
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $300,000, which aligns with the current $300,000 Fair Market Value. While the home carries a Condition Rating of 5, the expansive 16,988 sqft lot and detached garage with existing utility connections provide significant value-add potential. The property features an in-ground pool and covered rear patio, offering a substantial footprint for renovation. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a full-scale rehabilitation to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2411 McGinnis Dr Subject | $300,000* List Price | 3 | 1 | 1,386 | $216 | - |
A 2605 Shadow Ln Sold | $310,000 List Price | 3 | 2 | 1,588 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (>70 years old) with no evidence of major renovations. Listing is sold 'AS IS' and images show significant neglect, including damaged HVAC ductwork, unfinished utility spaces, and dated interiors. Requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 1386.
The detached garage was previously an apartment and retains plumbing and electrical connections, offering a rare opportunity for a guest house, studio, or rental unit.
Located in the desirable Gibson Heights neighborhood of Nashville, this property offers excellent convenience and strong long-term appreciation potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is being sold strictly in as-is condition, signaling that significant investment may be required for repairs, updates, and deferred maintenance.
With three bedrooms but only one full bathroom, the current configuration may be a drawback for modern families and could limit the property's competitive edge.
AS IS - Multiple Offers - Highest and Best Due Saturday June 13th at noon. Due to personal reasons, Seller is unable to review offers before that date. Please ensure offers do not expire prior to deadline. In the desirable and convenient neighborhood of Gibson heights, this brick home has endless possibilities! Detached garage was once an apartment, so plumbing/electric are available. In Ground Pool could be a hidden summer oasis! Separate Living, Dining, and Den; 3 bedrooms, 1 full bath, with covered rear patio. All offers to be submitted on 2026 TAR forms. For unrepresented offers, send terms to helentimberlake@gmail.com
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 | 20% |
| Square foot | 1,386 | 1,734 | 25% |
| Lot Size | 16,988 | 12,632 | 71% |
| Price | $300.0K | $550.0K | 19% |
| Price per sq ft | $216 | $327 | 22% |
| Built year | 1954 | 1948 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 629 | 1% |
Jun 8, 2026
$300,000
Initial Listing