1641 Chase St, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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1641 Chase St
Nashville, TN 37216
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
1,000Sq Ft
7,841Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$298,824
8% AboveMARKET VALUE
SUMMARY
This vacant lot represents a High-Potential Investment Opportunity, listed at a List Price of $350,000—positioned above the $307,428 Fair Market Value by 13%. While the current valuation reflects a premium for land in the trendy 37216 zip code, the 2026 build date ensures modern energy efficiency and current building codes. With a Condition Rating of 6, this project offers significant Customization Potential for buyers to tailor finishes. This is an ideal acquisition for Custom Home Builders or Owner-Occupants seeking a modern, high-utility residence in East Nashville.
Estimated Market Value
$298,824
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1641 Chase St Subject | $325,000* List Price | 2 | 1 | 1,000 | $299 | - |
A 2905 Murray Cir Sold | $351,700 | 3 | 1 | 1,149 | $306 | 0.4 mi |
B 2162 Rock City St Sold | $302,000 | 3 | 1 | 918 | $329 | 0.3 mi |
C 911 Carolyn Ave Sold | $365,900 | 2 | 2 | 1,159 | $316 | 0.8 mi |
D 2619 Pennington Ave Active | $235,000 List Price | 2 | 1 | 884 | $266 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The listing is for a vacant lot with no existing structure; the price reflects land value only as per the description and provided image.
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 = 7841, living area = 1000.
- Customization Potential
Since the listing price is for the vacant lot with construction options, buyers have the unique opportunity to tailor the home's finishes and design to their specific preferences.
- Highly Desirable Location
Located in the 37216 zip code of East Nashville, the property sits in a trendy, high-demand neighborhood known for its strong appreciation and proximity to local amenities.
CONSRISKS & DEFICIENCIES
- Total Cost Uncertainty
The $350,000 list price only accounts for the land; the final cost of the project is variable and could significantly exceed the initial budget depending on construction choices.
- Limited Living Space
The proposed 1,000 square foot, 2-bedroom, 1-bathroom layout is relatively compact for a single-family residence, which may limit its appeal to larger families or those seeking more utility.
About 1641 Chase St
Listing price is for the vacant lot. The price of construction depends on options selected.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,000 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $325.0K | $568.3K |
| Price per sq ft | $325 | $307 |
| Built year | 2026 | 1971 |
| HOA | $0 | $137 |
| Days on market | 11 | 69 |
Pricing History
Listed for Sale
Sep 5, 2026
$325,000
$350,000
-7% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$350,000
Initial Listing