Old Fairgrounds Real Estate

Old Fairgrounds Real Estate

Welcome to Old Fairgrounds, a charming subdivision nestled in the heart of Nashville, Tennessee, within Davidson County. This vibrant community offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Old Fairgrounds boasts a rich history that resonates through its tree-lined streets and well-maintained homes. The subdivision features a variety of architectural styles, from classic ranch-style homes to modern builds, catering to diverse tastes and lifestyles. Residents enjoy spacious yards, perfect for outdoor gatherings, gardening, or simply soaking up the sun.

One of the standout features of Old Fairgrounds is its close-knit community atmosphere. Neighbors are friendly and welcoming, fostering a sense of belonging that is often hard to find in larger cities. The subdivision is also conveniently located near some of Nashville's best amenities, including parks, restaurants, and shopping centers. For those who appreciate the arts, the renowned Nashville music scene is just a short drive away, offering a plethora of live music venues, galleries, and cultural events.

Families will appreciate the proximity to highly-rated schools and recreational facilities, ensuring that children have access to quality education and extracurricular activities. The nearby parks provide ample opportunities for outdoor adventures, with trails for walking, jogging, and biking.

In Old Fairgrounds, you’ll find not just a place to live, but a community to call home. Discover the charm and convenience of this delightful subdivision—where the spirit of Nashville truly comes alive!

Newest Listings in Old Fairgrounds

$2,535,000
3226347 MLS ACTIVE Status 37210 Zip Code
SVN | Accel Commercial Real Estate is pleased to present Chestnut Flats — a 39-unit, high-upside value-add multifamily opportunity located at 1216–1220 Lewis Street in Nashville, Tennessee. Positioned in the rapidly transforming Chestnut Hill submarket within the 37210 zip code, the property offers investors a rare opportunity to acquire a partially offline asset with significant operational and physical upside just minutes from Downtown Nashville. Originally constructed in 1959 and 1969, Chestnut Flats consists of two buildings situated on 0.66 acres, providing a manageable scale for repositioning in one of the city’s most active infill corridors. With 19 of 39 units currently offline, the property presents a true “basis play” with immediate value creation through renovation and lease-up. This level of vacancy allows a new owner to execute a phased or full-scale repositioning strategy without significant disruption to in-place tenants — a scenario rarely available in today’s supply-constrained Nashville market. All units are subject to MDHA affordability restrictions (50% and 120% AMI) through July 2029, offering a clear runway for stabilized workforce housing cash flow in the near term, with the potential for long-term strategic repositioning upon expiration. Investors can capitalize on strong rental demand in the urban core while implementing interior and exterior upgrades to drive rents within the allowable thresholds. Chestnut Flats is ideally suited for experienced value-add and distressed asset investors seeking: - A discount-to-replacement-cost acquisition - Renovation with meaningful upside - Lease-up opportunity in a high-demand submarket - Proximity to Downtown, WeHo, and major employment hubs Surrounded by ongoing redevelopment, adaptive reuse projects, and continued population growth, the property benefits from its location within one of Nashville’s most rapidly appreciating urban corridors.

1216 Lewis St, Nashville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.