
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned well below the $253,823 Fair Market Value by -13%. While the structure carries a Condition Rating of 6, the R6-zoned lot provides significant upside for redevelopment. Investors can maximize density by building two side-by-side homes in this high-growth North Nashville corridor. This asset is a strategic acquisition for Real Estate Developers and Fix-and-Flip Investors seeking to capitalize on the area's rapid appreciation and proximity to downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1910 15th Ave N Subject | $279,000* List Price | 3 | 1 | 948 | $311 | - |
A 2022 Owen St Sold | $350,000 | 3 | 2 | 1,033 | $339 | 0.3 mi |
B 2705 Deerfield Dr Sold | $350,000 | 3 | 2 | 1,107 | $316 | 0.7 mi |
C 1721 Seifried St Active | $350,000 List Price | 3 | 1 | 1,150 | $304 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1935 with no evidence of significant renovation, this property is nearly 90 years old. The listing description explicitly markets it as a redevelopment opportunity to tear down and build two homes, indicating the structure has reached the end of its functional life and the value lies in the R6-zoned land.
The R6 zoning provides a high-value opportunity to tear down the existing structure and build two side-by-side homes, maximizing the lot's density and profit potential.
Situated in a high-growth corridor of North Nashville, the property is minutes from Germantown and downtown, offering excellent proximity to major employment hubs and universities.
The property offers multiple exit strategies, including a full redevelopment or a renovation of the current home combined with a new build on the rear pad.
Built in 1935 and marketed as a tear-down or major renovation project, the property likely requires substantial capital investment to address structural or system obsolescence.
The assigned middle and high schools have low ratings (3 and 2 respectively), which may limit the property's appeal to traditional owner-occupant families.
Excellent investment opportunity in rapidly growing North Nashville. On an R6-zoned lot, this property offers multiple paths for investors and developers. Tear down the existing home and build two side-by-side homes, or renovate the current structure and take advantage of the additional back build pad of the property. Located minutes from Germantown, downtown Nashville, and several universities, with consistent growth nearby. Plenty of potential for investors seeking value-add, redevelopment, or long-term appreciation in a quickly developing part of town. Survey already completed.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.7 mi
Grades PK-4 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 948 | - |
| Lot Size | 6,098 | - |
| Price | $279.0K | $556.8K |
| Price per sq ft | $294 | $306 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 484 |
Jun 14, 2026
$279,000
$289,000
-3% Price Drop
Initial Listing
Jun 2, 2026
$289,000
Initial Listing