314 Hancock St, Nashville, TN 37207

Historic East Nashville opportunity in the heart of Cleveland Park! 314 Hancock St is a rare 5 bed, 3 bath home offering flexibility, character, and development potential under SP zoning.nnThis updated home features a unique layout thats hard to find in the area - very few homes on the street offer five true bedrooms. nnZoned SP (Specific Plan), this property allows for a Detached Accessory Dwelling Unit (DADU) by right. The lot qualifies for up to a 750 sq ft footprint (subject to SP guidelines), and alley access makes future development practical. Ideal setup for owner-occupied STR (buyer to verify all short-term rental regulations), long-term rental income, or future expansion.nnSeller is offering a credit at closing to allow the buyer to replace the newly installed carpet with LVP flooring and/or tile to better fit their vision or investment strategy.nnLocated just blocks from some of East Nashvilles best dining and retail, and minutes to Downtown. With the upcoming Oracle riverfront development and continued investment throughout the area, this pocket continues to see strong growth and demand.nnWhether youre looking for a primary residence with upside, a house hack opportunity, or a long-term hold with development potential, this property offers multiple strategic paths.nnBuyer and buyers agent to verify all pertinent information including zoning, STR eligibility, and development potential.