
Nashville, TN 37206
This Historic Value-Add Asset represents a rare opportunity in the prestigious Lockeland Springs neighborhood. Listed at $825,000, the property is positioned relative to a $597,551 Fair Market Value, reflecting the high demand for un-restored 1905 Craftsman homes in this historic corridor. Carrying a Condition Rating of 5, the structure requires a comprehensive rehabilitation but retains original period detailing, 10-foot ceilings, and a stable foundation. The level lot with alley access provides significant DADU potential near Warner Elementary. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1310 Calvin Ave Subject | $825,000* List Price | 4 | 2 | 2,446 | $244 | - |
A 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,430 | $309 | 0.4 mi |
B 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,227 | $337 | 0.4 mi |
C 1600 Forrest Ave Sold | $900,000 List Price | 3 | 2 | 2,229 | 0.3 mi | |
D 1211 Ordway Pl Sold | $750,000 List Price | 4 | 3 | 2,944 | 0.1 mi | |
E 1618 Holly St Sold | $675,000 | 3 | 2 | 2,206 | $306 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905 with no significant updates since 1969, this property requires a total gut rehabilitation. The bathroom is severely deteriorated, and images show outdated/exposed electrical wiring, indicating major system obsolescence. While a structural report confirms the building is stable and not a 'tear-down,' the home is in poor condition and requires full replacement of all modern systems and finishes.
Situated in Lockeland Springs, one of Nashville's most sought-after neighborhoods, this property offers exceptional long-term value and high demand for restored historic homes.
The home retains rare 1905 architectural details, including 10-foot ceilings, original hardwood floors, three fireplaces, and five-panel doors, providing a unique foundation for a luxury restoration.
The level backyard with alley access presents an ideal opportunity for building a detached garage or DADU, maximizing the utility and value of the 8,712 sq. ft. lot.
Sold strictly as-is with no updates since 1969, the property requires a comprehensive and costly rehabilitation of all major systems and finishes.
Located within a Historic Overlay District, all exterior renovations must navigate strict local preservation guidelines, which can increase project costs and limit design flexibility.
Historic 1905 American Craftsman Bungalow Style Home Located in One of THE HOTTEST Areas in ALL of Nashville - LOCKELAND SPRINGS! Perfect Investment/Flip Opportunity. Owned by the Same Family since 1969, this Property has seen little to no updates, allowing the Original Four-Square Design and Much of its Original Period Detailing to Remain Intact. Such As: Hardwood Floors, Moldings/Millwork, 3 Fireplaces, Solid Wood 5 Panel Doors, Claw Foot Tub(s), Antique Hardware, and More! Salvage/Preserve what you can, Fix the Rest and Restore this Precious Gem to its former Glory. Home has Soaring 10 foot Ceilings on the Main Floor, Wide Entry Hall & Large Rooms. A Level Back Yard that backs to the Alleyway -Perfect for Building a Detached Garage. Home will Require Extensive Renovations. Given the Property’s Location within a Historic Overlay District, All Proposed Work Should be Coordinated with the Applicable Local Historic Zoning Authority to Ensure Compliance with Preservation Requirements. Home has Been Inspected by a Structural Engineer- The Report is Attached. According to the Engineer, "Structure Appears to be Generally Stable and Performing in a Manner Consistent with its Age.There is NO Evidence to Suggest Imminent Structural Failure or a Condition Warranting Demolition." Property will be SOLD AS-IS. Seller to Make NO Repairs.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades PK-4 • 1.5 mi
Grades 5-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,446 | 1,856 | 79% |
| Lot Size | 8,712 | 8,276 | 55% |
| Price | $825.0K | $555.0K | 75% |
| Price per sq ft | $337 | $346 | 47% |
| Built year | 1905 | 1938 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 775 | 1% |
Apr 16, 2026
$825,000
Initial Listing