Value-Add Multifamily
For Sale
$222,026
1216 -1220 Lewis St, Nashville, TN 37210
39-unit multifamily community with two buildings constructed in 1959 and 1969, offered as a partially offline value-add opportunity.
Property Size16,258 SF
Lot Size0.66 Acres
Days on Market115
Property Features for 1216 -1220 Lewis St
General Information
Standard status
Active
Size
16,258 SF
Lot size
0.66 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
39
Building Details
Building Size
16,258 SF
Year Built
1959
Listing Agency:
SVN ACCEL COMMERCIAL REAL ESTATE
Listed By:
Kunal Patel, CCIM
(731) 613-5487
Source:
Svn
Added: May 14
Changed: Aug 31
Last Checked: Sep 5 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN ACCEL COMMERCIAL REAL ESTATE
Investment Insights
Based on property information with market context.
Chestnut Flats is a 39-unit multifamily property comprising two buildings on a 0.66-acre site. The community was originally constructed in 1959 and 1969 and is being presented as a value-add opportunity with a partially offline operating status.
The property is located at 1216–1220 Lewis Street in Nashville, Tennessee 37210, positioned within the Chestnut Hill submarket. The offering references an MDHA affordability structure in place through July 2029.
As presented, the asset supports an execution plan that includes phased repositioning and lease-up to drive operating performance.
The property is located at 1216–1220 Lewis Street in Nashville, Tennessee 37210, positioned within the Chestnut Hill submarket. The offering references an MDHA affordability structure in place through July 2029.
As presented, the asset supports an execution plan that includes phased repositioning and lease-up to drive operating performance.
Key Highlights
- 39‑unit multifamily community with two buildings
- Buildings constructed in 1959 and 1969
- Two‑building setup on 0.66 acres
Property Analytics
Property Profile
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 37210, TN
17,134
Population
9,201
Households
1.9
Avg Household Size
32
Median Age
32%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
1,842
Density / Sq Mi
$43,343
Median Household Income
$36,815
Median Earnings
$1,250
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 39-unit multifamily community with two buildings constructed in 1959 and 1969, offered as a partially offline value-add opportunity.
Where is this apartment building located?
The property is located at 1216 -1220 Lewis St Nashville, TN.
What is the asking price?
The asking price for this property is $222,026.
What are key features of this property?
This property features: 39‑unit multifamily community with two buildings; Buildings constructed in 1959 and 1969; Two‑building setup on 0.66 acres
