2404 Buchanan St, Nashville, TN 37208, Nashville, 37208 - 4 bed, 3 bath
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2404 Buchanan St
Nashville, TN 37208
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,145Sq Ft
7,405Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$281,401
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well below the $281,402 Fair Market Value by 2%. This valuation gap offers $6,402 in Instant Equity for buyers ready to complete the renovation. Currently a shell with a Condition Rating of 5, the property features a new roof and framing, providing a blank canvas for customization. Ideally located near major universities and the Buchanan Street corridor, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Estimated Market Value
$281,401
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2404 Buchanan St Subject 4 bd · 3 ba · 2,145 sqft · $131 | $275,000* List Price | 4 | 3 | 2,145 | $131 | - |
A 1828 9th Ave N Sold 0 bd · 0 ba · 2,590 sqft · $116 · 0.8 mi | $300,000 | 0 | 0 | 2,590 | $116 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1948, this property is currently a mid-renovation shell taken down to the studs. While it features a new roof, new windows, and updated framing, it lacks a kitchen, bathrooms, and finished HVAC/electrical systems, making it unlivable and requiring a full rehab to complete.
PROSSTRENGTHS & OPPORTUNITIES
- Full Customization Potential
Taken down to the studs, this property offers a blank canvas for a buyer to select all finishes, fixtures, and design details, essentially creating a custom home on an existing foundation.
- Strategic Urban Location
The property is ideally situated near major educational institutions including Vanderbilt and Fisk University, as well as the Buchanan Street cultural corridor, offering high demand for both residents and investors.
- No HOA Fees
The lack of a Homeowners Association provides the owner with greater autonomy over the property and eliminates monthly overhead costs, increasing the long-term investment yield.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2145, other record living area = 1179. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Extensive Construction Required
Because the home is currently a shell, it requires significant capital, time, and management of contractors to complete the renovation before it becomes habitable or generates income.
- Lower School Ratings
The assigned public schools for this location currently have low performance ratings, which may limit the property's appeal to families specifically seeking high-ranking school districts.
About 2404 Buchanan St
Bring your vision to life in North Nashville! Located at 2404 Buchanan Street, this partially renovated property has been taken down to the studs and is ready for someone to finish the project and make it their own. With good bones, this is your opportunity to choose the finishes, colors, fixtures, and design details to bring your vision to life. The layout offers a primary suite on the main level, plus two additional bedrooms with vaulted ceilings and a full bath upstairs. Best of all, there are no HOA fees! The location puts you near Fisk University, Meharry Medical College, Tennessee State University, and Vanderbilt University, making it convenient to several of Nashville's major educational and medical centers. Enjoy nearby dining, local shops, parks, and golf, with Bicentennial Capitol Mall State Park, Centennial Park, and The Parthenon among the area's attractions. You're also close to the Buchanan Street and Jefferson Street corridors, rich in Nashville's cultural and musical history, with downtown just a short drive away for restaurants, entertainment, museums, and nightlife. Whether you're looking for your next renovation project, an investment opportunity, or a property you can customize from the ground up, this North Nashville location offers plenty of potential! Upstairs room dimensions are approximate and have changed. 1% lender credit with use of preferred lender.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Robert Churchwell Museum Magnet Elementary School
Grades PK-4 • 0.5 mi
4/10
Gower Elementary School
Grades PK-4 • 7.4 mi
6/10
John Early Paideia Middle Magnet
Grades 5-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,145 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $275.0K | $556.0K |
| Price per sq ft | $128 | $305 |
| Built year | 1948 | 1971 |
| HOA | $0 | $133 |
| Days on market | 20 | 70 |
Pricing History
Listed for Sale
Oct 4, 2026
$275,000
Initial Listing