0 12th Ave N, Nashville, TN 37208, Nashville, 37208 - 5 bed, 3 bath
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Nashville, TN 37208
Analysis of 0 12th Ave N, Nashville, TN 37208 is currently available with a list price of $3,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1999, making it 25 years old and placing it in the 'Fair' category (>20y). While the listing is marketed as a 'covered land play' for a 24-unit development, the existing 4,404 sqft structure is dated by age and likely requires updates if not demolished for the proposed project.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46609, living area = 4404.
Extensive entitlement work is already complete, including site plans, Metro submittals, and engineering, which significantly reduces regulatory risk and accelerates the timeline to vertical construction.
Situated in the rapidly evolving Fisk/Meharry corridor of North Nashville, the property is positioned in a high-demand area with strong potential for appreciation and residential absorption.
The $3.2 million list price for land and plans requires substantial upfront liquidity and a high-risk tolerance for the subsequent costs of vertical development.
Categorized as a Single Family Residence despite being a 24-unit development site, which may complicate search visibility and require specialized commercial financing rather than traditional residential loans.
24 Units | Fisk/Meharry | Covered Land Play Located at the intersection of 12th Ave N & Ireland St, this fully advanced development opportunity presents a rare chance to deliver a 24-unit residential community in the heart of North Nashville’s rapidly evolving Fisk/Meharry corridor. Extensive upfront work has already been completed, significantly reducing entitlement risk and accelerating timeline to vertical construction. Site studies, site plan, Metro submittals, and schematic designs are finalized, with M2 Engineering and Dale & Associates having completed all preliminary engineering, including lot consolidation and grading permit preparation. The proposed development features a thoughtfully designed, modern townhome-style product with strong architectural appeal, rooftop outdoor spaces, and efficient density. Sale includes Parcels: 09204040000 & 09204039900. Reach out to Pete for full DD packet.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 4,404 | 1,520 | 97% |
| Lot Size | 46,609 | 6,316 | 99% |
| Price | $3.20M | $350.0K | 99% |
| Price per sq ft | $727 | $274 | 99% |
| Built year | 1999 | 1955 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 591 | 1% |
Apr 13, 2026
$3,200,000
Initial Listing