
Nashville, TN 37217
This Renovated Mid-Century Ranch is a Prime Investment Opportunity listed at $529,900—positioned well below the $851,457 Fair Market Value by 37%. This valuation gap offers $321,557 in Instant Equity. Boasting an Excellent Condition Rating, the home features a $20,000 waterproofed basement with a private entrance for rental potential. With a new HVAC (2023), updated kitchen, and large deck on a 0.73-acre lot, it balances lifestyle with massive upside. This is an ideal find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1208 Dempsey Dr Subject | $529,900* List Price | 4 | 3 | 1,923 | $443 | - |
A 513 Vinson Dr Sold | $520,000 | 3 | 2 | 1,980 | $263 | 0.7 mi |
B 1413 Winthorne Dr Active | $425,000 List Price | 4 | 2 | 1,791 | $237 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1955, this property has undergone an extensive professional renovation within the last two years (2023-2024), meeting the criteria for excellent condition. Major mechanical systems have been replaced, including a new HVAC (2023), updated plumbing (2024), and new appliances (2024-2025). The interior features a modern aesthetic with refinished hardwood floors, upgraded lighting, and a fully renovated $20,000 waterproofed basement. The kitchen and bathrooms have been updated with contemporary fixtures, vanities, and hardware, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31799, living area = 1923.
The fully finished basement features a private entrance, bedroom, and bathroom, making it an ideal setup for a rental unit or multi-generational living.
The home boasts significant recent improvements, including a new HVAC system (2023), updated plumbing to code, and new appliances (2024-2025), minimizing immediate capital expenditures.
The property is zoned for middle and high schools with low performance ratings (3/10 and 2/10), which may impact long-term appreciation and appeal to families.
Located just minutes from Nashville International Airport, the property is likely subject to significant aircraft noise, which can affect residential tranquility.
This gorgeously renovated home offers the perfect blend of style, functionality, and opportunity—just minutes from the airport, downtown Nashville, and major interstates. With no HOA and a fully finished basement with a private entrance, this property is ideal for multi-generational living or as a potential income-generating rental. Extensive updates include a full interior repaint upstairs and downstairs, new window treatments, upgraded lighting in the kitchen and living room, a repainted kitchen with new hardware, and modern bathroom upgrades including a new vanity in the basement bath. Mechanical improvements feature a new HVAC system (2023), washer and dryer (2024), dishwasher (2024), and refrigerator (July 2025). Plumbing was brought up to code in 2024 with p-valves installed, a new sewer cap, and a replaced water pump to ensure efficiency and compliance. The $20,000 basement renovation was designed with durability and comfort in mind. All drywall was replaced, walls sealed, and a waterproofing system installed—including sealant behind the fireplace, an upgraded drainage system tied to the city water line, and regraded landscaping to redirect water away from the home. The basement also features new tile flooring, bonus space, and a private bedroom and bathroom—perfect for guests, tenants, or extended family. This move-in-ready property has been meticulously maintained and upgraded, making it a rare find in a prime Nashville location.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,923 | 1,824 | 50% |
| Lot Size | 31,799 | 13,504 | 86% |
| Price | $529.9K | $350.0K | 98% |
| Price per sq ft | $276 | $200 | 91% |
| Built year | 1955 | 1971 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 260 | 2% |
Feb 9, 2026
$529,900
Initial Listing