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Market Statistics
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1113 McGavock Pike Unit ANashville, TN 37216
$499,900  
7  Bd
3  Ba
3,004  Sq. Ft.
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Exp. Reviewed
This home's numbers have been reviewed by the Awning team to ensure the best estimates are in place.

Key Insights
B+
Overall Niche neighborhood gradeThis neighborhood is a desirable place to live! See details
C
Overall Niche school gradeThe public schools in this area are okay. See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Renovation Cost Estimate

  • Partially repainting the interior of the home to neutral colors ($3004)
  • Because the home is more than 15 years old, we are budgeting $4,500 for any major items that may need replacing ($4500)





Flood zone is X. So, flood insurance is not required.

Comp address: 1018 Elvira Ave, Nashville, TN 37216

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
Fantastic location! Large 7 bedroom home! Outside renovated. Perfect investment opportunity, long term rent, OOcc Airbnb, renovate and flip or live in! Several ways to purchase. Close and walkable to great East Nashville amenities. Full commercial grade sprinkler system throughout this home. Back lot has been split to be built upon..... can be picked up as well for In-Law home or rental build. Classic 1920s features inside. All appliances stay. Bedroom rates are $800+ a room in this area. $5600 to $7000 a month rents. Above average Cap rate of 11.2% to 14%.
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Listed by: Jarod Dotson · DRE#: RTC58458 · Blackwell RealtySource: MLS logo mtrmls · MLS#: RTC2442002 · Originating MLS: RealTracs Middle Tenessee MLSAwning last checked: today at 4:59 AM | Last updated 10/19/2022Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$176
$/Unit
$529,900
Lot size
12,632
Built in
1920
Days on Awning
77

Copyright: Listing Information © 2022 Realtracs All Rights Reserved.Disclaimer: IDX information 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. This data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement (EULA) prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of 2022-10-19 15:44:01. 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.
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Awning AnalysisAwning uses its algorithms and a proprietary database of real rent and property information to estimate rent, rent growth, and property appreciation. Our team of real estate experts manually review and edit numbers for every property we surface in order to ensure the accuracy of this data. As part of the offer process, we do more thorough reviews of the numbers, working with local property managers and contractors.
NeighborhoodGet to know what living in 37216 is like.
Report Card for 37216Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B+

Public Schools
C
Commute
B+
Cost of Living
B-
Crime & Safety
A+
Diversity
A-
Good for Families
B
Jobs
B
Walkability
B-
Data provided by Niche.

Living in 37216
Bars
B
Coffee Shops
B
Health & Fitness
B
Nightlife
A-
Outdoor Activities
B+
Parks
A-
Restaurants
B+
Weather
B-
Data provided by Niche.

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Schools in 37216
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37216 StatsSee how this home compares to the zip code medians.
37216 Median
Home Value
$272,100
Rent
$1,113
Rent-to-Income
21.7%
Income
$61,641
This Home
Listing Price
$499,90084% higher than zip
Rent
$3,600224% higher than zip
Rent to Income
70.1%224% higher than zip
Market statistics provided by Niche.


Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 37216
    $79k
  • County
    $71k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37216
    18,729
  • Average in County
    24,078

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3721667%
% Owner Occupied for County58%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3721666%
% White Collar for County62%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3721638%
County41%

Age Distribution 37216
See the distribution of people by age in 37216.
Under 2025%
20 - 4432%
45-6428%
65+15%