The property’s most compelling feature is the Assumable VA Mortgage, providing substantial interest rate savings for eligible purchasers. Situated minutes from downtown and zoned for Warner Elementary and Bailey Middle School, this home offers a seamless transition into the 37206 lifestyle. It is an ideal match for Qualified VA Buyers or Owner-Occupants seeking a turnkey urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 Shelby Ave Subject | $774,900* List Price | 3 | 3 | 2,227 | $345 | - |
A 618 Shelby Ave Sold | $649,900 List Price | 3 | 2 | 2,165 | 0.1 mi | |
B 713 S 13th St Sold | $725,000 | 3 | 4 | 2,259 | $321 | 0.5 mi |
C 426 Hart Ave Sold | $865,000 | 4 | 4 | 2,094 | $413 | 0.9 mi |
D 426 Hart Ave Sold | $865,000 | 4 | 4 | 2,096 | $413 | 0.9 mi |
E 313 S 7th St Active | $946,200 List Price | 4 | 3 | 2,280 | $415 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant past renovations that appear to be within the 5 to 15-year range. While the home was originally built in 1920, the interior features updated elements including a kitchen with granite countertops and stainless steel appliances, modern bathrooms with a large soaking tub, and well-maintained hardwood flooring. The presence of crown molding, updated light fixtures, and a painted brick fireplace indicates the home has been well-maintained. It does not reach the 'excellent' level as the styles of the cabinetry and tile work are not brand new, but it far exceeds the 'fair' category due to its high level of finish and lack of immediate deferred maintenance.
The property features an assumable VA mortgage with a low interest rate, offering qualified buyers significant monthly savings compared to current market financing options.
Situated in the desirable 37206 zip code just minutes from downtown Nashville, this home offers exceptional proximity to the city's best dining, entertainment, and employment hubs.
The rare combination of a covered porch and a fully fenced front and back yard provides a secure and versatile outdoor space for families, pets, and entertaining.
The assigned high school has a low performance rating, which may be a significant consideration for families prioritizing top-tier educational metrics.
As a century-old home built in 1920, the property may require more frequent maintenance and updates to its aging systems compared to newer residential constructions.
ASSUMABLE VA LOAN AT 2.625% — this is the rate buyers have been waiting for. Qualified buyers can take over the existing loan and step into instant equity in one of Nashville's most sought-after zip codes. Ask your agent for assumption details. Set in the heart of East Nashville just steps from Shelby Park, the Cumberland River, and the walkable energy of local dining, coffee, and boutiques — this 3BR/2.5BA stunner delivers the lifestyle and the numbers. Inside: soaring ceilings, oversized windows (replaced 2022), and a layout that actually lives. The kitchen is built for real entertaining — granite counters, contemporary cabinetry, gas stove, and a dining space that flows. All three bedrooms are generously sized; all 2.5 baths are tastefully updated. Outside: a front porch made for morning coffee and a private backyard ready for whatever you need it to be. The bones are solid — roof replaced 2022, HVAC regularly maintained since 2021 with UV filtration added to the upstairs unit for clean air year-round. Historic charm. Modern upgrades. A rate that changes the math entirely. This one is worth a second look.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades PK-4 • 0.3 mi
Grades 5-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,227 | 1,856 | 66% |
| Lot Size | 8,712 | 8,276 | 55% |
| Price | $774.9K | $555.0K | 74% |
| Price per sq ft | $348 | $348 | 50% |
| Built year | 1920 | 1938 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 775 | 1% |
Jun 14, 2026
$774,900
$799,900
-3% Price Drop
Initial Listing
May 24, 2026
$799,900
$815,000
-2% Price Drop
Initial Listing
Apr 26, 2026
$815,000
$849,900
-4% Price Drop
Initial Listing
Apr 8, 2026
$849,900
Initial Listing