
Nashville, TN 37216
This Strategic Residential Income Duplex is listed at $460,000—positioned below the $464,729 Fair Market Value by 1%. This fair valuation provides $4,729 in Instant Equity alongside immediate cash flow from long-term tenants totaling $2,850 per month. Featuring a Condition Rating of 4, the property offers a renovated A-side and a spacious 3-bedroom B-side with significant value-add potential. Located in the desirable East Nashville area, this asset combines stable returns with original oak hardwoods and modernization upside. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 Moran Ave Subject | $460,000* List Price | 0 | 0 | 1,920 | $242 | - |
A 1338 Ardee Ave Sold | $565,000 | 0 | 0 | 2,333 | $242 | 0.6 mi |
B 3600 Golf St Active | $460,000 List Price | 0 | 0 | 1,850 | $249 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1951 duplex presents a split condition. While the smaller A-side unit has been fully renovated with a modern kitchen, updated bathroom, and new windows, the larger 3-bedroom B-side unit is noted for deferred renovations and aging infrastructure. The property remains functional and income-producing, but the overall age of the structure and the need for modernization in the primary unit align with the fair criteria.
The property offers a turnkey investment opportunity with long-term tenants already in place, generating a consistent $2,850 monthly revenue from day one.
The combination of a 1-bedroom and a spacious 3-bedroom unit provides versatility in the rental market, appealing to both individuals and larger households.
The A-side unit has been fully renovated with updated kitchen, bath, and windows, while both units retain high-value original oak hardwood flooring.
As a 1951 build, the property may require ongoing maintenance or future capital improvements to aging mechanical and structural systems.
Unlike the renovated A-side, the larger B-side unit may eventually require significant updates to match the modern standard and maximize market rent potential.
Great Investment with Strong Rental Income on Day One. Classic East Nashville brick duplex: 1 bed/1 bath 600sf on A-side and 3 bed/2 bath 1280sf on B-side. The A-side has been renovated: kitchen, bath, windows, paint. Original oak hardwoods both sides. A-side is all on the main level, with the door on the left. B-side is bed, bath, living, kitchen on main level and 2 beds and second bath upstairs. Both sides have long-term tenants in place (3+ yrs) with rents totaling $2850/mo. Both units have laundry hookups.
No exterior & parking available.
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 | 1,920 | 2,333 | 40% |
| Lot Size | - | - | 50% |
| Price | $460.0K | $460.0K | 50% |
| Price per sq ft | $240 | $240 | 50% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 315 | 20% |
Mar 25, 2026
$460,000
Initial Listing