
Nashville, TN 37218
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $315,442 Fair Market Value by -10%. Featuring a Condition Rating of 6, the structure requires significant renovation or a full teardown. The expansive 14,375 sqft lot offers substantial development flexibility, including potential for Downtown Nashville skyline views. While the local school district ratings are low, the site’s scale and location cater to Real Estate Developers and Fix-and-Flip Investors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2306 Alpine Ave Subject | $350,000* List Price | 2 | 1 | 972 | $325 | - |
A 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.
Built in 1940 (84 years old) with no evidence of renovation; the listing explicitly suggests a teardown for new construction, and the exterior structures show significant age-related wear and potential structural neglect.
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 = 972.
The generous 14,375 sqft lot provides significant flexibility for investors, offering the potential to teardown and build a modern custom home or explore multi-unit development options.
The property features potential views of Downtown Nashville with minimal tree work, a high-demand attribute that adds substantial premium value to any future build.
Built in 1940 and positioned as a teardown or total renovation, the existing structure likely requires a complete overhaul, necessitating a large capital budget.
The property is zoned for schools with lower academic ratings, specifically a 1/10 for the high school and 3/10 for the middle school, which may deter family-oriented buyers.
Great investment with potential views of Downtown Nashville with some tree work. This property is ready for renovation or teardown to build updated home or possible homes.
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 |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 972 | - |
| Lot Size | 14,375 | - |
| Price | $350.0K | $556.8K |
| Price per sq ft | $360 | $306 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 484 |
Jun 20, 2026
$350,000
Initial Listing