
Nashville, TN 37209
This Income-Producing Duplex presents a Prime Investment Opportunity with a List Price of $499,900—positioned well below the $624,898 Fair Market Value by 20%. This valuation gap provides $124,998 in Instant Equity for buyers targeting the high-demand Charlotte Park submarket. Currently holding a Fair Condition Rating, the property requires cosmetic updates to realize its $3,000 monthly rental potential. Featuring a quarter-acre lot near Charlotte Park Elementary, this Value-Add Asset is a strategic acquisition for Buy-and-Hold Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6507 Thunderbird Dr Subject | $449,900* List Price | 0 | 0 | 1,638 | $371 | - |
A 431 Basswood Ave Sold | $329,900 List Price | 0 | 0 | 1,550 | 0.8 mi | |
B 442 Wilclay Dr Sold | $470,000 | 0 | 0 | 1,528 | $308 | 0.4 mi |
C 446 Wilclay Dr Sold | $350,000 List Price | 0 | 0 | 1,518 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this duplex is in livable condition but shows significant signs of age and requires cosmetic updates. While the main living areas feature newer laminate flooring, the kitchen contains dated white appliances and older cabinetry. The bathrooms and bedrooms (with worn carpeting) appear functional but outdated. The listing's mention of needing 'TLC' and being sold 'as-is' confirms it fits the fair category, where major components are aged and the aesthetic is consistent with a property that has not seen a full renovation in several decades.
This duplex offers immediate cash flow with one unit already rented and a projected total monthly income of $3,000, making it a solid asset for a rental portfolio.
Situated in the desirable Charlotte Park neighborhood, the property is in a high-demand area with close proximity to schools and local amenities.
The spacious quarter-acre lot and the need for minor cosmetic improvements provide significant upside potential for equity growth and increased rental rates.
The property is being sold as-is and requires 'TLC,' which may necessitate immediate capital expenditure for repairs and modernization.
Built in 1973, the property may have original systems or structural elements that could require costly updates to meet current building standards.
Great investment opportunity in a prime Nashville location! This income-producing duplex sits on a spacious quarter-acre lot, with each unit offering 2 bedrooms and 1 full bath. Unit B is currently rented - both can be rented for $1,500/ month. With a little TLC, this property offers strong upside potential, while remaining livable as-is. Sold as-is, with a motivated seller. Don’t miss this chance to add a solid asset to your portfolio.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 2.9 mi
Grades 5-8 • 2.1 mi
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 | 1,638 | 1,539 | 63% |
| Lot Size | - | - | 50% |
| Price | $449.9K | $379.9K | 50% |
| Price per sq ft | $275 | $286 | 50% |
| Built year | 1973 | 1971 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 337 | 13% |
Apr 19, 2026
$449,900
$499,900
-10% Price Drop
Initial Listing
Mar 11, 2026
$499,900
Initial Listing
Jun 2, 1995
$60,000
Public Record