
Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $315,000, currently aligned with its $315,000 Fair Market Value. While the home carries a Condition Rating of 6, the RS5 Zoning and expansive 7,405 sqft lot provide significant upside for redevelopment in a high-growth corridor. The elevated topography offers potential for downtown views, mirroring the trajectory of surrounding million-dollar new builds. This asset is a strategic acquisition for Fix-and-Flip Investors or Developers seeking to capitalize on Nashville’s rapid appreciation through new construction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2821 Georgia Ave Subject 2 bd · 1 ba · 883 sqft · $357 | $315,000* List Price | 2 | 1 | 883 | $357 | - |
A 3308 Clifton Ave Active 3 bd · 2 ba · 1,068 sqft · $346 · 0.3 mi | $369,000 List Price | 3 | 2 | 1,068 | $346 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1935 with no noted renovations, this property is over 50 years old and is primarily marketed for its lot value and new build potential. The listing explicitly states that a complete renovation is necessary and it is being sold AS-IS, while images show significant exterior neglect, rusted porch structures, and deterioration.
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 = 883.
Situated near Charlotte Ave and Downtown Nashville with easy interstate access, this property is in a high-growth area surrounded by million-dollar new constructions.
The elevated 51x150 lot offers potential for downtown views and is zoned RS5, making it an ideal site for a lucrative new build or significant expansion.
The structure requires a complete renovation and is being sold in strictly as-is condition, necessitating a substantial additional budget for repairs or demolition.
With 97 days on the market, the property may face challenges regarding its current price point relative to the extensive work required to make it habitable or market-ready.
Perfectly located lot available or even a fixer upper! Of 28th ave with easy access to Charlotte Ave, interstates and Downtown! Elevated lot gives potential for downtown views pending what is built. Lot size 51x150 with several new builds going up in the area priced into the millions with downtown views. Zoned RS5. Complete renovation necessary - selling AS-IS. Interior photos and videos available upon request! Was being use as a rental for years prior to its current conditions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 883 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $315.0K | $556.0K |
| Price per sq ft | $357 | $305 |
| Built year | 1935 | 1971 |
| HOA | $0 | $133 |
| Days on market | 126 | 70 |
Jun 21, 2026
$315,000
Initial Listing