1504 62nd Ave N, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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Nashville, TN 37209
This Value-Add Residential Acquisition is listed at $240,000, situated in the premier The Nations neighborhood. While the price reflects a premium over the $220,903 Fair Market Value, the property’s Condition Rating of 5 provides a significant opportunity for forced appreciation through a full renovation. The 1930s structure includes a new HVAC system and a footprint optimized for a 2-bedroom, 2-bathroom expansion. Located near Sylvan Park Paideia Design Center, this asset is a strategic play for Fix-and-Flip Investors or Contractors targeting Nashville’s high-growth rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1504 62nd Ave N Subject | $240,000* List Price | 2 | 1 | 800 | $276 | - |
A 520 Elaine Ave Sold | $209,900 List Price | 3 | 1 | 978 | 0.9 mi | |
B 638 James Ave Active | $299,900 List Price | 3 | 1 | 850 | $353 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property requires a complete top-to-bottom remodel as explicitly stated in the listing description. While the HVAC system is new, all other interior and exterior components need significant work, and the agent advises bringing a contractor to showings, indicating the home is in need of substantial rehabilitation.
Situated in 'The Nations,' one of Nashville's most sought-after and rapidly appreciating neighborhoods, providing excellent long-term equity potential and rental demand.
The property offers a significant opportunity for a flip or rental investment, with ample room to expand the footprint and convert the layout into a more marketable 2-bedroom, 2-bathroom home.
The home features a brand-new HVAC system, which is a major capital expense already addressed, providing a head start on the necessary renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 756.
The property is in need of a complete top-to-bottom remodel, requiring a substantial budget and professional contracting work to bring it up to modern standards.
Zoning restricts the lot to a single dwelling only, which may limit the appeal for developers looking to maximize density or build multi-unit projects common in the area.
This house needs a complete remodel. The HVAC is new but everything else needs work. Only one house can be built on this lot. There is room to add onto the house. Bring a contractor with you to the showings. Add a second bath where the side porch is and make it a 2/2 and it will make either a great rental or flip.
No exterior & parking available.
Grades PK-4 • 1.2 mi
Grades PK-4 • 1.6 mi
Grades PK-4 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 800 | 1,650 | 8% |
| Lot Size | 3,920 | 7,405 | 19% |
| Price | $240.0K | $520.0K | 25% |
| Price per sq ft | $300 | $341 | 39% |
| Built year | 1930 | 1960 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 697 | 0% |
Apr 9, 2026
$240,000
Initial Listing