2900 Morningside Dr, Nashville, TN 37207, Nashville, 37207 - 3 bed, 1 bath
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Nashville, TN 37207
This Development-Ready Asset is listed at $329,000, representing a High-Potential Investment Opportunity within the rapidly appreciating Dickerson corridor. While the list price exceeds the $301,220 Fair Market Value, the property’s true value is unlocked through a Lot Split Potential into two separate parcels upon demolition. Featuring a Condition Rating of 6, the existing 1946 structure is a prime teardown candidate on a high-visibility Corner Lot. Located just 5 miles from Downtown Nashville, this project offers significant ROI for Real Estate Developers and Speculative Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2900 Morningside Dr Subject | $329,000* List Price | 3 | 1 | 720 | $418 | - |
A 2910 Morningside Dr Active | $329,000 List Price | 2 | 1 | 656 | $502 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly markets the property as a tear-down opportunity to facilitate a lot split for new construction. Built in 1946, the structure shows significant obsolescence with a very dated bathroom and small footprint; the description confirms the highest and best use is demolition to realize the value of the land.
The property offers a unique opportunity to split the lot into two separate parcels upon demolition of the existing structure, significantly increasing the investment value for builders.
Situated just 5 miles from Downtown Nashville with easy interstate access and proximity to the rapidly developing Dickerson corridor, ensuring strong future appreciation.
The corner lot location provides enhanced visibility, dual access points, and greater architectural flexibility for potential new construction projects.
Built in 1946 with only 720 square feet, the existing home likely requires a full renovation or complete teardown to realize the property's highest and best use.
The assigned middle and high schools carry low ratings (2-3), which may limit the property's appeal to families prioritizing local educational performance.
This lot can be split into two parcels with a simple quitclaim deed, only if you tear down home, great value! In order to do this there cannot be a structure straddling the property line so this applies to tear down existing structure and new build only. 5 miles to Downtown, easy access to the interstate. Right off Dickerson which is hot with new development. Opportunity to renovate or build new on this corner lot where all new activity is occurring! 2900 Morningside (MLS#: 3153070) also for sale by seller.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades PK-4 • 2.5 mi
Grades 5-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 720 | 1,495.5 | 2% |
| Lot Size | 6,970 | 8,712 | 28% |
| Price | $329.0K | $375.0K | 37% |
| Price per sq ft | $457 | $240 | 95% |
| Built year | 1946 | 1970 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 358 | 2% |
Feb 1, 2026
$329,000
Initial Listing