
Nashville, TN 37207
This property presents a High-Potential Investment Opportunity with a List Price of $399,000, positioned at its $399,000 Fair Market Value. While the structure carries a Condition Rating of 6 and requires a complete rehab or teardown, the 8,712 sqft lot and DADU eligibility provide significant upside for forced appreciation. Located in the rapidly developing Cleveland Park neighborhood, this asset is primed for high-end redevelopment. This is a strategic acquisition ideal for Fix-and-Flip Investors or Custom Home Builders seeking a prime urban development site.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 Stockell St Subject | $399,000* List Price | 3 | 1 | 972 | $410 | - |
A 310 Edith Ave Sold | $389,000 List Price | 2 | 1 | 1,017 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1910 and over 100 years old with no significant renovations; the listing explicitly states the property is being offered for land value or a complete rehab, indicating it is currently unlivable in its present state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 972.
The property is eligible for a Detached Accessory Dwelling Unit (DADU), providing a significant opportunity for rental income, guest quarters, or increased property value.
Situated in the rapidly growing Cleveland Park neighborhood of East Nashville, the lot is surrounded by high-end new construction homes priced up to $1M+, ensuring strong appreciation potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is being sold for land value or a complete rehab, meaning the existing 1910 structure likely requires significant capital investment to become habitable or marketable.
The assigned middle and high schools carry low ratings (2/10), which may limit the property's appeal to families prioritizing public education.
Exceptional opportunity in the heart of East Nashville’s rapidly growing Cleveland Park neighborhood! Situated on a generous lot, 1220 Stockell St is being offered for land value or a complete rehab and presents the perfect canvas for a custom dream home or high-end spec build. The property is eligible for a Detached Accessory Dwelling Unit (DADU), creating additional potential for guest quarters, rental income, or expanded living space. Surrounded by stunning new construction homes selling from the high six figures into the $1M+ range, this street continues to see strong redevelopment and appreciation. Minutes from downtown Nashville, top restaurants, coffee shops, breweries, and all the energy East Nashville is known for. Whether you’re a builder, investor, or homeowner looking to create something special, this is a rare chance to secure a prime lot in one of Nashville’s most desirable urban neighborhoods. Endless possibilities await on one of East Nashville’s most promising streets!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 972 | 1,450 | 10% |
| Lot Size | 8,712 | 8,712 | 50% |
| Price | $399.0K | $375.0K | 61% |
| Price per sq ft | $410 | $232 | 93% |
| Built year | 1910 | 1970 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 358 | 1% |
May 18, 2026
$399,000
Initial Listing