914 Locklayer St, Nashville, TN 37208, Nashville, 37208 - 3 bed, 1 bath
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Nashville, TN 37208
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $294,999—positioned well below the $317,889 Fair Market Value by 7%. This valuation gap provides $22,890 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, this 2023 build features modern LVP flooring and updated systems just minutes from Amazon’s corporate hub and the Sounds Stadium. While the single-bathroom layout is a consideration, the prime urban location ensures high rental demand and long-term appreciation. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a low-maintenance urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 914 Locklayer St Subject | $294,999* List Price | 3 | 1 | 1,100 | $289 | - |
A 1606 Cockrill St Sold | $309,999 List Price | 3 | 2 | 1,258 | 0.8 mi | |
B 1904 Britt Pl Active | $349,000 List Price | 3 | 2 | 1,100 | $317 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is listed as built in 2023, placing it well within the <10-year age bracket for excellent condition. Visuals confirm a move-in ready interior with modern LVP flooring, fresh paint, updated trim, and a digital thermostat, indicating new or fully updated systems.
Situated just minutes from downtown Nashville, Amazon's corporate offices, and the YMCA, this property offers exceptional walkability and proximity to major employment hubs and entertainment.
Priced under $300,000 in a neighborhood where surrounding homes have sold for over $1 million, this property presents a significant opportunity for rapid appreciation and investment growth.
As a 2023 construction, the home is move-in ready and built to modern standards, offering the peace of mind of new systems and finishes with minimal immediate maintenance required.
The 3-bedroom layout is serviced by only a single bathroom, which may be a significant drawback for families or co-living arrangements and could impact future resale value.
The assigned public schools have low performance ratings (ranging from 2 to 4), which may deter families prioritizing high-quality educational districts.
Location! Location! Location! Great property in quiet neighborhood, a stones-throw from downtown. Ride your bike to the sounds stadium, walking distance to Amazon and downtown YMCA! Great Home for First time buyer or Investor! Move-in Ready! Capitalize on a down market and buy a home that would be a great nest egg. In the middle of homes that have sold for well over a Million Dollars!!
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,100 | 1,477 | 24% |
| Lot Size | 3,485 | 6,098 | 21% |
| Price | $295.0K | $350.0K | 38% |
| Price per sq ft | $268 | $274 | 47% |
| Built year | 2023 | 1955 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 591 | 1% |
Apr 3, 2026
$294,999
Initial Listing