502 E Iris Dr, Nashville, TN, 37204
About This Home
2,217 sq ft Commercial-Recording Studio/Residential flex property offering total flexibility for owner-operators or investors. Live/work capable with dual-use configuration, a lower tax basis due to rare Commercial/Residential zoning, and a prime Berry Hill location. Completely renovated down to the studs in 2015, this property offers a rare combination of high-end construction, technical capability, and true live/work versatility. Thoughtfully designed to meet zoning requirements, the property includes approximately 1,350 sq ft of studio space and 867 sq ft of residential space, while still allowing seamless integration between uses. Every major system was replaced, including roof, siding, windows, doors, electrical, plumbing, ductwork, and HVAC. Additional upgrades include spray foam insulation, hardwood flooring, and acid-washed concrete. Purpose-built for professional use, the studio was designed and constructed by Dave Mattingly of Sound Construction and professionally wired by Skinny Fish Audio. Features include a custom studio control room, 4-zone HVAC system, and a dedicated “clean” electrical circuit. The building is fully ADA compliant and includes two bathrooms with shower facilities, along with washer, dryer, dishwasher, and stove. Smart thermostats and a security system are also in place. Two separate Nashville Electric Service meter zones allow for flexible configurations. Nine on-site parking spaces. Turnkey property suitable for studio, office, residential, or mixed-use applications.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1947
Materials
- Roof: Asphalt
- Construction materials: Other,Brick
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Electric Range,Dishwasher,Dryer,Refrigerator,Stainless Steel Appliance(s),Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Features
- High Ceilings,Smart Thermostat
- Flooring: Concrete,Wood,Tile
- Finished area above ground: 2,217
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,217
- Total interior livable area: 2,217 sqft
Property
Details
- Parcel number: 11807020900
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch,Covered
Lot
- Lot size: 9,583 sqft
- Lot size dimensions: 65 x 143
Parking
- Total spaces: 9
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 9
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,124 | $133,488 |
| Home Insurance | $434 | $5,208 |
| Property Taxes | $1,044 | $12,528 |
| Electricity | $180 | $2,161 |
| Total | $12,782 | $153,384 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $2,200,000 |
| 2014-10-23 | Sold | $355,000 |
| 2007-07-30 | Sold | $305,000 |
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