1511 9th Ave N, Nashville, TN 37208, Nashville, 37208 - 3 bed, 3 bath
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Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $449,900—positioned well below the $447,712 Fair Market Value (Note: Market parity). Featuring a Mint Condition Rating following a comprehensive renovation, the home offers a large commercially zoned lot and modernized historic character. While the single-bath configuration and local school ratings present challenges, the $8,980 in closing credits enhances immediate affordability. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready property with unique commercial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1511 9th Ave N Subject | $449,900* List Price | 3 | 3 | 1,709 | $262 | - |
A 1629 11Th Ave N Sold | $403,900 List Price | 3 | 3 | 1,872 | 0.3 mi | |
B 1746 22nd Ave N Sold | $340,000 | 3 | 2 | 1,250 | $272 | 0.9 mi |
C 1629 11th Ave N Sold | $500,000 List Price | 3 | 3 | 1,910 | 0.3 mi | |
D 1535 11th Ave N Active | $450,000 List Price | 3 | 2 | 1,964 | $229 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1925, the property has undergone a comprehensive recent renovation (likely within the last 1-2 years). The interior features brand-new LVP flooring, modern recessed lighting, and a fully updated bathroom with contemporary tile and fixtures. The laundry/utility room shows a new water heater and modern cabinetry, and the exterior has been refreshed with new siding and paint, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1709.
The property is situated on a large commercially zoned lot, providing unique flexibility for investors or business owners to explore mixed-use or commercial opportunities beyond standard residential use.
The offering of up to $8,980 in credits toward closing costs or interest rate buy-downs significantly enhances affordability and provides a competitive edge in the current financing environment.
With only one full bathroom serving three bedrooms, the layout may present logistical challenges for families or co-living arrangements compared to homes with multiple full baths.
The assigned middle and high schools carry low performance ratings (3 and 2 respectively), which may limit the property's appeal to families prioritizing education and impact future appreciation.
*** Up to $8,980 in credits to be applied to closing cost or under market rates with preferred lender*** Renovated single family residence on a large commercially zoned lot providing endless opportunities for the property. The space features 3 bedrooms, 1 full bathroom, 2 half bathrooms, large updated kitchen and laundry room.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades K-4 • 12.8 mi
Grades 5-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,709 | 1,520 | 65% |
| Lot Size | 7,405 | 6,316 | 69% |
| Price | $449.9K | $350.0K | 59% |
| Price per sq ft | $263 | $274 | 43% |
| Built year | 1925 | 1955 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 591 | 1% |
Jun 1, 2026
$449,900
Initial Listing