2900 Morningside Dr, Nashville, TN 37207, Nashville, 37207 - 3 bed, 1 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $279,900, aligned with its $279,900 Fair Market Value. While the existing 1946 structure carries a Condition Rating of 6, the primary value lies in the 6,970 sqft corner lot and its Development Potential for a lot split. Located just 5 miles from Downtown Nashville near the high-growth Dickerson Pike corridor, this asset is ideal for Residential Developers or Speculative Investors seeking to maximize density through new construction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2900 Morningside Dr Subject 3 bd · 1 ba · 720 sqft · $389 | $279,900* List Price | 3 | 1 | 720 | $389 | - |
A 2910 Morningside Dr Active 2 bd · 1 ba · 656 sqft · $427 · 0.0 mi | $279,900 List Price | 2 | 1 | 656 | $427 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1946 (78 years old) with no mention of renovations. The listing explicitly markets the property as a tear-down opportunity to split the lot for new construction, indicating the primary value is in the land rather than the existing structure.
The property offers a significant value-add opportunity as the lot can be split into two separate parcels upon demolition of the existing structure, maximizing the return on investment for builders.
Situated just 5 miles from Downtown Nashville and right off the rapidly developing Dickerson Pike corridor, the property is positioned in a high-growth area with easy interstate access.
The corner lot positioning provides superior visibility, dual access points, and greater architectural flexibility for new construction compared to standard interior lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing 1946 structure is functionally obsolete at only 720 sqft and straddles the property line, necessitating a full demolition to unlock the land's highest and best use.
With 237 days on the market, the property may carry a stigma of being overpriced or having underlying complexities that have deterred previous buyers.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 720 | 2,045.139 |
| Lot Size | 6,970 | 10,890 |
| Price | $279.9K | $556.0K |
| Price per sq ft | $389 | $305 |
| Built year | 1946 | 1971 |
| HOA | $0 | $133 |
| Days on market | 265 | 70 |
Feb 1, 2026
$279,900
Initial Listing