
Nashville, TN 37208
This quadplex represents a Strong Value Opportunity, listed at a List Price of $930,000—positioned well below the $937,552 Fair Market Value by 0.8%. This valuation gap offers $7,552 in Instant Equity. Featuring a Condition Rating of 2, the property offers Turnkey Renovations including new LVP, windows, and appliances. With an Optimal Unit Mix of four 2-bed/1-bath units in the high-growth 37208 zip code, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2206 Morena St Subject 0 bd · 0 ba · 2,770 sqft · $331 | $899,900* List Price | 0 | 0 | 2,770 | $331 | - |
A 2405 Meharry Blvd Active 0 bd · 0 ba · 2,204 sqft · $345 · 0.2 mi | $760,000 List Price | 0 | 0 | 2,204 | $345 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1965, the property underwent a comprehensive renovation within the last 4 years, including new LVP flooring, windows, cabinets, countertops, and appliances, meeting the criteria for a recent renovation under 5 years old.
All four units have been updated within the last four years with new LVP flooring, windows, cabinets, countertops, and appliances, significantly reducing immediate capital expenditure requirements.
The property consists of four 2-bedroom, 1-bathroom units, a highly desirable configuration that typically attracts stable, long-term tenants compared to smaller studio or one-bedroom layouts.
Located in the high-growth 37208 zip code of Nashville with no HOA fees, the property offers strong appreciation potential and proximity to downtown and local universities.
Built in 1965, the property may have underlying infrastructure needs, such as aging plumbing or electrical systems, that were not addressed in the recent cosmetic and appliance updates.
With a total of 2,770 square feet across four units, the average unit size is under 700 square feet, which may limit the rental price ceiling for 2-bedroom accommodations in this market.
Quadplexe in Nashville I am looking to sell. Please let me know if this is something you or someone else might be interested in. All these units are 2 beds and 1 bath. They have been updated within the past 4 years. They have new lvp, windows, cabinets/countertops and appliances.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,770 | 1,967.444 |
| Lot Size | - | - |
| Price | $899.9K | $455.6K |
| Price per sq ft | $325 | $238 |
| Built year | 1965 | 1964 |
| HOA | $0 | $0 |
| Days on market | 43 | 82 |
Oct 16, 2026
$899,900
$930,000
-3% Price Drop
Initial Listing
Sep 11, 2026
$930,000
Initial Listing