
Nashville, TN 37207
This Residential Income Asset is a High-Potential Investment Opportunity in the coveted East Nashville DADU Overlay. Listed at $450,000 against a $429,257 Fair Market Value, the property offers substantial land value and development upside. Currently holding a Poor Condition Rating, the 1930s structure is an "as-is" teardown candidate. Sold as a package deal with 1704 Lischey, the site features dual utility services and proximity to Shwab Elementary, Tom Joy Elementary, Jere Baxter Middle, and Maplewood High. With area comps reaching $1.475M, this is a strategic acquisition for Developers or Fix-and-Flip Investors.
Property is extensive renovation needed.
Built in 1930, this property is marketed primarily for its land value and development potential in a DADU overlay. The existing duplex is sold 'as-is' and requires extensive work; interior photos show very dated finishes including purple carpeting and wood paneling. The listing and AI analysis confirm poor structural condition, suggesting the home requires substantial rehabilitation or a complete teardown to reach its highest and best use.
Situated in a DADU overlay with neighborhood comps for new builds reaching up to $1.475M, this lot offers significant equity upside for investors or developers.
Located in the heart of East Nashville and just minutes from Downtown, the property sits in a high-demand area known for rapid appreciation and urban convenience.
The site is already equipped with dual water, electric, and gas services plus existing sewer, significantly reducing the initial site preparation costs and complexity for new construction.
The property is only available as a package deal with the adjacent lot (1704 Lischey), which requires a larger capital commitment and may limit the pool of potential buyers.
The existing 1930s duplex is being sold in 'as-is' condition and requires extensive work, likely necessitating a full renovation or a complete teardown to realize the land's highest and best use.
Minutes to Downtown - buildable East Nashville lot in Dadu Overlay. Sold with current duplex that will need work. As-is where-is. Sold together as package deal ONLY with 1704 Lischey (mls# 3154813 ). Has 2x water 2xelectric and 2x gas service, one sewer line in place . New builds with DADU selling between 1.2-1.475M comps attached. Cross listed as residential lot (MLS 3154823)
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,105 | 1,566 | 67% |
| Lot Size | - | - | 50% |
| Price | $425.0K | $410.0K | 56% |
| Price per sq ft | $202 | $262 | 33% |
| Built year | 1930 | 1984 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 271 | 11% |
Apr 3, 2026
$425,000
$450,000
-6% Price Drop
Initial Listing
Mar 15, 2026
$450,000
Initial Listing