516 19th Ave, N, Nashville, TN 37203, Nashville, 37203 - 0 bed, 0 bath
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516 19th Ave
N, Nashville, TN 37203
ACTIVE
CONDITION: FAIR
0Beds
0Baths
28,290Sq Ft
0Lot Size
Property Price
LIST PRICE$1,950,000
SUMMARY
--------- OWNER IS SELLING 10 OF THE TOWNHOMES FOR NOW - 2,750,000 OFFICIAL PRICING ____________________This 10-unit townhome portfolio presents a rare investment opportunity in Nashville. Built in 2000 and offered by the original developer, the property consists entirely of spacious 2-bedroom, 2-bath floor plans ranging from 1,100 to 1,300 square feet. Situated on a 1.47-acre site, the community is 100% occupied, providing immediate operational flexibility for a new owner. Investors have the opportunity to implement a comprehensive renovation program and explore condo conversion optionality, creating multiple potential paths to maximize value. 10-Unit Townhome Portfolio Built in 2000 (Original Developer Ownership) 2 Bed / 2 Bath Floor Plans 1,100–1,300 SF Units 1.47-Acre Urban Site 100% Occupied Opportunity to Modernize Units Condo Conversion Optionality
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000, the property is over 20 years old with no noted renovations. The exterior shows standard wear for its age, and the listing description explicitly states there is an opportunity to modernize the units and implement a comprehensive renovation program, indicating the property is dated and needs updates.
PROSSTRENGTHS & OPPORTUNITIES
- 100% Occupancy & Immediate Cash Flow
The portfolio is fully occupied, providing a turnkey investment with stable, immediate rental income and operational flexibility for a new owner from day one.
- Significant Value-Add Potential
With original developer ownership since 2000, there is a prime opportunity to implement a comprehensive renovation program or explore a condo conversion strategy to maximize asset value.
- Prime Urban Scale
Situated on a substantial 1.47-acre site in Nashville's high-demand 37203 zip code, this 10-unit portfolio offers rare scale and long-term land value in a growing urban core.
CONSRISKS & DEFICIENCIES
- Modernization Requirements
Built in 2000 and likely maintaining original finishes, the units will require significant capital expenditure for upgrades to meet current market standards and command top-tier rents.
- Pricing Ambiguity
The discrepancy between the $1.95M list price and the $2.75M 'official pricing' mentioned in the description may create confusion during the valuation and negotiation process.
About 516 19th Ave
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1999
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 28,290 | 1,967.444 |
| Lot Size | - | - |
| Price | $1.95M | $455.6K |
| Price per sq ft | $69 | $238 |
| Built year | 1999 | 1964 |
| HOA | $0 | $0 |
| Days on market | 115 | 82 |
Pricing History
Listed for Sale
Jul 1, 2026
$1,950,000
Initial Listing