2422 Stivers St, Nashville, TN 37218, Nashville, 37218 - 3 bed, 3 bath
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Nashville, TN 37218
This property presents a Strong Value Opportunity with a List Price of $399,000—positioned well below the $426,726 Fair Market Value by 6%. This valuation gap offers $27,726 in Instant Equity. Featuring a 2021 build date and a Mint Condition Rating, the home includes a private wooded backdrop and a fully fenced yard. Currently leased through April 2027, this is a stable, turnkey asset ideal for Buy-and-Hold Investors or long-term wealth builders seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2422 Stivers St Subject | $399,000* List Price | 3 | 3 | 1,736 | $246 | - |
A 2617 Alpine Park Ave Active | $439,900 List Price | 3 | 3 | 1,554 | $283 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and remains in mint condition. It features modern kitchen finishes with stainless steel appliances, shaker-style cabinetry, and hardwood flooring throughout. Systems like the HVAC and electrical are contemporary, requiring no immediate maintenance.
The property is currently leased through April 2027 at $2,350 per month, providing a turnkey investment with guaranteed cash flow and a long-term tenant already in place.
Situated on a generous 0.8-acre lot, the property offers significant value-add potential for additional development, a rare find so close to downtown Nashville.
Constructed in 2021 and maintained by the builder-owner, the home features contemporary finishes and the energy efficiency of a newer construction, reducing immediate maintenance concerns.
The property is zoned for schools with low performance ratings, particularly the high school at a 1/10, which may limit appeal for family-oriented owner-occupants.
Marketing materials utilize photos from when the home was new in 2021, which may not accurately reflect the current condition or wear and tear of the property after years of occupancy.
Investment opportunity on .8 acre lot with additional potential development on quiet dead end street minutes from the heart of Nashville. Built in 2021 and thoughtfully maintained by the builder-owner as an investment property since new. LEASED through April 2027 for $2,350 a month. Home has a comfortable layout with abundant natural light and is complemented by tasteful, neutral finishes. Outside, a fully fenced yard extends the living space outdoors, while the mature trees beyond the fence create a private, wooded backdrop that enhances the home's tucked-away feel. Close to downtown Nashville but without feeling urban. PLEASE NOTE photos are from when home was new. House next door at 2420 Stivers Street is also for sale.
No exterior & parking available.
Grades PK-4 • 2.3 mi
Grades 5-8 • 7.8 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 4.0 | 40% |
| Square foot | 1,736 | 2,144 | 40% |
| Lot Size | 34,848 | 1,307 | 80% |
| Price | $399.0K | $520.0K | 40% |
| Price per sq ft | $230 | $233 | 40% |
| Built year | 2021 | 2024 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 251 | 20% |
Jun 11, 2026
$399,000
Initial Listing