1216 Preston Dr Nashville, TN 37206 Coming Soon
UPDATED: 05/03/2026 08:13 PM ON MARKET: 1 days on market
$699,900
4 Beds2 Baths1,814 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,814 sqft
Price per Sqft $385
Subdivision Rosebank
MLS Listing ID 3186931
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1959
Annual Tax Amount $4,090
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions 100 X 260
Property Sub-Type Single Family Residence
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.
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