1245 McAlpine Ave, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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Nashville, TN 37216
This 1940s cottage represents a High-Potential Investment Opportunity, listed at a List Price of $369,000—positioned slightly above the $359,058 Fair Market Value. While the property lacks an immediate equity gap, its Condition Rating of 4 and recent cosmetic refreshes provide a stable, move-in-ready foundation. The 9,148 sqft corner lot offers significant expansion potential, while the original hardwood floors and trim preserve historic character. This asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a manageable, value-add project in a desirable Nashville neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 McAlpine Ave Subject | $369,000* List Price | 2 | 1 | 832 | $432 | - |
A 2217 Pinewood Rd Sold | $290,000 | 2 | 1 | 800 | $363 | 1.0 mi |
B 1131 McAlpine Ave Sold | $465,000 | 2 | 2 | 1,080 | $431 | 0.3 mi |
C 1131 McAlpine Ave Sold | $465,000 | 2 | 2 | 1,080 | $431 | 0.3 mi |
D 1310 Newman Ave Sold | $464,900 | 2 | 1 | 1,088 | $427 | 0.4 mi |
E 1222 Ardee Ave Active | $390,000 List Price | 2 | 1 | 880 | $443 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the property has received a recent cosmetic 'refresh' including new kitchen flooring, paint, and bathroom fixtures (vanity/toilet). While functional and move-in ready, the kitchen cabinets are dated (painted over), and the home retains original 1940s doors and trim. Given the age and lack of documented major system overhauls (HVAC/Electric), it remains a dated structure requiring future modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 832.
This 1940s cottage retains its original charm with hardwood floors, trim, and doors, appealing to buyers seeking vintage aesthetics in the desirable East Nashville area.
Situated on a deep 9,148 sqft corner lot, the property offers significant outdoor living space including a covered side porch and back deck, providing rare privacy and expansion potential.
At only 832 square feet, the small two-bedroom, one-bathroom footprint may limit appeal for growing households or those requiring a dedicated home office.
As a limited service listing with unverified information, buyers face a higher due diligence burden and must manage direct coordination with the seller for all inquiries.
Adorable 1940 cottage on lovely, deep corner lot. Rented for past 26 years, recently refreshed with new vanity, toilet, kitchen floors and interior paint. Original doors, trim, and hardwood floors. Fireplace with gas logs, covered side porch, back deck, large attic and partial basement with washer/dryer. BUYER AND/OR BUYERS AGENT TO VERIFY ALL INFO - INFO NOT VERIFIED BY LISTING AGENT. LIMITED SERVICE LISTING - CONTACT SELLER DIRECTLY FOR ALL SHOWINGS/INQUIRIES. SELLER TO BE MAIN POINT OF CONTACT.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 832 | - |
| Lot Size | 9,148 | - |
| Price | $369.0K | $556.8K |
| Price per sq ft | $444 | $306 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 484 |
Jul 14, 2026
$369,000
Initial Listing
Aug 19, 1994
$52,500
Public Record