933A Spain Ave, Nashville, TN 37216, Nashville, 37216 - 3 bed, 3 bath
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933A Spain Ave
Nashville, TN 37216
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,583Sq Ft
1,307Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$435,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $435,000, which aligns with the current $435,000 Fair Market Value. While the home maintains a Condition Rating of 4, the "AS-IS" status and need for TLC provide a clear path for value-add renovations. Featuring a versatile 3-bed, 2.5-bath layout with a large basement and off-street parking, this asset is optimized for rental income. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to house-hack in a desirable Nashville community.
Estimated Market Value
$435,000
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 933A Spain Ave Subject | $435,000* List Price | 3 | 3 | 1,583 | $275 | - |
A 916A Thomas Ave Active | $500,000 List Price | 3 | 3 | 1,500 | $333 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the interior shows recent cosmetic updates such as new LVP flooring, fresh paint, and modern fixtures, the 1930 build date and the listing's 'AS-IS' status with a 'needs TLC' disclaimer suggest underlying age-related issues. The presence of a window AC unit in the photos further indicates that the primary HVAC system may be dated or insufficient for the square footage.
PROSSTRENGTHS & OPPORTUNITIES
- Investment and Rental Potential
The property features a versatile layout with significant flex space and a history of successful multi-tenant occupancy, making it an excellent option for house-hacking or as a high-yield rental investment.
- Historic Character and Charm
Built in 1930, this cottage offers authentic architectural charm in a desirable Nashville neighborhood known for its strong community spirit and established residential appeal.
- Functional Utility
Unlike many older cottages, this home provides practical amenities including a large basement for storage, off-street parking, and a private, fully fenced backyard.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1307, living area = 1583.
- Required Capital Improvements
The home is being sold in 'as-is' condition and explicitly requires 'TLC,' indicating that buyers will need to budget for immediate repairs and modernization costs.
- Minimal Lot Size
With a lot size of only 1,307 square feet, the property offers very limited outdoor space, which may be a significant drawback for buyers seeking a traditional yard or expansion possibilities.
About 933A Spain Ave
Super charming cottage in a fantastic location. Would make a great starter-home or rental property. Lot's of flex space in this 3 bed 2.5 baths, set up is great for roommates and was previously rented to 3 tenants. Back yard is small but private and fenced! Off-street parking, large basement and the street had great neighbors and community spirit. Home needs some TLC- selling AS-IS but we welcome inspections.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,583 | 2,093.129 |
| Lot Size | 1,307 | 10,890 |
| Price | $435.0K | $568.3K |
| Price per sq ft | $275 | $307 |
| Built year | 1930 | 1971 |
| HOA | $0 | $137 |
| Days on market | 146 | 69 |
Pricing History
Listed for Sale
Jun 30, 2026
$435,000
$450,000
-3% Price Drop
Initial Listing
Price Change
May 6, 2026
$450,000
$475,000
-5% Price Drop
Initial Listing
Price Change
Apr 16, 2026
$475,000
Initial Listing