513 Veritas St, Nashville, TN 37211, Nashville, 37211 - 2 bed, 1 bath
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513 Veritas St
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,096Sq Ft
1,307Lot Size
Property Price
LIST PRICE$375,000
SUMMARY
Analysis of 513 Veritas St, Nashville, TN 37211 is currently available with a list price of $375,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1935, the property is dated and being sold primarily for land value; however, the structure is explicitly stated to be 100% livable and rentable, featuring well-maintained interior hardwood floors and functional living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is already site-approved for a side-by-side HPR 2 build, offering a turnkey opportunity for developers to maximize the lot's value in a high-demand Nashville market.
- Immediate Cash Flow
The existing 1935 home is 100% livable and currently rented, providing steady income for an investor while navigating the permitting and planning phases of redevelopment.
- Investment Flexibility
With options to maintain the current structure or reconfigure the HPR for a front/back build, the property offers multiple strategies to suit different development goals and site layouts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 3485.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1307, living area = 1096.
- Underperforming Schools
The assigned middle and high schools have low ratings (3/10 and 2/10), which may limit the property's appeal to families prioritizing educational quality in their home search.
About 513 Veritas St
Site approved for a side by side HPR 2 build. Current home on the site is rented with the intent to vacate with contract. Property is being listed primarily for its land value, however the existing home is 100% livable and rentable. Options could also include keeping the existing home and redoing the HPR to be a front/back build.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glencliff Elementary School
Grades K-4 • 1.2 mi
6/10
Wright Middle School
Grades 5-8 • 0.6 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,096 | 2,093.129 |
| Lot Size | 1,307 | 10,890 |
| Price | $375.0K | $568.3K |
| Price per sq ft | $342 | $307 |
| Built year | 1935 | 1971 |
| HOA | $0 | $137 |
| Days on market | 3 | 69 |
Pricing History
Listed for Sale
Sep 7, 2026
$375,000
Initial Listing