
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned above the $355,740 Fair Market Value. While the property requires a full renovation due to its Condition Rating of 5, the .29 acre lot and flexible multi-generational layout—including a second kitchen and unfinished basement—provide significant value-add potential. Located in a high-growth corridor, this asset is ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive transformation to capitalize on the area's ongoing appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3903 Burrus St Subject | $425,000* List Price | 3 | 2 | 1,488 | $239 | - |
A 1145 Ardee Ave Sold | $462,540 | 3 | 2 | 1,468 | $315 | 0.5 mi |
B 1606 Stratford Ave Sold | $400,000 | 3 | 2 | 1,782 | $224 | 1.0 mi |
C 1125 Leland Ave Sold | $320,000 | 2 | 2 | 1,559 | $205 | 1.0 mi |
D 1425 Shelton Ave Sold | $450,000 List Price | 4 | 2 | 2,026 | 0.8 mi | |
E 1028 IVERSON AVENUE Sold | $385,000 List Price | 3 | 2 | 1,835 | 0.7 mi | |
F 1203 McChesney Ave Sold | $350,000 | 2 | 2 | 1,064 | $329 | 0.4 mi |
G 4006 Kennedy Ave Active | $360,000 List Price | 3 | 1 | 1,210 | $298 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 and marketed as an investor renovation project, the property shows significant age-related wear with no evidence of recent updates. The bathroom and interior finishes are dated (30+ years), the HVAC system is split between central and wall units, and the listing explicitly calls for a contractor to handle a full transformation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1488.
Situated in one of Nashville’s hottest growth corridors, this property is surrounded by ongoing renovations and high-end development, offering significant upside for investors or equity-seeking buyers.
The inclusion of a second upstairs kitchen and an unfinished basement provides rare versatility for a rental investment, multi-generational living, or future square footage expansion.
Marketed as an investor opportunity, the home requires a full transformation and professional contractor involvement to address its 1940s-era condition and realize its full value.
The property lacks uniform HVAC, with central air limited to the downstairs and wall units upstairs, likely requiring a costly system upgrade during the renovation process.
Investor opportunity in one of Nashville’s hottest growth corridors! Located in the heart of Maplewood in North East Nashville, this 3 bedroom, 2 bath home sits on a spacious .29 acre lot and is packed with potential for the right buyer with vision. Whether you’re looking for your next renovation project, long-term rental investment, resale opportunity, or possible multi-generational setup, this property offers the kind of flexibility investors are always searching for. Inside, you’ll find 1,488 square feet ready for transformation, including a fireplace in the main living area, an upstairs second kitchen, and an unfinished basement that opens the door for additional storage, workshop space, or future expansion ideas. The downstairs is serviced by central heat and air, while the upstairs features a wall unit setup. The layout creates intriguing possibilities for reimagining the space into a charming East Nashville cottage with strong upside potential. Outside, the fully fenced backyard and storage shed add even more value, while the generous lot size provides room to enhance outdoor living and curb appeal. Surrounded by renovated homes and ongoing investment throughout the area, savvy buyers will immediately recognize the opportunity to capitalize on the momentum already happening on this street and throughout Maplewood. Conveniently located with quick access to Gallatin Pike, Ellington Parkway, downtown Nashville, and all the restaurants, coffee shops, entertainment, and local favorites that make East Nashville so desirable. Bring your contractor, your imagination, and your vision for what this property could become.
No exterior & parking available.
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 | 1,488 | 1,734 | 30% |
| Lot Size | 12,632 | 12,632 | 50% |
| Price | $425.0K | $550.0K | 27% |
| Price per sq ft | $286 | $327 | 30% |
| Built year | 1940 | 1948 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 629 | 1% |
May 28, 2026
$425,000
Initial Listing