1025 Fairwin Ave, Nashville, TN 37216, Nashville, 37216 - 5 bed, 2 bath
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Nashville, TN 37216
This Value-Add Investment Asset is listed at $549,900, positioned above the $346,077 Fair Market Value due to its significant renovation potential in East Nashville. Currently holding a Poor Condition Rating, the property features a 1,470 sq ft unfinished basement and a private upstairs suite with a kitchenette, offering excellent house-hacking or dual-rental opportunities. While Cotton Elementary School provides a solid rating of 5, the primary value lies in the 10,890 sq ft lot and classic brick structure. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 Fairwin Ave Subject | $549,900* List Price | 5 | 2 | 2,205 | $157 | - |
A 1028 IVERSON AVENUE Sold | $385,000 List Price | 3 | 2 | 1,835 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this 82-year-old property is explicitly marketed as an investment opportunity 'ready for renovations.' While the brick exterior appears intact, the age and description suggest that the kitchen, bathrooms, and internal systems (HVAC/Electric) require a full rehab to meet modern standards, fitting the criteria for poor condition rather than a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2205.
The property features a unique layout with a private upstairs entrance and kitchenette, offering an excellent opportunity for a rental suite or house-hacking to offset mortgage costs.
With a 1,470 sq ft unfinished basement and a large level lot, there is substantial potential to increase the living area and equity through strategic renovations.
The property is positioned as an investment opportunity needing full updates, which will require a significant capital injection beyond the purchase price to make it move-in ready.
The assigned middle and high schools carry low ratings (3 and 2 respectively), which may limit the property's attractiveness to families prioritizing top-tier public education.
East Nashville investment opportunity! 💰 Prime level lot with a classic brick structure - ready for renovations to fit your vision. Main floor has 3 bedrooms and a full bath. Upstairs offers a private entrance with 2 bedrooms, 1 bath, and a kitchenette—ideal for rental income or a guest suite. Includes a 1,470 sq ft unfinished basement. More photos upon request! Buyer and/or buyer agent to verify all pertinent information.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,205 | - |
| Lot Size | 10,890 | - |
| Price | $549.9K | $556.8K |
| Price per sq ft | $249 | $306 |
| Built year | 1942 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 484 |
Apr 21, 2026
$549,900
Initial Listing
Feb 1, 1996
$77,500
Public Record