3223 Lincoln Ave, Nashville, TN 37218, Nashville, 37218 - 3 bed, 2 bath
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Nashville, TN 37218
This property represents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $305,779 Fair Market Value by 3%. This valuation gap offers $10,779 in Instant Equity for buyers prepared to address a Total Tear-Down Condition structure. The expansive 17,860 sqft lot on a rapidly developing street provides a blank canvas for a custom build with No HOA Restrictions. Located near downtown Nashville, this cash-only acquisition is a high-upside project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3223 Lincoln Ave Subject | $295,000* List Price | 3 | 2 | 2,000 | $153 | - |
A 1812 Elizabeth Rd Sold | $285,316 List Price | 4 | 2 | 1,488 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly identifies the property as a tear-down and a shell, stating that entry is not recommended due to hazardous conditions. Built in 1958 with no evidence of recent renovations, the structure is considered unlivable, and the value is strictly in the land for redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 2000.
Located on a rapidly developing street in a high-demand area, this property offers a blank canvas for investors or builders to construct a modern custom home in a 'hot' market.
The generous 17,860 square foot lot provides significant space for a large residential footprint, expansive outdoor living areas, or premium landscaping, offering more flexibility than standard city lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The existing structure is a shell in hazardous condition, meaning the value is strictly in the land and the buyer must account for the immediate costs of demolition and debris removal.
The listing is restricted to cash buyers only, which eliminates traditional financing options and significantly narrows the pool of potential purchasers.
Investors!!! This is a tear-down—home is a shell and entry is not recommended. Value is in the land only. Located on a HOT, rapidly developing street, this is a prime opportunity for a cash buyer to build a new home. Convenient to shopping, golf, parks, and downtown Nashville. Cash only. Do not enter the home. No HOA.
No exterior & parking available.
Grades PK-4 • 2.2 mi
Grades 5-8 • 7.9 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,000 | 1,488 | 69% |
| Lot Size | 17,860 | 11,761 | 68% |
| Price | $295.0K | $357.5K | 36% |
| Price per sq ft | $148 | $205 | 23% |
| Built year | 1958 | 1971 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 310 | 1% |
Apr 1, 2026
$295,000
Initial Listing