1429 McGavock Pike, Nashville, TN 37216, Nashville, 37216 - 3 bed, 1 bath
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1429 McGavock Pike
Nashville, TN 37216
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,000Sq Ft
21,780Lot Size
Property Price
LIST PRICE$324,900
EST. MARKET VALUE
$297,056
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $324,900—positioned well below the $297,057 Fair Market Value by -9%. While the home carries a Fair Condition Rating (5/10), the expansive 0.5-acre lot and detached workshop with electric provide significant value-add potential. The property requires a full interior rehab to modernize the 1,000 sqft layout. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of executing a strategic renovation to build long-term equity.
Estimated Market Value
$297,056
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 (68 years old) with no evidence of major renovations to systems or interiors. The listing is sold AS-IS and explicitly invites 'design ideas,' indicating that the kitchen, bath, and finishes are dated and require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1000.
- Expansive Half-Acre Lot
The property features a generous 0.5-acre fenced lot, offering rare outdoor space, privacy, and room for expansion in a convenient Nashville location.
- Versatile Detached Workshop
A large detached garage/workshop equipped with electricity provides significant added value for hobbyists, storage, or a potential creative workspace.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- As-Is Condition
The property is being sold in as-is condition, indicating that the buyer will likely need to invest additional capital into renovations and repairs to modernize the space.
- Limited Living Space and Bathrooms
With only 1,000 square feet of living area and a single bathroom, the home's footprint is relatively small for a three-bedroom layout, which may impact daily functionality and future resale value.
About 1429 McGavock Pike
LOCATION, LOCATION! Bring your design ideas and make this home your own! This one-level home is perfect for first-time homebuyers or anyone looking for a property with room to add their personal touch. Situated on a generous half-acre lot in a convenient location near shopping, dining, and golf, the home features a living room that flows into the eat-in kitchen, creating a comfortable layout for everyday living. Step outside to enjoy the covered deck and fenced backyard, with plenty of room to relax, entertain, or let pets play. A large detached garage/workshop with electric offers excellent space for hobbies, projects, storage, or extra workspace. Approximately 20 minutes from Nashville International Airport and downtown Nashville, this property combines a spacious lot, useful extras, and convenient access to the city. A great opportunity to add your style and build equity! No HOA fees. 1% lender credit with use of preferred lender. Selling AS-IS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 21,780 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,000 | 2,045.139 |
| Lot Size | 21,780 | 10,890 |
| Price | $324.9K | $556.0K |
| Price per sq ft | $325 | $305 |
| Built year | 1956 | 1971 |
| HOA | $0 | $133 |
| Days on market | 12 | 70 |
Pricing History
Listed for Sale
Oct 15, 2026
$324,900
Initial Listing