1221 14th Ave S, Nashville, TN 37212, Nashville, 37212 - 3 bed, 1 bath
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Nashville, TN 37212
This Nashville Development Asset is listed at $630,000, positioned accurately at its $621,084 Fair Market Value. Marketed as a tear-down with a Condition Rating of 6, the primary value is concentrated in the 0.17-acre lot and its versatile R6 A Zoning, which permits two detached units or a duplex. The property features a significant City Skyline View and Alley Access, supporting high-end garage strategies in a proven redevelopment corridor. With nearby resale values peaking at $1.5M, this is a strategic acquisition for Builders and Small Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 14th Ave S Subject | $630,000* List Price | 3 | 1 | 996 | $624 | - |
A 1018 13th Ave S Sold | $725,000 | 4 | 2 | 1,188 | $610 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a tear-down opportunity with the value residing in the land and R6 A zoning. Built in 1940 with no recorded major renovations, the listing emphasizes redevelopment potential for two units rather than the condition of the existing 996 sqft structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 996.
The R6 A zoning allows for two single-family detached homes or a duplex, providing significant flexibility and profit potential for builders and investors.
Situated in a proven redevelopment corridor with nearby resale comparables reaching up to $1.5M, ensuring strong market support for new construction.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing 1940s structure is marketed as a tear-down, requiring the buyer to absorb demolition costs and manage a full-scale construction project.
The property recently returned to market due to failed buyer financing, which may indicate potential appraisal gaps or challenges in securing traditional lending for the land value.
Back to Market** Buyers financing fell through. Looking for a tear down opportunity in Nashville that allows two units under current zoning? 1221 14th Ave S sits on 0.17 acres, zoned R6 A, with alley access and full city utilities in place. Priced just right , this is a strategic infill play for builders and small developers. This property is positioned in a proven redevelopment corridor where resale demand supports new construction product. Builder Highlights: • 0.17 acre lot • Zoned R6 A • Two single family detached homes permitted • Duplex option allowed • Alley access for garage strategy • City water, sewer, electric on site • Existing structure livable but older, marketed as tear down Development Snapshot: Area build costs average approximately $150 per sq ft. Nearby resale comps range from $725,000 to $1.5M depending on size and finish level. The value is in the land and zoning flexibility. No special overlays referenced. Straightforward infill redevelopment opportunity. Ideal for a builder, investor, or small developer seeking a buildable lot in Nashville with established infrastructure and resale support. For zoning documentation, comparable sales, or a site walk, contact Buyers agent to verify all information
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 996 | 2,552 | 5% |
| Lot Size | 7,405 | 9,365.5 | 26% |
| Price | $630.0K | $945.0K | 31% |
| Price per sq ft | $633 | $431 | 86% |
| Built year | 1940 | 1930 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 330 | 2% |
Feb 9, 2026
$630,000
Initial Listing