
Nashville, TN 37208
This Fully Renovated Triplex is a High-Potential Investment Opportunity listed at $550,000—positioned well below the $620,207 Fair Market Value by 11%. This valuation gap offers $70,207 in Instant Equity for the incoming owner. Featuring an Excellent Condition Rating, the property includes a new roof and modern upgrades like quartz countertops and luxury vinyl plank flooring. With two units already occupied, the asset provides immediate cash flow and reduced capital risk. This turnkey multi-family home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1604 Knowles St Subject | $550,000* List Price | 0 | 0 | 2,025 | $306 | - |
A 2713 Alameda St Sold | $429,900 | 0 | 0 | 1,323 | $325 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively renovated within the last year, featuring high-quality modern finishes including white shaker cabinetry, quartz countertops, subway tile backsplashes, and stainless steel appliances. The interiors boast new luxury vinyl plank flooring, fresh paint, and fully updated bathrooms with contemporary tile work and new vanities. Additionally, the property features a new roof installed less than six months ago, and while central HVAC is only in one unit, the overall level of recent capital improvement and turnkey interior condition meets the 'excellent' criteria.
All three units have been completely remodeled, providing a modern living environment and significantly reducing the need for immediate interior capital expenditures.
The property features a brand-new roof installed less than six months ago, offering long-term protection and peace of mind for a new owner.
As a triplex with two units already occupied, this property provides immediate cash flow for investors from the day of closing.
Central HVAC is only available in Unit B, which may result in lower rental premiums or future upgrade costs for Units A and C.
With two units occupied and unavailable for initial viewing, buyers have limited transparency regarding the interior condition and tenant care of the majority of the building.
Unit B is vacant for viewing only, units A and C are occupied. Please do not disturb the tenants. All units have been completely remodeled, new roof less than 6 months ago. Central HVAC on unit B only!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,025 | 1,323 | 71% |
| Lot Size | - | - | 50% |
| Price | $550.0K | $265.0K | 86% |
| Price per sq ft | $272 | $221 | 57% |
| Built year | 1960 | 1949 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 410 | 14% |
Feb 13, 2026
$550,000
Initial Listing