996 Douglas Ave, Nashville, TN 37206, Nashville, 37206 - 4 bed, 5 bath
Loading property details...
Nashville, TN 37206
This Modern Luxury Single Family Residence is a Strong Value Opportunity, listed at $1,185,000—positioned well below the $1,278,216 Fair Market Value by 7%. This valuation gap offers $93,216 in Instant Equity. Featuring a 2024 Construction Condition Rating, the home includes a Rooftop Lookout Tower and an OOSTR-ready guest suite. While local school ratings are modest, the property’s walkability and high-end finishes make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 996 Douglas Ave Subject | $1,185,000* List Price | 4 | 5 | 3,659 | $349 | - |
A 2026 Greenwood Ave Sold | $953,022 | 4 | 4 | 2,906 | $328 | 1.0 mi |
B 1420 Roberts Ave Sold | $900,000 List Price | 4 | 4 | 2,312 | 0.5 mi | |
C 410A N 17th St Sold | $949,000 | 4 | 3 | 2,336 | $406 | 1.0 mi |
D 402 Rudolph Ave Sold | $916,000 | 5 | 4 | 2,645 | $346 | 1.0 mi |
E 402 Rudolph Ave Sold | $916,000 | 5 | 4 | 2,468 | $371 | 1.0 mi |
F 1000 Douglas Ave Active | $1,175,000 List Price | 4 | 5 | 3,659 | $321 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction featuring modern luxury finishes, high-end kitchen with designer cabinetry and premium appliances, and mint condition throughout with no maintenance required.
Listed at $1.185M despite a recent appraisal of $1.3M, providing the buyer with over $100,000 in immediate equity in a high-growth East Nashville corridor.
The property includes a guest suite with a separate entrance that is fully OOSTR-ready, offering a turnkey opportunity for Airbnb income or private guest hosting.
Features a rooftop Lookout Tower with downtown views, 10–12 ft ceilings, and a double-sided fireplace connecting to a private courtyard, designed for high-end hosting.
The assigned middle and high schools carry low ratings of 3 and 2 respectively, which may be a concern for families prioritizing public education.
Being located directly across from the Lincoln Tech redevelopment means residents may face ongoing construction noise and traffic as the new park and shops are built.
Just appraised at 1.3M. Ton of instant equity. 3 units sold, last one! Modern luxury home in one of East Nashville’s most desirable neighborhoods. Across from Lincoln Tech’s redevelopment with a new park, restaurants, and shops primed for long-term appreciation. Inside, enjoy 10–12 ft ceilings, designer finishes throughout, and a double-sided fireplace connected to the private outdoor courtyard. Multiple wet bars make entertaining seamless. The rooftop Lookout Tower offers a view of Downtown Nashville, perfect for New Year's & 4th of July fireworks. A guest suite with a separate entrance is fully OOSTR-ready for Airbnb or private hosting. Known for its walkability to Publix, Orange Theory, and top restaurants. Superior insulation ensures a quiet, peaceful interior. Incentives available
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 2.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,659 | 1,870.5 | 95% |
| Lot Size | 7,405 | 8,058.5 | 37% |
| Price | $1.19M | $566.2K | 91% |
| Price per sq ft | $324 | $344 | 46% |
| Built year | 2024 | 1938 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 744 | 1% |
May 31, 2026
$1,185,000
Initial Listing