933A Spain Ave, Nashville, TN 37216, Nashville, 37216 - 3 bed, 3 bath
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933A Spain Ave
Nashville, TN 37216
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,583Sq Ft
1,307Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$399,900
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,900, which is aligned with the $399,900 Fair Market Value. Featuring a 3-bedroom, 2.5-bath layout with significant flex space, the home is currently in a Fair Condition Rating and sold AS-IS, requiring TLC to maximize its rental yield. The inclusion of a large basement and off-street parking provides rare utility for a 1930s cottage. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$399,900
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 3 bd · 3 ba · 1,583 sqft · $253 | $399,900* List Price | 3 | 3 | 1,583 | $253 | - |
A 1006 Spain Ave Active 3 bd · 3 ba · 1,536 sqft · $322 · 0.1 mi | $495,000 List Price | 3 | 3 | 1,536 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1930 but features a clear cosmetic renovation within the last 5-15 years, including updated flooring throughout, a modernized kitchen with stainless steel appliances, subway tile backsplash, and updated cabinetry. While the listing notes it is sold AS-IS and needs some TLC, the visible living areas appear functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Rental & Roommate Potential
The 3-bedroom, 2.5-bath layout with significant flex space is perfectly configured for roommates or as a high-yield investment property.
- Functional Storage & Parking
The inclusion of a large basement and dedicated off-street parking provides exceptional utility and storage rarely found in 1930s cottages.
- Prime Location & Community
Located in a fantastic Nashville neighborhood, the property benefits from a strong sense of community spirit and a highly desirable residential setting.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The home is being sold in 'as-is' condition and requires TLC, which will necessitate immediate additional investment for repairs and modernization.
- Limited Lot Size
With a very small lot size of 1,307 square feet, the outdoor space is minimal, potentially deterring buyers who prioritize large yards or gardening.
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
- Condominium
- 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 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,583 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $399.9K | $347.6K |
| Price per sq ft | $253 | $343 |
| Built year | 1930 | 2007 |
| HOA | $0 | $334 |
| Days on market | 191 | 92 |
Pricing History
Listed for Sale
Apr 16, 2026
$399,900
Initial Listing