
Nashville, TN 37209
This Prime Investment Opportunity features a List Price of $279,900, positioned accurately alongside its $276,881 Fair Market Value. Located in the high-growth West Nashville Heights subdivision, this 1940s Residential Asset currently holds a Condition Rating of 6, indicating that the primary value lies in the level lot and redevelopment potential. The property offers a strategic entry point into the 37209 zip code for those looking to execute a rebuild or major renovation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-demand Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6010 Obrien Ave Subject | $279,900* List Price | 3 | 1 | 1,400 | $198 | - |
A 5820 Leslie Ave Sold | $225,000 | 3 | 1 | 1,055 | $213 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1940 (84 years old) with no mention of renovations; the listing explicitly suggests a 'rebuild' and 'investment opportunity' in a rapidly growing area, indicating the value is primarily in the land.
Situated in the rapidly appreciating West Nashville Heights area, the property offers excellent proximity to downtown Nashville, major interstates, and local amenities.
The level lot and existing structure provide a flexible canvas for investors or builders looking to renovate, generate rental income, or execute a complete custom rebuild.
Priced under $300k in the desirable 37209 zip code, this property represents a high-value entry point into a high-demand market with significant upside potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The property is sold in as-is condition, signaling that substantial capital investment will be required to address deferred maintenance or modernize the 1940s structure.
The current 3-bedroom, 1-bathroom configuration is outdated for modern buyer expectations, likely requiring a layout reconfiguration to add a second bathroom.
Prime investment opportunity in a rapidly growing area of Nashville! This property offers incredible potential for renovation, rebuild or rental income. Situated on a level lot with an existing structure in place, this home is ready for your vision and transformation. Conveniently located just minutes from downtown Nashville, with quick access to major interstates, shopping, dining, and everyday conveniences. Whether you're an investor, builder, or buyer looking to create something custom, this is your chance to secure a property in an appreciating location. Sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,400 | 1,658.5 | 35% |
| Lot Size | 6,098 | 7,405 | 32% |
| Price | $279.9K | $468.8K | 25% |
| Price per sq ft | $200 | $327 | 25% |
| Built year | 1940 | 1956 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 840 | 1% |
Apr 17, 2026
$279,900
Initial Listing