6 Lutie St, Nashville, TN 37210, Nashville, 37210 - 3 bed, 2 bath
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6 Lutie St
Nashville, TN 37210
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,088Sq Ft
12,197Lot Size
Property Price
LIST PRICE$279,900
EST. MARKET VALUE
$306,699
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $279,900—positioned well below the $306,700 Fair Market Value by 8%. This valuation gap offers $26,800 in Instant Equity. Featuring a 1-year-old roof and hardwood floors, the home maintains a Fair Condition Rating while providing immediate, stable cash flow from long-term tenants. With a large 12,197 sqft lot, this asset is an ideal acquisition for Buy-and-Hold Investors or rental portfolio managers seeking a reliable, income-producing property in Nashville.
Estimated Market Value
$306,699+$26,799 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 6 Lutie St Subject | $279,900* List Price | 3 | 2 | 1,088 | $282 | - |
A 82 Elberta St Sold | $339,900 | 3 | 2 | 1,080 | $315 | 0.5 mi |
B 2717 Hartford Dr Active | $335,000 List Price | 2 | 1 | 1,095 | $306 | 0.3 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 1979 (45 years old) and marketed as an 'Investor Special' selling 'as-is.' While the roof is recently replaced (1 year old), the property has been occupied by the same tenants for over 10 years, suggesting the interior is dated and likely requires cosmetic updates and system checks. The bathroom shows some mid-range tiling updates, but the overall age and listing status align with the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1088.
- Immediate Rental Income
The property features long-term tenants of over 10 years who wish to remain, providing a stable, turn-key cash flow opportunity for investors.
- Recent Capital Improvement
A one-year-old roof significantly reduces the risk of immediate major maintenance costs and enhances the property's overall value.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which implies the buyer will be responsible for any deferred maintenance or necessary upgrades.
- Limited Initial Access
The requirement not to disturb tenants may complicate the initial viewing and due diligence process for prospective buyers.
About 6 Lutie St
Investor Special! Please do not disturb tenants. Month-to-month lease, tenant is willing to stay long term with new ownership. Fantastic opportunity to add a stable, income-producing property to your portfolio. The home is currently occupied by long-term tenants who have lived in the property for over 10 years and would love to renew their lease and continue staying long term, providing immediate and consistent rental income. Hardwood floors throughout. The property also features a one-year old roof and offers strong investment potential. Selling as-is, making it an excellent option for investors seeking a reliable rental property with established tenants already in place. Don’t miss this chance to secure a solid addition to your investment portfolio in Nashville.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,088 | 2,093.129 |
| Lot Size | 12,197 | 10,890 |
| Price | $279.9K | $568.3K |
| Price per sq ft | $257 | $307 |
| Built year | 1979 | 1971 |
| HOA | $0 | $137 |
| Days on market | 30 | 69 |
Pricing History
Listed for Sale
Aug 10, 2026
$279,900
Initial Listing