
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $439,500—positioned well above the $368,982 Fair Market Value by -19%. While the current valuation reflects a premium, the Fair Condition Rating and 1949 build date necessitate a comprehensive renovation. The 9,583 sqft lot and potential to convert the utility room into a 3-bed, 2-bath layout provide significant value-add potential. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale modernization in this high-demand East Nashville corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Inglewood Dr Subject | $439,500* List Price | 2 | 1 | 1,190 | $310 | - |
A 803 Gwynn Dr Active | $358,000 List Price | 3 | 2 | 1,285 | $279 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949, this 75-year-old home exceeds the 30-50 year threshold for a poor rating without significant recent renovations. The interior shows dated fixtures and original-style hardwood, and the listing description explicitly states it 'will likely need some updating' and is 'perfect for someone looking to build their own space,' suggesting a full rehab of the kitchen, bath, and systems is necessary.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1190.
Situated on the riverside of Gallatin Road in Inglewood Heights, this property occupies a highly sought-after East Nashville location known for its strong market demand and accessibility.
The existing layout provides a clear opportunity to convert the utility room into additional living space, allowing for a transition from a 2-bed, 1-bath to a more desirable 3-bed, 2-bath configuration.
The property is noted to need updating, implying that buyers will need to budget for immediate capital improvements to modernize the 1949 structure.
With only two bedrooms and one bathroom in its current state, the home may have limited appeal for larger families or buyers seeking a move-in-ready residence.
Super location on the riverside of Gallatin Road. Presently is a 2 bed 1 bath. However, the utility room is between the garage and sunroom, for the possibility of becoming a 3 bed 2 bath. House will likely need some updating, but is in a prime location and perfect for someone looking to build their own space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,190 | 2,093.129 |
| Lot Size | 9,583 | 10,890 |
| Price | $439.5K | $568.3K |
| Price per sq ft | $369 | $307 |
| Built year | 1949 | 1971 |
| HOA | $0 | $137 |
| Days on market | 33 | 69 |
Aug 7, 2026
$439,500
Initial Listing
Jul 19, 1996
$73,000
Public Record