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$289,900
EST. MARKET VALUE
$274,364
5% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $289,900—positioned well below the $274,365 Fair Market Value by -5%. As a Residential Income Asset, this duplex features a versatile 2/1 and 1/1 layout with included appliances, reducing initial capital expenditures. Given the Condition Rating of 5, the property requires strategic interior rehab to address moisture and cosmetic deterioration. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-demand rental market.
Estimated Market Value
$274,364
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 Rowan Dr Subject 0 bd · 0 ba · 1,397 sqft · $196 | $289,900* List Price | 0 | 0 | 1,397 | $196 | - |
A 2504 Highland Trace Dr Active 0 bd · 0 ba · 1,664 sqft · $222 · 0.4 mi | $369,900 List Price | 0 | 0 | 1,664 | $222 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 (74 years old). While the exterior siding and bathroom tile appear to be recent updates, the bathroom shows significant peeling paint and potential moisture damage on the walls and ceiling. The 'Investor Opportunity' and 'As-Is' status, combined with the age and visible interior deterioration, indicate a need for rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Rental Potential
Both units come fully equipped with kitchen appliances and washer/dryer sets, significantly reducing initial capital expenditures for an incoming investor.
- Dual-Income Configuration
The property features a versatile 2/1 and 1/1 duplex layout, providing multiple revenue streams and hedging against vacancy risks in a high-demand market.
- Attractive Price Point
Listed at $289,900, this property offers a rare entry-level investment opportunity for a multi-unit residential income property within the Nashville area.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold in as-is condition, which may limit financing options and requires the buyer to assume all responsibility for potential repairs.
- Low School Ratings
The assigned public schools have low performance ratings, which could limit the appeal to a broader tenant demographic 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
- Residential Income
- 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 | 1,967.444 |
| Lot Size | - | - |
| Price | $289.9K | $455.6K |
| Price per sq ft | $208 | $238 |
| Built year | 1950 | 1964 |
| HOA | $0 | $0 |
| Days on market | 15 | 82 |
Pricing History
Listed for Sale
Oct 9, 2026
$289,900
Initial Listing