$1,100,000 - 142 Elmhurst Ave, Nashville

Rare East Nashville Development Opportunity — Just Minutes from Downtown! Exceptional opportunity to acquire two contiguous, fully entitled parcels at 142 & 144 Elmhurst Avenue, totaling approximately 0.40 acres / 17,424 SF. Recently rezoned to RL2, this vacant development site offers substantial flexibility for attached residential development, including small multifamily, multiplex, courtyard flats, build-to-rent and townhome concepts. RL2 zoning provides no density cap, with development potential instead governed by building type, coverage, setbacks and parking. The district allows up to 60% building coverage and three stories, giving developers significant flexibility to design a project around current market demand. Nashville's Voluntary Attainable Housing Incentive (VAHI) may provide additional height, bonus units and parking relief for qualifying projects. The property is vacant and gravel-surfaced with no structures to demolish, and public water and sewer are available along Elmhurst Avenue. Approximately 19 feet of natural grade change from front to rear may lend itself particularly well to walkout configurations or tuck-under parking. Located approximately two miles from Downtown Nashville and the East Bank, and convenient to the rapidly developing Dickerson Pike corridor, this is a compelling opportunity for developers seeking entitled infill in a downtown-adjacent location. Survey and zoning documentation available. Buyer to independently verify zoning, development potential, utilities and all site conditions.