1915 Manchester Ave, Nashville, TN 37218, Nashville, 37218 - 3 bed, 1 bath
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Nashville, TN 37218
This Prime Redevelopment Asset is listed at $390,000, aligning closely with its $383,761 Fair Market Value. Carrying a Teardown Condition Rating, the property’s primary value is concentrated in the massive 17,860 sqft lot, which provides over four times the typical land-to-living-area ratio. Located in a high-demand Nashville redevelopment zone near Cumberland Elementary, the site offers significant potential for a custom luxury build or multi-unit project. This cash-only acquisition is perfectly suited for Developers and Speculative Investors looking to capitalize on rapid urban infill trends.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1915 Manchester Ave Subject | $390,000* List Price | 3 | 1 | 975 | $394 | - |
A 2306 Alpine Ave Active | $399,990 List Price | 2 | 1 | 1,072 | $373 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly states that the property is a teardown opportunity and that the value is in the land. Built in 1960 with no recorded major renovations, the structure is being sold 'as-is' for redevelopment, fitting the criteria for a property that is beyond repair for standard residential use.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 975.
Located in a prime redevelopment area with numerous teardown and new construction projects nearby, offering significant upside for investors and developers.
The property features a generous 17,860 sqft lot, providing ample space for a large-scale custom build or potential multi-unit development subject to zoning.
The existing 1960s structure is being sold strictly 'as-is' with the value placed entirely on the land, necessitating a total demolition or extreme renovation.
The requirement for cash or conventional financing only, coupled with the lack of owner financing, limits the pool of potential buyers to well-capitalized investors.
Investor opportunity in a redevelopment area. Property being sold AS IS. Value is in the land. Multiple teardown and new construction projects nearby support redevelopment potential. Priced with land value and area activity in mind—serious inquiries only. No owner financing—cash or conventional only. Buyer to verify all information.
No exterior & parking available.
Grades PK-4 • 2.2 mi
Grades 5-8 • 8.4 mi
Grades 9-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 975 | 1,450 | 7% |
| Lot Size | 17,860 | 11,761 | 68% |
| Price | $390.0K | $359.0K | 60% |
| Price per sq ft | $400 | $210 | 98% |
| Built year | 1960 | 1971 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 310 | 1% |
Apr 14, 2026
$390,000
Initial Listing