
Nashville, TN 37214
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $259,068 Fair Market Value by 3%. This valuation gap offers $9,068 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home provides a functional foundation for cosmetic updates. With a private patio and proximity to Nashville’s urban core, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a high-growth area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1134 Alandee St Subject | $250,000* List Price | 2 | 1 | 808 | $321 | - |
A 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.0 mi |
B 1139 Alandee St Active | $289,900 List Price | 2 | 2 | 841 | $345 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property is past the 20-year mark without significant renovations. The kitchen and bathroom feature original oak cabinetry, laminate countertops, and older white appliances that are functional but dated. While the home appears move-in ready, it requires cosmetic updates and likely system evaluations due to its age.
Priced at $250,000, this property offers a rare entry-level opportunity in Nashville's fast-growing market, making it highly attractive for first-time buyers and budget-conscious investors.
The option to purchase this home alongside the neighboring property (1139 Alandee) as a package deal provides significant upside potential for portfolio growth in a revitalizing area.
Situated in the River Glen subdivision, the home offers convenient access to Downtown Nashville, major music venues, and shopping, ensuring strong long-term demand and rental appeal.
With only 808 square feet of living area and a single bathroom, the property's small footprint may limit its appeal to larger families or those seeking more spacious accommodations.
While the local elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which could be a consideration for families with older children.
An incredible opportunity to own a home in one of Nashville's fastest-growing areas at an approachable price point. Whether you're a first-time homebuyer looking to put down roots or an investor seeking a long-term upside potential, this property offers exceptional value. Enjoy convenient access to Downtown, restaurants, music venues, shopping, parks, and cultural experiences that make Nashville one of the country's most dynamic cities. With exciting new developments, revitalization projects, and continued growth happening nearby, this is your chance to invest in both a home and a thriving community. 1139 Alandee is for sale as well- Will sell separately but sellers prefer to sell as a package.
No exterior & parking available.
Grades PK-4 • 2.8 mi
Grades PK-4 • 4.6 mi
Grades 5-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 808 | - |
| Lot Size | 3,049 | - |
| Price | $250.0K | $559.9K |
| Price per sq ft | $309 | $306 |
| Built year | 1996 | 0 |
| HOA | $65 | $0 |
| Days on market | 6 | 451 |
Jun 19, 2026
$250,000
Initial Listing
Oct 25, 1996
$67,075
Public Record