
Nashville, TN 37211
This Unfinished New Construction Shell is a strategic Value-Add Asset listed at $479,000, offering a stable entry at its $479,000 Fair Market Value. Currently in Poor Condition, this 2024 "closed-envelope" structure provides a blank canvas to complete a high-demand 4-Bedroom, 3.5-Bath floor plan. Featuring a Private Deck and significant Short-Term Rental Potential, the property allows for substantial forced appreciation in a high-growth Nashville area. This project is a high-utility acquisition perfectly suited for Fix-and-Flip Investors or Contractors looking to customize a modern residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2929 Wingate Ave Subject | $399,000* List Price | 4 | 4 | 2,000 | $200 | - |
A 412 Veritas St Sold | $388,000 | 4 | 2 | 1,796 | $216 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the property is a 2024 new construction, it is being sold as an unfinished 'closed-envelope' shell. The interior is currently down to the studs with only rough-in electrical visible; there are no kitchens, bathrooms, flooring, or HVAC systems installed. Because it requires substantial construction and rehabilitation to reach a habitable state, it is classified as poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2000.
As a fully framed 'closed-envelope' new construction, this property allows builders or homeowners to select all interior finishes, providing a unique opportunity to create a custom home without starting from the ground up.
The planned 2,000 sq. ft. layout featuring 4 bedrooms and 3.5 baths is highly desirable for both families and investors, offering a competitive edge in the Nashville rental and resale market.
Being sold as an unfinished shell, the property requires substantial additional capital and construction management to reach a habitable state, which may limit financing options to cash or specialized construction loans.
As a bank-owned property sold 'as-is' with third-party approval requirements and corporate addendums, buyers should expect a more rigid negotiation process and potentially longer response times.
Bank-owned property sold AS-IS. All offers are subject to seller's corporate addendum and third-party approval; please allow reasonable response time for review. Located in the Tuggle Heights subdivision, this partially completed new construction home has been framed and enclosed and is ready for completion. Building plans indicate approximately 2,000 square feet upon completion with a proposed 4-bedroom, 3.5-bath floor plan. An excellent opportunity for builders, investors, or buyers seeking to complete the home to their own specifications. Buyer to independently verify all pertinent information, including square footage, zoning, permits, building requirements, and intended use. Any future use of the property is subject to applicable Metro Nashville regulations and approvals.
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades 5-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,000 | - |
| Lot Size | 9,583 | - |
| Price | $399.0K | $559.9K |
| Price per sq ft | $200 | $306 |
| Built year | 2024 | 0 |
| HOA | $0 | $0 |
| Days on market | 196 | 451 |
Jun 8, 2026
$399,000
$479,000
-17% Price Drop
Initial Listing
Dec 12, 2025
$479,000
Initial Listing