2601 Inga St, Nashville, TN 37216, Nashville, 37216 - 4 bed, 1 bath
Loading property details...
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well above the $476,562 Fair Market Value by 4%. While the property requires significant capital expenditure due to its Condition Rating of 6, the expansive 15,682 sqft lot offers exceptional High Available Lot Utilization for redevelopment or multi-family conversion. The inclusion of a separate studio unit provides immediate rental income potential. This asset is a strategic acquisition for Buy-and-Hold Investors or Developers focused on long-term value-add projects in East Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 Inga St Subject | $499,900* List Price | 4 | 1 | 1,649 | $289 | - |
A 906 Carolyn Ave Active | $365,900 List Price | 3 | 2 | 1,450 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1941 (84 years old) with no evidence of modern renovations to systems or interiors. The listing explicitly markets the property as a redevelopment opportunity, suggesting a 'full tear-down and rebuild' for multi-family use, indicating the value lies primarily in the land and location rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1649.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1649, other record living area = 1145. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Investment Opportunity in Prime East Nashville Location! Unlock the full potential of this 3-bedroom, 1-bath home situated on a spacious lot in the heart of East Nashville. Brimming with opportunity, this property is ideal for savvy investors, builders, or renovators looking to bring new life to a classic neighborhood gem. The main home offers solid bones and vintage charm, ready for renovation or a complete redevelopment. Whether you're considering a full tear-down and rebuild of two new units (zoned for potential multi-family use, buyer to verify) or a thoughtful renovation, the possibilities are endless. A separate studio home at the rear of the property adds even more value—perfect a rental, guest house, or a detached home office. With its own entrance and utilities, it's a rare find in this area. Located just minutes from the best of East Nashville—local coffee shops, restaurants, and vibrant nightlife—this is a golden opportunity to invest in one of the city's most dynamic and fast-growing neighborhoods. Bring your vision and make it yours! Sold as-is.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,649 | - |
| Lot Size | 15,682 | - |
| Price | $499.9K | $556.8K |
| Price per sq ft | $303 | $306 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 333 | 484 |
Aug 23, 2025
$499,900
Initial Listing