3319 John Mallette Dr, Nashville, TN 37218, Nashville, 37218 - 0 bed, 0 bath
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3319 John Mallette Dr
Nashville, TN 37218
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,692Sq Ft
0Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$399,999
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,999, which aligns with the current $399,999 Fair Market Value. As a Triplex in the Bordeaux area, this asset offers significant upside through renovation and potential rezoning for two dwellings or lot subdivision. Given its Condition Rating of 5, the property requires a full gut renovation, making it a strategic acquisition for Buy-and-Hold Investors or Developers focused on long-term value-add projects and rental income generation.
Estimated Market Value
$399,999
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3319 John Mallette Dr Subject | $399,999* List Price | 0 | 0 | 2,692 | $149 | - |
A 1814 County Hospital Rd Active | $339,900 List Price | 0 | 0 | 2,000 | $170 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 (72 years old) with no evidence of major renovations. The listing is marketed as a 'Builder or Investor Special' for rehab or redevelopment. Interior photos show significant wear including peeling walls, dated wall heaters instead of modern HVAC, and aged electrical meters, requiring a full gut renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property offers significant upside for builders or investors with the potential to rezone for two dwellings or subdivide the lot in the sought-after Bordeaux area.
- Income-Producing Structure
Currently configured as a triplex with 2,692 sqft, this property provides an immediate opportunity for rental income or a strategic buy-and-hold investment.
- Strategic Location
Situated on a prime corner lot in the growing Bordeaux neighborhood, the property is well-positioned for future appreciation and new development projects.
CONSRISKS & DEFICIENCIES
- As-Is Condition
Sold in as-is condition, the property likely requires substantial capital expenditure for renovations or a complete rebuild to reach its full market potential.
- Low School Ratings
The local school district features low-rated middle and high schools, which may limit the property's appeal to owner-occupant families and impact long-term resale value.
About 3319 John Mallette Dr
**Builder or Investor Special** This is an excellent opportunity for renovation, buy and hold or new development. Per zoning there is possibility to rezone to build two dwellings or subdivide lot. Highly sough after lot in Bordeaux, Home has been converted to a Triplex. Middle unit is vacant for showings, please do not disturb tenants at any point.Property is Sold As-Is. For a private showings, please text Agent. Buyers and Buyers Agent to do due diligence.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1952
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Cumberland Elementary School
Grades PK-4 • 2.2 mi
5/10
Joelton Middle School
Grades 5-8 • 8.4 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 5.8 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,692 | 1,688.769 |
| Lot Size | - | - |
| Price | $400.0K | $430.8K |
| Price per sq ft | $149 | $248 |
| Built year | 1952 | 1963 |
| HOA | $0 | $0 |
| Days on market | 96 | 75 |
Pricing History
Listed for Sale
Jun 5, 2026
$399,999
Initial Listing
Sold
May 30, 1997
$76,900
Public Record