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Crye-Leike, Realtors
1216 Preston Dr, Nashville, TN 37206
- $699,900
- 4
- BD
- 2
- BA
- 1,814
- SqFt
- Sold Price
- $699,900
- List Price
- $699,900
- Status
- CLOSED
- MLS#
- 3186931
- Days on Market
- 43
- Closing Date
- Jun 15, 2026
- Bedrooms
- 4
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 1,814
- Lot Size
- 23,958
- Acres
- 0.55
- County
- Davidson County
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.
Additional Information
- Amenities Other
- Ceiling Fan(s), Extra Closets, In-Law Floorplan, Open Floorplan
- Basement Description
- Apartment, Finished, Full
- Bedrooms Main
- 3
- Construction Type
- Brick
- Cooling System
- Central Air, Electric
- Elementary School
- Rosebank Elementary
- Floor Types
- Wood, Tile
- Garage Capacity
- 2
- Garage Description
- Attached, Driveway
- Heating System
- Central, Electric
- High School
- Stratford STEM Magnet School Upper Campus
- Interior Other
- Ceiling Fan(s), Extra Closets, In-Law Floorplan, Open Floorplan
- Junior High School
- Stratford STEM Magnet School Lower Campus
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Living Area
- 1,814
- Lot Dimensions
- 100 X 260
- Number Of Stories
- 1
- Sewer System
- Public Sewer
- Subdivision
- Rosebank
- Subtype
- Single Family Residence
- Tax Amount
- $4,090
- Water Source
- Public
- Year Built
- 1959
- Type
- Single Family Residential
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Listing courtesy of Compass Tennessee, LLC. Selling Office: Compass RE.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.