703 Douglas Ave, Nashville, TN 37207, Nashville, 37207 - 2 bed, 1 bath
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703 Douglas Ave
Nashville, TN 37207
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
768Sq Ft
7,841Lot Size
Property Price
LIST PRICE$349,900
SUMMARY
Exceptional opportunity in East Nashville’s rapidly growing Highland Heights neighborhood! Situated on a generous lot, 703 Douglas is being offered for land value or a complete rehab and is the perfect canvas for a custom dream home or high-end spec build. The property is eligible for a Detached Accessory Dwelling Unit (DADU), creating additional potential for guest quarters, rental income, or expanded living space. Surrounded by new construction homes selling from the high six figures into the $1M+ range, this street continues to see strong redevelopment and appreciation. Minutes from downtown Nashville, top restaurants, coffee shops, breweries, and all the energy East Nashville is known for. Whether you’re a builder, investor, or homeowner looking to create something special, this is a rare chance to secure a prime lot in one of Nashville’s most desirable urban neighborhoods.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1950 (>50 years old) with no signs of recent renovation. The MLS description explicitly states the property is being offered for land value or a complete rehab, and the images confirm a severely dated and deteriorated exterior and bathroom.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 768.
- Development Potential
The property is eligible for a Detached Accessory Dwelling Unit (DADU), providing a rare opportunity for rental income, guest quarters, or increased living space.
- High-Growth Location
Situated in the rapidly appreciating Highland Heights neighborhood, the site is surrounded by new construction homes selling for $700k to over $1M, ensuring strong equity potential.
CONSRISKS & DEFICIENCIES
- Significant Capital Requirement
Sold for land value or as a complete rehab, the property requires a total overhaul or demolition, necessitating substantial additional investment beyond the purchase price.
- Underperforming School District
The assigned middle and high schools carry low ratings (2/10), which may limit the property's appeal to families prioritizing the local public school system.
About 703 Douglas Ave
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Shwab Elementary School
Grades PK-4 • 0.9 mi
6/10
Tom Joy Elementary School
Grades PK-4 • 1.0 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 1.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 768 | 2,045.139 |
| Lot Size | 7,841 | 10,890 |
| Price | $349.9K | $556.0K |
| Price per sq ft | $456 | $305 |
| Built year | 1950 | 1971 |
| HOA | $0 | $133 |
| Days on market | 34 | 70 |
Pricing History
Listed for Sale
Sep 20, 2026
$349,900
Initial Listing