
Nashville, TN 37206
This Versatile Hybrid Property is a Strong Value Opportunity with a List Price of $499,900—positioned well below the $544,391 Fair Market Value by 8%. This valuation gap provides $44,491 in Instant Equity. Maintaining a Condition Rating of 3, the home features a Basement Studio Apartment with a kitchenette, offering significant house-hacking or rental income potential. Located in the walkable Eastwood Neighbors subdivision near Bailey Middle School, the residence includes three new mini-split HVAC units. This is an optimal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Setliff Pl Subject | $499,900* List Price | 3 | 2 | 1,650 | $330 | - |
A 415 N 17th St Sold | $618,000 | 3 | 3 | 1,733 | $357 | 0.3 mi |
B 1523 Douglas Ave Sold | $449,000 List Price | 3 | 2 | 1,986 | 0.5 mi | |
C 2111 Early Ave Sold | $389,900 List Price | 2 | 1 | 1,434 | 0.4 mi | |
D 205 Manchester Ave Sold | $510,000 | 2 | 1 | 1,401 | $364 | 0.1 mi |
E 419 Avondale Dr Sold | $625,000 | 3 | 3 | 2,019 | $310 | 0.3 mi |
F 702 Porter Rd Sold | $460,000 List Price | 3 | 3 | 1,891 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic renovations. The interior features updated flooring (refinished hardwoods and modern laminate), fresh paint, and contemporary light fixtures. The kitchen has been refreshed with white shaker-style cabinetry and dark countertops. While the structure dates to 1927, the systems appear well-maintained, and the seller's commitment to install three new mini-split HVAC units prior to closing addresses modern climate control needs. The basement studio and attic space are finished and functional, contributing to the overall well-maintained condition of the home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1650.
The basement features a studio apartment with a kitchenette and separate entrance, offering excellent potential for rental income or a private guest suite to offset mortgage costs.
Situated in the highly desirable Eastwood Neighbors subdivision of East Nashville, the property offers high walkability and proximity to popular local dining and entertainment.
With only 725 sq ft on the main level and bedrooms split between an attic space and a basement, the layout may feel disjointed for buyers seeking a traditional family flow.
The primary living area is relatively small, and the second-floor bedroom's location in the attic with an outdoor entrance may limit its functionality and appeal.
With three mini split HVAC units installed prior to close. Three bedroom two bathroom 1650 ft.² total. 725 sq ft on main level with second bedroom upstairs (in the attic space) - about 200 sq ft with outdoor entrance. The third bedroom is located In the studio apartment with a bathroom and small kitchenette in the basement. The basement can be separate from the rest of the house or included with stairs inside and outside.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades PK-4 • 1.6 mi
Grades 5-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,650 | 1,834 | 43% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $499.9K | $577.5K | 43% |
| Price per sq ft | $303 | $354 | 37% |
| Built year | 1927 | 1938 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 711 | 0% |
Mar 26, 2026
$499,900
Initial Listing