1110 Stratford Ave, Nashville, TN 37216, Nashville, 37216 - 3 bed, 3 bath
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Nashville, TN 37216
This Development-Ready Historic Asset is listed at $800,000, aligning with its $800,000 Fair Market Value. Despite the market-rate entry, it represents a High-Potential Investment Opportunity due to its approved two-lot subdivision in Historic Inglewood. The massive 20,909 sqft lot allows for a dual-home strategy once the non-conforming addition is removed. Currently in Unfinished Condition, this value-add project offers substantial forced appreciation for Fix-and-Flip Investors or Professional Builders looking to capitalize on Nashville’s high-demand historic districts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1110 Stratford Ave Subject | $800,000* List Price | 3 | 3 | 1,880 | $426 | - |
A 4106 Edwards Ave Sold | $595,900 | 3 | 1 | 1,599 | $373 | 0.8 mi |
B 1150 Shelton Ave Sold | $719,900 | 3 | 2 | 1,692 | $425 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the interior of the historic portion shows recent updates including laminate flooring, fresh paint, and a modernized bathroom, the property is marketed as a mid-renovation project for builders. It contains a 731 sqft non-conforming unfinished addition that requires removal to split the lot, and the listing explicitly states it needs finishing or substantial rehabilitation, making it unlikely to qualify for standard financing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1880.
The property is approved by historic and planning departments to be deeded back into two separate lots, offering a rare opportunity to build an additional home in a high-demand area.
Situated in the highly coveted Historic Inglewood neighborhood, the property benefits from strong market demand and the prestige of a well-established Nashville community.
To realize the two-lot potential, the existing 731 sqft non-conforming addition must be removed, adding immediate labor costs and logistical complexity to the project.
The property is currently in a state of mid-renovation with unfinished additions, likely requiring specialized financing or a cash purchase as it may not meet standard appraisal requirements.
ATTENTION Builders & Renovators! You have two options: 1) finish renovating 2611sf home OR 2) renovate 1880sf home and also build an additional home of your dreams in highly coveted Historic Inglewood! This is not an HPR or rezone but approved by historic/planning to be deeded back into two lots (currently a single lot) once the existing 731sf non conforming unfinished addition is removed. Existing historic portion of house has interior updates and basement. Agent related to Seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,880 | 1,749 | 55% |
| Lot Size | 20,909 | 12,850 | 76% |
| Price | $800.0K | $550.0K | 83% |
| Price per sq ft | $426 | $330 | 85% |
| Built year | 1948 | 1950 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 1468 | 617 | 61% |
Apr 16, 2022
$800,000
Initial Listing