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$899,900
EST. MARKET VALUE
$872,326
3% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $929,900—positioned well below the $931,096 Fair Market Value by 0.13%. Featuring a meticulous renovation from the studs, this property boasts an Excellent Condition Rating with a chef's kitchen and DADU eligibility. While local schools carry lower ratings, the home’s exceptional walkability in Historic Greenwood and modern luxury finishes offer a premium lifestyle. This is an ideal acquisition for Owner-Occupants seeking a turnkey residence or Long-Term Investors prioritizing future development potential.
Estimated Market Value
$872,326
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 4 bd · 3 ba · 2,297 sqft · $380 | $899,900* List Price | 4 | 3 | 2,297 | $380 | - |
A 944 West Ave Sold 3 bd · 3 ba · 2,248 sqft · $285 · 0.5 mi | $640,000 | 3 | 3 | 2,248 | $285 | 0.5 mi |
B 1315 Lillian St Sold 4 bd · 3 ba · 2,058 sqft · $437 · 1.0 mi | $899,000 | 4 | 3 | 2,058 | $437 | 1.0 mi |
C 1408 Douglas Ave Sold 4 bd · 4 ba · 2,589 sqft · $401 · 0.7 mi | $1,038,000 | 4 | 4 | 2,589 | $401 | 0.7 mi |
D 804 N 16th St Sold 3 bd · 3 ba · 2,067 sqft · $348 · 0.6 mi | $720,000 | 3 | 3 | 2,067 | $348 | 0.6 mi |
E 1211 Lillian St Sold 3 bd · 3 ba · 1,892 sqft · $418 · 1.0 mi | $790,000 | 3 | 3 | 1,892 | $418 | 1.0 mi |
F 1010 Maxwell Ave Active 3 bd · 2 ba · 1,612 sqft · $475 · 0.3 mi | $764,900 List Price | 3 | 2 | 1,612 | $475 | 0.3 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.
The property has been meticulously renovated from the studs, featuring a brand-new chef's kitchen with quartz countertops, modern hybrid rigid-core flooring, updated spa-inspired bathrooms, and new designer finishes throughout, leaving it in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovation
Meticulously renovated from the studs, this home offers the peace of mind of new construction while blending 1948 historic charm with luxury finishes like quartz countertops and a spa-inspired primary suite.
- Prime Walkable Location
Situated in the heart of East Nashville's Historic Greenwood, the property boasts exceptional walkability to iconic local favorites including Mas Tacos, The Pharmacy Burger Parlor, and various shops.
- Future Development Potential
The property is DADU eligible and features no HOA, providing a rare opportunity for owners to add a secondary dwelling unit for rental income or significant value appreciation.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools carry low ratings of 3/10 and 2/10 respectively, which may be a concern for families prioritizing the local public school system.
- Limited Lot Size
At approximately 5,227 square feet, the lot is relatively compact for a four-bedroom home, especially when factoring in the footprint of the detached two-car garage and potential DADU.
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, OPEN HOUSE SUNDAY (10/18) 2-4 PM. 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 | 2,045.139 |
| Lot Size | 5,227 | 10,890 |
| Price | $899.9K | $556.0K |
| Price per sq ft | $392 | $305 |
| Built year | 1948 | 1971 |
| HOA | $0 | $133 |
| Days on market | 29 | 70 |
Pricing History
Listed for Sale
Oct 16, 2026
$899,900
$919,900
-2% Price Drop
Initial Listing
Price Change
Oct 6, 2026
$919,900
$929,900
-1% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$929,900
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