
Nashville, TN 37220
This property presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well below the $644,668 Fair Market Value by 0.7%. This valuation gap offers $4,668 in Instant Equity. Featuring a Fair Condition Rating, the property requires a full rehab to modernize its 1960s layout. Its duplex configuration and half-acre lot provide significant versatility for conversion or rental income. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the desirable Crieve Hall area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5020 Kincannon Dr Subject 4 bd · 2 ba · 1,431 sqft · $451 | $640,000* List Price | 4 | 2 | 1,431 | $451 | - |
A 659 Devon Dr Sold 3 bd · 2 ba · 1,302 sqft · $472 · 0.9 mi | $615,000 | 3 | 2 | 1,302 | $472 | 0.9 mi |
B 640 Hogan Rd Active 2 bd · 2 ba · 1,366 sqft · $403 · 1.0 mi | $550,000 List Price | 2 | 2 | 1,366 | $403 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (64 years old) with no evidence of recent major renovations. The kitchen features very dated knotty pine cabinetry and older appliances. The presence of window AC units suggests a lack of modern central HVAC systems. Interior photos show significant wear on original hardwood floors and a visible crack above a doorway, indicating potential structural settling. The property requires a full rehab or significant conversion 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 = 22216, living area = 1431.
The current duplex configuration offers exceptional flexibility for house hacking, multi-generational living, or conversion into a spacious single-family residence.
Located in the highly desirable Crieve Hall area with no HOA restrictions, providing easy access to downtown Nashville, shopping, and dining.
With only 1,431 total square feet split between two units, the individual rooms and living spaces may feel undersized for some buyers.
Converting the property or changing its use requires navigating zoning and permit requirements, which adds complexity and potential cost to the project.
Excellent opportunity in the desirable Crieve Hall area! Currently configured as a duplex, this versatile property offers the potential to be converted into a spacious single-family home. Each side features two bedrooms, one full bathroom, a kitchen, and a living area. Keep the existing layout and live in one side while renting the other, create private accommodations for extended family, or explore combining both units into one residence. Situated on approximately half an acre, the property includes original hardwood floors, ample parking, and no HOA. Conveniently located near shopping, dining, schools, major roadways, and downtown Nashville. A rare opportunity to customize a property that offers both flexibility and income potential. Buyer to verify zoning, permitted use, and any requirements for conversion. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,431 | 2,045.139 |
| Lot Size | 22,216 | 10,890 |
| Price | $640.0K | $556.0K |
| Price per sq ft | $447 | $305 |
| Built year | 1960 | 1971 |
| HOA | $0 | $133 |
| Days on market | 41 | 70 |
Sep 13, 2026
$640,000
Initial Listing