3418 W Hamilton Ave, Nashville, TN 37218, Nashville, 37218 - 0 bed, 0 bath
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Nashville, TN 37218
This duplex presents a High-Potential Investment Opportunity with a List Price of $265,000—positioned slightly above the $263,500 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the Dual-Unit Income Potential and Zero Association Fees provide a clear path to maximizing net operating income. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to stabilize the structure and improve long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3418 W Hamilton Ave Subject | $265,000* List Price | 0 | 0 | 1,431 | $184 | - |
A 3402 W Hamilton Ave Active | $260,000 List Price | 0 | 0 | 1,431 | $182 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old) and sold 'As-Is,' the property requires significant rehab. Exterior images show a vertical structural crack in the brickwork and weathered wooden stairs, while the interior appears mid-renovation with dated cabinetry and unfinished flooring, meeting the criteria for a property over 30 years old with safety/structural defects.
This property is a duplex that includes both 3418 and 3420 W. Hamilton, offering an immediate opportunity for multi-stream rental income or a house-hacking strategy.
Listed at $265,000 for two units, this property represents a highly affordable entry point into the Nashville residential income market compared to regional averages.
The absence of an HOA fee ($0) allows for lower monthly carrying costs and maximizes the net operating income for potential investors.
The property is being sold in 'As-Is' condition, which suggests the buyer should anticipate and budget for potential deferred maintenance or necessary renovations.
The assigned middle and high schools have low performance ratings (3 and 1 respectively), which may limit the property's appeal to families and impact long-term resale value.
Sold As-Is. Includes unit 3420 W. Hamilton
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-8 • 7.4 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,431 | - |
| Lot Size | - | - |
| Price | $265.0K | $567.9K |
| Price per sq ft | $185 | $237 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 1239 |
Jun 18, 2026
$265,000
Initial Listing