531 Eastboro Dr, Nashville, TN 37209, Nashville, 37209 - 0 bed, 0 bath
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531 Eastboro Dr
Nashville, TN 37209
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,189Sq Ft
0Lot Size
Property Price
LIST PRICE$410,000
EST. MARKET VALUE
$408,991
SUMMARY
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $410,000—positioned well below the $408,991 Fair Market Value (priced at market stability). With a Condition Rating of 4, this Income-Producing Asset offers immediate cash flow potential in the desirable Nations neighborhood. The property features a versatile dual-unit layout, perfect for value-add renovations to increase long-term equity. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to house-hack and offset mortgage costs through rental income.
Estimated Market Value
$408,991
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 Eastboro Dr Subject 0 bd · 0 ba · 1,189 sqft · $344 | $410,000* List Price | 0 | 0 | 1,189 | $344 | - |
A 616 Eastboro Dr Active 0 bd · 0 ba · 1,500 sqft · $317 · 0.1 mi | $475,000 List Price | 0 | 0 | 1,500 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, this property is over 70 years old and is marketed as an 'investor special' with 'opportunity to add value.' The presence of a window AC unit suggests dated HVAC systems, and the lack of mentioned renovations places it in the dated category. However, it remains functional and 'comfortable to occupy,' excluding it from poor or tear-down status.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the highly desirable Nations neighborhood, this property offers excellent proximity to Nashville's trendy amenities, ensuring strong long-term appreciation and tenant demand.
- Dual-Income Versatility
The duplex configuration allows for immediate cash flow from two units or a 'house hacking' opportunity where an owner-occupant can significantly offset their mortgage with rental income.
- Value-Add Potential
With a spacious lot and a 1955 build, there is significant opportunity to build equity through cosmetic renovations, expansion, or future redevelopment in a high-growth area.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
At 145 days on the market, the property has exceeded typical turnover times for the area, which may indicate a misalignment between the current list price and buyer expectations.
- Compact Unit Layouts
With only 1,189 total square feet split between two units, the individual 2-bedroom floor plans are exceptionally small, which could limit the rental premium and appeal to long-term tenants.
About 531 Eastboro Dr
Great investment opportunity in a prime NATIONS NEIGHBORHOOD location! This income-producing duplex sits on a spacious lot, with each unit offering 2 bedrooms and 1 full bath. (Front Unit A & B) is currently rented - both can be rented for $1,500+ a/ month. This home provides an excellent opportunity to add value, but is perfectly comfortable to occupy immediately. Don’t miss your opportunity to add a long-term, equity building asset to your portfolio. INVESTORS SPECIAL!! Easy Add to your investment portfolio, or First - Time Homebuyer Purchase and rent out the other unit
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1955
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Charlotte Park Elementary School
Grades PK-4 • 0.8 mi
4/10
Cockrill Elementary School
Grades PK-4 • 1.3 mi
4/10
Mckissack Middle School
Grades 5-8 • 2.1 mi
2/10
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 | 1,189 | 1,967.444 |
| Lot Size | - | - |
| Price | $410.0K | $455.6K |
| Price per sq ft | $345 | $238 |
| Built year | 1955 | 1964 |
| HOA | $0 | $0 |
| Days on market | 163 | 82 |
Pricing History
Listed for Sale
May 15, 2026
$410,000
Initial Listing