3904 Milford Rd, Nashville, TN 37218, Nashville, 37218 - 1 bed, 1 bath
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3904 Milford Rd
Nashville, TN 37218
ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
864Sq Ft
25,700Lot Size
Property Price
LIST PRICE$249,900
EST. MARKET VALUE
$241,701
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $249,900—positioned slightly above the $241,701 Fair Market Value. While the existing structure carries a Condition Rating of 6 (Teardown), the expansive 0.59-acre lot provides significant redevelopment potential in a growing Nashville market. With No HOA restrictions and high lot utilization, this asset is primed for new construction. This is a strategic acquisition ideal for Residential Developers or Fix-and-Flip Investors seeking a blank canvas for a high-margin project.
Estimated Market Value
$241,701
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 |
|---|---|---|---|---|---|---|
★ 3904 Milford Rd Subject | $249,900* List Price | 1 | 1 | 864 | $280 | - |
A 3810 Fairview Dr Active | $259,000 List Price | 3 | 1 | 1,161 | $223 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1951 with no renovations, the listing explicitly identifies the structure as a teardown. The property is marketed for land value and redevelopment potential, with the existing small structure and rusted outbuildings appearing unlivable.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 864.
- Redevelopment Potential
The generous 0.59-acre lot offers a prime opportunity for builders and investors to start fresh with new construction in a growing Nashville market.
- No HOA Restrictions
The absence of a Homeowners Association provides owners with greater flexibility for their vision and eliminates recurring monthly association fees.
CONSRISKS & DEFICIENCIES
- Teardown Condition
The existing structure is a complete teardown, necessitating immediate capital for demolition and site preparation before any new construction can begin.
- Regulatory Constraints
Any redevelopment is strictly subject to local zoning and building requirements, which may limit the scope or density of the intended investment project.
About 3904 Milford Rd
Bring your vision to this half-acre+ property in Nashville, TN, which presents an excellent opportunity for investors, builders, or anyone searching for redevelopment potential in the growing Middle Tennessee market! The existing home is a teardown, allowing the next owner to start fresh and explore the possibilities this spacious lot has to offer. With no HOA, the property provides added flexibility without monthly association fees or HOA restrictions. The generous 0.59 acre lot offers potential for new construction or an investment project, subject to applicable zoning and building requirements. Enjoy convenient access to Nashville shopping, restaurants, entertainment, employment centers, major roadways, and everyday essentials. Whether you're looking for your next investment or a property ready for a new vision, this Nashville real estate opportunity is worth exploring!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 25,700 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 864 | 2,093.129 |
| Lot Size | 25,700 | 10,890 |
| Price | $249.9K | $568.3K |
| Price per sq ft | $289 | $307 |
| Built year | 1951 | 1971 |
| HOA | $0 | $137 |
| Days on market | 11 | 69 |
Pricing History
Listed for Sale
Aug 31, 2026
$249,900
Initial Listing