$6,650

closing credit¹

1516 Montgomery Ave Nashville, TN 37207

$560,000
4 beds
2 full
1,889 sqft
0.3 acres
$296 / sqft
House

Property details

About 1516 Montgomery Ave

Discover the perfect blend of modern elegance and prime location in this beautifully renovated home in East Nashville. Sitting on a generous 1/4-acre lot, this smart, energy-efficient home offers ample space and privacy. Step inside and be greeted by vaulted ceilings that seamlessly connect the kitchen, dining, and living areas, creating an open and inviting atmosphere. This home could serve as an in-law suite or an owner-occupied Airbnb with renderings of a kitchenette downstairs, providing flexibility and potential income opportunities. The heart of this home is the spacious kitchen, featuring elegant quartz countertops, a charming farmhouse sink, and a versatile island perfect for additional seating. Each bathroom is thoughtfully designed with full tiling, including a tub insert with fully tiled shower walls and floor, providing a spa-like experience. Recent renovations ensure peace of mind, with a new roof, kitchen appliances and cabinetry, water heater, and windows, updated electrical and plumbing systems, and a recently replaced HVAC and furnace in 2022. The home is also equipped with spray foam insulation for enhanced energy efficiency. Descend the spiral staircase to discover a finished basement, offering endless possibilities for entertainment or relaxation, along with a large bedroom complete with a walk-in closet. This space could easily serve as an in-law suite or an owner-occupied Airbnb, providing flexibility and potential income opportunities. Conveniently located less than 9 minutes from the upcoming 2027 Titan's Stadium and New East Bank Development, and just 10 minutes from the lively Downtown Broadway, this home perfectly balances modern living with accessibility. Ask us about the $1,500 lender incentives with Steadfast Mortgage+Brandon Carter!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,889 sqft
BasementYes
Lot size0.25 Acres
Year built1968
ParkingAsphalt
MLS #2777257
ViewCity

Summary

  • MLS Number: 2777257
  • MLS Name: REALTRAC
  • Office Name: Parks Compass
  • Office Phone: (615) 924-3833
  • Listing Agent: Zach Russell

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a yard

$560,000

1516 Montgomery Ave

$6,650

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 26, 2024
Home Sold
$360,000
Aug 26, 2024
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2023$67,175$2,185
2022$67,175$2,544
2021$67,175$2,185
2020$47,650$2,208
2019$47,650$1,503
2018$47,650$1,503
2017$47,650$981

History based on county public records data.

Nearby schools

3

Hattie Cotton Elementary School

Public Magnet PK-4

0.7 mi

1033 W Greenwood Ave

3

Tom Joy Elementary School

Public District PK-4

0.7 mi

2201 Jones Ave

3

Shwab Elementary School

Public District PK-4

0.9 mi

1500 Dickerson Pike

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,689. The majority of Nashville, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

35%
<35k
57%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 Montgomery Ave

This home is located at 1516 Montgomery Ave in Nashville, TN and zip code 37207 in the East Nashville neighborhood. This 1,889 square foot home, which was built in 1968, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $560,000.

While more than 37 listings in Nashville, TN in January 2025 were sold above asking price, there were more than 72 listings sold at asking price, and more than 217 were sold below. Between December and January 2025, Nashville, TN real estate market has seen increase in the number of listings by 11%. In January 2025 median list price was $535,581 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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