Build your dream two-story home on each of these lots! Perfect for homeowners or investors, these two adjacent parcels — 1702 & 1704 Underwood St each $295,000, both for $590,000— each approximately 0.122 acres, provide incredible flexibility and opportunity. Located in an Urban Zoning Overlay, just minutes from Downtown Nashville, Nissan Stadium, First Horizon Park, Germantown, and the East Bank, these lots are surrounded by new construction and ongoing development. A new survey covering both parcels is attached. Lots must be purchased together, making this an ideal opportunity for a larger development or investment project. Zoned RS5, the properties offer potential for two primary residences with the possibility of accessory dwelling units (DADUs), creating an opportunity for additional income (buyer to verify zoning, permitting, and building requirements). Final buildability is subject to setbacks, easements, and Metro site plan approval. Great opportunity for builders, investors, or end users looking to build, sell, or hold for long-term rental income in a rapidly growing area.
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Zillow last checked:
Listing updated:
Listed by:
Maha Hindiyeh615-525-6073,
simpliHOM855-856-9466
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3185332
Facts & features
Interior
Interior area
Total structure area: 0
Property
Lot
Size: 5,314 Square Feet
Dimensions: .122 Acers
Features: Level
Topography: Level
Details
Parcel number: 08115023000
Zoning: RS5
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Water Available
Community & HOA
Community
Subdivision: D T Mcgavock & Others
HOA
Has HOA: No
Location
Region: Nashville
Financial & listing details
Tax assessed value: $190,000
Annual tax amount: $549
Date on market: 4/30/2026
Inclusions: Land Only
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/14/2026
Price change
$295,000-9.2%
Source: RealTracs MLS as distributed by MLS GRID #3185332Report a problem
5/1/2026
Listed for sale
$325,000
Source: RealTracs MLS as distributed by MLS GRID #3185332Report a problem
4/15/2026
Listing removed
$325,000
Source: RealTracs MLS as distributed by MLS GRID #3047787Report a problem
11/20/2025
Listed for sale
$325,000+71.1%
Source: RealTracs MLS as distributed by MLS GRID #3047787Report a problem
9/15/2023
Sold
$190,000-17%
Source: RealTracs MLS as distributed by MLS GRID #2567525Report a problem
9/11/2023
Contingent
$229,000
Source: RealTracs MLS as distributed by MLS GRID #2567525Report a problem
7/6/2023
Listed for sale
$229,000-8%
Source: RealTracs MLS as distributed by MLS GRID #2544664Report a problem
7/6/2023
Listing removed
--
Source: RealTracs MLS as distributed by MLS GRID #2533078Report a problem
6/5/2023
Listed for sale
$249,000+0.6%
Source: RealTracs MLS as distributed by MLS GRID #2533078Report a problem
6/5/2023
Listing removed
--
Source: RealTracs MLS as distributed by MLS GRID #2493700Report a problem
3/22/2023
Price change
$247,500-8.3%
Source: RealTracs MLS as distributed by MLS GRID #2493700Report a problem
3/4/2023
Listed for sale
$270,000+1592.8%
Source: RealTracs MLS as distributed by MLS GRID #2493700Report a problem
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.