
Nashville, TN 37206
This Strategic Development Asset is listed at $565,000, representing a market-aligned entry relative to its $518,962 Fair Market Value when factoring in the high-demand R6 Zoning and Corner Lot location. Currently holding a Fair Condition Rating, the property offers a functional 1945 cottage with Original Hardwoods and an Oversized 2-Car Garage. Zoned for Warner Elementary, the site’s true value lies in its Alley Access and DADU Potential, allowing for significant density expansion in walkable Eastwood Neighbors. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 810 N 16th St Subject | $565,000* List Price | 2 | 1 | 832 | $624 | - |
A 1420 Sumner Ave Sold | $435,000 | 2 | 1 | 835 | $521 | 0.1 mi |
B 1419 Sumner Ave Sold | $699,900 | 3 | 1 | 1,121 | $624 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, this cottage is described as 'comfortably livable as-is' but features vintage infrastructure and outdated aesthetic elements such as wood paneling and older wallpaper. While the original hardwood floors appear well-maintained, the property lacks evidence of a recent comprehensive renovation. It fits the 'fair' criteria as an aged home that has been maintained through regular upkeep but requires modern updates to its systems, kitchen, and bathroom to meet current market standards.
The R6 zoning and non-contributing status on a level corner lot provide significant upside for adding a DADU or expanding the primary residence to maximize value.
Situated in the heart of Eastwood Neighbors, the property offers exceptional walkability to iconic East Nashville destinations like Five Daughters Bakery, Jeni’s, and Rosepepper.
The quarter-acre lot features a mature tree canopy, alley access, and an existing oversized 2-car garage, offering rare site flexibility and clean separation for future builds.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At only 832 square feet with a single bathroom, the current footprint is quite small for the price point and will likely require immediate expansion to suit most modern buyers.
Built in 1945, the home may require significant updates to its aging systems and finishes to meet contemporary standards, adding to the overall investment cost.
Positioned on a prime corner lot in the heart of Eastwood Neighbors, this 2-bed, 1-bath cottage offers a rare blend of immediate livability and long-term upside. Set on an approximately quarter-acre corner lot, surrounded by a mature tree canopy that defines the character of East Nashville, the lot itself carries as much appeal as the home. Zoned R6 and non-contributing, this property opens the door to multiple value plays—expand into a larger primary residence, introduce a DADU for added flexibility or income, or reimagine the site into a custom long-term home. A rare opportunity to establish a true long-term home—expand, build, and design with intention, with the lot size, layout, and flexibility to support a primary residence and DADU without compromise. The level lot allows for full use of the space, with the flexibility to build or expand while preserving the mature tree canopy that defines the property. Alley access to an oversized 2-car garage creates clean separation for future builds, improved site planning, and added flexibility that’s increasingly hard to find. Inside, original hardwoods, abundant natural light, and a functional layout with separate living and dining spaces make the home comfortably livable as-is while you design and plan your next phase. A private, fenced backyard with patio adds immediate enjoyment or serves as a staging ground for future improvements. Located on a quiet street just steps from East Nashville staples like Jeni’s, Five Daughters, and Rosepepper, this is a location-driven investment with walkability in multiple directions. Properties with this level of lot size, alley access, and room to build a true long-term home are becoming increasingly rare in East Nashville.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades PK-4 • 1.4 mi
Grades 5-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 22% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 832 | 1,834 | 5% |
| Lot Size | 6,970 | 7,841 | 26% |
| Price | $565.0K | $577.5K | 49% |
| Price per sq ft | $679 | $356 | 96% |
| Built year | 1945 | 1938 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 711 | 0% |
Apr 1, 2026
$565,000
Initial Listing
Mar 28, 1994
$47,000
Public Record