804 Joseph Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 1 bath
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804 Joseph Ave
Nashville, TN 37207
ACTIVE
CONDITION: FAIR
3Beds
1Baths
938Sq Ft
6,970Lot Size
Property Price
LIST PRICE$389,900
EST. MARKET VALUE
$412,525
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $389,900—positioned well below the $412,525 Fair Market Value by 5%. This valuation gap offers $22,625 in Instant Equity. Featuring a Condition Rating of 4, the home includes updated major systems like a newer roof and HVAC, though it requires cosmetic modernization. Its proximity to downtown and River North provides long-term demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$412,525+$22,625 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 804 Joseph Ave Subject 3 bd · 1 ba · 938 sqft · $440 | $389,900* List Price | 3 | 1 | 938 | $440 | - |
A 315 Arrington St Active 3 bd · 1 ba · 850 sqft · 0.3 mi | $0 List Price | 3 | 1 | 850 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1966, the home features heavily dated interior finishes such as wood paneling and older style carpeting. While the property is well-maintained with 'newer' major systems (roof, HVAC, water heater) and updated appliances, the overall aesthetic is over 30 years old and requires cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the desirable East Nashville area near Dickerson Pike, the property offers excellent proximity to downtown Nashville and the emerging River North district, ensuring strong long-term demand.
- Updated Major Systems
The home features a newer roof, HVAC, and water heater, along with copper plumbing and updated appliances, significantly reducing the immediate need for capital expenditures by the buyer.
- Lot Utility and Construction
The solid brick exterior provides durability and low maintenance, while the usable backyard with alley access offers versatility for outdoor living or potential future additions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Compact Living Layout
With only 938 square feet to accommodate three bedrooms and a single bathroom, the interior footprint is quite small, which may feel restrictive for families or those seeking modern spaciousness.
- Underperforming School District
The property is zoned for schools with low performance ratings (2-3), which can be a significant drawback for families with children and may impact future resale value.
About 804 Joseph Ave
Brick one-story in East Nashville, just off Dickerson Pike. Built 1966. About 938 finished square feet, front porch, and a usable backyard with alley access. Three bedrooms and one bath, interior that has been well cared for, with updated carpet and appliances plus a newer roof, HVAC, and water heater. Walk-in tub. Copper plumbing. Concrete driveway. Minutes to downtown, River North, and East Nashville.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glenn Elementary Enhance Option School
Grades PK-4 • 0.4 mi
0/10
Caldwell Enhanced Option
Grades PK-4 • 0.5 mi
2/10
Jere Baxter Middle School
Grades 5-8 • 2.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 938 | 2,045.139 |
| Lot Size | 6,970 | 10,890 |
| Price | $389.9K | $556.0K |
| Price per sq ft | $416 | $305 |
| Built year | 1966 | 1971 |
| HOA | $0 | $133 |
| Days on market | 43 | 70 |
Pricing History
Listed for Sale
Sep 11, 2026
$389,900
Initial Listing