
Nashville, TN 37208
This Vintage Value-Add Asset represents a Strong Value Opportunity with a List Price of $250,000—positioned well below the $266,152 Fair Market Value by 6%. This valuation gap provides $16,152 in Instant Equity. While currently holding a Condition Score of 4, the property offers immense upside via DADU Eligibility on an expansive lot. Located near Robert Churchwell Museum Magnet Elementary and tenant-occupied, it promises immediate cash flow and long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 Dr DB Todd Jr Blvd Subject | $250,000* List Price | 2 | 1 | 879 | $303 | - |
A 1901 Salem Mason Dr Sold | $295,000 List Price | 3 | 1 | 875 | 0.8 mi | |
B 2604 Aspen Dr Sold | $295,000 | 3 | 2 | 840 | $351 | 0.9 mi |
C 2302 Osage St Sold | $305,000 | 3 | 1 | 916 | $333 | 0.4 mi |
D 1735 Dr Db Todd Jr Blvd Sold | $198,500 | 3 | 1 | 816 | $243 | 0.3 mi |
E 1847 25th Ave N Sold | $239,000 | 2 | 1 | 875 | $273 | 0.8 mi |
F 2111 14th Ave N Sold | $280,000 | 3 | 2 | 1,152 | $243 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is functional and currently tenant-occupied, but it shows clear signs of age and outdated styling. The kitchen and bathroom feature older fixtures and finishes, and interior images reveal unfinished drywall patches and wear. While the exterior has been maintained with siding, the porch and overall infrastructure require cosmetic updates and likely modernization of major systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 879.
The property is DADU (Detached Accessory Dwelling Unit) eligible, providing a rare opportunity for investors to add a second unit and significantly increase the property's value and rental income.
Located in a historic Nashville neighborhood just minutes from downtown with convenient interstate access, the property offers high desirability for commuters and urban professionals.
Built in 1928, the home may require significant capital expenditures for modernizing aging systems such as plumbing, electrical, and HVAC to meet current building codes.
With only 879 square feet of living space and a single bathroom, the compact layout may limit the pool of potential buyers or long-term tenants seeking more spacious accommodations.
Vintage single-family home located in historic Nashville neighborhood, offering both character & investment potential. Minutes from downtown with convenient interstate access. Excellent rental or investment opportunity. The lot is DADU (Detached Accessory Dwelling Unit) eligible. Currently tenant occupied.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 0.6 mi
Grades PK-4 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 879 | 1,346.5 | 14% |
| Lot Size | - | 6,098 | 7% |
| Price | $250.0K | $346.0K | 30% |
| Price per sq ft | $284 | $277 | 57% |
| Built year | 1928 | 1955 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 697 | 1% |
Mar 28, 2026
$250,000
Initial Listing