
Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $529,500, which aligns with the current $529,500 Fair Market Value. Featuring a Condition Rating of 4, the home offers a solid foundation with updated paint and hardwood floors, requiring only minor finishing touches. Its location in Sylvan Park with direct Richland Creek Greenway access provides significant lifestyle appeal. This versatile asset is ideal for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230B 54th Ave N Subject 2 bd · 1 ba · 816 sqft · $649 | $529,500* List Price | 2 | 1 | 816 | $649 | - |
A 230B 54th Ave Active 2 bd · 1 ba · 816 sqft · $649 · 0.0 mi | $529,500 List Price | 2 | 1 | 816 | $649 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the home is marketed as a development opportunity, but interior images reveal it is surprisingly well-maintained with updated paint and nice hardwood flooring. It requires yard work and minor finishing touches rather than a total rehab or tear-down.
Situated in the highly desirable Sylvan Park neighborhood on a quiet street with direct access to the Richland Creek Greenway, offering exceptional lifestyle and outdoor appeal.
The property serves as both a prime development opportunity and a viable entry-level home or rental, providing multiple exit strategies for investors in a high-demand area.
Described as 'surprisingly cute' on the inside, the home offers a solid foundation for a first-time buyer or investor willing to provide minor finishing touches rather than a full gut renovation.
The property is sold in as-is condition and requires immediate attention to yard work and interior finishing, which may necessitate additional upfront capital.
The seller reserves the HVAC system and appliances if purchased by a developer, potentially increasing the effective cost and logistical requirements for the buyer.
Development opportunity on quiet street with Richland Creek Greenway access at dead end. Or with a little work, could be a great first time home or rental property. Surprisingly cute on the inside. Needs finishing touches and yard work. Property sold "as-is". If purchased by developer, Seller reserves HVAC and appliances.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 816 | 2,045.139 |
| Lot Size | 4,792 | 10,890 |
| Price | $529.5K | $556.0K |
| Price per sq ft | $649 | $305 |
| Built year | 1952 | 1971 |
| HOA | $0 | $133 |
| Days on market | 43 | 70 |
Sep 11, 2026
$529,500
Initial Listing