2905 Murray Cir, Nashville, TN 37216, Nashville, 37216 - 3 bed, 1 bath
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Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned above the $385,417 Fair Market Value. While the price reflects a premium, the R-6 Zoning on a 6,970 sqft lot provides significant upside for a two-family build or DADU addition. Featuring a Fair Condition Rating (5/10), the home requires a comprehensive renovation to modernize its 1950s interior. With its prime South Inglewood location and rare one-car garage, this asset is an ideal acquisition for Fix-and-Flip Investors or Builders seeking development-ready land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2905 Murray Cir Subject | $399,900* List Price | 3 | 1 | 1,149 | $335 | - |
A 1203 McChesney Ave Sold | $350,000 | 2 | 2 | 1,064 | $329 | 0.8 mi |
B 2008 Riverside Dr Active | $398,900 List Price | 3 | 1 | 1,138 | $351 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and largely in original condition, the home features a highly outdated bathroom and interior finishes (popcorn ceilings, knotty pine) that appear over 30-50 years old. The listing explicitly targets investors and builders for a rehab project and is sold 'as-is,' indicating the need for a total overhaul of systems and cosmetics despite having functional central HVAC.
The R-6 zoning on a nearly 7,000 sqft lot provides significant value for investors, allowing for a two-family build or a single-family home with a Detached Accessory Dwelling Unit (DADU).
Situated in the heart of South Inglewood, the property offers excellent walkability to local favorites and is located less than five miles from downtown Nashville.
The home includes sought-after features for its era, such as central HVAC, a rare one-car garage, and a large fenced-in backyard, providing a solid foundation for renovation.
The property is being sold in as-is condition, indicating that buyers should expect significant renovation costs to modernize the 1950s interior and systems.
With three bedrooms but only one bathroom, the current layout may be a drawback for modern families and could require a structural addition to maximize resale value.
East Nashville historic charm in an incredible location! Investors, builders, or buyers ready to put their own stamp on a home, this one has real potential. A one-owner home with good bones and a welcoming front porch, with a fireplace anchoring the main living space. Two bedrooms on the main level plus an additional large bedroom upstairs with plenty of storage. Central HVAC, large fenced-in backyard, a rare one-car garage, and large concrete drive. Zoned R-6 on at least 6,000 square feet, the lot is believed to allow a two-family build or a single-family home with a DADU. Located in the heart of South Inglewood, this home keeps you close to local restaurants, coffee shops, parks, and neighborhood favorites, with quick access to downtown Nashville in less than 5 miles. Get 0% down and as low as a 4.5% rate with no PMI if you qualify with our preferred lender. No buydown needed! Sold as-is.
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 | 20% |
| Square foot | 1,149 | 1,734 | 14% |
| Lot Size | 6,970 | 12,632 | 8% |
| Price | $399.9K | $550.0K | 25% |
| Price per sq ft | $348 | $329 | 63% |
| Built year | 1950 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 629 | 1% |
Feb 6, 2026
$399,900
Initial Listing