
Nashville, TN 37208
This Hybrid Single-Family Residence represents a Strong Value Opportunity, listed at $342,900—positioned well below the $335,340 Fair Market Value by -2%. While the list price is slightly above market, the property offers significant Value-Add Potential through its unfinished attic and flexible floor plan. With a Condition Rating of 3, the home features recent electrical and appliance upgrades. Its proximity to the Meharry Medical Center ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic Nashville asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2215 Albion St Subject 2 bd · 1 ba · 1,140 sqft · $294 | $342,900* List Price | 2 | 1 | 1,140 | $294 | - |
A 2505 Meharry Blvd Sold 3 bd · 2 ba · 1,148 sqft · $320 · 0.2 mi | $366,960 | 3 | 2 | 1,148 | $320 | 0.2 mi |
B 2616 Scovel St Sold 2 bd · 1 ba · 1,201 sqft · $262 · 0.5 mi | $315,000 | 2 | 1 | 1,201 | $262 | 0.5 mi |
C 2508 Alameda St Sold 3 bd · 2 ba · 1,144 sqft · $321 · 0.2 mi | $367,500 | 3 | 2 | 1,144 | $321 | 0.2 mi |
D 1727 16th Ave N Sold 3 bd · 2 ba · 1,086 sqft · $359 · 0.9 mi | $390,000 | 3 | 2 | 1,086 | $359 | 0.9 mi |
E 737 25th Ave N Sold 4 bd · 2 ba · 1,176 sqft · $315 · 0.4 mi | $370,000 | 4 | 2 | 1,176 | $315 | 0.4 mi |
F 2707 Morena St Sold 3 bd · 2 ba · 1,528 sqft · $278 · 0.4 mi | $425,000 | 3 | 2 | 1,528 | $278 | 0.4 mi |
G 1608 Knowles St Sold 3 bd · 2 ba · 1,527 sqft · $288 · 0.7 mi | $440,000 | 3 | 2 | 1,527 | $288 | 0.7 mi |
H 2203 Morena St Active 3 bd · 2 ba · 1,477 sqft · $244 · 0.1 mi | $359,999 List Price | 3 | 2 | 1,477 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1926, the home has been well-maintained and features recent updates including new electrical wiring, vinyl wood flooring, and updated kitchen appliances, making it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1140.
Situated within walking distance of Meharry Medical Center and near seven major hospitals, this property offers exceptional appeal for medical professionals and high rental demand in a quiet, established neighborhood.
The unfinished attic and flexible floor plan allow for conversion into a third bedroom or bonus room, providing a clear path for equity growth and increased square footage for investors or growing families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one bathroom serving a home with potential for three bedrooms, the layout may be restrictive for larger families or multi-tenant rental scenarios without further renovation.
Built in 1926, the property may require ongoing upkeep and specialized care typical of century-old homes, which could lead to higher long-term maintenance costs compared to newer builds.
Seller and preferred lender are providing a 2-1 rate buydown with a strong offer, see attached document for full details! Imagine living in the heart of Music City nestled in a quiet and established neighborhood within walking distance of Meharry Medical Center, close to downtown Nashville, and seven hospitals for peace of mind. Enjoy the hard to find privacy of a large fenced backyard with mature trees and a storage shed. Don’t forget you’re in the south and the curb appeal of this cottage home is ideal for front porch sitting and connecting with your amazing neighbors. Inside you’ll find great living spaces including one that could be made into a third bedroom increasing its investment value or open it up and create an open concept design, you have options here! The upstairs attic boasts two picturesque windows and could also be converted into a fun bonus room for more living space or an opportunity for equity building. The walk in pantry closet provides ample storage as well as custom kitchen built-ins. Enjoy vinyl wooden floors that are both beautiful and easy to clean! The current home owner has invested in many updates including electrical wiring, dishwasher, stove/oven with ventilation hood, and commercial grade washer and dryer. With a strong offer this home can come furnished with all appliances and a home warranty can be transferred. Come see what could be a great single family home or investment opportunity with rental producing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,140 | 2,045.139 |
| Lot Size | 7,841 | 10,890 |
| Price | $342.9K | $556.0K |
| Price per sq ft | $301 | $305 |
| Built year | 1926 | 1971 |
| HOA | $0 | $133 |
| Days on market | 50 | 70 |
Sep 4, 2026
$342,900
Initial Listing