(615) 301-1650: MLS #3186931 Official listing information! Rosebank neighborhood - 1216 Preston Dr located in Nashville TN 37206, priced at $699900, with 4 bedrooms.
1216 Preston Dr Nashville TN - MLS #3186931 Close
Residential property for sale in Nashville, TN at 1216 Preston Dr. This 4 bedroom residential property is priced at $386/sqft.
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.
Electricity Available, Water Available
Electric Dryer Hookup, Washer Hookup
Ceiling Fan(s), Extra Closets, In-Law Floorplan, Open Floorplan
Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Stratford STEM Magnet School Lower Campus
Stratford STEM Magnet School Upper Campus
| Date | Details | Change |
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| Status Changed from Active to Under Contract - Showing | – | |
| Status Changed from Coming Soon / Hold to Active | – |
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| Date | Details | Change |
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| Status Changed from Active to Under Contract - Showing | – | |
| Status Changed from Coming Soon / Hold to Active | – |
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Listing information last updated on June 11th, 2026 at 2:10pm CDT.
Nashville, Tennessee, is renowned as "Music City," a moniker that reflects its deep-rooted connection to the music industry. This title was popularized in 1925 when a local radio announcer called the city "Music City, U.S.A." during a broadcast. But the nickname predates that broadcast by more than 50 years: the Fisk... read more »
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