Courtesy of Keller Williams Realty.
Property Description
Incredible investment or redevelopment opportunity in the heart of Nashville! This charming Tudor-style home—rich with historic character—has been thoughtfully converted into a multifamily triplex, featuring three distinct units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Located within walking distance of Vanderbilt and Belmont Universities and just 15 minutes from downtown, the property offers a rare combination of location, timeless architecture, and income potential. Built with classic Tudor detailing and preserved architectural elements, this historic gem features hardwood floors throughout, abundant natural light, and unique layouts in each unit. Mature trees surround the property, creating a serene setting, complemented by a large shared wooden deck and off-street parking for all units. All three units are currently leased, generating an estimated gross annual income of $66,000, offering strong cash flow from day one. Whether you’re looking to maximize rental income or restore the home to its original single-family glory, the possibilities are abundant. Interior showings will only be granted with a fully executed contract. Seller will accept offers with a viewing contingency. Please do not disturb tenants. Each unit showcases original architectural charm, hardwood floors throughout, and ample natural light. The home is surrounded by mature trees, with a large shared wooden deck offering peaceful outdoor space. Off-street parking is included for all units. All three units are currently rented, providing immediate income for investors. Interior showings will only be granted with a fully executed contract. Seller will accept offers with a viewing contingency. Please do not disturb tenants.
Property Details and Features
- Parking
- Covered Spaces: 0
- Parking Total: 0
- Appliances & Equipment
- Description: “Electric Oven”, “Built-In Gas Range”, “Microwave”, “Refrigerator”
- Bathrooms
- Full Bathrooms: 3
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 4
- Main Level Bedrooms: 2
- Building
- Finished Area Above Grade: 2880
- Area: 2880
- Building Area: 2880
- Construction Materials: “Brick”
- Levels: “Two”
- Stories: 2
- Year Built: 1930
- Year Built Details: HIST
- Cooling
- Details: “Central Air”, “Electric”
- Exterior Features
- Patio Features: “Porch”, “Covered”, “Deck”
- Floors
- Flooring: “Wood”, “Tile”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Central”, “Electric”
- Listing
- Days on Market: 0
- Listing Price: 1250000
- Status: Active
- Location
- Address: 1812 Ashwood Ave
- City: Nashville
- State: TN
- Zip: 37212
- County: Davidson County, TN
- Subdivision: Blair/Belmont Heights
- Directions: From downtown Nashville take I-65 S. Take exit 80 to merge onto I-440 W. Keep right onto I-440 W. Take exit 3 onto US-431, Hillsboro Pike toward 21st Ave. Keep right toward US-431 W. In 0.6 mi, turn right onto Ashwood Ave. Home is on the left.
- Lot
- Acres: 0.34
- Size: 0.34
- Dimensions: 85 X 175
- Size Source: Assessor
- Size Units: Acres
- Schools
- Elementary: Eakin Elementary
- Middle/Junior High: West End Middle School
- High School: Hillsboro Comp High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”