
Nashville, TN 37216
This property presents a Strong Value Opportunity with a List Price of $360,000—positioned well below the $330,130 Fair Market Value by -9%. While the home carries a Condition Rating of 6, its 13,504 sqft lot offers significant potential for expansion or an ADU. The structure requires substantial capital expenditure, making it a strategic Value-Add Asset for those targeting the East Nashville market. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a total renovation or rebuild.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 Haysboro Ave Subject | $360,000* List Price | 3 | 2 | 1,234 | $268 | - |
A 803 Gwynn Dr Active | $358,000 List Price | 3 | 2 | 1,285 | $279 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Property was built in 1950 (74 years old) with no mention of renovations, exceeding the 50-year threshold for land-value focus. The listing description 'Amazing investment opportunity' and the aged exterior/roof visible in photos suggest the structure is likely unlivable or requires a total rebuild.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1234.
Situated in the highly sought-after East Nashville area, this property offers significant appreciation potential and strong appeal for investors or developers looking to capitalize on the local market growth.
The expansive 13,504 sqft lot provides ample space for potential home expansions, large-scale landscaping, or the addition of an accessory dwelling unit (ADU), which is a rare find at this price point.
Built in 1950 and marketed specifically as an investment opportunity, the home likely requires substantial capital expenditure for modern updates, structural repairs, or system overhauls.
With only 1,234 square feet distributed across three bedrooms and two bathrooms, the interior layout may feel cramped and may not meet the expectations of buyers seeking spacious modern floor plans.
Amazing investment opportunity in East Nashville!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,234 | 2,093.129 |
| Lot Size | 13,504 | 10,890 |
| Price | $360.0K | $568.3K |
| Price per sq ft | $292 | $307 |
| Built year | 1950 | 1971 |
| HOA | $0 | $137 |
| Days on market | 30 | 69 |
Aug 10, 2026
$360,000
Initial Listing