
Nashville, TN 37208
This Hybrid Investment Opportunity is listed at a List Price of $475,000, positioned slightly above the $460,461 Fair Market Value. Despite the premium, this Mint Condition property offers immediate cash flow with $2,700 in monthly rental income through December. Featuring a top-to-bottom renovation and a DADU-ready corner lot, the home provides significant long-term development potential. The split-level layout and modern finishes make it a versatile asset. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home with future expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 Albion St Subject | $475,000* List Price | 4 | 3 | 1,686 | $273 | - |
A 1608 Knowles St Sold | $440,000 | 3 | 2 | 1,527 | $288 | 0.7 mi |
B 2505 Meharry Blvd Sold | $366,960 | 3 | 2 | 1,148 | $320 | 0.2 mi |
C 2707 Morena St Sold | $425,000 | 3 | 2 | 1,528 | $278 | 0.4 mi |
D 1615 24th Ave N Sold | $460,000 | 3 | 2 | 1,652 | $278 | 0.7 mi |
E 2508 Alameda St Sold | $367,500 | 3 | 2 | 1,144 | $321 | 0.2 mi |
F 1535 11th Ave N Sold | $410,000 | 3 | 2 | 1,964 | $209 | 0.9 mi |
G 709 28th Ave N Sold | $480,000 | 4 | 4 | 1,997 | $240 | 0.6 mi |
H 737 25th Ave N Sold | $370,000 | 4 | 2 | 1,176 | $315 | 0.4 mi |
I 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 new construction or fully renovated.
The property has undergone a complete top-to-bottom renovation within the last 5 years, featuring modern sage cabinetry, quartz countertops, oak hardwoods, and updated bathrooms. All inspection items have been addressed, placing it in mint, move-in-ready condition despite the 1970 original build date.
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 = 1686.
The property features a comprehensive top-to-bottom renovation with premium finishes including cedar accents, oak hardwoods, and quartz countertops, offering a modern move-in-ready aesthetic.
Situated on a corner lot with a DADU overlay, the property provides a clear path to add a second structure, significantly increasing long-term land value and investment utility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is tenant-occupied until the end of the year, which may be a drawback for buyers requiring immediate occupancy for their primary residence.
The 1970s split-level design involves multiple short flights of stairs to navigate between living areas, which may not appeal to buyers seeking a traditional two-story or open-concept layout.
Some opportunities show up quietly. This is one of them. 222 Albion is a reimagined 70s split-level sitting on a corner lot in one of Nashville's fastest-moving neighborhoods — and it's hitting the market at the same price it was purchased for. Not because anything is wrong with it. The seller's circumstances are personal, and this property has nothing to do with the decision. This is a top-to-bottom renovation that was already gorgeous before my client got her hands on it. Cedar accents, rich oak hardwoods, earthy sage cabinetry, sleek quartz countertops, and a layout that flows better than most. My client further improved the property by addressing the nominal items that came up on our inspection report. Natural light moves through every level. Four bedrooms, three full baths, and a split-level design that gives everyone their own space without the house ever feeling disconnected. The corner lot checks a box a lot of buyers have been waiting for — DADU overlay is in place, meaning there's a real path to adding a second structure and building long-term value into the land itself. Right now, the home is tenant-occupied through December — three tenants, each paying $900/month. That's $2,700 coming in monthly while you plan your next move, whether that's a personal residence, a long-term hold, or something in between. Location is the kind that doesn't need much explanation. Close to the city, easy access to everything, and sitting in a corridor that Nashville keeps investing in. Under $500K with this much going for it doesn't stay available long. Come see it. The numbers make sense, the location makes sense, and the timing — for a buyer ready to move — is about as good as it gets. FIRST SHOWINGS: OPEN HOUSE on 9/5 and 9/6 from 2pm to 4pm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,686 | 2,093.129 |
| Lot Size | 7,841 | 10,890 |
| Price | $475.0K | $568.3K |
| Price per sq ft | $282 | $307 |
| Built year | 1970 | 1971 |
| HOA | $0 | $137 |
| Days on market | 20 | 69 |
Aug 20, 2026
$475,000
Initial Listing