
Nashville, TN 37206
This Modern East Nashville Townhome is a Strong Value Opportunity, listed at $545,000—positioned well below the $578,417 Fair Market Value by 5%. This valuation gap offers $33,417 in Instant Equity. Boasting an Excellent Condition Rating, the 2018 build features 10-foot ceilings, real hardwood floors, and a chef’s kitchen with quartz counters. Located steps from Five Points and Mas Tacos, it offers elite urban walkability. This versatile asset is an ideal match for Owner-Occupants or Lifestyle-Focused Investors seeking a proven, turnkey short-term rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 816 Smiley St Subject | $545,000* List Price | 3 | 3 | 1,660 | $348 | - |
A 862 Seymour Ave Sold | $550,000 | 3 | 3 | 1,566 | $351 | 0.6 mi |
B 856 Seymour Ave Sold | $550,000 | 3 | 3 | 1,566 | $351 | 0.5 mi |
C 1117 Fatherland St 203 Sold | $695,000 | 3 | 3 | 1,696 | $410 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. It features high-end modern finishes including real hardwood floors throughout, 10-foot ceilings, and a contemporary kitchen with quartz countertops and stainless steel appliances. The bathrooms are updated with modern vanities and fixtures, and the overall condition shows no signs of deferred maintenance, making it a turnkey property.
Situated in the heart of East Nashville, the property is within walking distance to iconic local spots like Five Points, The Pharmacy Burger, and Mas Tacos, offering a quintessential urban lifestyle.
Built in 2018, the home features 10-foot ceilings, real hardwood floors throughout, and a chef-ready kitchen with quartz countertops and stainless steel appliances.
The property is a proven owner-occupied short-term rental, providing excellent flexibility for buyers looking for either a primary residence or a high-potential income property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1660, other record living area = 1725.
The property lacks a private garage, relying on a side parking pad and street parking, which may be a drawback for buyers prioritizing vehicle security or covered storage.
The assigned high schools carry low ratings (1-2), which could be a significant concern for families and may impact future resale value to that demographic.
Price, location and design, this 3 bed / 2.5 bath townhome hits that rare balance with great location, strong flexibility, and priced in a way that actually makes sense whether you’re a first time homeowner or wanting to move up and be in a great location or looking to utilize it as your own owner occupied STR. Currently being used as an owner-occupied short term rental, the setup is already proven but the opportunity allows for a perfect primary residence. Inside, there is 1,660 sqft of clean, modern space with 10 foot ceilings, real hardwood floors throughout. A kitchen that just works with quartz counters, stainless appliances, and plenty of room whether you’re cooking or hosting. The gas fireplace provides for a cozy vibe in the living room and the large expansive windows pours in lots of natural light. The primary suite is a standout with both a walk-in shower and walk-in closet. Two additional bedrooms both with walk in closets, give you flexibility for guests, office space, or roommates. The spacious laundry room is huge allows for side by side appliances and a laundry sink. Additional 250 sqft storage with easy access located under the home. Parking is easy with a parking pad on the side or street parking, which is a big win for this part of town. The location is why people want East. You’re a quick walk to The Pharmacy Burger, Mas Tacos Por Favor, Butcher and Bee, Edley's Bar-B-Que, and everything happening around Five Points. Quick jump to the interstate gets you downtown in minutes. If you’ve been looking for something in East that gives you options and doesn’t feel overpriced, this one’s worth a look. Furniture is negotiable depending on the offer.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,660 | 2,182 | 29% |
| Lot Size | 871 | 1,307 | 40% |
| Price | $545.0K | $689.9K | 26% |
| Price per sq ft | $328 | $328 | 54% |
| Built year | 2018 | 2018 | 50% |
| HOA | $140 | $0 | 80% |
| Days on market | 13 | 205 | 3% |
Apr 9, 2026
$545,000
Initial Listing