
Nashville, TN 37204
This property presents a High-Potential Investment Opportunity with a List Price of $689,800—positioned slightly above the $680,038 Fair Market Value. While the home requires modernization, its Fair Condition Rating is bolstered by a 2025 roof replacement. The Historical Overlay and DADU potential provide significant long-term value-add, while the rare alley access solves critical parking constraints in Waverly Belmont. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the property's unique architectural character and development flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2207 Elliott Ave Subject 3 bd · 2 ba · 1,698 sqft · $345 | $575,000* List Price | 3 | 2 | 1,698 | $345 | - |
A 2203 Lindell Ave Active 4 bd · 4 ba · 1,946 sqft · $378 · 0.3 mi | $735,000 List Price | 4 | 4 | 1,946 | $378 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1937 Tudor home that has not had major updates since 1994, making the kitchen, bathrooms, and interior styling highly dated. While it requires significant cosmetic updates and modernization, it features a brand-new roof installed in 2025 and appears structurally intact and livable rather than requiring a full safety rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1698.
This 1937 Tudor retains its original character with 9-foot ceilings, crystal door knobs, and a clawfoot tub, offering a unique aesthetic that is highly sought after in Nashville's historic districts.
The property allows for the construction of a Detached Accessory Dwelling Unit (DADU) and features rare alley access for private parking, providing significant value-add opportunities for investors or homeowners.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Sold in 'as-is' condition with few updates since 1994, the property will require a substantial capital investment to modernize the interior and mechanical systems.
Located within a Historical Overlay, the home cannot be demolished, and any exterior renovations must comply with strict preservation guidelines, limiting redevelopment flexibility.
We have MULTIPLE OFFERS! Highest and best Offers DUE by 4PM Monday Sept 21, 2026. CLASSIC old Nashville TUDOR home on a corner lot in Waverly Belmont. 9 foot ceilings down stairs, original kitchen cabinets, beautiful original doors with crystal door knobs, claw foot tub upstairs. Selling "AS IS" cuz not much has been done to the house since they bought it in 1994 except for replacing the ROOF in Nov 2025. But you can have your way with it - as long as it fits and zoning approves. Lot is smaller than most in this neighborhood. It is in a HISTORICAL OVERLAY so you CAN'T tear it all down. You CAN build a DADU. You can use the ALLEY for ACCESS to the garage and have your own PARKING - which is tough in this area. Opportunities like this one are running out. Call Dee to show 615-202-0837
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,698 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $575.0K | $556.0K |
| Price per sq ft | $339 | $305 |
| Built year | 1937 | 1971 |
| HOA | $0 | $133 |
| Days on market | 46 | 70 |
Sep 20, 2026
$575,000
$689,800
-17% Price Drop
Initial Listing
Sep 8, 2026
$689,800
Initial Listing
Aug 21, 1992
$78,200
Public Record