$699,900

1216 Preston Dr, Nashville, TN 37206

4 beds |
2 baths |
1,814 sqft

Single-Family Home
Built in 1959
0.55acre lot
2 car garage
$386/sqft
Listed 6 days ago

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.

Listing Status:: Active
Date Added:: May 3, 2026
Data Last Updated:: May 9, 2026 at 6:19PM
Listing Office:: Compass Tennessee, LLC : 6094626636
Listing Agent:: Robert Drimmer : 6094626636
MLS ID:: 3186931

General: Ceiling Fan(s)Extra ClosetsIn-Law FloorplanOpen Floorplan
Appliances: Electric RangeDishwasherDisposalDryerMicrowaveRefrigeratorStainless Steel Appliance(s)Washer
Laundry: Electric Dryer HookupWasher Hookup
Basement: ApartmentFinishedFull
Flooring: WoodTile
A/C: Central AirElectric
Heating: CentralElectric

Parking: AttachedDrivewayParking spaces: 6

General: Two

Originating MLS: realtrac
County: Davidson CountyTN

Zoning: 08304012100

Utilities: Electricity AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: realtrac

This listing courtesy of Robert Drimmer , Compass Tennessee, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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