
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned above the $410,943 Fair Market Value. While the pricing reflects a premium, the 15,682 sq. ft. lot and partially-finished basement apartment provide significant value-add potential through renovation and income generation. With a Condition Rating of 5, the home requires a full systems rehab. Located near Rosebank Elementary and Shelby Bottoms, this asset is an ideal project for Buy-and-Hold Investors or Contractors seeking to capitalize on East Nashville’s high demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 Mitchell Rd Subject 3 bd · 2 ba · 2,184 sqft · $188 | $480,000* List Price | 3 | 2 | 2,184 | $188 | - |
A 2402 Pafford Dr Sold 5 bd · 3 ba · 2,697 sqft · $154 · 0.3 mi | $415,000 | 5 | 3 | 2,697 | $154 | 0.3 mi |
B 2713 Eastland Ave Active 4 bd · 2 ba · 2,360 sqft · $254 · 0.4 mi | $599,900 List Price | 4 | 2 | 2,360 | $254 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 and featuring original cabinetry, wood paneling, and hardwoods, this property is over 70 years old with no evidence of major renovations. Given the 'as-is' status and the age of the home, the kitchen, bathrooms, and core systems (HVAC/Electric) likely require a full rehab to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 2184.
Situated in the desirable Rosewood Heights area, the home is within walking distance to Rosebank Elementary, Shelby Bottoms Park, and popular Eastland/Porter dining and businesses.
The partially-finished basement apartment features a separate entrance, offering excellent potential for a rental unit, guest suite, or house-hacking opportunity.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is being sold in as-is condition, which likely indicates deferred maintenance and the need for immediate capital investment for repairs or upgrades.
The listing relies on dated photography and unverified square footage from prior records, requiring buyers to perform extensive due diligence to confirm the home's current state and size.
Mid-century-modern charm with original hardwoods, wood paneling, and cabinetry. Partially-finished basement apartment with separate entrance. Walking distance to Rosebank Elementary, Shelby Bottoms, and restaurants/businesses on Eastland/Porter. Selling as-is | Open house 11am-1pm 10/24/26 | Most of these photos are from previous listings - updated photos coming soon | Sq footage based on prior listing, buyer to verify.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,184 | 2,045.139 |
| Lot Size | 15,682 | 10,890 |
| Price | $480.0K | $556.0K |
| Price per sq ft | $220 | $305 |
| Built year | 1955 | 1971 |
| HOA | $0 | $133 |
| Days on market | 11 | 70 |
Oct 13, 2026
$480,000
Initial Listing