2306 Alpine Ave, Nashville, TN 37218, Nashville, 37218 - 2 bed, 1 bath
Loading property details...
Nashville, TN 37218
This Prime Development Asset is listed at $399,990, positioned above the $321,183 Fair Market Value due to its significant high-density potential. With a Tear-Down Condition Rating, the primary value resides in the expansive 14,375 sqft R-10 Lot, zoned to accommodate 2-4 units. Boasting City Skyline Views and proximity to downtown, the site offers substantial redevelopment margins in a corridor where new builds exceed $700k. While zoned for Cumberland Elementary, Joelton Middle, and Whites Creek High, the location's growth makes this a high-upside acquisition for Developers and Speculative Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2306 Alpine Ave Subject | $399,990* List Price | 2 | 1 | 1,072 | $300 | - |
A 1816 Ashton Ave Sold | $305,000 List Price | 2 | 1 | 1,140 | 0.8 mi | |
B 1621 E Stewarts Ln Sold | $390,000 | 4 | 1 | 1,342 | $291 | 1.0 mi |
C 2206 Summitt Ave Active | $355,000 List Price | 4 | 1 | 1,200 | $296 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'tear down' or 'as-is' renovation project with no interior photos provided, suggesting the 1940s structure is likely unlivable. The listing emphasizes the 1/3-acre lot's R-10 zoning and development potential for 2-4 units, indicating the value lies in the land rather than the existing building.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 1072.
The R-10 zoning on a generous 1/3-acre lot offers significant flexibility for developers, with the potential to build 2-4 units in a high-growth area.
Priced competitively at under $400k in a neighborhood where new construction is selling for over $700k, providing a strong margin for renovation or redevelopment.
Marketed as a 'tear down' or 'as-is' renovation project, the 1940s structure likely requires a complete overhaul or total demolition, necessitating significant capital.
The property is zoned for schools with low performance ratings, including a 1/10 for the local high school, which may limit appeal to family-oriented buyers.
JUST REDUCED! IF LOCATION, AND VIEW doesn't sell you, THEN THE PRICE SHOULD!! This is the perfect renovation or tear down! SOLD AS-IS! The R-10 lot is a 1/3 acre lot in one of the most saught and fast growing neighborhoods in the city. You want the feel of community, views of the city from the rooftop, and be close to everything, then buy this house! Check with zoning.. looks to large enough for 2-4 units. Other new builds are selling for $700k + in the neighborhood.
No exterior & parking available.
Grades PK-4 • 2.4 mi
Grades 5-8 • 8.1 mi
Grades 9-12 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,072 | 1,450 | 10% |
| Lot Size | 14,375 | 11,761 | 60% |
| Price | $400.0K | $358.2K | 73% |
| Price per sq ft | $373 | $207 | 96% |
| Built year | 1940 | 1971 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 182 | 321 | 25% |
Oct 23, 2025
$399,990
Initial Listing