
Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $381,738 Fair Market Value by 1.76%. This valuation gap offers $6,738 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full structural overhaul, yet its Qualified Opportunity Zone status and excellent alley access provide significant upside for development. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a strategic project in East Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 904 South 14th Street Subject 3 bd · 2 ba · 959 sqft · $396 | $365,000* List Price | 3 | 2 | 959 | $396 | - |
A 1201 Sevier St Active 2 bd · 1 ba · 768 sqft · $488 · 0.3 mi | $375,000 List Price | 2 | 1 | 768 | $488 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and explicitly marketed as a rehab or tear-down candidate. The kitchen is significantly dated with older appliances and basic cabinetry, and the exterior shows signs of deferred maintenance on the foundation. While currently standing, the age and description indicate it needs a full structural and cosmetic overhaul.
The property is ideally situated in the highly desirable Shelby Heights area, offering immediate access to Shelby Park, the greenway, Five Points, and downtown Nashville.
Located within a Qualified Opportunity Zone, this property presents unique potential tax incentives for investors looking to develop or significantly improve the site.
With excellent alley access and a lot size suitable for new construction, the property offers a versatile opportunity for a complete tear-down and build or a full-scale renovation.
The listing suggests the home is a candidate for a tear-down or major rehab, indicating that the existing structure likely requires significant capital expenditure to be habitable.
At only 959 square feet for a 3-bedroom, 2-bathroom home, the living spaces are exceptionally small, which may limit appeal for modern families or traditional buyers.
Amazing East Nashville location, so close to Shelby Park, the greenway and bike lanes, the river, Five Points, the interstate, downtown Nashville, and more! This is the most efficient 954 square feet 3 bed 2 bath house ever! Great house to rehab, or tear down and build new. Tremendous allley access! In a qualified opportunity zone for potential tax benefits. Owner-Agent.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 1.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 959 | 2,045.139 |
| Lot Size | 5,663 | 10,890 |
| Price | $365.0K | $556.0K |
| Price per sq ft | $381 | $305 |
| Built year | 1956 | 1971 |
| HOA | $0 | $133 |
| Days on market | 82 | 70 |
Sep 15, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Aug 17, 2026
$375,000
$389,000
-4% Price Drop
Initial Listing
Aug 8, 2026
$389,000
$400,000
-3% Price Drop
Initial Listing
Aug 3, 2026
$400,000
Initial Listing