531 Achievement Dr, Nashville, TN 37209, Nashville, 37209 - 3 bed, 2 bath
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Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $434,832 Fair Market Value by -3%. While the home carries a Poor Condition Rating and requires a full rehab, the expansive 9,148 sqft lot and prime location backing onto Charlotte Park Elementary provide significant long-term value. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the high-growth Charlotte Park neighborhood through comprehensive renovation and modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 Achievement Dr Subject | $450,000* List Price | 3 | 2 | 1,431 | $304 | - |
A 492 Sunliner Dr Active | $425,000 List Price | 3 | 2 | 1,388 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (66 years old) with no mentioned renovations, this property falls into the 'Poor' category as it requires a full rehab. The listing explicitly states it 'needs work to live in or rent' and targets investors, indicating that the kitchen, bathrooms, and major systems (HVAC/Electric) likely exceed their functional lifespan and require significant updates or repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1431.
The property backs directly onto Charlotte Park Elementary, offering exceptional convenience for families and increasing its long-term desirability and rental appeal.
Located in the high-growth Charlotte Park neighborhood with no HOA fees, this home presents a significant opportunity for equity growth through renovation or a fix-and-flip strategy.
The property is noted as needing work to be habitable or rent-ready, which will require immediate additional capital investment for repairs and modernization.
Built in 1960, the home likely features aging systems and a traditional layout that may not align with modern buyer preferences without significant structural updates.
Investors welcome! 3 bedroom 1 and 1/2 bath Charlotte Park home backing up to Charlotte Park Elementary. Need some work to live in or rent.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 3.3 mi
Grades 5-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,431 | - |
| Lot Size | 9,148 | - |
| Price | $450.0K | $556.8K |
| Price per sq ft | $314 | $306 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 484 |
Jun 27, 2026
$450,000
Initial Listing
Apr 29, 1994
$87,000
Public Record