300 37th Ave N, Nashville, TN 37209, Nashville, 37209 - 0 bed, 0 bath
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Nashville, TN 37209
This income-producing High-Potential Investment Opportunity is listed at $860,000, positioned well below the $876,675 Fair Market Value by 2%. This valuation gap offers $16,675 in Instant Equity. Featuring a Condition Rating of 3, the quadplex includes recent capital improvements like new HVAC systems. With RS5 Zoning and strong rental demand in Sylvan Heights, this asset provides immediate cash flow with significant upside for value-add strategies. It is an ideal acquisition for Buy-and-Hold Investors or Real Estate Developers seeking a stable Nashville income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 37th Ave N Subject | $860,000* List Price | 0 | 0 | 3,156 | $278 | - |
A 3320 Clifton Ave Sold | $860,000 | 0 | 0 | 2,860 | $301 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1945 build date, the property is well-maintained and functional as an active income-producing quadplex. It features recent capital improvements including two new HVAC systems and appliances within the last 24 months. Interior images show move-in ready conditions with updated laminate flooring, newer bathroom vanities, and clean kitchen cabinetry consistent with a 5-15 year renovation cycle.
Situated in the highly desirable Sylvan Heights neighborhood, this property offers exceptional proximity to downtown Nashville, trendy dining, and major thoroughfares, ensuring long-term desirability and low vacancy.
With all tenants currently on month-to-month leases and rents performing below market rates, there is a significant opportunity to immediately increase cash flow through rental adjustments or strategic renovations.
The property features two new HVAC systems and updated appliances installed within the last 24 months, reducing immediate maintenance concerns and capital expenditure for the incoming investor.
The 'showings by accepted contract only' requirement creates a high barrier to entry, potentially deterring qualified buyers who prefer to inspect the physical condition before committing to a purchase price.
The property is zoned RS5 and currently utilizes only three utility meters for four units, which may complicate redevelopment plans and individual tenant utility billing.
Exceptional Investment Opportunity in Sylvan Heights Income-producing quadplex in the highly desirable Sylvan Heights neighborhood with immediate upside potential. The property consists of four units with a strong rental history. All tenants are currently on month-to-month leases and have been long-term residents for 2–5 years, providing flexibility for an investor to continue operating as a rental or pursue redevelopment. Current rents are below market, creating an opportunity to increase cash flow through rental adjustments or value-add improvements. Recent capital improvements include two new HVAC systems and some other appliances wtihin the past 24 months. The property is zoned RS5 and currently has three utility meters. Buyers should verify redevelopment possibilities with Metro Codes to determine what may be built if the existing structure is removed. Located just minutes from downtown Nashville with convenient access to restaurants, shopping, parks, and major thoroughfares. Showings by accepted contract only. No low-ball offers, please. Not THAT motivated:)
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades PK-4 • 1.0 mi
Grades K-4 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,156 | - |
| Lot Size | - | - |
| Price | $860.0K | $567.9K |
| Price per sq ft | $272 | $237 |
| Built year | 1945 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1239 |
Jul 20, 2026
$860,000
Initial Listing