Back 1216 Preston Drive
Off Market

1216 Preston Drive

Nashville-Davidson metropolitan government (balance) TN 37206

4
2
6
1814 sq. ft.
0.55 ac.
Single-Family
Last sold for $699,900
Robert DrimmerRobert Drimmer, last sold this property on 15 June 2026 after 39 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
6 carspaces
4 open car spaces
2 garage spaces
1814 sq. ft. floor area
0.55 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Nashville-Davidson metropolitan government (balance) over the last 12 months, the estimated median property value of 1216 Preston Drive is $987.5k.

Median value
$987.5k
Estimated value range
$10k - $2.39m
Median days on market
22
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nashville-Davidson metropolitan government (balance). It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1216 Preston Drive

2026
Sold
$699,900
15 Jun 2026 by Robert Drimmer, of Compass Tennessee, LLC
2024
Sold
$580,000
01 Mar 2024 by Tim Bartlett, of PARKS
2015
Sold
$282,500
16 Nov 2015 by Melissa Lundgren, of VILLAGE

Happy sellers in Nashville-Davidson metropolitan government (balance)

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We have insufficient information to provide an overview of customer satisfaction for Nashville-Davidson metropolitan government (balance). Viewing the agent profiles, reviews and sales for Nashville-Davidson metropolitan government (balance) can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Nashville-Davidson metropolitan government (balance)

In the last 12 months, 80 four-bedroom single-family properties similar to 1216 Preston Drive, have been sold.

This represents a 10% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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