2405 Lloyd Ave, Nashville, TN 37218, Nashville, 37218 - 3 bed, 1 bath
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Nashville, TN 37218
This Nashville Acreage Property represents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well below the $418,888 Fair Market Value by 12%. This valuation gap offers $53,888 in Instant Equity for buyers. While the home carries a Fair Condition Rating, the expansive 1.03-acre lot provides significant redevelopment potential near Downtown. With proximity to Cumberland Elementary, this asset combines land-value security with urban access. It is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2405 Lloyd Ave Subject | $365,000* List Price | 3 | 1 | 896 | $468 | - |
A 2812 Buena Vista Pike Sold | $380,000 | 2 | 2 | 964 | $394 | 0.8 mi |
B 3909 Tucker Rd Sold | $339,900 List Price | 3 | 1 | 1,084 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is in fair condition, showing signs of regular maintenance but lacking significant modern updates. While the interior features newer laminate flooring and fresh paint, the kitchen and single bathroom remain dated with older cabinetry and appliances. The small 896 sqft footprint and 40-year age without a full renovation align with the 'fair' criteria, as the home is functional but shows its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44867, living area = 896.
The property sits on a generous 1.03-acre lot, offering significant space for expansion, outdoor living, or potential redevelopment in a growing Nashville market.
Situated near Downtown Nashville, this location provides the perfect balance of quiet residential living with quick access to the city's urban amenities and employment hubs.
With only 896 square feet of living area, the interior footprint is quite small for a three-bedroom configuration, which may feel restrictive for modern households.
The home features only one bathroom for three bedrooms, a layout that is often considered inadequate for contemporary buyer expectations and can impact daily convenience.
Come see this 72 x 530 Dimension Lot on 1.03 acres near Downtown Nashville today! It is waiting for the right investor interested in cashing in on a diamond mine in a highly sault after growing neighborhood! Owner Occupants are welcome to stake their claim in quiet living near the City!
No exterior & parking available.
Grades PK-4 • 2.1 mi
Grades 5-8 • 7.8 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 896 | 1,450 | 3% |
| Lot Size | 44,867 | 11,761 | 88% |
| Price | $365.0K | $358.2K | 51% |
| Price per sq ft | $407 | $207 | 98% |
| Built year | 1984 | 1972 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 320 | 1% |
Feb 17, 2026
$365,000
Initial Listing