There are very few opportunities in East Nashville that truly allow you to live in one of its most coveted neighborhoods while dramatically offsetting—or even eliminating—your monthly mortgage payment. Welcome to 413 Lockland Drive, an exceptional Lockeland Springs property offering a thoughtfully restored 2-bedroom, 2-bath historic cottage paired with a… Read More beautifully designed 2-bedroom, 2-bath detached guest house. Whether you choose to live in the front and Airbnb the guest house, live in the guest house while generating income from the main home, or simply create the perfect multigenerational living arrangement, the possibilities are as flexible as they are financially compelling. Each residence enjoys its own private entrance, dedicated parking, and separately fenced outdoor space, creating an uncommon level of privacy rarely found with income-producing properties. Together, the two homes offer 1,822 square feet of beautifully designed living space, blending the timeless charm of the original 1940 cottage with the modern convenience of a detached accessory dwelling completed in 2021. Warm, inviting interiors, low-maintenance finishes, and unmistakable East Nashville character make this a property that feels as good as it performs. And perhaps the best part? You're in the heart of Lockeland Springs—just a short stroll to some of East Nashville's most beloved restaurants, coffee shops, parks, and local boutiques. Whether you're looking for a primary residence with significant income potential, a savvy investment, or simply one of the smartest ways to own in one of Nashville's most desirable neighborhoods, opportunities like this rarely come along. Read Less
Courtesy of Compass Tennessee, LLC.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
2
Square Ft.
1,822
Lot Size
0.17 Acres
Year Built
1940
MLS Number
3255220
Additional Details
Appliances & Equipment
Electric Oven, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Basement
Partial, Unfinished
Building
Built in 1940, Year Built Details: Existing, Living area: 1822, Living area units: Square Feet, Levels: Two, Construction Materials: Frame
Cooling
Central Air, Electric
Fence
Privacy
Floors
Wood, Vinyl
Heating
Central, Electric
Income
Gross Income: $58,000
Laundry
Electric Dryer Hookup, Washer Hookup
Lot
0.17 acres, Dimensions: 60 X 128, Level, Topography: Level
Sewer
Public Sewer
Taxes
Parcel Number: 08310007200, Annual Amount: $6,104
Utilities
Electricity Available, Water Available, Water Source: Public
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