952A Strouse Ave, Nashville, TN 37206, Nashville, 37206 - 0 bed, 0 bath
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952A Strouse Ave
Nashville, TN 37206
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,800Sq Ft
0Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$904,568
6% BelowMARKET VALUE
SUMMARY
This four-unit residential building presents a Strong Value Opportunity with a List Price of $850,000—positioned well below the $904,569 Fair Market Value by 6%. This valuation gap offers $54,569 in Instant Equity. Featuring a Condition Rating of 3, the property is move-in ready with recent updates, yet offers significant upside through further renovations. Located in a high-demand area adjacent to a 19-acre redevelopment, this is an ideal Buy-and-Hold Investor asset for Value-Add Investors seeking immediate rental income.
Estimated Market Value
$904,568+$54,568 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building was originally constructed in 1960, it has been recently updated with fresh paint and new laminate flooring, making it move-in ready and functional. The interior appears well-maintained, though the 60+ year age of the structure and the note that 'full renovations' could increase value suggest that major systems, kitchens, or baths may not be fully modernized to 'excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is situated in a prime East Nashville location adjacent to a massive 19-acre approved redevelopment plan, promising significant future appreciation and neighborhood revitalization.
- Immediate Income Generation
This four-unit residential income building is already producing revenue and is move-in ready, featuring recent paint and essential in-unit laundry facilities.
- High-Demand Tenant Amenities
With eight bedrooms across four units and dedicated parking, the property offers rare and highly sought-after features for the East Nashville rental market.
CONSRISKS & DEFICIENCIES
- Value-Add Requirement
While functional and updated, the property requires a full renovation to reach its highest and best use and maximize potential rental yields.
- Aging Infrastructure
Built in 1960, the building may require more frequent maintenance or significant capital expenditures for system upgrades compared to newer developments in the area.
About 952A Strouse Ave
Attention savvy investors: amazing location in East Nashville. Adjacent to the 19 acre approved redevelopment plan that includes green spaces, restaurants, and multiple types of housing options. This plot is already income-producing. This eight-bedroom, four-bath building has four units and is minutes from popular restaurants, shopping, groceries, bars, and the YMCA. Just repainted, this move-in-ready investment home offers tons of opportunity! If you are looking for an East Nashville investment location with parking, all appliances, in-unit laundry, and plenty of sunlight, bring your buyers for a tour. Building has been updated, but full renovations could increase the value.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1960
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,800 | 1,967.444 |
| Lot Size | - | - |
| Price | $850.0K | $455.6K |
| Price per sq ft | $304 | $238 |
| Built year | 1960 | 1964 |
| HOA | $0 | $0 |
| Days on market | 18 | 82 |
Pricing History
Listed for Sale
Oct 6, 2026
$850,000
Initial Listing