7435 George Gaines Rd, Nashville, TN 37221, Nashville, 37221 - 0 bed, 0 bath
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Nashville, TN 37221
This Residential Income Duplex in the established Harpeth Estates subdivision is listed at $400,000, positioned near its $379,949 Fair Market Value. Currently holding a Condition Rating of 4, the property features recent cosmetic updates like luxury vinyl plank flooring and fresh paint in the vacant unit, though the 1970s systems offer future Value-Add potential. The absence of HOA fees and the requirement for a 1031 Exchange define this as a professional-grade asset with immediate cash flow. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7435 George Gaines Rd Subject | $400,000* List Price | 0 | 0 | 1,625 | $234 | - |
A 7480 Highway 70 S Active | $449,000 List Price | 0 | 0 | 2,190 | $205 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this duplex shows a mix of original features and recent cosmetic updates. The interior features newer luxury vinyl plank flooring and fresh paint, suggesting the vacant unit is move-in ready. However, the exterior brickwork, older window units, and 50+ year age of the structure indicate that while the property is maintained, major systems and components are likely reaching the end of their functional lifespan and show signs of being outdated.
As a duplex with one vacant unit and one occupied unit, this property offers immediate cash flow alongside the opportunity to lease the vacant side at current market rates.
The absence of an association fee (HOA) maximizes the net operating income for investors and provides more freedom regarding property management.
Located in the Harpeth Estates subdivision of Nashville, the property is situated in a stable, high-demand area known for its long-term residential appeal.
Built in 1970, the property may require significant capital expenditures for modernizing major systems or cosmetic updates to maintain its value.
The requirement for a 1031 Exchange by the seller may introduce specific timing constraints and contingencies that could complicate the closing process.
Owner needs to do 1031 Exchange with this property. Lock box on left side of building on the gas meter. Left unit is vacant. Do not disturb the tenant on the right side.
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 | 1,625 | 1,092 | 67% |
| Lot Size | - | 436 | 33% |
| Price | $400.0K | $0 | 67% |
| Price per sq ft | $246 | $0 | 67% |
| Built year | 1970 | 1972 | 33% |
| HOA | $0 | $45 | 33% |
| Days on market | 12 | 1783 | 33% |
Apr 10, 2026
$400,000
Initial Listing