1816 11th Ave N, Nashville, TN 37208, Nashville, 37208 - 3 bed, 2 bath
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Nashville, TN 37208
This Development-Ready Urban Asset is listed at $475,000, a strategic price reflecting the high utility of its double lot and Zoning for 2 HPRs. While the list price sits above the $421,205 Fair Market Value of the existing home, the value lies in the significant development upside within the North Nashville corridor. Boasting a Condition Rating of 3, the interior features a Renovated Granite Kitchen and updated flooring, ensuring immediate move-in readiness or rental income. Located steps from Elizabeth Park and Germantown, this is an ideal acquisition for Real Estate Developers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 11th Ave N Subject | $475,000* List Price | 3 | 2 | 1,263 | $333 | - |
A 2404 Seifried St Sold | $380,000 List Price | 3 | 3 | 1,239 | 0.7 mi | |
B 2308 Saint Louis St Sold | $422,000 | 3 | 2 | 1,273 | $332 | 0.6 mi |
C 2308 Saint Louis St Sold | $422,000 | 3 | 2 | 1,273 | $332 | 0.6 mi |
D 1746 22nd Ave N Sold | $340,000 | 3 | 2 | 1,250 | $272 | 0.5 mi |
E 2605 Deerfield Dr Sold | $385,000 | 3 | 2 | 1,406 | $274 | 0.9 mi |
F 1615 24th Ave N Sold | $460,000 | 3 | 2 | 1,570 | $293 | 0.7 mi |
G 1412 22nd Ave N Active | $455,000 List Price | 3 | 2 | 1,224 | $372 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition, benefiting from significant recent interior updates that elevate it above its 2002 build year. Key improvements include a renovated kitchen featuring granite countertops and stainless steel appliances, updated wood-look plank flooring, and a modernized primary bathroom. While the exterior and overall structure are approximately 23 years old, the interior finishes and fixtures are contemporary and well-maintained, requiring no immediate renovation.
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 = 1263.
The property sits on a double lot with the specific ability to build two Horizontal Property Regimes (HPRs), offering massive upside for investors in a rapidly developing corridor.
Boasting a high walkability factor, the home is steps from Elizabeth Park and popular local eateries, and within walking distance to the vibrant Germantown neighborhood.
The assigned local schools carry low performance ratings (ranging from 2 to 4), which may deter long-term owner-occupants with school-aged children.
At 1,263 square feet, the list price reflects the land's development value rather than the existing home's size, resulting in a high price-per-square-foot for the current structure.
Amazing investment or rental income opportunity ~ Double lot in rapidly-developing North Nashville ~ Can build 2 HPRs! ~ Previously Updated: Renovated Kitchen w/granite countertops + SS appliances; Updated plank flooring; Updated primary bath; Modern light fixtures \\ Walking distance to Germantown! + Steps to Elizabeth Park, Slim & Husky's, Sift Bakery, coffee shops, and more ~ So much potential + priced to sell!
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.5 mi
Grades PK-4 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,263 | 1,346.5 | 44% |
| Lot Size | 7,405 | 6,098 | 70% |
| Price | $475.0K | $350.0K | 69% |
| Price per sq ft | $376 | $277 | 81% |
| Built year | 2002 | 1955 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 697 | 13% |
Dec 3, 2025
$475,000
Initial Listing