406 Myrtle St, Nashville TN 37206
Rare income-producing luxury in the heart of East Nashville! Built in 2022, this McFerrin Park residence spans 5 bedrooms, 5 full bathrooms, and 3,022 sq. ft. of thoughtfully designed living space. The hallmark feature is a completely separate, rentable living space—offering flexible options for passive rental income, house hacking, multi-generational living, or an executive guest suite. The main residence boasts an open-concept layout with rich wood and tile flooring, high ceilings, and premium finishes throughout. Exceptional bonus features include a rare full unfinished basement offering ma
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is offered at $308 per square foot, compared with a $430 median for active five-or-more-bedroom homes in Nashville. Its asking price falls near the 22nd percentile of that active group. The comparison uses 473 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 115 days, while the current cohort averages 53 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $540,000, and the median is $330 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 208D Myrtle St | Jun 18, 2026 | 3 bd · 1,940 sqft | $595,000 | 0.1 mi |
| 307 Neill Ave | Jun 22, 2026 | 4 bd · 2,176 sqft | $765,000 | 0.1 mi |
| 924A Marina St | Jun 8, 2026 | — · 1,104 sqft | $393,000 | 0.1 mi |
| 110 Myrtle St | Jul 16, 2026 | 4 bd · 2,087 sqft | $730,000 | 0.2 mi |
| 110 Myrtle St | Jul 13, 2026 | 4 bd · 2,087 sqft | $690,000 | 0.2 mi |
| 618 N 5th St | Jul 2, 2026 | 3 bd · 1,364 sqft | $450,000 | 0.4 mi |
| 807 N 5th St | May 22, 2026 | 3 bd · 1,661 sqft | $485,000 | 0.4 mi |
| 911 Chicamauga Ave | Jul 17, 2026 | — · 1,792 sqft | $450,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $989,000 · Active
- $974,900 · Active
- $974,900 · Active
- $969,900 · Active
- $959,300 · Active
- $959,300 · Active
- $957,300 · Active
- $949,700 · Active
- $939,900 · Active
- $929,900 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester60.5 miles straight-line · roughly 108 driving minutes
- Downtown Manchester61.2 miles straight-line · roughly 109 driving minutes
- Downtown Tullahoma64.4 miles straight-line · roughly 115 driving minutes
- Arnold Air Force Base66.2 miles straight-line · roughly 118 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report