
Nashville, TN 37216
This Value-Add East Nashville Cottage represents a High-Potential Investment Opportunity listed at $351,000—positioned well below the $401,718 Fair Market Value by 12%. This valuation gap provides $50,718 in Instant Equity. While the home carries a Condition Rating of 4, it features a new 2023 roof, original hardwood floors, and an expansive 15,682 sqft lot. With strategic potential to add a second bathroom, this property offers significant forced appreciation. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking an affordable entry into the 37216 market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4812 Lindell St Subject | $351,000* List Price | 2 | 1 | 1,096 | $367 | - |
A 972 Malquin Dr Sold | $422,500 | 2 | 1 | 1,085 | $389 | 0.2 mi |
B 972 Malquin Dr Sold | $422,500 | 2 | 1 | 1,099 | $384 | 0.2 mi |
C 3912 Burrus St Sold | $275,000 | 3 | 1 | 992 | $277 | 1.0 mi |
D 716 Stanvid Dr Sold | $415,000 | 3 | 1 | 1,200 | $346 | 0.5 mi |
E 801 Virginia Ave Sold | $260,000 | 2 | 1 | 751 | $346 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is aged but appears to have been maintained through regular upkeep, including a new roof installed in 2023. While the original hardwood floors add character, the bathroom features very dated vintage tiling and fixtures, and the overall interior requires modernization and cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1096.
Situated in the highly desirable East Nashville area, this property offers exceptional convenience with a 10-minute commute to both downtown and the airport, plus easy access to Briley Parkway.
Priced well below the median for the 37216 zip code and featuring a massive 0.36-acre lot, the property provides a clear opportunity for equity growth through the addition of a second bathroom and modern updates.
With only one existing bathroom, the current layout may be a deterrent for modern buyers or small families, necessitating a renovation to increase functionality and marketability.
The assigned middle and high schools carry low ratings of 3 and 2 respectively, which could limit the property's appeal to families and impact long-term appreciation rates.
Come stake your claim to East Nashville!. This property represents an opportunity to achieve home ownership in a desirable area for an affordable price point. Conveniently located just minutes from Briley Parkway, 10 minutes from the airport, and 10 minutes from downtown. This home includes a LARGE BACKYARD, original HARDWOOD floors and a NEW ROOF from 2023. There is room to add a 2nd bathroom. Come check out this wonderful property well below the median home price in 37216.
No exterior & parking available.
Grades PK-4 • 3.0 mi
Grades 5-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,096 | 1,741.5 | 14% |
| Lot Size | 15,682 | 12,850 | 63% |
| Price | $351.0K | $542.5K | 23% |
| Price per sq ft | $320 | $330 | 46% |
| Built year | 1952 | 1950 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 581 | 0% |
Mar 10, 2026
$351,000
Initial Listing
Apr 9, 1996
$65,250
Public Record