Florence New
REALTOR®
BEDS4
BATHS2 full
SQUARE FEET1,814
MLS#3186931
STATUSUnder Contract - Showing
PROPERTY TYPEResidential - Single Family
SUBDIVISIONRosebank
Property Description
Beautifully renovated mid-century ranch in the heart of East Nashville offering a rare blend of flexibility and income potential. Featuring 4 bedrooms and 2 full baths, this home is thoughtfully configured with 3 bedrooms and 1 bath on the main level, plus a fully separate walk-out basement apartment with 1 bedroom, 1 bath, kitchenette, living area, and private entrance. Ideal for short-term rental or extended stay, the lower level presents an opportunity to generate substantial income that could offset a significant portion-potentially even the entirety-of the mortgage. For those not seeking rental income, the basement offers exceptional versatility as a music studio, in-law suite, home office, gym, or creative space. The home also features a brand-new kitchen, updated baths, fresh paint, modern lighting, and an attached garage. Situated on an oversized lot just over half an acre-extending beyond the rear picket fence to the neighboring privacy fence-and zoned for sought-after Rosebank Elementary, this property combines space, location, and lifestyle in one compelling offering.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Apartment, Finished, Full
Cooling: Central Air, Electric
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.55 Acres
Stories: 1.0
Taxes: $4,090
Year Built: 1959
Amenities
Ceiling Fan(s)
Extra Closets
In-Law Floorplan
Open Floorplan
Feature Descriptions
Appliances: Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Days on Site: 23
Exterior: Brick
Flooring: Wood, Tile
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 100 X 260
Parcel#: 08304012100
Parking: Attached, Driveway
Parking Notes: Attached, Driveway
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Water: Public
Room Sizes
Bedroom 1: 12x12
Bedroom 2: 12x12
Bedroom 3: 12x12
Bedroom 4: 23x18
Dining Room: 12x12
Kitchen: 14x12
Living Room: 14x14
Local Schools
High School: Stratford STEM Magnet School Upper Campu
Middle School: Stratford STEM Magnet School Lower Campu
Elementary School: Rosebank Elementary
Listed By / Shown By
Listed By
Agency Name: Compass Tennessee, LLC
Agency Phone: 6154755616
Shown By
Agent Name: Florence New
Agent Phone: (615) 668-8007
Agency Title: ExCEL Real Estate & Development Co.
Estimate Your Payment
Estimated Payment
$ 2,102.64 per month $1,557.67 Principal & Interest $340.83 Property Tax $204.14 Homeowner's InsuranceChange Payment Information
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1216 Preston Dr | MLS# 3186931
This single family home located at 1216 Preston Dr, Nashville, TN 37206 is currently listed for sale with an asking price of $699,900. This property was built in 1959 and has 4 bedrooms and 2 full baths with 1814 sq. ft. Preston Dr is located in the Rosebank subdivision. Search Rosebank real estate on fnew.excelredtn.com today.