
Nashville, TN 37208
This High-Potential Investment Opportunity is listed at a List Price of $354,900, positioned slightly above the $340,774 Fair Market Value. Despite the premium, the property offers significant upside through its Condition Rating of 3 and flexible floor plan, which allows for a third-bedroom conversion and attic expansion. Located near Meharry Medical Center, this Single Family Residence provides strong rental demand for medical professionals. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2215 Albion St Subject | $354,900* List Price | 2 | 1 | 1,140 | $299 | - |
A 2505 Meharry Blvd Sold | $366,960 | 3 | 2 | 1,148 | $320 | 0.2 mi |
B 2616 Scovel St Sold | $315,000 | 2 | 1 | 1,201 | $262 | 0.5 mi |
C 2508 Alameda St Sold | $367,500 | 3 | 2 | 1,144 | $321 | 0.2 mi |
D 1621 14th Ave N Sold | $435,000 | 3 | 2 | 1,104 | $394 | 0.9 mi |
E 1727 16th Ave N Sold | $390,000 | 3 | 2 | 1,086 | $359 | 0.9 mi |
F 737 25th Ave N Sold | $370,000 | 4 | 2 | 1,176 | $315 | 0.4 mi |
G 2707 Morena St Sold | $425,000 | 3 | 2 | 1,528 | $278 | 0.4 mi |
H 2203 Morena St Active | $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 built in 1926, the property has undergone significant recent renovations including new vinyl wood flooring, fresh paint, and updated electrical wiring. The interior appears move-in ready with modern appliances and functional living spaces, effectively mitigating the age of the structure.
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 convenience for medical professionals and high rental demand.
The flexible floor plan allows for a third bedroom conversion, and the unfinished attic provides a prime opportunity to add square footage and increase property value.
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, the property may face functional challenges for larger households or as a multi-roommate rental, potentially limiting its market appeal.
As a 1926 cottage, the property may require ongoing attention to vintage structural elements and systems typical of homes from this era, despite recent updates.
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 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $354.9K | $568.3K |
| Price per sq ft | $311 | $307 |
| Built year | 1926 | 1971 |
| HOA | $0 | $137 |
| Days on market | 5 | 69 |
Sep 4, 2026
$354,900
Initial Listing