1232 Kenmore Pl, Nashville, TN 37216, Nashville, 37216 - 1 bed, 1 bath
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Nashville, TN 37216
This East Nashville Redevelopment Asset is listed at $410,000, positioned above the $252,223 Fair Market Value to reflect its substantial land utility and urban density potential. Currently holding a Condition Rating of 6, the primary value is driven by the extra-deep 250-foot lot and eligibility for a Detached Accessory Dwelling Unit (DADU). The existing structure includes a flex space and unfinished basement, offering a footprint for expansion or total redevelopment near Riverside Village. This site represents a strategic acquisition for Developers or Fix-and-Flip Investors targeting high-demand infill projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Kenmore Pl Subject | $410,000* List Price | 1 | 1 | 1,112 | $227 | - |
A 1203 McChesney Ave Sold | $350,000 | 2 | 2 | 1,064 | $329 | 0.6 mi |
B 1043 E Trinity Ln Sold | $525,000 List Price | 3 | 1 | 1,294 | 0.7 mi | |
C 4006 Kennedy Ave Active | $360,000 List Price | 3 | 1 | 1,210 | $298 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1945 (>50 years) with no recorded renovations. The listing explicitly targets developers for redevelopment of the lot. Interior photos show a severely dated bathroom with wall damage and stained carpeting, while the description emphasizes land value and the potential for a new single-family home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1112.
The property features an extra-deep 250-foot lot and is eligible for a Detached Accessory Dwelling Unit (DADU), offering significant value-add opportunities for investors or developers in a high-demand area.
Ideally situated within walking distance to Riverside Village and in close proximity to Gallatin Pike, providing excellent access to local amenities, trendy dining, and transit.
The property is being sold in as-is condition, indicating that it likely requires substantial renovation or a complete teardown to reach its highest and best use.
With only one formal bedroom and one bathroom, the current configuration may struggle to appeal to traditional residential buyers without significant structural reconfiguration.
BACK ON THE MARKET *Investors and Developers* Welcome to 1232 Kenmore Place - a cottage located in the heart of East Nashville. This property is ready for a developer or investor to place their own stamp on the existing home, or to redevelop the lot with a new single family home. There is 1 bedrooms with a flex space that could be a bedroom, in addition to a bonus space. There is an unfinished basement. This property is walkable to Riverside Village, has an extra deep lot at 250 feet deep, eligible for a Detached Accessory Dwelling Unit, and is in close proximity to transit and amenities on Gallatin Pike. Seller is selling As-Is but inspections are welcomed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 0% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,112 | 1,734 | 14% |
| Lot Size | 13,068 | 12,850 | 50% |
| Price | $410.0K | $550.0K | 31% |
| Price per sq ft | $369 | $330 | 69% |
| Built year | 1945 | 1950 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 583 | 0% |
Mar 18, 2026
$410,000
Initial Listing
May 20, 1997
$52,600
Public Record