1404 Jefferson St, Nashville TN 37208
Exceptional investment opportunity in a high-traffic downtown corridor! This offering includes two adjacent lots totaling approximately 0.22 acres (0.11 acres each), presenting incredible potential for redevelopment, renovation, or income-producing use. 1404 features an existing commercial building with significant upside for updates and improvements. The property includes two separate apartment spaces upstairs, offering excellent potential for short-term rentals, long-term leasing, or mixed-use income. 1402 is being sold for land value only. The existing structure is structurally compromise
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is grouped with the current listings without a reported bedroom count in Nashville. Its asking price falls near the 77th percentile of that active group. The comparison uses 677 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 127 days, while the current cohort averages 73 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $425,000, and the median is $254 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1604 Knowles St | Jul 15, 2026 | — · 2,025 sqft | $500,000 | 0.2 mi |
| 1608 Knowles St | Jul 23, 2026 | 3 bd · 1,527 sqft | $440,000 | 0.2 mi |
| 1501 Underwood St | Jul 28, 2026 | 2 bd · 787 sqft | $112,500 | 0.3 mi |
| 1013 Rev Dr Enoch Jones Blvd | Jul 8, 2026 | 4 bd · 2,294 sqft | $1,325,000 | 0.3 mi |
| 1012 Scovel St | Sep 4, 2026 | 3 bd · 1,956 sqft | $578,500 | 0.4 mi |
| 1535 11th Ave, N | Jun 22, 2026 | 3 bd · 1,964 sqft | $410,000 | 0.4 mi |
| 1539 12th Ave, N | May 30, 2026 | 2 bd · 728 sqft | $185,000 | 0.4 mi |
| 1539 12th Ave, N | May 30, 2026 | — | $185,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $2,000,000 · Active
- $2,000,000 · Active
- $1,985,000 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester61.5 miles straight-line · roughly 110 driving minutes
- Downtown Manchester62.2 miles straight-line · roughly 111 driving minutes
- Arnold Air Force Base67.1 miles straight-line · roughly 120 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report