1722 Ordway Pl, Nashville, TN 37206, Nashville, 37206 - 4 bed, 2 bath
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1722 Ordway Pl
Nashville, TN 37206
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,864Sq Ft
7,841Lot Size
Property Price
LIST PRICE$479,900
EST. MARKET VALUE
$479,900
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $479,900, currently aligned with its $479,900 Fair Market Value. Featuring a Condition Rating of 5, this R6-zoned asset offers significant value-add potential through its 7,841 sq. ft. lot and dual-unit configuration. The property is primed for redevelopment or a comprehensive renovation to maximize rental income or resale value. Given the prime Lockeland Springs location and flexible zoning, this is a strategic acquisition ideal for Fix-and-Flip Investors or Builders seeking a high-upside project in a high-demand neighborhood.
Estimated Market Value
$479,900
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 |
|---|---|---|---|---|---|---|
★ 1722 Ordway Pl Subject | $479,900* List Price | 4 | 2 | 1,864 | $257 | - |
A 1523 Douglas Ave Sold | $449,000 List Price | 3 | 2 | 1,986 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1945 and marketed as an 'investor special,' the property shows significant age with a dated kitchen and bathroom that likely exceed 30 years without major updates. The listing explicitly suggests a fix-and-flip or new construction, indicating the need for a full rehab of systems and finishes.
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 = 1864.
- Prime Location
Situated in the highly sought-after Lockeland Springs neighborhood of East Nashville, the property is surrounded by high-end redevelopments and is minutes from downtown, parks, and dining.
- Development Potential
Zoned R6 on a generous 7,841 sq. ft. lot, the property offers versatile opportunities for builders and investors, including potential for two-family use or the addition of an ADU.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1864, other record living area = 832. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- As-Is Condition
Marketed as an 'investor special' and sold strictly as-is, the property likely requires significant capital investment for major renovations, repairs, or a complete rebuild.
- Extended Market Time
With 91 days on the market and a recent price reduction, the property has struggled to gain traction, which may suggest underlying condition issues or previous overpricing.
About 1722 Ordway Pl
JUST REDUCED — PRICED TO SELL! MAKE AN OFFER! Investor special in the heart of highly sought-after Lockeland Springs! This property sits on a 7,841 sq. ft. lot in one of East Nashville’s most desirable neighborhoods and offers multiple possibilities for investors, builders, or buyers looking for their next project. Currently configured as two separate living spaces, with a main house and finished basement unit, providing flexibility to renovate for income potential or convert back into a single-family residence. Ideal for a fix-and-flip, custom renovation, expansion, new construction, or long-term investment. Zoned R6, with potential development possibilities including one- and two-family uses and an ADU, subject to applicable zoning requirements and buyer verification. Surrounded by beautifully renovated homes, new construction, and high-end redevelopment, this property offers serious value-add potential and long-term upside in a location where opportunities like this are increasingly hard to find. Minutes from Downtown Nashville, restaurants, parks, shopping, and everything East Nashville has to offer. Seller has just reduced the price and is ready to make a deal — bring your offer! PRICED TO SELL • INVESTOR SPECIAL • PRIME LOCKELAND SPRINGS LOCATION • SOLD AS-IS
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Rosebank Elementary School
Grades PK-4 • 1.1 mi
4/10
Warner Elementary Enhanced Option School
Grades PK-4 • 1.4 mi
5/10
Bailey Middle School
Grades 5-8 • 0.7 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,864 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $479.9K | $568.3K |
| Price per sq ft | $257 | $307 |
| Built year | 1945 | 1971 |
| HOA | $0 | $137 |
| Days on market | 120 | 69 |
Pricing History
Listed for Sale
Aug 11, 2026
$479,900
$499,900
-4% Price Drop
Initial Listing
Price Change
May 12, 2026
$499,900
Initial Listing