RealtyLens
for saleRealtyLens property overview
$415,000

952D Strouse Ave

Nashville, TN, 37206
View more Nashville, TN property pages
5Beds
2Baths
1,522Sqft
$273$/sqft

Listing Notes

This is a classic value-add opportunity with long-term tenants on month-to-month leases, each subject to 60 days' notice. Rents are dramatically below market-approximately $1,271 for the one-bedroom unit and $1,318 for the four-bedroom-creating immediate upside potential for an investor willing to reposition the property. With light cosmetic updates and thoughtful improvements, rental income could be increased substantially. Custom-built by the owner approximately twenty years ago, the duplex features vaulted ceilings and an excellent, functional floor plan that lends itself well to modern upgrades. The location is a significant draw, situated just minutes from the shops, restaurants,

Market Insights

Below nearby median-21%

$273/sqft vs a nearby median of $344/sqft.

Nearby median$344/sqft
Nearby properties4
Property size1,522 sqft
  • -21% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,522 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$532k$475k$589k · 33% confidence
vs ask $415k−$117k (−28.2%)

Asking price is about 28.2% below the fair value — likely to draw competing offers if it's still on market.

$344/sqft median across 4 tight comps × 1,522 sqft= $524k
  • Modern construction+$8k +1.5%
Cumulative NYC adjustments+$8k+1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-21% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
3 photos
Property type
multi family
Status
for sale

Price History

May 9, 2026Initial record
$415,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.