
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $799,900—positioned well above the $650,217 Fair Market Value by -23%. While the list price exceeds current valuation, the R6 Zoning and 2,823 sq ft footprint in Lockeland Springs offer significant redevelopment potential. Featuring a Condition Rating of 5, this asset requires a full-scale renovation to reach its high-end market ceiling. This is a strategic acquisition for Fix-and-Flip Investors or Experienced Developers capable of maximizing the value of this prime East Nashville lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1612 Woodland St Subject | $799,900* List Price | 4 | 3 | 2,822 | $230 | - |
A 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,430 | $309 | 0.8 mi |
B 1211 Ordway Pl Sold | $750,000 List Price | 4 | 3 | 2,944 | 0.5 mi | |
C 1027 W Eastland Ave Sold | $750,000 | 4 | 2 | 2,227 | $337 | 0.8 mi |
D 1618 Holly St Sold | $675,000 | 3 | 2 | 2,206 | $306 | 0.1 mi |
E 1310 Calvin Ave Active | $825,000 List Price | 4 | 2 | 2,446 | $337 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930 and marketed as an 'investor special' for a 'high-end flip,' this property shows significant age with a dated kitchen, mismatched appliances, and worn interior finishes. While currently livable, the 'as-is' status and description of being a 'canvas for renovation' indicate that major systems and cosmetic elements are well beyond their functional lifespan and require a full rehab.
Situated in the highly sought-after Lockeland Springs neighborhood with nearby comps exceeding $1M, offering significant potential for value appreciation through renovation.
Currently configured as two separate living units and zoned R6, the property provides versatile options for rental income, house hacking, or redevelopment.
This 1930s classic features a solid brick exterior, a covered front porch, and timeless character, providing a high-quality foundation for a luxury restoration.
Marketed as an 'investor special' and sold in 'as-is' condition, the property likely requires a substantial financial investment to modernize and repair.
The property is currently tenant-occupied with strict 'do not disturb' instructions, which may limit immediate access for inspections or owner-occupancy.
Investor special or incredible opportunity to create your dream home in the heart of highly sought-after Lockeland Springs! This classic 1930-built home offers approximately 2,823 sq ft with 4 bedrooms, 3 baths, and sits on a generous 7,405 sq ft lot in one of East Nashville’s most desirable neighborhoods. Currently configured as two separate living units, this property presents multiple value-add opportunities—ideal for investors, house hackers, or those looking to convert back to a stunning single-family residence. Zoned R6, offering flexibility for redevelopment or expansion potential (buyer to verify). Enjoy the charm of a covered front porch and timeless character throughout, with original elements ready to be restored or reimagined. Solid brick exterior, mature lot, and classic East Nashville architecture provide the perfect canvas for renovation or a high-end flip. Located just minutes from downtown Nashville and walkable to some of East Nashville’s favorite spots, parks, and dining, this location is hard to beat. Surrounded by renovated homes and new construction, the upside potential is significant with strong neighborhood appreciation and nearby comps pushing well into the $1M+ range. Whether you’re looking for your next investment project, income-producing property, or a chance to build equity in a prime location, this is the one. Sold as-is. Property currently configured as two units. Tenant occupied—DO NOT DISTURB.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades PK-4 • 1.3 mi
Grades 5-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,822 | 1,856 | 90% |
| Lot Size | 7,405 | 8,276 | 37% |
| Price | $799.9K | $555.0K | 75% |
| Price per sq ft | $283 | $346 | 31% |
| Built year | 1930 | 1938 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 775 | 1% |
May 12, 2026
$799,900
Initial Listing