
Nashville, TN 37210
This Income-Producing Residential Asset is listed at $299,000, representing a stable entry point near its $293,035 Fair Market Value. Marketed as an "Investor Special," the property offers immediate and consistent cash flow from long-term tenants of over 10 years who wish to remain. While maintaining a Condition Rating of 4, the home features a one-year-old roof and hardwood floors, significantly reducing near-term capital expenditures. With a large 12,197 sqft lot in Nashville’s 37210 area, this is a low-risk acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a reliable rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Lutie St Subject | $299,000* List Price | 3 | 2 | 1,088 | $269 | - |
A 2705 Live Oak Rd Sold | $290,000 | 3 | 2 | 1,246 | $233 | 0.3 mi |
B 109 Elberta St Sold | $240,000 | 3 | 1 | 970 | $247 | 0.6 mi |
C 2814 Live Oak Rd Sold | $380,000 | 2 | 2 | 1,067 | $356 | 0.5 mi |
D 75 Elberta St Active | $359,900 List Price | 3 | 1 | 1,196 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is functional and currently tenant-occupied, but is marketed as an 'Investor Special' and sold 'as-is,' indicating it is aged and likely requires minor updates. While it benefits from a new roof and hardwood floors, the bathroom features older fixtures and DIY-quality finishes. It meets the 'fair' criteria as a 40+ year old home that has been maintained through regular upkeep but remains largely outdated.
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.
The property features long-term tenants of over 10 years who wish to remain, providing an investor with instant and stable cash flow from day one.
A one-year-old roof significantly reduces near-term capital expenditure risks and provides peace of mind regarding the home's structural integrity.
The property is being sold as-is, which may require the buyer to account for deferred maintenance or necessary repairs typical of a 1979 build.
The 'do not disturb tenants' requirement and investor-focused listing may limit initial viewing opportunities and complicate the traditional due diligence process.
Investor Special! Please do not disturb tenants. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,088 | 1,290 | 38% |
| Lot Size | 12,197 | 11,326 | 53% |
| Price | $299.0K | $377.5K | 38% |
| Price per sq ft | $275 | $295 | 45% |
| Built year | 1979 | 1951 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 436 | 3% |
Mar 14, 2026
$299,000
Initial Listing