Exceptional investment and redevelopment opportunity in one of Nashville’s most sought-after urban corridors, ideally positioned between The Gulch and Music Row—two of the city’s most dynamic and fast-appreciating districts known for luxury living, premier dining, entertainment, and long-term growth. This income-producing duplex sits on two separate parcels with two tax… Read More IDs and currently features two well-maintained 2BR/1BA units with long-term month-to-month tenants paying $1,600/month per side, creating immediate cash flow while future plans take shape. The property is currently zoned R6-A, but recent Metro zoning updates have created a significant new opportunity for increased density and future redevelopment potential in this location. Preliminary research indicates the site may be a strong candidate for rezoning that could allow substantially greater development intensity, including attached townhomes or even multifamily product, making this an increasingly rare opportunity for builders, investors, and developers looking to secure property ahead of future entitlement progress. As the rezoning process advances and additional value is unlocked, the seller intends to increase the asking price accordingly. Buyers looking to capitalize on the current pricing and future upside are encouraged to act sooner rather than later. Read letter from attorney in media section. Surrounded by high-end redevelopment with nearby new construction routinely selling from $2M–$4M+, this property offers an exceptional combination of location, flexibility, income, and long-term potential in the heart of Nashville. Must have 24-hour notice to show. Call listing broker with questions. Read Less
Courtesy of The Shuford Group, LLC, Nick Shuford | Principal Broker & Auctioneer, 6155793354.
Listing Snapshot
Days Online
157
Last Updated
Square Ft.
712
Year Built
1980
MLS Number
3167483
Additional Details
Building
Built in 1980, Year Built Details: Existing, Living area: 712, Living area units: Square Feet, Levels: One, Construction Materials: Brick
Cooling
Central Air, Electric
Floors
Wood, Tile
Heating
Central, Natural Gas
Home Owner's Association
Amenities: Dog Park, Park, Sidewalks
Income
Gross Income: $38,400, Net Operating Income: $38,400
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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