1037 N 31st Ave, Nashville, TN 37209

$550,000
2,096
SqFt

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List Price
$550,000
Status
ACTIVE
Days on Market
0
MLS#
3592010
Subtype
Residential Income
Year Built
1969
Living Area
2,096
Subdivision
Long & Ashworth/Midway

Property Description

Investment/development opportunity in the Nations right by Tennessee State University. This existing triplex sits on a .17-acre lot zoned RS5, just minutes from downtown, offering immediate rental income with long-term upside. Available individually at $550,000, or as part of a rare three-parcel assemblage alongside 1035 31st Ave N (a vacant RS5 lot) and 1033 31st Ave N (a second triplex) for a total of $1,375,000 - giving a buyer contiguous frontage along 31st Ave N. Whether acquired as a cash-flowing standalone triplex or as a multi-lot redevelopment play, this is a flexible opportunity close to Charlotte Pike, I-40, and the restaurants and retail of The Nations and Sylvan Park. Buyer/buyer's agent to verify zoning and development potential with Metro Nashville Planning.

Additional Information

Zoning
RS5
Exterior Construction
Brick
Stories
1
Elementary School
Park Avenue Enhanced Option
Middle School
Moses McKissack Middle
High School
Pearl Cohn Magnet High School

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Listing courtesy of Compass.

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