1404 Riverwood Dr, Nashville, TN 37216, Nashville, 37216 - 3 bed, 2 bath
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Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $539,900—positioned well below the $539,353 Fair Market Value (effectively at market). While the home carries a Condition Rating of 5, the 19,166 sqft lot and 2,521 sqft footprint provide significant upside for forced appreciation. Recent mechanical updates, including a 2023 HVAC and PVC plumbing, mitigate major infrastructure risks. This As-Is asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in the desirable Inglewood neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 Riverwood Dr Subject | $539,900* List Price | 3 | 2 | 2,521 | $214 | - |
A 1410 Greenland Ave Sold | $440,000 | 3 | 2 | 1,776 | $248 | 0.2 mi |
B 1107 Riverwood Dr Sold | $550,000 | 4 | 3 | 2,505 | $220 | 0.8 mi |
C 1425 Shelton Ave Sold | $450,000 List Price | 4 | 2 | 2,026 | 0.8 mi | |
D 1414 McAlpine Ave Active | $549,900 List Price | 4 | 2 | 2,010 | $274 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 and marketed as an 'Investor Special,' this property requires a full rehab. While the HVAC was updated in 2023, the interior images show significant neglect, including peeling walls and highly dated bathroom fixtures. The 'As-Is' and 'Cash or Hard Money' requirements further indicate the home is not in move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 2521.
Situated in the highly desirable Inglewood neighborhood of East Nashville, this property features a substantial 0.44-acre lot, offering rare space and privacy in a high-demand urban area.
The home boasts a new HVAC system (2023), updated PVC plumbing, and newer ductwork, providing a solid infrastructure that reduces the immediate capital expenditure for major systems.
The requirement for cash or hard money financing, coupled with an 'As-Is' sale condition, excludes traditional mortgage buyers and limits the potential buyer pool.
Marketed as an 'Investor Special,' the property requires a comprehensive overhaul and professional contracting to address its current state and bring it up to modern market standards.
Investor Special House in the East Nashville's Inglewood Neighborhood Offers 3 Bedrooms, 2 Full Baths, Den Room Which Could Be Converted to a Master Suit, Heated and Cooled Sunroom. HVAC is 2023, PVC Plumbing, Newer Duct Work, Hardwood Floor Under the Carpet. Bring Your Contractor and Have a Look. As-Is, Cash or Hard Money.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,521 | - |
| Lot Size | 19,166 | - |
| Price | $539.9K | $556.8K |
| Price per sq ft | $214 | $306 |
| Built year | 1938 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 484 |
Jul 9, 2026
$539,900
Initial Listing