
Nashville, TN 37212
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,183,169 Fair Market Value by 2%. This valuation gap offers $33,169 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers a versatile layout with a finished basement and upstairs kitchenette, perfect for rental income. Its expansive lot and prime location near Belmont Blvd provide significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2011 Cedar Ln Subject | $1,150,000* List Price | 3 | 3 | 3,612 | $328 | - |
A 1803 Ashwood Ave Sold | $1,025,000 | 4 | 3 | 2,738 | $374 | 0.5 mi |
B 1512 Gale Ln Sold | $924,500 List Price | 3 | 2 | 2,390 | 0.6 mi | |
C 2110 Westwood Ave Active | $1,150,000 List Price | 4 | 4 | 2,953 | $389 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the home is well-maintained but dated. The kitchen features older honey-oak cabinetry and fixtures likely exceeding 20 years in age. While the interior shows clean paint and intact hardwoods, the overall aesthetic and systems appear to be from a 15-30 year old renovation cycle, requiring cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 3612.
Situated in the highly desirable Belmont Terrace neighborhood just off Belmont Blvd, this property offers exceptional walkability and proximity to Nashville's top dining, shopping, and university hubs.
The unique layout includes an upstairs level with a kitchenette, private deck, and separate living area, making it an ideal setup for a rental unit, guest suite, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3612, other record living area = 2308. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The main floor features three bedrooms but only one full bathroom, which may be inconvenient for modern families and could necessitate a future renovation to improve the bed-to-bath ratio.
Built in 1940, this stone cottage may require significant upkeep or modernization of its older systems and infrastructure to meet current energy efficiency and building standards.
Two-story stone cottage with a full finished basement and detached two-car garage, ideally located just off Belmont Blvd. The main level features three bedrooms, one full bathroom, a kitchen, living room, dining room, office, and patio. Upstairs offers a kitchenette, living room, laundry, full bathroom, and private deck. providing great potential for a rental space, guest suite, or additional living area. The full finished basement includes a spacious bonus/living room and another full bathroom. Situated on a generously sized lot in a prime location, this home offers plenty of space, flexibility, and potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,612 | - |
| Lot Size | 14,810 | - |
| Price | $1.15M | $556.8K |
| Price per sq ft | $318 | $306 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 484 |
Jul 15, 2026
$1,150,000
Initial Listing