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$299,900
EST. MARKET VALUE
$277,141
8% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $299,900—positioned well below the $277,142 Fair Market Value by -8%. While the property carries a Condition Rating of 5, indicating necessary structural and moisture-related repairs, the vacant duplex configuration (2/1 and 1/1) provides immediate rental income potential. This Residential Income Asset is best suited for Buy-and-Hold Investors or experienced contractors capable of executing a value-add renovation to stabilize the asset and maximize long-term yield in the Nashville market.
Estimated Market Value
$277,141
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 sold 'As-Is,' the property shows significant interior distress including major drywall peeling and ceiling cracks in the bathroom, indicating potential moisture or structural issues that require rehab beyond minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Value
Priced competitively under $300k in the Nashville market, this duplex offers a rare entry-level investment opportunity with significant upside potential for rental yield.
- Turnkey Features
The property is reported to be in very good condition and comes fully equipped with all kitchen appliances and laundry units in both suites, reducing immediate capital expenditure.
- Immediate Income Potential
The vacant duplex configuration, featuring 2/1 and 1/1 units, allows for immediate occupancy and dual-stream rental income without the need for initial renovations.
CONSRISKS & DEFICIENCIES
- As-Is Sale Restriction
The property is being sold in 'As-Is' condition, which may limit traditional financing options and requires the buyer to assume all responsibility for any latent repairs.
- Low School Ratings
The assigned middle and high schools have low performance ratings (3/10 and 1/10), which could impact the long-term desirability for tenants with school-aged children.
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 | 1,688.769 |
| Lot Size | - | - |
| Price | $299.9K | $430.8K |
| Price per sq ft | $215 | $248 |
| Built year | 1950 | 1963 |
| HOA | $0 | $0 |
| Days on market | 8 | 75 |
Pricing History
Listed for Sale
Sep 1, 2026
$299,900
Initial Listing