
Nashville, TN 37216
This 1935 historical residence represents a Strong Value Opportunity, listed at $499,000—positioned well below the $459,294 Fair Market Value by -8%. While the list price exceeds the current valuation, the property offers significant income potential through its private lower-level suite with a kitchenette. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a Large Deck. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the finished attic for future equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 807 Fairwin Ave Subject | $464,000* List Price | 3 | 2 | 1,129 | $404 | - |
A 1219 McGavock Pike Sold | $405,000 | 2 | 2 | 1,023 | $396 | 0.9 mi |
B 1027 Carolyn Ave Sold | $463,000 | 3 | 2 | 1,555 | $298 | 0.4 mi |
C 916A Thomas Ave Active | $525,000 List Price | 3 | 3 | 1,500 | $350 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1935, this historical home has been tastefully updated and is in move-in ready condition. The kitchen features modern granite countertops and stainless steel appliances, and the bathrooms have been modernized with contemporary fixtures. The presence of updated windows, a large well-maintained deck, and a finished lower-level suite with its own kitchenette indicates consistent maintenance and renovation within the last 5-15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1129.
The private lower-level retreat features its own entrance, full bath, and kitchenette, offering significant potential for a rental unit, guest suite, or Airbnb to offset mortgage costs.
This 1930s all-brick home retains its original character with hardwoods and large windows while featuring a tastefully updated kitchen with granite countertops and stainless steel appliances.
At 1,129 square feet for a three-bedroom home, the interior layout may feel cramped for families or buyers accustomed to more spacious modern floor plans.
The property is zoned for schools with low performance ratings, particularly the high school (rated 2/10), which may deter family-oriented buyers and affect long-term appreciation.
Significant price reduction. Beautiful1930's all brick and stone historical home with hardwoods and huge private yard. Move in ready with large upgraded windows throughout, tastefully updated to reflect it's true nature nestled in a desired neighborhood on a 'no outlet' street lined with historical homes in popular East Nashville. Enjoy the private fenced yard lined with mature trees. Unbeatable location just minutes from downtown, local restaurants, coffee shops, parks, and all that East Nash has to offer. A seamless flow takes you from the living room that is open to the dining area with double French doors that spill out to the massive deck extending your living area. Dining area is also open to the updated stainless, granite kitchen with top of the line gas stove/oven and a custom, vented fan. Primary and 2nd bedrooms are on main level. The third bedroom is a private downstairs retreat with it's own entrance, full bath, and a small utility kitchenette with full sized refrigerator offering possible income potential. It's nice to have a lower level for TN storms! Downstairs family room is perfect for a cup of tea or to sit out a passing storm. The attic is partially finished with electric and plumbing with full bath partially installed for extra square footage. Laundry includes washer and dryer. Built like homes used to be built with solid bones and signature personality. You will love this home. Must see the Video
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,129 | - |
| Lot Size | 10,890 | - |
| Price | $464.0K | $556.8K |
| Price per sq ft | $411 | $306 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 69 | 484 |
Jul 9, 2026
$464,000
$484,000
-4% Price Drop
Initial Listing
Jun 19, 2026
$484,000
$499,000
-3% Price Drop
Initial Listing
May 14, 2026
$499,000
Initial Listing