
Nashville, TN 37204
This property represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned above the $1,137,258 Fair Market Value. While priced at a premium, the R8 Zoning and corner lot location provide significant development upside, allowing for two detached homes. Featuring a Condition Rating of 3, the home offers Turnkey Historic Charm with a renovated primary bath and updated kitchen. This asset is ideal for Real Estate Developers or Owner-Occupants seeking a high-walkability lifestyle in 12 South with long-term land-use potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 Caldwell Ave Subject | $1,090,000* List Price | 3 | 2 | 1,760 | $531 | - |
A 929 Lawrence Active | $999,000 List Price | 3 | 2 | 1,842 | $542 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1930, the property is move-in ready with a recently renovated primary bath featuring modern double vanities and subway tiling. The kitchen is also updated, and the original hardwood floors are well-maintained. It fits the 5-15 year renovation window for a 'Good' rating, balancing historic charm with functional modern systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1760.
Situated in the highly coveted 12 South neighborhood, this property offers exceptional walkability to popular shops, restaurants, and coffee spots, providing a quintessential Nashville lifestyle.
Zoned R8 and located outside the Historic Overlay on a corner lot, the property offers a rare opportunity to build two detached homes, maximizing investment value for developers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1760, other record living area = 1846.
With a list price of $1.2M for 1,760 square feet, the property sits at a premium price point that may challenge buyers looking for more interior living space.
As a 1930s build, the property may require higher ongoing maintenance or future updates to aging systems not fully addressed by the recent cosmetic renovations.
*2 home Development opportunity, or amazing 12 south home to live in. Historic charm in the heart of great walkable neighborhood . This move-in-ready one-level home blends timeless character with thoughtful updates, including an updated kitchen and renovated primary bath, while preserving many original historic details. Enjoy an oversized screened porch, detached two-car garage, and a highly walkable location just blocks from the shops, restaurants, and coffee spots of 12 South, with easy access to Belmont University, Vanderbilt University, and downtown Nashville. Situated on a desirable corner lot and zoned R8, this property also offers exceptional develpment potential. Located outside the Historic Overlay, the zoning allows the opportunity for two detached homes, with the potential for each to front a separate street (buyer to verify all zoning and development possibilities). Whether you’re looking for a charming place to call home or an outstanding investment opportunity, this property offers the best of both worlds.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,760 | 2,093.129 |
| Lot Size | 8,712 | 10,890 |
| Price | $1.09M | $568.3K |
| Price per sq ft | $619 | $307 |
| Built year | 1930 | 1971 |
| HOA | $0 | $137 |
| Days on market | 35 | 69 |
Sep 2, 2026
$1,090,000
$1,149,000
-5% Price Drop
Initial Listing
Aug 22, 2026
$1,149,000
$1,200,000
-4% Price Drop
Initial Listing
Aug 5, 2026
$1,200,000
Initial Listing