
Nashville, TN 37207
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $374,404 Fair Market Value by -6%. While the list price exceeds the current valuation, the R-20 Zoning and nearly one-acre lot provide significant development upside for a DADU or second home. Featuring a Fair Condition Rating with 2024 mechanical upgrades, the home requires cosmetic interior updates. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage land utility in an established Nashville neighborhood.
Property is moderate renovation needed.
While the property boasts brand new essential systems from 2024 (HVAC, water heater, insulation), the interior remains significantly dated. The bathroom features original-style pink tiling and floral wallpaper likely exceeding 30 years in age, and the 1963 structure requires cosmetic and functional updates to the kitchen and baths to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42689, living area = 1300.
The nearly one-acre lot is zoned R-20 and meets requirements for two single-family homes or a DADU, offering significant investment upside or expansion value.
Extensive 2024 updates including a new HVAC system, water heater, and attic insulation provide immediate energy efficiency and reduced maintenance costs for the buyer.
With over 240 days on the market and a recent price reduction, the property may face challenges with buyer perception regarding its market value.
The property is served by schools with lower performance ratings (2/10 and 3/10), which may limit its appeal to families prioritizing educational districts.
Cozy all brick ranch in super quiet well-established Nashville neighborhood. This 3 bd, 1.5 bath home boasts an open concept kitchen/den combo making for an intimate space for daily living. There is also a living room/dining room combo with large window offering wonderful natural lighting, and plenty of space for entertaining. New HVAC, water heater, attic insulation, bathroom exhaust vent, dryer exhaust vent, weather stripping around all doors, and smoke detectors installed in all rooms (all done in 2024). One car garage, storage shed, carport, and blacktop driveway. All of this situated on a lot that is just shy of an acre, zoned R-20 and meeting the necessary requirements for 2 single family homes on the lot, making it perfect for a DADU. Buyer and Buyer's Agent to verify all pertinent information including zoning and school zones.
No exterior & parking available.
Grades PK-4 • 0.8 mi
Grades 5-8 • 2.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,300 | - |
| Lot Size | 42,689 | - |
| Price | $400.0K | $556.8K |
| Price per sq ft | $308 | $306 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 316 | 484 |
May 10, 2026
$400,000
$425,000
-6% Price Drop
Initial Listing
Sep 9, 2025
$425,000
Initial Listing