
Nashville, TN 37209
This duplex presents a Strong Value Opportunity with a List Price of $475,000—positioned well below the $478,741 Fair Market Value by 0.78%. This valuation gap offers $3,741 in Instant Equity. Featuring a Poor Condition Rating due to its 1980 build and dated interiors, the property serves as a prime House Hack asset. Located directly across from Charlotte Park with private fenced yards, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income from the rear unit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 616 Eastboro Dr Subject 0 bd · 0 ba · 1,500 sqft · $319 | $475,000* List Price | 0 | 0 | 1,500 | $319 | - |
A 531 Eastboro Dr Active 0 bd · 0 ba · 1,189 sqft · $353 · 0.1 mi | $420,000 List Price | 0 | 0 | 1,189 | $353 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1980 (44 years old) and lacks evidence of recent renovations. While the hardwood floors appear maintained, the bathroom features a dated blue fiberglass surround and the interior shows popcorn ceilings, meeting the criteria for 'Poor' due to age (>30 years) and the need for a full rehab to update systems and aesthetics.
Situated directly across from the Charlotte Park entrance, this property offers residents immediate access to expansive green space and recreational amenities, significantly boosting tenant appeal.
The vacant front unit allows for an owner-occupant to move in immediately or secure a new tenant at market rates, while the long-term tenant in the rear provides instant cash flow.
Unlike many multi-family units, both residences feature fenced yards, with the rear unit offering a covered patio, providing desirable private outdoor living space for both occupants.
The lack of photos for the rear unit and the presence of a long-term tenant suggest potential deferred maintenance or the need for future cosmetic updates to bring the space to modern standards.
The property is zoned for schools with lower performance ratings (2-3 range), which may limit the pool of prospective long-term family tenants and impact future appreciation.
Duplex in Charlotte Park directly across the street from the entrance to the Park. Front unit is vacant, rear unit has been rented to the same tenant for many years. This is a great place for someone to move into the front unit and have immediate rental income coming in. Each unit is two bedroom and one bath. At this time we only have pictures of the front vacant unit. The front unit has a very small fenced in area with room to fence the front yard. The rear unit has a nice sized fenced in yard and also has a covered patio.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades PK-4 • 1.3 mi
Grades 5-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,500 | 1,967.444 |
| Lot Size | - | - |
| Price | $475.0K | $455.6K |
| Price per sq ft | $317 | $238 |
| Built year | 1980 | 1964 |
| HOA | $0 | $0 |
| Days on market | 38 | 82 |
Sep 16, 2026
$475,000
Initial Listing
Feb 27, 1995
$65,000
Public Record