
Nashville, TN 37208
This Development-Ready Asset presents a High-Potential Investment Opportunity with a List Price of $624,900—positioned well below the $646,145 Fair Market Value by 3%. This valuation gap offers $21,245 in Instant Equity for buyers prepared to address its Uninhabitable Condition Rating. Situated on a Corner Lot in the 37208 zip code near downtown Nashville, the property is zoned for Buena Vista Elementary and Pearl Cohn High School. It is a high-upside acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Morrison St Subject | $624,900* List Price | 4 | 3 | 2,833 | $228 | - |
A 1511 9th Ave N Sold | $449,900 List Price | 3 | 2 | 1,702 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1920, this property is explicitly marketed as a 'tear down / rebuild' or 'total renovation' project. The listing describes the home as partially gutted and uninhabitable, and the provided images show a neglected interior with detached fixtures and debris, indicating the structure is currently unlivable and its value lies primarily in the land and redevelopment potential.
Situated in the 37208 zip code with close proximity to downtown Nashville, this property offers an exceptional location for commuters and those seeking an urban lifestyle.
The property is positioned on a corner lot, providing enhanced curb appeal, better natural light potential, and greater architectural flexibility for a new build or renovation.
As a partially gutted structure with 'endless potential,' the property serves as a blank canvas for investors looking to execute a total renovation or a complete tear-down and rebuild.
The home is currently in a non-habitable state and requires significant capital investment for a total overhaul, making it unsuitable for traditional financing or immediate occupancy.
The assigned public schools for this address have low ratings (ranging from 2 to 4), which may be a deterrent for families and could impact future resale value.
This home is so close to downtown Nashville! Located on a corner lot! Home is partially gutted; the potential is endless! Tear down / Rebuild / Total Renovation.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,833 | 1,387 | 92% |
| Lot Size | 5,663 | 6,098 | 47% |
| Price | $624.9K | $350.0K | 84% |
| Price per sq ft | $221 | $276 | 33% |
| Built year | 1920 | 1955 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 697 | 1% |
Feb 23, 2026
$624,900
Initial Listing