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Justin Reesy The Reesy Real Estate Team

justinreesy@kw.com +1(270) 779-9504

Listed by Nick Shuford | Principal Broker & Auctioneer • The Shuford Group, LLC

$ 775,000

Est. payment | -/mo

712 SqFt

Save

$ 775,000

Est. payment | -/mo

Save

712 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 712 sqft

Price per Sqft $1,088

Subdivision Whalen Townhomes

MLS Listing ID 3167483

HOA Y/N No

Year Built 1980

Annual Tax Amount $4,494

Lot Dimensions 133x50

Property Description

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 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.

Location

State TN

County Davidson County

Zoning R6

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Wood, Tile

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Amenities Available Dog Park, Park, Sidewalks

View Y/N true

View City

Roof Type Shingle

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Eakin Elementary

Middle Schools West End Middle School

High Schools Hillsboro Comp High School

Others

Senior Community false

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 779-9504

justinreesy@kw.com

979 Lovers Lane Ste C., Bowling Green, Kentucky 42103, USA

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1400 Hawkins St Nashville, TN 37203