1508 Jones Ave Nashville, TN 37207
Talbot's Corner NeighborhoodEstimated payment $3,270/month
Highlights
- No HOA
- Tile Flooring
- Property has 1 Level
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
About This Home
Rare opportunity to own a renovated DUPLEX in East Nashville! 4 bedrooms/ 2 bath total (each unit has 2bd /2bath, separate utility meters for water/electric). New construction all around, walkable to many of the new hot spots like Highland Yards shops/restaurants/gym, All People coffee, Southern Grist, Golden Pony and more. Great rental history and excellent reviews. Perfect for investors or an owner occupant to live in one side and rent out the other monthly or short term. This is truly an opportunity to step right into an already established and well appointed rental &/or home. All appliances, decore & kitchen wares remain plus most furniture negotiable (except pink chair & one rug). Ring camera on each door and smart locks already in place. Easiest move of your life!
Renovations, updates & upgrades throughout completed in 2022. Beautiful white quartz counters, new cabinets, new flooring, and full bathroom renovation with new tile and designer finishes in unit B, with privately fenced in yard. Unit A newer formica counters, new flooring, renovated bathroom and many upgrades. Both units have new energy efficient wall heat/ac units for efficient heating and cooling. New fencing providing privacy and separating the back yard outdoor space. Parking for 8 cars (4 spaces per unit).
Currently used as 30+ day furnished rental (no STR permit needed for 30+ day rentals), owner occupant could get an STR permit for one side and move into the other.
Unit B typically rents for $2400/mo on Airbnb and Unit A last rented $1975/mo on 1yr lease.
To view please text listing agent & schedule in MLS. UNITS ARE TYPICALLY OCCUPIED, please give ample notice
Please schedule viewings for serious pre approved/funds verified buyers only
*No further price reductions or concessions will be entertained*
Listing Agent
Reliant Realty ERA Powered Brokerage Phone: 3107760513 License # 345365 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,073
Year Built
- Built in 1981
Lot Details
- Lot Dimensions are 63 x 153
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 4 Bedrooms
- 1,404 Sq Ft Home
- Property has 1 Level
- Fire and Smoke Detector
Flooring
- Laminate
- Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Shwab Elementary School
- Jere Baxter Middle School
- Maplewood Comp High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- The owner pays for electricity, water
- Rent includes electricity, water
- Assessor Parcel Number 07112032200
Community Details
Overview
- No Home Owners Association
- 2 Units
- Joywood Estates Subdivision
Building Details
- Operating Expense $3,600
- Gross Income $52,000
- Net Operating Income $48,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,073 | $125,160 | $64,400 | $60,760 |
| 2023 | $4,073 | $125,160 | $64,400 | $60,760 |
| 2022 | $4,073 | $125,160 | $64,400 | $60,760 |
| 2021 | $4,115 | $125,160 | $64,400 | $60,760 |
| 2020 | $2,609 | $61,800 | $36,800 | $25,000 |
| 2019 | $1,950 | $61,800 | $36,800 | $25,000 |
| 2018 | $1,950 | $61,800 | $36,800 | $25,000 |
| 2017 | $1,950 | $61,800 | $36,800 | $25,000 |
| 2016 | $1,344 | $29,760 | $6,000 | $23,760 |
| 2015 | $1,344 | $29,760 | $6,000 | $23,760 |
| 2014 | $1,344 | $29,760 | $6,000 | $23,760 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Price Changed | $550,000 | -2.7% | $392 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $565,000 | +41.3% | $402 / Sq Ft |
| 04/28/2022 04/28/22 | Sold | $400,000 | -11.0% | $285 / Sq Ft |
| 02/23/2022 02/23/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $449,615 | -- | $320 / Sq Ft |
Source: Realtracs
MLS Number: 2814686
APN: 071-12-0-322
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