
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well below the $445,871 Fair Market Value by -12%. While the home carries a Poor Condition Rating due to necessary foundation and system repairs, the expansive 0.71-acre lot offers significant redevelopment potential in the McMahan/Maplewood area. With a 4-year-old roof and 7-year-old HVAC, the asset provides a foundation for value-add strategies. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Calvert St Subject 4 bd · 2 ba · 2,024 sqft · $220 | $499,900* List Price | 4 | 2 | 2,024 | $220 | - |
A 905 Joyce Ln Sold 3 bd · 2 ba · 1,544 sqft · $233 · 0.6 mi | $360,000 | 3 | 2 | 1,544 | $233 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property requires a full rehab. While the roof and main HVAC are relatively new (4 and 7 years respectively), the listing notes significant structural concerns including potential foundation repairs, non-functional upstairs cooling, and a bathroom requiring complete renovation. The age of the structure (>90 years) combined with these safety and system defects aligns with the poor condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 2024.
The expansive 0.71-acre lot in the McMahan/Maplewood area offers significant redevelopment opportunities, including the potential for multiple dwellings similar to nearby 'tall skinny' projects.
This 1930s home retains its original architectural charm and features original hardwood floors, providing a unique aesthetic for buyers interested in a classic restoration.
The property requires substantial repairs, including potential foundation work and window restoration, which may complicate financing and increase the total investment cost.
Sold strictly as-is, the home features a non-functioning upstairs cooling system and a bathroom requiring a complete renovation, placing the full burden of immediate repairs on the buyer.
1930s character. A spacious lot. More than one possible vision! Located in the McMahan/Maplewood subdivision of Davidson County, this 4-bedroom, 2-bath home sits on approximately 0.71 acres and retains many original features. Restore its charm or explore the property’s redevelopment potential, with two “tall skinny” homes down the street offering inspiration for a different approach. Buyer to independently verify zoning, density, lot requirements, and all necessary approvals; no representation is made that two homes can be built on this property. Price reflects renovation needs! Original wood floors await refinishing. The roof is approximately 4 years old, and the main-floor HVAC is approximately 7 years old. Significant work is needed including window repair; the upstairs bathroom requires a complete renovation; upstairs cooling is not functioning; and the foundation may require repairs. Bring your vision for restoration or explore a new chapter for this property. Sold as-is. Inspections welcome; seller will make no repairs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,024 | 2,045.139 |
| Lot Size | 30,928 | 10,890 |
| Price | $499.9K | $556.0K |
| Price per sq ft | $247 | $305 |
| Built year | 1930 | 1971 |
| HOA | $0 | $133 |
| Days on market | 10 | 70 |
Oct 23, 2026
$499,900
$539,999
-7% Price Drop
Initial Listing
Oct 14, 2026
$539,999
Initial Listing
Oct 9, 1996
$77,000
Public Record