
Nashville, TN 37212
This property presents a High-Potential Investment Opportunity with a List Price of $999,900—positioned above the $967,331 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the R1 Duplex Zoning and large .22-acre lot offer exceptional redevelopment potential. The inclusion of a second-story apartment provides immediate rental income, while the rear alley access supports carriage-style additions. This is a strategic asset for Buy-and-Hold Investors or Developers targeting high-appreciation historic districts near Belmont University.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1706 Villa Pl Subject | $999,900* List Price | 5 | 4 | 2,234 | $433 | - |
A 1303 Ashwood Ave Sold | $1,070,000 | 3 | 3 | 2,215 | $483 | 0.6 mi |
B 1411 Beechwood Ave Sold | $1,200,000 List Price | 2 | 3 | 2,849 | 0.8 mi | |
C 2115 Bernard Ave Active | $799,900 List Price | 3 | 3 | 2,430 | $329 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1932, this property features a significantly outdated kitchen and older floor-vent HVAC systems. The listing explicitly targets builders and emphasizes 'redevelopment potential,' indicating the structure requires a major rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2234.
Situated in the highly sought-after Edgehill Village near Belmont University and Music Row, ensuring strong long-term demand and high appreciation potential.
The R1 Duplex zoning combined with a large .22-acre lot and rear alley access provides exceptional flexibility for new construction, expansion, or adding a carriage house.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
With 83 days on the market, the property may be facing pricing resistance or buyer hesitation regarding its current condition relative to the nearly $1M price point.
As a 1932 historic cottage, the property likely requires significant ongoing maintenance or costly updates to its aging systems to meet modern standards.
This charming historic cottage by Belmont University has a full second story apartment with a private exterior entrance and a large fenced-in backyard with a private back deck. The dining room area has two sets of doors that can close it off to be used as a 4th bedroom downstairs. New HVAC in 1st and 2nd level installed 2 years ago. This presents a rare development and investment opportunity in one of Nashville’s most sought-after historic neighborhoods, Or can be used as a great rental property. Edgehill Village. Zoned R1 Duplex, it is just a few doors down from Belmont University. The property combines prime location, strong long-term demand, and exceptional redevelopment potential. Set on a large .22 acre lot with rear alley access, the site offers flexibility for expansion. The alley access enhances the potential for new construction, detached garage or carriage-style additions, or pool. Surrounded by established homes, universities, restaurants, and retail, the property is well-positioned for builders, investors or homeowners seeking in a high-appreciation area with strong resale potential. Its proximity to Belmont, Music Row, 12 South, and The Gulch further strengthens the long-term desirability.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,234 | 2,093.129 |
| Lot Size | 9,583 | 10,890 |
| Price | $999.9K | $568.3K |
| Price per sq ft | $448 | $307 |
| Built year | 1932 | 1971 |
| HOA | $0 | $137 |
| Days on market | 127 | 69 |
May 5, 2026
$999,900
Initial Listing