
Nashville, TN 37210
This property presents a High-Potential Investment Opportunity with a List Price of $377,900, which aligns with the current $377,900 Fair Market Value. As a purpose-built duplex with separate water and electric meters, this Residential Income Asset is optimized for immediate rental performance. Given the Fair Condition Rating and the need for interior updates, the property is best suited for Buy-and-Hold Investors or Value-Add Developers. Its strategic location in the Woodbine area offers strong rental demand, making it a stable acquisition for those prepared to manage deferred maintenance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Peachtree Subject 0 bd · 0 ba · 1,656 sqft · $228 | $377,900* List Price | 0 | 0 | 1,656 | $228 | - |
A 2536 Glenrose Ave Active 0 bd · 0 ba · 1,518 sqft · $254 · 0.2 mi | $384,900 List Price | 0 | 0 | 1,518 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979, this property is over 45 years old with no listed updates or renovations to the kitchens, bathrooms, or mechanical systems. The long days on market (1,946 days) and tenant-occupied, sight-unseen listing status strongly suggest deferred maintenance and the need for significant rehab.
As a purpose-built duplex with separate water and electric meters for each unit, the property is optimized for immediate rental income and simplified utility management.
Situated in the Woodbine subdivision of Nashville, the property benefits from being in a high-demand area for renters with close proximity to downtown.
The property features no association fees and is deeded as an HPR on a generous lot, offering investors lower monthly overhead compared to similar multi-family assets.
With over 1,900 days on the market, the listing's prolonged active status may indicate underlying issues with pricing, condition, or title that require thorough investigation.
The restriction against walking the property or speaking to tenants prior to an accepted offer creates a significant barrier for buyers to perform physical due diligence.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,656 | 1,967.444 |
| Lot Size | - | - |
| Price | $377.9K | $455.6K |
| Price per sq ft | $228 | $238 |
| Built year | 1979 | 1964 |
| HOA | $0 | $0 |
| Days on market | 1971 | 82 |
Jun 1, 2021
$377,900
Initial Listing