
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $464,900—positioned above the $400,938 Fair Market Value. While the current valuation reflects a premium, the Condition Rating of 4 and the lot split potential provide significant long-term upside for redevelopment. The duplex structure offers immediate cash flow, making it a strategic Buy-and-Hold Asset. Given the high-growth location in 37206, this property is an ideal acquisition for Buy-and-Hold Investors or Developers focused on land value and future density.
Property is moderate renovation needed.
Built in 1984, the property is over 40 years old and features dated systems including baseboard heating and window AC units. While the interior has received basic cosmetic updates like newer laminate flooring and paint allowing it to remain functional and income-producing, the property is sold as-is with significant emphasis on its long-term redevelopment and land value.
The property offers significant investment upside with a lot that has the potential to be split into two separate parcels, catering to builders and developers looking for new construction opportunities.
As an active duplex with one unit currently leased and the other vacant, the property provides immediate cash flow while offering flexibility for an owner-occupant or market-rate repositioning.
Situated in the rapidly appreciating 37206 zip code, the property is ideally located near downtown Nashville and East Nashville’s popular dining and entertainment hubs.
The property is being sold in as-is condition, which may require buyers to budget for immediate repairs or significant capital for full redevelopment.
The assigned public schools, including Inglewood Elementary and Stratford High, have low ratings, which could impact long-term resale value to family-oriented buyers.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,449 | 1,967.444 |
| Lot Size | - | - |
| Price | $464.9K | $455.6K |
| Price per sq ft | $321 | $238 |
| Built year | 1984 | 1964 |
| HOA | $0 | $0 |
| Days on market | 156 | 82 |
May 21, 2026
$464,900
Initial Listing