640 Rowan Dr, Nashville, TN 37207, Nashville, 37207 - 0 bed, 0 bath
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640 Rowan Dr
Nashville, TN 37207
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,397Sq Ft
0Lot Size
Property Price
LIST PRICE$314,900
EST. MARKET VALUE
$282,077
11% AboveMARKET VALUE
SUMMARY
This vacant duplex presents a High-Potential Investment Opportunity with a List Price of $329,900—positioned above the $286,977 Fair Market Value by 14%. While the property requires attention due to its Condition Rating of 5, it offers immediate utility with all kitchen appliances and laundry units included. The 2/1 and 1/1 unit configuration provides a clear path for rental income or house-hacking. This asset is best suited for Buy-and-Hold Investors or experienced renovators capable of addressing moisture-related repairs to stabilize the asset.
Estimated Market Value
$282,077
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 and marketed as an 'Investor Opportunity' sold 'As-Is.' While the exterior and bathroom vanity show some updates, the bathroom photo reveals significant peeling paint and ceiling damage, suggesting moisture issues or long-term neglect that requires rehab beyond minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
Despite being marketed as an investor opportunity, the property is in very good condition and includes all kitchen appliances and washer/dryer units in both suites, significantly reducing initial capital expenditure.
- Immediate Income Potential
The vacant duplex configuration (2/1 and 1/1 units) allows for immediate tenant placement or a house-hacking strategy without the delays of renovations or existing lease expirations.
- Competitive Market Pricing
Listed at $329,900, this property offers a rare, well-priced entry point into the Nashville multi-family market, providing high value for residential income seekers.
CONSRISKS & DEFICIENCIES
- As-Is Sale Risk
The property is sold strictly in 'As-Is' condition, which shifts the burden of any potential structural or system repairs to the buyer, a notable consideration for a 1950s-era build.
- Low School Ratings
The assigned public schools have low performance ratings, particularly the high school at 1/10, which may limit the property's appeal to family-oriented tenants and impact long-term appreciation.
About 640 Rowan Dr
INVESTOR OPPORTUNITY!!!! Vacant Duplex - 2/1 and 1/1. Sold AS IS but in very good condition! Each unit has all kitchen appliances and washer/dryler! The Seller is an investor who did not use it for rental income. Very well priced - opportunities like this don't come around very often!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1950
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Robert E. Lilliard @ Kings Lane Design Center
Grades K-4 • 1.0 mi
4/10
Joelton Middle School
Grades 5-8 • 6.9 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 3.7 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,397 | 1,788 |
| Lot Size | - | - |
| Price | $314.9K | $509.6K |
| Price per sq ft | $225 | $267 |
| Built year | 1950 | 1961 |
| HOA | $0 | $0 |
| Days on market | 32 | 99 |
Pricing History
Listed for Sale
Aug 15, 2026
$314,900
$329,900
-5% Price Drop
Initial Listing
Price Change
Jul 26, 2026
$329,900
Initial Listing