2421 Grover St, Nashville, TN 37207, Nashville, 37207 - 2 bed, 1 bath
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Nashville, TN 37207
This High-Potential Investment Opportunity is listed at a List Price of $267,999, positioned well below the $254,721 Fair Market Value by -5%. Featuring a Condition Rating of 4, the home offers immediate occupancy with 2022 flooring updates. The property’s large lot size and proximity to major transit arteries provide significant long-term appreciation potential in a transitioning neighborhood. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry point into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 Grover St Subject | $267,999* List Price | 2 | 1 | 884 | $288 | - |
A 613 Youngs Ln Sold | $290,000 | 2 | 1 | 1,056 | $275 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property is over 50 years old but has been maintained with a 2022 flooring update and fresh paint. While the listing states it is move-in ready, the exterior concrete and older window styles indicate the home is dated and likely requires further updates to major systems, kitchen, and baths 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 = 9583, living area = 884.
Situated in a transitioning neighborhood with million-dollar homes nearby and significant new development, this property offers excellent equity growth potential for investors or first-time buyers.
The home boasts exceptional access to major transit arteries including I-24 and I-65, providing a convenient and rapid commute to the heart of Downtown Nashville.
With only 884 square feet and a single bathroom, the compact footprint may limit the buyer pool to individuals or small households, lacking the versatility of larger residences.
Built in 1970, the property may require future investments in aging mechanical or structural systems to keep pace with the modern standards of surrounding new construction.
Quiet street surrounded by new development! Easy access to I-24, I-65, and just minutes to Downtown Nashville. $1M+ houses nearby, great opportunity to get in now at this price! New flooring in 2022, home is move-in ready!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 884 | 1,450 | 5% |
| Lot Size | 9,583 | 8,712 | 56% |
| Price | $268.0K | $375.0K | 32% |
| Price per sq ft | $303 | $232 | 77% |
| Built year | 1970 | 1970 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 358 | 1% |
May 1, 2026
$267,999
Initial Listing