
Nashville, TN 37211
This townhome presents a High-Potential Investment Opportunity with a List Price of $115,000, positioned at the current $115,000 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 2-bedroom, 2-bathroom layout in a strategic Nashville location offers significant upside for forced appreciation. Given the AS-IS status and necessary plumbing improvements, this asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a comprehensive renovation to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 370 Wallace Rd Unit C4 Subject 2 bd · 2 ba · 1,020 sqft · $113 | $115,000* List Price | 2 | 2 | 1,020 | $113 | - |
A 370 Wallace Rd Unit F3 Active 2 bd · 2 ba · 1,020 sqft · $113 · 0.1 mi | $115,000 List Price | 2 | 2 | 1,020 | $113 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no recorded renovations, the property is sold AS-IS and requires substantial improvements including plumbing repairs, indicating a need for a full rehab.
Priced at a significant discount for the Nashville market, this property offers a rare opportunity for investors or renovators to build substantial equity through strategic modernization.
The unit boasts excellent proximity to I-65, Nolensville Pike, and downtown Nashville, providing convenient access to major employment hubs, healthcare facilities, and retail centers.
The 2-bedroom, 2-bathroom townhouse configuration is a highly marketable layout that maximizes the 1,020 square feet, ensuring strong future resale or rental demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 546.
The property requires substantial improvements, including specific plumbing-related repairs, which will necessitate significant immediate capital expenditure and oversight.
Being sold in 'As-Is' condition by the HOA, the property likely will not qualify for traditional FHA or conventional financing, limiting the buyer pool to cash or specialized renovation loans.
Rare opportunity in Southern Hills Condominiums! This townhome is being offered AS-IS and is ready for a buyer looking to renovate and create value. The unit will require substantial improvements, including plumbing-related repairs, but provides an excellent opportunity for an investor, renovator, or buyer looking to customize a property to their own specifications. Conveniently located on Wallace Road with easy access to I-65, Nolensville Pike, shopping, restaurants, healthcare, and downtown Nashville. Property is being sold by the Southern Hills HOA. Buyer and Buyer’s Agent to verify all pertinent information, measurements, schools, and property condition.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.5 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,020 | 1,551.684 |
| Lot Size | 436 | 871 |
| Price | $115.0K | $365.8K |
| Price per sq ft | $113 | $238 |
| Built year | 1970 | 2003 |
| HOA | $233 | $260 |
| Days on market | 15 | 83 |
Oct 9, 2026
$115,000
Initial Listing