918 Petway Ave, Nashville, TN 37206, Nashville, 37206 - 4 bed, 3 bath
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918 Petway Ave
Nashville, TN 37206
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,297Sq Ft
5,227Lot Size
Property Price
LIST PRICE$949,900
EST. MARKET VALUE
$891,639
6% AboveMARKET VALUE
SUMMARY
This Meticulously Renovated Historic Greenwood Home is a Strong Value Opportunity, listed at $949,900—positioned well below the $891,640 Fair Market Value by -6%. While the list price reflects a premium for its Mint Condition Rating and high-end Chef's Kitchen, the property offers significant long-term potential through its DADU Eligibility and detached garage. Located in a highly walkable neighborhood, it provides a sophisticated lifestyle for Owner-Occupants and Long-Term Investors seeking a turnkey asset in a prime Nashville location.
Estimated Market Value
$891,639
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 918 Petway Ave Subject | $949,900* List Price | 4 | 3 | 2,297 | $388 | - |
A 1315 Lillian St Sold | $899,000 | 4 | 3 | 2,058 | $437 | 1.0 mi |
B 1408 Douglas Ave Sold | $1,038,000 | 4 | 4 | 2,589 | $401 | 0.7 mi |
C 804 N 16th St Sold | $720,000 | 3 | 3 | 2,067 | $348 | 0.6 mi |
D 1211 Lillian St Sold | $790,000 | 3 | 3 | 1,892 | $418 | 1.0 mi |
E 1203 Chester Ave Sold | $720,000 | 4 | 4 | 2,465 | $292 | 0.9 mi |
F 904 Douglas Ave Active | $729,900 List Price | 4 | 4 | 2,357 | $310 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1948, the property has been meticulously renovated from the studs within the last year. It features a brand-new chef's kitchen with quartz countertops, modern spa-inspired bathrooms, new flooring, and updated systems throughout, meeting the criteria for a mint-condition, virtually new home.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovation
The home has been meticulously renovated from the studs, offering the charm of 1948 architecture combined with high-end luxury finishes and modern systems for a turn-key experience.
- Prime Walkable Location
Situated in the desirable Historic Greenwood area, the property boasts exceptional walkability to iconic East Nashville spots like Mas Tacos, The Pharmacy Burger, and local retail.
- DADU Eligibility
The property is DADU eligible and features a detached two-car garage, providing significant potential for future expansion, rental income, or a guest suite.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools carry low ratings (3 and 2 respectively), which may be a deterrent for families prioritizing public education quality.
- Limited Lot Size
With a lot size of just 5,227 square feet, the outdoor space is relatively compact for a home priced near $1 million, potentially limiting buyers seeking expansive yard space.
About 918 Petway Ave
Meticulously renovated from the studs, this stunning Historic Greenwood home seamlessly blends the timeless character of its 1948 architecture with today's most desirable luxury finishes. Offering 4 bedrooms, 2.5 baths, and no HOA, every detail has been thoughtfully redesigned for modern living. The open-concept floor plan features waterproof hybrid rigid-core flooring, designer lighting, and a chef's kitchen with quartz countertops, soft-close cabinetry, an oversized island, and elegant gold fixtures. The main-level primary suite offers a fireplace, spa-inspired bath, and custom walk-in closet with built-ins. A spacious bonus room provides the flexibility of a fourth bedroom, home office, or playroom. Enjoy a fully fenced backyard designed for entertaining, a new private driveway, and a detached two-car garage. Located just blocks from East Nashville favorites including Mas Tacos, The Pharmacy Burger Parlor, Publix, local shops, and restaurants, this home offers exceptional walkability. DADU eligible, providing additional future potential. A rare opportunity to own a virtually new home with historic charm in one of Nashville's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Cotton Elementary School
Grades PK-4 • 0.4 mi
5/10
Gra-Mar Middle School
Grades 5-8 • 3.2 mi
3/10
Maplewood Comp High School
Grades 9-12 • 3.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,297 | 2,093.129 |
| Lot Size | 5,227 | 10,890 |
| Price | $949.9K | $568.3K |
| Price per sq ft | $414 | $307 |
| Built year | 1948 | 1971 |
| HOA | $0 | $137 |
| Days on market | 40 | 69 |
Pricing History
Listed for Sale
Jul 31, 2026
$949,900
Initial Listing
Sold
Sep 23, 1994
$52,500
Public Record
Sold
Apr 29, 1994
$21,000
Public Record
Sold
Dec 1, 1993
$31,145
Public Record