1723 Seifried St, Nashville, TN 37208, Nashville, 37208 - 2 bed, 1 bath
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Nashville, TN 37208
This Development-Ready Asset is listed at $350,000, positioned near its $325,892 Fair Market Value to reflect the high demand for urban land in North Nashville. With a Condition Rating of 6, the property is a prime candidate for redevelopment, leveraging the RS5 Zoning and Multi-Family Overlay. The 7,405 sq ft lot offers superior density potential, especially with the option to acquire the adjacent parcel. While served by Robert Churchwell Elementary, the primary value is the strategic Value-Add acquisition for Real Estate Developers and Buy-and-Hold Investors targeting rapid urban appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1723 Seifried St Subject | $350,000* List Price | 2 | 1 | 840 | $388 | - |
A 2614 Jenkins Ct Sold | $309,800 | 3 | 1 | 816 | $380 | 0.4 mi |
B 2614 Jenkins Ct Sold | $309,800 | 3 | 1 | 816 | $380 | 0.4 mi |
C 2624 Jenkins St Sold | $325,000 List Price | 3 | 1 | 875 | 0.4 mi | |
D 2604 Aspen Dr Sold | $295,000 | 3 | 2 | 840 | $351 | 0.4 mi |
E 2604 Aspen Dr Sold | $295,000 | 3 | 2 | 840 | $351 | 0.4 mi |
F 2623 Delk Ave Sold | $286,425 | 2 | 1 | 704 | $407 | 0.5 mi |
G 1847 25th Ave N Active | $350,000 List Price | 2 | 1 | 875 | $400 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1920 with no evidence of major renovations in the last 50 years, the listing explicitly suggests the property as a tear-down candidate for new construction. The 'as-is' condition and the emphasis on RS5 zoning and multi-family overlay indicate the value is primarily in the land and redevelopment potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 840.
The property features RS5 zoning with a Multi-Family Overlay and the unique opportunity to purchase the adjacent lot, making it a prime candidate for high-density redevelopment or new construction in a growing market.
With a proven rental history and the flexibility to either maintain the existing structure as an income-producing asset or tear down for new builds, this property caters to multiple investor strategies.
The property is being sold in 'as-is' condition and dates back to 1920, suggesting that significant capital improvements or a complete tear-down will be necessary to realize its full value.
The assigned public schools have low performance ratings ranging from 2 to 4, which may limit the property's appeal to families and impact long-term resale potential to owner-occupants.
Special opportunity to purchase two lots / homes, 1721 and 1723 Seifried St. sold together for $700,000.00. 1723 has been rented and tenant just moved out. 1721 is renter occupied. Keep as an investment or tear down and build new. Zoned Rs5 5000 sq ft lot / Multi Ovly. Homes sold as is where is.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 7.6 mi
Grades 5-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 840 | 1,346.5 | 12% |
| Lot Size | 7,405 | 6,098 | 70% |
| Price | $350.0K | $350.0K | 50% |
| Price per sq ft | $417 | $277 | 84% |
| Built year | 1920 | 1955 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 189 | 697 | 20% |
Oct 16, 2025
$350,000
Initial Listing