
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $204,000—positioned well below the $204,060 Fair Market Value by 0.03%. While the home carries a Condition Rating of 5, its location in a rapidly developing area provides significant upside for redevelopment. The 5,663 sqft lot offers substantial versatility for investors looking to maximize density. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-growth urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 747 22nd Ave N Subject | $204,000* List Price | 1 | 1 | 644 | $320 | - |
A 2519 Herman St Active | $220,000 List Price | 3 | 1 | 780 | $282 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this 100+ year old property is described as a candidate for renovation or redevelopment. While the exterior has been painted, the interior shows dated, budget-grade bathroom fixtures and significant wear, indicating the home requires a full rehab to address aging systems and structural standards.
Situated in the rapidly developing North Nashville area with close proximity to Downtown, offering high desirability and long-term appreciation potential.
The property presents multiple exit strategies, including rental income, a full renovation project, or complete redevelopment on a 5,663 sqft lot.
Priced at $204,000, this listing offers an accessible entry point into the Nashville market for investors or first-time developers.
With only 644 square feet and a 1-bedroom layout, the property’s small footprint significantly limits its appeal to larger households or families.
Originally built in 1920, the structure likely requires substantial capital expenditure for modern updates, systems replacement, and structural maintenance.
This 1-bedroom, 1-bath home offers great potential for rental income, renovation, or future redevelopment in rapidly developing North Nashville area. Conveniently located near Downtown Nashville.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 644 | - |
| Lot Size | 5,663 | - |
| Price | $204.0K | $556.8K |
| Price per sq ft | $317 | $306 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 46 | 484 |
Jun 7, 2026
$204,000
Initial Listing