
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $260,000—positioned well below the $256,818 Fair Market Value by -1%. While the structure carries a Condition Rating of 6, the R6-A Zoning allows for the development of two HPR units, maximizing the utility of the 7,405 sqft lot. This asset is a pure land-value play, offering significant upside for those looking to capitalize on the high-demand 37208 market. This is an ideal acquisition for Real Estate Developers or Experienced Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2507 Meharry Blvd Subject | $260,000* List Price | 4 | 1 | 1,420 | $181 | - |
A 2116 Herman St Active | $189,900 List Price | 2 | 2 | 1,064 | $178 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1940 and over 80 years old with no evidence of renovation. The listing explicitly states it is priced for lot value, prohibits interior showings, and highlights redevelopment potential for HPR units, confirming the structure is likely unlivable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1420.
The R6-A zoning allows for the construction of two HPR units, offering significant upside for investors or developers looking to maximize the lot's utility in a growing area.
Priced specifically for lot value at $260,000, this property represents a competitive entry point into the high-demand 37208 Nashville market.
The property was recently sold within the past year on 2025-09-22. The sold price is $165,000.00.
The property is being sold for lot value with no interior showings, indicating the existing 1940s structure is likely a teardown or requires a total gut renovation.
The restriction on interior showings at this time limits the buyer's ability to assess the current structure's integrity or salvageable materials before making an offer.
Priced for lot value. R6-A zoning eligible for TWO HPR units. No interior showings at this time. Please reach out to listing agent for any questions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,420 | 1,477 | 47% |
| Lot Size | 7,405 | 6,316 | 69% |
| Price | $260.0K | $350.0K | 35% |
| Price per sq ft | $183 | $274 | 35% |
| Built year | 1940 | 1955 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 591 | 1% |
May 1, 2026
$260,000
Initial Listing
Sep 22, 2025
$165,000
Public Record