
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 | $479,000* List Price | 4 | 4 | 2,000 | $240 | - |
A 3204 Kinross Ave Sold | $565,000 | 4 | 3 | 2,436 | $232 | 0.3 mi |
B 412 Veritas St Sold | $388,000 | 4 | 2 | 1,796 | $216 | 0.7 mi |
C 506 Drake Ave Sold | $478,563 | 3 | 3 | 1,824 | $262 | 0.7 mi |
D 232 Thuss Ave Sold | $390,000 | 3 | 2 | 1,939 | $201 | 0.3 mi |
E 319 Morton Ave Active | $389,500 List Price | 4 | 2 | 1,325 | $294 | 0.4 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 subject to seller’s corporate addendum & third-party approval; please allow reasonable response time. Located in the Tuggle Heights subdivision, this 2024 closed-envelope new construction is fully framed and ready for completion. The planned layout offers approx. 2000 sq. ft. with 4 bedrooms and 3.5 baths and is excellent opportunity for builders, investors, or buyers wanting to finish a home to their own specifications. The home's layout and location offer flexibility for a variety of uses and could be suitable for short-term rental opportunities, subject to all applicable Metro Nashville regulations and required permits.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,000 | 1,827 | 56% |
| Lot Size | 9,583 | 11,761 | 34% |
| Price | $479.0K | $449.9K | 60% |
| Price per sq ft | $240 | $238 | 51% |
| Built year | 2024 | 1968 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 474 | 7% |
Dec 12, 2025
$479,000
Initial Listing