
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $349,999—positioned well below the $312,837 Fair Market Value by -11%. Featuring R6 Zoning on a rare double lot, this Condition Rating 6 asset is a land-value play intended for redevelopment. The site offers significant upside for builders looking to capitalize on East Nashville’s rapid growth. This is a strategic acquisition ideal for Developers or Buy-and-Hold Investors seeking to maximize density in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1619 Porter Ave Subject | $349,999* List Price | 2 | 1 | 783 | $400 | - |
A 1427 Roberts Ave Sold | $300,000 | 2 | 1 | 794 | $378 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1948 (>75 years old) with no recorded renovations. The listing explicitly states 'Sale is for lot only' and targets builders/developers, indicating the existing structure holds no value and the property is being sold for its land and R6 zoning potential.
The property features R6 zoning on a rare double lot, offering exceptional flexibility for builders and developers to create multiple units or a significant new construction project.
Situated in the heart of East Nashville’s fastest-growing corridor, the lot is minutes from popular local amenities, restaurants, and entertainment, ensuring high demand.
Surrounded by high-end new construction, this property is positioned in a high-appreciation area, making it a strategic acquisition for investors and developers.
The sale is for the lot only and the existing 1948 residence likely requires demolition, adding immediate clearing costs and logistical steps for the buyer.
Many of the nearby public schools carry low performance ratings, which may limit the appeal for certain family-oriented end-users in the resale market.
Zoned R6!! Located in the heart of one of East Nashville’s fastest-growing corridors, 1619 Porter Ave presents an incredible opportunity for builders, developers, and investors alike. Situated on a rare double lot zoned R6 and surrounded by impressive new construction, the possibilities here are endless.Whether you’re looking to build new, develop multiple units, or secure land in a high-demand location, this property checks all the boxes. Minutes from some of East Nashville’s most popular restaurants, shops, and entertainment, the location offers strong future potential and unbeatable convenience. Sale is for lot only. Please do not disturb owner.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 1.0 mi
Grades PK-4 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 783 | 1,800 | 3% |
| Lot Size | 6,534 | 8,276 | 21% |
| Price | $350.0K | $550.0K | 30% |
| Price per sq ft | $447 | $356 | 75% |
| Built year | 1948 | 1938 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 773 | 1% |
May 19, 2026
$349,999
Initial Listing
Oct 6, 1995
$12,497
Public Record