Homes for sale - 1112 W Grove Ave, Nashville, TN 37203

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Christina Lanning

tnky@sellhomeswithchristina.com +1(910) 545-1442

Listed by David Binkley • Compass

$ 655,000

Est. payment | -/mo

2 Beds

1 Bath

1,000 SqFt

Save

$ 655,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $655

Subdivision 12 South

MLS Listing ID 2791250

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,543

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 46 X 145

Property Sub-Type Single Family Residence

Property Description

Prime Building Lot in 12 South – Ideal for New Construction. Located in the highly desirable northwest corner of 12 South, just off 12th Ave S, this prime lot offers unmatched convenience to Belmont, Edgehill, The Gulch, and is just four blocks from the new Ashwood Commons shopping center and the heart of 12 South's commercial district. This property is best suited for new construction rather than renovation, as it is non-contributing and sits outside of a historic overlay. A favorable front setback allows for a home to be positioned closer to the street, maximizing backyard space. The freshly paved alley behind the property is among the widest and most accessible in the neighborhood opportune for construction staging and delivery. The sale includes a survey and building plans, with additional development groundwork already in progress by the current owner—details to be made available to the buyer. While the existing structure is in decent condition for its age, it offers minimal architectural charm and limited value for renovation. Seize this opportunity to build in one of Nashville's most sought-after neighborhoods! Plans are for a 5BR / 5.2BA, 4030 sqft, three story single fam home with attached 2 car garage and elevator shaft. Multiple pricing and development strategies show this property can easily exit in the mid $2M's with a 20-25% Projected ROI based on a 80% LTV Maximum. Projections are available upon request.

Location

State TN

County Davidson County

Rooms

Main Level Bedrooms 2

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace N

Appliance None

Exterior

Utilities Available Water Available

View Y/N true

View City

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Schools

Elementary Schools Waverly-Belmont Elementary School

Middle Schools John Trotwood Moore Middle

High Schools Hillsboro Comp High School

Others

Senior Community false

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(910) 545-1442

tnky@sellhomeswithchristina.com

9041 Executive Park Dr. Ste 250 Knoxville, TN 37923, USA

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