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 $549,900—positioned well above the $365,513 Fair Market Value by -50%. While the list price exceeds current market estimates, the asset features a Condition Rating of 5, requiring a full interior rehab. Key infrastructure upgrades, including a 2023 HVAC and PVC plumbing, provide a solid foundation for value-add renovations. With a 0.44-acre lot and flexible layout, this project is best suited for Fix-and-Flip Investors or Contractors capable of managing significant structural and cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 Riverwood Dr Subject | $549,900* List Price | 3 | 2 | 2,521 | $145 | - |
A 1107 Riverwood Dr Sold | $550,000 | 4 | 3 | 2,505 | $220 | 0.8 mi |
B 1425 Shelton Ave Sold | $450,000 List Price | 4 | 2 | 2,026 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938, this 'Investor Special' requires a full interior rehab. While the HVAC (2023) and plumbing have been recently updated, the bathroom is severely outdated with 50+ year old fixtures and peeling walls. The listing's requirement for 'Cash or Hard Money' and 'As-Is' status confirms the property has significant cosmetic and potentially structural needs that prevent traditional financing.
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 sits on a substantial 0.44-acre lot, offering rare space and privacy for the area.
The home features significant infrastructure improvements including a new HVAC system (2023), PVC plumbing, and newer ductwork, reducing immediate capital expenditure for investors.
The requirement for cash or hard money financing excludes traditional buyers and those utilizing FHA or VA loans, limiting the potential buyer pool.
Sold strictly in as-is condition as an 'Investor Special,' the property necessitates a comprehensive renovation and a significant additional budget for repairs.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,521 | 1,808.5 | 85% |
| Lot Size | 19,166 | 13,068 | 71% |
| Price | $549.9K | $560.0K | 44% |
| Price per sq ft | $218 | $330 | 21% |
| Built year | 1938 | 1949 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 745 | 1% |
May 29, 2026
$549,900
Initial Listing