2206 Summitt Ave, Nashville, TN 37218, Nashville, 37218 - 4 bed, 1 bath
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Nashville, TN 37218
This Prime Development Asset is listed at $355,000, positioned near its $340,652 Fair Market Value to reflect its unique buildable potential. With a Tear-Down Condition Rating, the property represents a High-Potential Investment Opportunity driven by its Zoning for Two Homes and expansive 75 x 169 Lot. Boasting Stunning Downtown Skyline Views and a location just 10 minutes from the city center, this site is primed for high-density redevelopment. It is an ideal acquisition for Developers or Speculative Investors seeking to maximize ROI in a high-growth Nashville corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2206 Summitt Ave Subject | $355,000* List Price | 4 | 1 | 1,200 | $284 | - |
A 1621 E Stewarts Ln Sold | $390,000 | 4 | 1 | 1,342 | $291 | 0.8 mi |
B 1621 E Stewarts Ln Sold | $390,000 | 3 | 2 | 1,373 | $284 | 0.8 mi |
C 1710 County Hospital Rd Active | $345,000 List Price | 4 | 1 | 1,445 | $239 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a tear-down opportunity for redevelopment. Built in 1940, the existing structure is slated for demolition to accommodate two new homes on the large lot. The listing description and property analysis both confirm the structure is to be removed, indicating the value is based solely on the land and its development potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1200.
The property is zoning-approved for two homes, offering a lucrative opportunity for investors or developers to maximize the lot's value in a high-growth area.
Boasting stunning views of the downtown Nashville skyline and situated just 10 minutes from the city center, this location is highly desirable for future residents.
The existing structure is a teardown, necessitating additional upfront costs and time for demolition and site preparation before construction can begin.
The property is zoned for schools with lower performance ratings, which could potentially limit the appeal for families prioritizing educational rankings.
Prime two-build opportunity in North Nashville with stunning downtown skyline views. Zoning approved for two homes, with the existing structure to be torn down. This rare 75 x 169 lot offers an amazing opportunity in a prime location just 10 minutes from downtown Nashville, surrounded by ongoing development.
No exterior & parking available.
Grades PK-4 • 2.3 mi
Grades 5-8 • 8.1 mi
Grades 9-12 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,200 | 1,450 | 23% |
| Lot Size | 12,632 | 11,761 | 57% |
| Price | $355.0K | $356.2K | 50% |
| Price per sq ft | $296 | $207 | 91% |
| Built year | 1940 | 1971 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 320 | 4% |
Jan 23, 2026
$355,000
Initial Listing
Apr 29, 1998
$27,000
Public Record