
Nashville, TN 37218
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned slightly above the $344,581 Fair Market Value. While the current Condition Rating of 6 indicates a need for significant renovation or a full teardown, the expansive 14,375-square-foot lot provides exceptional development flexibility. Strategic tree removal could unlock valuable downtown skyline views, enhancing long-term resale potential. Despite lower-rated local schools, the site’s land-use potential makes it a prime Asset for Fix-and-Flip Investors or Contractors seeking a high-upside development project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2306 Alpine Ave Subject 2 bd · 1 ba · 972 sqft · $355 | $350,000* List Price | 2 | 1 | 972 | $355 | - |
A 2206 Summitt Ave Active 4 bd · 1 ba · 1,200 sqft · $296 · 0.1 mi | $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 (>80 years old) with no evidence of renovation. The listing description explicitly suggests a teardown for new construction, and visual evidence shows ceiling damage, rotting exterior structures, and extreme dating consistent with land-value-only properties.
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 property offers significant investment flexibility, positioned as a prime candidate for a complete renovation or a teardown to build a modern residence or potentially multiple units.
Situated on a generous 14,375-square-foot lot, the property provides ample space for a larger building footprint, outdoor amenities, or future expansion that is rare for the area.
The existing 1940s structure is small at 972 square feet and is marketed as a teardown or major renovation project, necessitating substantial additional capital investment.
The assigned middle and high schools have low performance ratings (3/10 and 1/10), which may deter owner-occupant families and impact long-term appreciation.
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 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 972 | 2,045.139 |
| Lot Size | 14,375 | 10,890 |
| Price | $350.0K | $556.0K |
| Price per sq ft | $360 | $305 |
| Built year | 1940 | 1971 |
| HOA | $0 | $133 |
| Days on market | 126 | 70 |
Jun 20, 2026
$350,000
Initial Listing