
Nashville, TN 37203
Fantastic investor / developer opportunity. This 12-South area home is ready for a complete rehab - or tear down and build one or two new homes. Zoned R8. Lot has street and alley access. Lot dimensions are roughly 61 wide by 251 long. HPRs have recently sold on Acklen Ave and in the surrounding area in the $1.3-$1.5M range.
Property is land value only, full reconstruction required.
Built in 1971 (53+ years old) with no evidence of renovations. The listing explicitly markets the property as a 'tear down' or 'complete rehab' opportunity for developers, emphasizing the land value and R8 zoning for new construction rather than the existing structure's condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 972.
Elementary School: Glendale Elementary School (9/10).
Zoned R8 on a deep 0.32-acre lot with alley access, this property is perfectly positioned for a two-home HPR development in a high-demand Nashville submarket.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing 1971 structure requires a complete rehab or total demolition, necessitating significant additional investment beyond the $570,000 acquisition price.
With the exception of Glendale Elementary, the assigned middle and high schools carry low ratings (2-5), which may limit the appeal for families looking for long-term primary residences.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 0.8 mi
Grades PK-4 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 972 | 2,045.139 |
| Lot Size | 13,939 | 10,890 |
| Price | $570.0K | $556.0K |
| Price per sq ft | $586 | $305 |
| Built year | 1971 | 1971 |
| HOA | $0 | $133 |
| Days on market | 50 | 70 |
Sep 4, 2026
$570,000
Initial Listing