226 Raymond St, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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226 Raymond St
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,186Sq Ft
7,405Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$315,864
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $315,864 Fair Market Value by -2%. While the home maintains a Condition Rating of 4, it features critical 2023 mechanical upgrades, including a new roof and HVAC. The large, flat lot offers significant expansion potential for future value-add projects. Despite lower-rated local schools, the proximity to downtown Nashville makes this a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential.
Estimated Market Value
$315,864
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 Raymond St Subject 2 bd · 2 ba · 1,186 sqft · $266 | $325,000* List Price | 2 | 2 | 1,186 | $266 | - |
A 3006 Wingate Ave Sold 3 bd · 1 ba · 1,086 sqft · $295 · 0.7 mi | $320,000 | 3 | 1 | 1,086 | $295 | 0.7 mi |
B 302 Antioch Pike Active 2 bd · 1 ba · 915 sqft · $355 · 0.3 mi | $325,000 List Price | 2 | 1 | 915 | $355 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The home was built in 1936 but has key mechanical updates including a new roof and HVAC from 2023. However, the interior is highly dated with older carpeting, textured ceilings, and traditional finishes that require cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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 = 1186.
- Recent Major Upgrades
The property features a new HVAC system and a new roof both installed in 2023, significantly reducing immediate capital expenditure and providing peace of mind for the buyer.
- Prime Location
Situated in a well-established neighborhood near downtown Nashville and Nolensville Road, the home offers excellent proximity to shopping, dining, and urban amenities.
CONSRISKS & DEFICIENCIES
- Restricted Accessibility
The listing specifies no showings until September 2026, which creates a significant barrier for traditional buyers and investors seeking immediate occupancy or due diligence.
- Underperforming School District
The assigned middle and high schools have low ratings (3 and 2 respectively), which may negatively impact the property's appeal to families and long-term resale value.
About 226 Raymond St
Conveniently located near downtown Nashville, Nolensville Road, shopping and in a well-established neighborhood. This quaint home features 2 bedrooms, 1.5 baths, an open floorplan, utility room with storage space, a flat lot with room for expansion if you need extra space in the home. HVAC (2023), New Roof (2023), and new paint. The back yard is large and completely fenced. No showings until September 1, 2026.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glencliff Elementary School
Grades K-4 • 1.1 mi
6/10
Wright Middle School
Grades 5-8 • 0.5 mi
3/10
Glencliff Comp High School
Grades 9-12 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,186 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $325.0K | $556.0K |
| Price per sq ft | $274 | $305 |
| Built year | 1936 | 1971 |
| HOA | $0 | $133 |
| Days on market | 65 | 70 |
Pricing History
Listed for Sale
Aug 20, 2026
$325,000
Initial Listing
Sold
Oct 25, 1996
$54,000
Public Record
Sold
May 8, 1995
$12,000
Public Record