608 Hapwood Dr, Nashville, TN 37205, Nashville, 37205 - 0 bed, 0 bath
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Nashville, TN 37205
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $600,000, aligning perfectly with its $600,000 Fair Market Value. While priced at market, the asset's value is driven by its Commercial Services (CS) Zoning and the inclusion of two separate parcels, offering rare scalability for high-density redevelopment. Currently holding a Condition Rating of 6, the property is a prime tear-down candidate positioned for maximum ROI. This strategic site near the I-40 corridor is an ideal acquisition for Real Estate Developers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 Hapwood Dr Subject | $550,000* List Price | 0 | 0 | 1,920 | $313 | - |
A 936 Davidson Dr Sold | $600,000 List Price | 0 | 0 | 2,068 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1974 (52 years old) with no evidence of recent renovations. The listing explicitly markets the property as a 'true land-value opportunity' and suggests a 'complete tear-down' for redevelopment. The exterior shows significant weathering and the description focuses on zoning and site potential rather than the condition of the existing structure.
The CS zoning provides exceptional flexibility for developers, allowing for potential high-density residential or commercial use that far exceeds the value of a standard duplex.
The inclusion of two separate parcels offers a larger combined footprint, maximizing the site's redevelopment potential and providing significant scalability for future projects.
Positioned near the I-40 corridor and Charlotte Pike, the property offers excellent connectivity and proximity to major shopping and dining, ensuring strong long-term tenant demand.
As a land-value or tear-down opportunity, the property requires a substantial upfront investment for either a total renovation or new construction to realize its full potential.
Any plans for higher-density residential use or multi-unit development are subject to municipal approvals, which can introduce timing delays and regulatory uncertainty.
Sale includes both Parcel 102-13-0-012.00 (lot size 208 x 132) and Parcel 102-14-0-008.00(lot size 120 x 74). Positioned for maximum upside, this duplex property is a true land-value opportunity in a highly desirable CS-zoned corridor. Whether you are considering a renovation or a complete tear-down, this property is ideal for investors or developers looking to reimagine the site and unlock its full potential. Located just minutes from I-40 access and the wide variety of amenities along Charlotte Pike, the property offers exceptional connectivity while remaining conveniently close to shopping, dining, and everyday conveniences—an increasingly rare combination that supports strong tenant demand and long-term appreciation. With Commercial Services (CS) zoning already in place, the possibilities extend beyond a traditional remodel. Whether you choose to restore the existing duplex, redevelop for higher-density residential use, or explore the addition of multiple duplex units, subject to approvals, this site is primed for a value-add or ground-up development strategy. Surrounded by growth and convenience, this is an opportunity to capitalize on location, zoning flexibility, and future scalability.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,920 | 2,030 | 50% |
| Lot Size | - | - | 50% |
| Price | $550.0K | $712.5K | 50% |
| Price per sq ft | $286 | $348 | 50% |
| Built year | 1974 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 1345 | 50% |
May 20, 2026
$550,000
$600,000
-8% Price Drop
Initial Listing
Apr 16, 2026
$600,000
Initial Listing