
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well below the $220,357 Fair Market Value by 0.16%. Featuring RS5 zoning and a DADU overlay, this Fair Condition Rating asset offers significant redevelopment potential in a high-growth urban corridor. The property requires a full-scale renovation, making it a strategic acquisition for Fix-and-Flip Investors or Builders looking to capitalize on Nashville’s rapid expansion near major universities and downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2519 Herman St Subject | $220,000* List Price | 3 | 1 | 780 | $283 | - |
A 800 26th Ave N Active | $250,000 List Price | 3 | 1 | 907 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1945 (79 years old) with no evidence of renovation, meeting the >50y no-reno criteria. The listing explicitly markets the property as a redevelopment opportunity for builders and investors, emphasizing the RS5 zoning and DADU overlay. Interior images show original, dated finishes including shag carpeting and aged systems, suggesting the value is primarily in the land.
The RS5 zoning combined with a DADU overlay allows for the construction of an accessory dwelling unit, offering significant value-add potential for investors or builders.
Ideally situated minutes from downtown Nashville and within walking distance to Meharry Medical College, Fisk University, and TSU, ensuring high rental and resale demand.
Located in a rapidly transforming neighborhood surrounded by new construction, providing excellent opportunities for capital appreciation as the area continues to redevelop.
The property is a total rehab opportunity sold in 'as-is' condition, requiring substantial capital investment and construction oversight to become habitable.
At only 780 square feet for a three-bedroom layout, the interior living space is exceptionally small and may require a complete reconfiguration to meet modern buyer expectations.
Rehab opportunity in the heart of Nashville! This one-level, 3 bedroom home offers potential for renovation or redevelopment in a rapidly transforming neighborhood surrounded by new construction. Prime location just minutes from downtown Nashville with convenient access to I-40, I-440 and Briley Parkway. Located near Meharry Medical College, Fisk University, and Tennessee State University. Ongoing redevelopment throughout the area makes this an exceptional opportunity for investors, builders, or buyers looking to capitalize on one of Nashville’s growing urban corridors. Home will be sold "as is, where is", with no seller repairs or condition warranties. Zoned RS5 with DADU (accessory dwelling) overlay. No HOA.
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 | 26% |
| Square foot | 780 | 1,477 | 3% |
| Lot Size | 4,356 | 6,098 | 34% |
| Price | $220.0K | $350.0K | 32% |
| Price per sq ft | $282 | $274 | 57% |
| Built year | 1945 | 1955 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 591 | 1% |
May 5, 2026
$220,000
Initial Listing