
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well above the $436,366 Fair Market Value by 14%. While the current valuation reflects a premium, the Condition Rating of 5 indicates significant redevelopment upside. The lot’s potential for parcel splitting and the existing income-producing duplex structure provide a strategic path for forced appreciation. Featuring a deck and patio, this asset is ideal for Buy-and-Hold Investors or Real Estate Developers focused on long-term growth in the rapidly appreciating East Nashville market.
Property is extensive renovation needed.
Built in 1984 (40 years old), the property features outdated systems including window AC units and electric baseboard heating. The listing description explicitly emphasizes 'redevelopment upside' and 'value in the land,' suggesting the structure requires significant rehab to meet modern standards.
The lot offers significant investment upside with the potential to be split into two separate parcels, providing a rare opportunity for new construction in a high-demand area.
This income-producing duplex features one currently leased unit and one vacant unit, offering immediate rental income and flexibility for an owner-occupant or investor.
Situated in a rapidly appreciating East Nashville neighborhood, the property is ideally located near downtown, major interstates, and popular local entertainment hotspots.
The property is being sold in as-is condition, which may necessitate additional capital for repairs or modernization to reach its full market potential.
The assigned public schools for this address currently hold low performance ratings, which could be a deterrent for families prioritizing educational district quality.
Rare opportunity to own an income-producing duplex with significant redevelopment upside in one of Nashville’s rapidly appreciating neighborhoods! Located at 1115 A & B Campbell St, this property offers immediate rental income with one side currently leased at $1,100/month on a month-to-month basis, while the vacant unit was previously rented for $1,595/month, creating flexibility for an owner-occupant or investor. The true value may be in the land, as the lot has the potential to be split into two separate parcels for future development opportunities. Surrounded by ongoing revitalization and new construction, this area continues to attract builders, investors, and buyers seeking close proximity to downtown Nashville and East Nashville hotspots. Whether you’re looking for passive income today, a long-term hold with appreciation potential, or a redevelopment project, this property offers multiple exit strategies. Conveniently located near restaurants, entertainment, major interstates, and all the growth Nashville has to offer. Opportunities with both current cash flow and future development potential are becoming increasingly difficult to find in this location. Property being sold as-is.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.5 mi
Grades 5-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,449 | 2,925 | 14% |
| Lot Size | - | - | 50% |
| Price | $499.0K | $585.0K | 29% |
| Price per sq ft | $344 | $200 | 86% |
| Built year | 1984 | 1964 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 424 | 14% |
May 21, 2026
$499,000
Initial Listing