
Nashville, TN 37208
This Value-Add Residential Asset is listed at $353,000, offering a stable acquisition at its $353,000 Fair Market Value. Currently holding a Condition Rating of 4, the property represents a High-Potential Investment Opportunity due to its RS5 Zoning, which supports a main residence plus a detached Accessory Dwelling Unit (ADU). Located two blocks from the transformative Clifton development and near Vanderbilt University, the site is primed for significant appreciation and high rental yield. This is a strategic play for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2328 Batavia St Subject | $353,000* List Price | 3 | 1 | 948 | $372 | - |
A 2408 Albion St Sold | $342,000 | 3 | 1 | 1,245 | $275 | 0.3 mi |
B 1904 Britt Pl Active | $349,000 List Price | 3 | 2 | 1,100 | $317 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is well-maintained but shows its age. While the listing notes key updates to plumbing, windows, and flooring, the kitchen features dated painted cabinetry and laminate countertops. The 3-bedroom, 1-bathroom configuration in under 1,000 square feet is functional but requires further modernization to meet current market standards, as reflected in the description's suggestion for renovation or redevelopment.
Located just two blocks from 'The Clifton' luxury development, this property is positioned in a high-growth corridor of North Nashville, promising significant long-term value increase as the area revitalizes.
The RS5 zoning provides exceptional flexibility, supporting a main residence with a walkout basement plus a detached Accessory Dwelling Unit (ADU), allowing investors to maximize density and rental income.
The property boasts a prime location within three blocks of Centennial Park and one mile from major hospitals, Vanderbilt University, and downtown Nashville, offering high appeal for both residents and commuters.
With three bedrooms but only one bathroom, the current configuration is underserviced for modern family needs and may require a costly layout reconfiguration to meet market expectations.
At only 948 square feet for a three-bedroom home, the interior footprint is quite small, which may result in cramped room dimensions that limit the property's appeal to certain buyer demographics.
Incredible opportunity just two blocks from the future site of The Clifton, a transformative new luxury development expected to drive significant property appreciation across North Nashville in the coming years. This 1940's home features 3 bedrooms and 1 bath, with solid bones and several key updates already completed. Plumbing, windows, bathroom, floor, etc. Ideal for an investor homeowner looking to renovate, rent, or redevelop. Zoned RS5, this property supports multiple build options including a main home with a walkout basement garage, plus a detached garage with a full ADU(Accessory Dwelling Unit) above it, maximizing both functionality and long-term value. Located on a quiet residential street just three blocks from Centennial Park, near Germantown, and 1 mile to hospitals, Vanderbilt, and downtown. Can be purchased on it's own or as a package with the adjacent buildable lot at 2324 Batavia St. MLS# . Highlights include 3 bedrooms / 1 bath, partially updated 1940's structure, Zoned RS5-eligible for main home+basement garage with ADU, two blocks from The Clifton development, surrounded by new construction and revitalization, quick access to Germantown, Buchanan Arts District, and downtown. Adjacent vacant lot also available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 948 | 1,346.5 | 20% |
| Lot Size | 5,663 | 6,098 | 47% |
| Price | $353.0K | $350.0K | 52% |
| Price per sq ft | $372 | $277 | 81% |
| Built year | 1940 | 1955 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 278 | 697 | 37% |
Jul 19, 2025
$353,000
Initial Listing