370 Wallace Rd Unit F3, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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370 Wallace Rd Unit F3
Nashville, TN 37211
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,020Sq Ft
436Lot Size
Property Price
LIST PRICE$115,000
EST. MARKET VALUE
$115,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $115,000, currently aligned with the $115,000 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 1,020 sqft floor plan offers a functional layout for value-add renovations. Located near I-65 and major healthcare hubs, the asset provides strong rental demand potential. This is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of addressing necessary plumbing and structural improvements to maximize long-term equity.
Estimated Market Value
$115,000
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 |
|---|---|---|---|---|---|---|
★ 370 Wallace Rd Unit F3 Subject 2 bd · 2 ba · 1,020 sqft · $113 | $115,000* List Price | 2 | 2 | 1,020 | $113 | - |
A 370 Wallace Rd Unit C4 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of recent renovations, this property is sold AS-IS and requires substantial improvements, including plumbing-related repairs. The description and exterior image indicate significant neglect, necessitating a full rehab to address functional and potential safety defects.
PROSSTRENGTHS & OPPORTUNITIES
- High Value-Add Potential
Priced significantly below the Nashville market average at $115,000, this property offers a rare opportunity for investors or renovators to build substantial equity through a full customization.
- Strategic Location
Situated with easy access to I-65 and Nolensville Pike, the property is ideally located near major healthcare hubs, shopping, and is just a short commute to downtown Nashville.
- Desirable Floor Plan
The 1,020 sqft layout featuring 2 bedrooms and 2 bathrooms provides a functional and high-demand footprint that is attractive for both future resale and the rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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 = 536.
- Substantial Repair Requirements
The unit requires significant renovation, specifically citing plumbing-related repairs and general improvements, which will necessitate a large upfront capital injection.
- Financing Limitations
Being sold in 'As-Is' condition by the HOA, the property's current state and repair needs may disqualify it from traditional financing, likely requiring a cash buyer or a renovation-specific loan.
About 370 Wallace Rd Unit F3
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.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1970
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $233 / Month
Neighborhood Insights
Nashville Unified Schools
Haywood Elementary School
Grades PK-4 • 0.9 mi
4/10
Mcmurray Middle School
Grades 5-8 • 1.5 mi
4/10
John Overton Comp High School
Grades 9-12 • 2.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 |
Pricing History
Listed for Sale
Oct 9, 2026
$115,000
Initial Listing