1606 Stratford Ave, Nashville, TN 37216, Nashville, 37216 - 4 bed, 4 bath
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1606 Stratford Ave
Nashville, TN 37216
ACTIVE
CONDITION: TEAR DOWN
4Beds
4Baths
2,323Sq Ft
10,890Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$416,201
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well above the $416,201 Fair Market Value by -8%. Featuring a Condition Rating of 6, this asset requires a complete restoration or tear-down. The inclusion of Approved Floor Plans for a 2,500+ sqft home on a Large Corner Lot provides significant development flexibility. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a strategic East Nashville project.
Estimated Market Value
$416,201
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1941, this property has sustained severe fire damage and is currently unlivable. The interior is stripped to the studs with significant structural charring, no functional kitchen, baths, or systems, and the listing explicitly confirms approval for a complete tear-down.
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 = 10890, living area = 2323.
- Prime Location & Lot
Situated in the highly sought-after East Nashville area, this property occupies a spacious corner lot adorned with mature trees, offering significant curb appeal and land value.
- Development Ready
The sale includes approved floor plans for a 4-bedroom, 3.5-bathroom home exceeding 2,500 square feet, significantly streamlining the pre-construction phase for builders.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-03-12. The sold price is $400,000.00.
- Severe Fire Damage
The property has sustained significant fire damage and is being sold strictly as-is, necessitating a complete reconstruction or tear-down which requires substantial capital.
- Financing Limitations
Due to its uninhabitable condition and safety hazards, the property will likely require cash or specialized construction financing, limiting the pool of potential buyers.
About 1606 Stratford Ave
FIRE DAMAGE - Builder/ Investor opportunity to restore this East Nashvile home that has sustained fire damage - on a beautiful corner lot with mature trees. Being sold strictly AS-IS. Approved floor plans for a 4 Bed - 3.5 Bath - 2,500+ square feet included with sale. Approvals for home to be torn down has also been confirmed, providing the option to build new. Contact listing agent John Omer for any questions. All individuals entering the property waive any claims against the seller, listing agent, and selling brokerage for any injuries, damages, or losses resulting from their presence on the property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,323 | 2,093.129 |
| Lot Size | 10,890 | 10,890 |
| Price | $450.0K | $568.3K |
| Price per sq ft | $194 | $307 |
| Built year | 1941 | 1971 |
| HOA | $0 | $137 |
| Days on market | 8 | 69 |
Pricing History
Listed for Sale
Sep 1, 2026
$450,000
Initial Listing
Sold
Mar 12, 2026
$400,000
Public Record