
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $430,000, currently aligned with its $430,000 Fair Market Value. Featuring a Fair Condition Rating, the home offers significant upside through the renovation of its full walk-out basement, which provides space for two additional bedrooms and a bonus room. Located in a high-demand area near downtown, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization and expansion of the existing 1,440 sqft footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2424 Inga St Subject | $430,000* List Price | 3 | 3 | 1,440 | $299 | - |
A 1101B Petway Ave Active | $525,000 List Price | 3 | 3 | 1,528 | $344 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945 with visible partial renovations in the bathrooms and a newer roof. However, the 'Investor’s Dream' designation, dated flooring, and unfinished basement potential indicate the property requires further modernization and minor repairs to reach full market potential.
Situated in one of Nashville’s most sought-after neighborhoods, this property is within walking distance to popular local spots like Southern Grist and Highland Yards, and only 10 minutes from downtown.
The full walk-out basement features a full bath and space for two additional bedrooms and a bonus room not included in the current square footage, offering a massive opportunity for equity growth.
With a main-level den, an upstairs flex room, and a cedar walk-in closet, the layout provides excellent flexibility for a home office, studio, or guest accommodations.
The assigned middle and high schools have low ratings (3/10 and 2/10 respectively), which may limit appeal for families prioritizing public education quality.
Listed as a 'Stock Cooperative,' this property type can involve more complex financing hurdles and different ownership rights compared to traditional fee-simple residential real estate.
Investor’s Dream in the Heart of East Nashville! Discover this charming East Nashville home featuring hardwood floors, a cozy living room with a stone fireplace, and a den offering additional living space. The main level includes two bedrooms and one full bath, while the upstairs features a spacious bedroom, flex room, and a full completed bath—perfect for guests, a home office, or studio. The full walk-out basement offers even more potential with a full bath, storage space, and opportunity for two additional bedrooms and a bonus room. The bedroom in the basement is not included in the square footage, providing extra value and flexibility for expansion or investment purposes. Enjoy thoughtful touches throughout, including a cedar walk-in closet and ample storage space. Located just 10 minutes from downtown Nashville and within walking distance to Southern Grist, Highland Yards, and other local favorites, this property offers the perfect mix of convenience, character, and opportunity. Don’t miss this incredible chance to own a versatile home in one of Nashville’s most sought-after neighborhoods!
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 2.5 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,440 | 2,315.405 |
| Lot Size | 1,307 | 1,307 |
| Price | $430.0K | $716.1K |
| Price per sq ft | $299 | $313 |
| Built year | 1945 | 2020 |
| HOA | $0 | $197 |
| Days on market | 110 | 87 |
May 22, 2026
$430,000
Initial Listing