
Nashville, TN 37221
This Legal Non-Conforming Duplex is a Strong Value Opportunity, listed at $375,000—positioned well below the $398,676 Fair Market Value by 5%. This valuation gap offers $23,676 in Instant Equity. With a Condition Rating of 3, the property features a new 2022 roof and updated systems, providing a stable foundation for income generation. Its 0.35-acre cul-de-sac lot and separate utility metering make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies to offset housing costs.
Property is move-in ready.
Despite the 1970 build date, the property is well-maintained with significant recent capital improvements including a new roof (2022), updated HVAC, electrical, and plumbing systems. The kitchen and bathrooms are functional and move-in ready, featuring mid-range updates like tile backsplashes and slate flooring, though some cosmetic elements like carpets and paint show age.
As a confirmed legal non-conforming duplex, this property offers exceptional flexibility for house-hacking with low down payment financing (5% down) or as a high-yield rental with separate meters already in place.
The property has been meticulously maintained with a new roof (2022), updated electrical, modernized HVAC systems, and foundation improvements, significantly reducing the risk of immediate capital expenditures.
Situated on a generous 0.35-acre cul-de-sac lot in the rapidly growing Bellevue area, the property provides a private setting with convenient access to I-40, shopping, and downtown Nashville.
The 'legal non-conforming' status and current commercial tax rate require the buyer to navigate administrative processes to revert to a residential rate and ensure long-term zoning compliance.
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores (3/10), which may impact the property's appeal to long-term family occupants.
RARE OPPORTUNITY TO OWN A CONFIRMED LEGAL NON-CONFORMING DUPLEX IN THE HEART OF BELLEVUE. 0.35-ACRE CUL-DE-SAC LOT, EXCEPTIONAL FLEXIBILITY FOR INVESTORS, OWNER-OCCUPANTS, MULTI-GENERATIONAL LIVING, OR BUYERS SEEKING FUTURE POSSIBILITIES. ELIGIBLE OWNER-OCCUPANTS MAY QUALIFY FOR FINANCING REQUIRING AS LITTLE AS 5% DOWN ON MULTIFAMILY PROPERTIES, MAKING IT POSSIBLE TO LIVE IN ONE UNIT WHILE LEASING THE OTHER TO HELP OFFSET HOUSING COSTS. Current tax rate based on Commercial Use. Can easily be changed to residential rate THE APPROXIMATELY 2,050-SQUARE-FOOT DUPLEX FEATURES A 3-BR, 1-BA UNIT AND A 2-BR, 2-BA UNIT, PLUS AN APPROXIMATELY 825-SQUARE-FOOT TWO-CAR BASEMENT GARAGE, CIRCULAR DRIVEWAY, SPACIOUS BACKYARD, AND A 13' X 14' DECK. BOTH UNITS OFFER ABUNDANT NATURAL LIGHT, CEILING FANS, GENEROUS CLOSET SPACE, AND ADDITIONAL BASEMENT STORAGE. SEPARATE W/D HOOKUPS AND WATER AND ELECTRIC METERS ARE ALREADY IN PLACE FOR EACH UNIT. THE PROPERTY HAS BEEN EXCEPTIONALLY MAINTAINED WITH NUMEROUS IMPROVEMENTS, INCLUDING ELECTRONIC GARAGE DOORS, UPDATED ELECTRICAL, HEAT PUMPS, FOUNDATION IMPROVEMENTS, UPDATED DUCTWORK, REPLACEMENT INTAKE AND DRAINAGE PLUMBING, WATER HEATERS, SLATE FLOORING IN APARTMENT A, AND A NEW ROOF INSTALLED IN 2022 WITH A TRANSFERABLE WARRANTY. ANNUAL TERMITE INSPECTIONS HAVE BEEN COMPLETED FROM 2008 THROUGH 2025, AND HVAC SYSTEMS HAVE BEEN PROFESSIONALLY SERVICED EVERY SPRING AND FALL SINCE 2008. THE PROPERTY IS CURRENTLY VACANT, ALLOWING IMMEDIATE OCCUPANCY, RENOVATION, OR TENANT PLACEMENT. THE UNITS HAVE HISTORICALLY BEEN RENTED BELOW CURRENT MARKET RATES, OFFERING EXCELLENT RENTAL INCOME POTENTIAL. LOCATED IN ONE OF BELLEVUE'S MOST DESIRABLE AND RAPIDLY GROWING AREAS, THE PROPERTY IS SURROUNDED BY NEW DEVELOPMENT AND IS CONVENIENT TO SHOPPING, DINING, PARKS, SCHOOLS, I-40, AND DOWNTOWN NASHVILLE. BUYER TO VERIFY ALL PERTINENT INFORMATION, INCLUDING SQUARE FOOTAGE, SCHOOLS, ZONING, FLOOD INSURANCE REQUIREMENTS, AND ANY FUTURE DEVELOPMENT POTENTIAL.
No exterior & parking available.
Grades K-4 • 2.0 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,050 | - |
| Lot Size | - | - |
| Price | $375.0K | $567.9K |
| Price per sq ft | $183 | $237 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 1239 |
Jun 22, 2026
$375,000
Initial Listing