
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $324,026 Fair Market Value (priced at market). While the home has a Condition Rating of 5, the corner lot and Shelby Hills location offer significant upside for redevelopment. The property features a deck and is situated near Kirkpatrick Elementary. This is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants looking to renovate or build new in a high-demand East Nashville pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1201 Sevier St Subject 2 bd · 1 ba · 768 sqft · $391 | $300,000* List Price | 2 | 1 | 768 | $391 | - |
A 904 South 14th Street Active 3 bd · 2 ba · 959 sqft · $381 · 0.3 mi | $365,000 List Price | 3 | 2 | 959 | $381 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (63 years old) with no evidence of major renovations. The interior features dated parquet flooring, old carpeting, and basic builder-grade finishes. The listing explicitly states the property is being sold 'as-is' for renovation or new construction, indicating that systems and interiors are at the end of their functional life and require a full rehab.
Situated in the highly desirable Shelby Hills neighborhood, the property offers exceptional walkability to Five Points and is less than two miles from Downtown Nashville.
The corner lot and surrounding high-end new construction make this an ideal candidate for a value-add renovation or a complete new build project.
Listed at a fraction of the cost of neighboring homes, this property provides a rare entry-level opportunity into one of East Nashville's most popular pockets.
The home is being sold in as-is condition, requiring significant renovation or a total rebuild to meet modern standards and maximize value.
With only 768 square feet of living area, the current structure is quite small, which may limit its appeal to buyers not looking for a major expansion or redevelopment.
Quaint home situated on a corner lot in the highly desirable Shelby Hills neighborhood of East Nashville. Enjoy a short walk to Five Points and the many restaurants, bars, coffee shops and retail destinations that make East Nashville such a popular place to live. Downtown Nashville is less than 2 miles away. The property is being sold as-is and presents an excellent opportunity for an owner occupant looking to renovate and add value and equity, or an investor seeking a rental property in a fantastic location. The property also offers potential for a new construction home. Several high-end new construction homes are currently being built along Sevier Street and throughout the immediate area, highlighting the continued investment in this pocket of East Nashville. A great opportunity to get into an exceptional location at a fraction of the price of many surrounding homes. Bring your vision and take advantage of the possibilities this property offers.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 768 | 2,045.139 |
| Lot Size | 5,663 | 10,890 |
| Price | $300.0K | $556.0K |
| Price per sq ft | $391 | $305 |
| Built year | 1961 | 1971 |
| HOA | $0 | $133 |
| Days on market | 150 | 70 |
Oct 21, 2026
$300,000
$325,000
-8% Price Drop
Initial Listing
Oct 6, 2026
$325,000
$340,000
-4% Price Drop
Initial Listing
May 27, 2026
$340,000
Initial Listing