
Nashville, TN 37206
This Versatile Residential Property represents a Strong Value Opportunity, listed at $499,000—positioned well below the $523,805 Fair Market Value by 4%. This valuation gap offers $24,805 in Instant Equity. Featuring a 2023 Renovated Kitchen and a Detached Studio, the home maintains a Condition Rating of 2. Its flexible walk-out lower level and prime East Nashville location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking house-hack potential in a high-growth neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 822 Douglas Ave Subject | $484,999* List Price | 4 | 2 | 1,536 | $329 | - |
A 874 Apex St Sold | $405,000 | 3 | 2 | 1,004 | $403 | 0.4 mi |
B 870 W Sharpe Ave Sold | $415,000 | 2 | 2 | 1,050 | $395 | 0.3 mi |
C 882 W Sharpe Ave Active | $499,000 List Price | 3 | 2 | 1,394 | $358 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property underwent a major renovation in 2023, including a brand-new kitchen with modern cabinetry and stainless appliances. Key systems have been recently updated, including the HVAC heat pump, electrical service, and water heater, meeting the criteria for a high-quality renovation under 5 years old.
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 = 1536.
The finished walk-out lower level and detached studio with a full bath provide exceptional flexibility for multigenerational living, a home office, or owner-occupied short-term rental opportunities.
Situated in a highly walkable neighborhood near the transformative Oracle East Bank project and popular local amenities, offering strong lifestyle appeal and long-term appreciation potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is zoned for middle and high schools with low performance ratings (3/10 and 2/10), which may deter families prioritizing public education.
At 1,536 square feet for a four-bedroom configuration across two levels, the individual room sizes and overall living space may feel constrained for larger households.
Welcome to 822 Douglas Avenue, where timeless East Nashville charm meets thoughtful modern updates in one of the city’s most walkable neighborhoods. This versatile home offers multiple living spaces, a detached studio, and an unbeatable location just minutes from some of East Nashville’s favorite restaurants, breweries, fitness studios, and entertainment. The main level features beautiful hardwood floors, abundant natural light, two spacious bedrooms, and an updated kitchen with modern cabinetry, countertops, and appliances, all renovated in 2023. The finished walk-out lower level offers incredible flexibility with a second living area, two additional bedrooms, a full bathroom, laundry, and a recreation room with direct access to both the front and back yard, making it ideal for guests, multigenerational living, or owner-occupied Airbnb/short-term rental potential. Step outside to enjoy the fully fenced backyard designed for relaxing and entertaining, complete with a spacious deck, charming gazebo, and plenty of room to gather. The detached studio with a full bathroom creates endless possibilities as a home office, creative space, or even fitness room, bonus points for a mature fig tree in the front yard. Meticulously maintained, this home offers peace of mind with numerous recent improvements, including a new kitchen and appliances (2023), hot water heater replacement, refurbished bathtub, repaired and freshly painted deck, septic ejector pump replacement, complete electrical system service, HVAC auxiliary heat pump replacement, and recent gutter improvements. Enjoy being just a short stroll from the new Xul Brewery, Highland Yards, Flora + Fauna, Garage Sale, D1 Fitness, Studio Pilates, and more. You’re also conveniently located near the Southern Land Company mixed-use development and the transformative Oracle East Bank project, placing you in the heart of one of Nashville’s fastest-growing and most sought-after communities.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades 5-8 • 2.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,536 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $485.0K | $568.3K |
| Price per sq ft | $316 | $307 |
| Built year | 1956 | 1971 |
| HOA | $0 | $137 |
| Days on market | 37 | 69 |
Sep 4, 2026
$484,999
$489,900
-1% Price Drop
Initial Listing
Sep 2, 2026
$489,900
$499,000
-2% Price Drop
Initial Listing
Aug 3, 2026
$499,000
Initial Listing