7 Peachtree, Nashville, TN 37210, Nashville, 37210 - 0 bed, 0 bath
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Nashville, TN 37210
This Residential Income Duplex represents a stable Nashville asset listed at $400,000, aligning closely with its $391,054 Fair Market Value. Currently maintaining a Condition Rating of 4, the 1979 construction offers clear value-add potential through future interior modernization. The property provides immediate cash flow with both units leased and features Separate Utility Meters to minimize owner operating expenses. With HPR Deeded Status on a 56x150 lot in the Woodbine area, it offers significant long-term exit flexibility. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Property is moderate renovation needed.
Built in 1979 with no mention of recent renovations, this property is over 40 years old and likely features original or aged kitchens, bathrooms, and systems. While functional and currently leased, the 'dated construction' note and lack of interior photos suggest the property is maintained but shows significant signs of being outdated and will require modernization.
Both units are currently leased, providing immediate cash flow for investors and eliminating the vacancy risk typically associated with new acquisitions.
The property features two separate water and electric meters, allowing for direct tenant billing and significantly reducing the owner's monthly operating expenses.
Being deeded as a Horizontal Property Regime (HPR) on a 56x150 lot provides valuable flexibility for future resale strategies or potential redevelopment in the growing Woodbine area.
The requirement to submit offers contingent on viewing, coupled with the 'do not walk property' restriction, creates a barrier for thorough pre-offer due diligence.
Built in 1979, the property may require significant capital expenditures for modernization or system upgrades to remain competitive with newer rental inventory in Nashville.
DO NOT WALK PROPERTY OR TALK TO TENANTS!!! Property was built as a duplex and has 2 water meters and 2 electric meters and is deeded as HPR (lot size 56x150). Each unit has a kitchen, living room, 2 bedrooms, 1 bathroom, and laundry hookups in kitchen. Both sides currently leased. Please submit offers contingent on viewing/inspection once accepted offer.
No exterior & parking available.
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 | 1,656 | 1,678 | 50% |
| Lot Size | - | 6,970 | 25% |
| Price | $400.0K | $445.0K | 50% |
| Price per sq ft | $242 | $265 | 50% |
| Built year | 1979 | 1966 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 1786 | 1839 | 50% |
Jun 1, 2021
$400,000
Initial Listing