
Nashville, TN 37217
This Multi-Unit Residential Property represents a Prime Investment Opportunity, listed at $385,000—positioned well below the $396,895 Fair Market Value by 2%. This valuation gap offers $11,895 in Instant Equity. Featuring a Mint Condition Rating with updated HVAC and windows, the home offers a walk-out basement with a second kitchen, perfect for house hacking. While the local high school rating is low, the property’s strategic location near I-40 and the airport ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 Vultee Blvd Subject 4 bd · 2 ba · 1,869 sqft · $212 | $385,000* List Price | 4 | 2 | 1,869 | $212 | - |
A 425 Glenpark Dr Sold 3 bd · 2 ba · 1,848 sqft · $206 · 0.6 mi | $380,000 | 3 | 2 | 1,848 | $206 | 0.6 mi |
B 1216 Vultee Blvd Active 4 bd · 2 ba · 1,850 sqft · $195 · 0.0 mi | $359,900 List Price | 4 | 2 | 1,850 | $195 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with shaker cabinets, quartz countertops, and stainless appliances. The interior shows new LVP flooring, fresh paint, and updated fixtures throughout. Additionally, the listing confirms newer critical systems including HVAC, water heater, and replacement windows, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1869.
The walk-out basement features a second kitchen and separate living quarters, providing an excellent opportunity for house hacking or generating rental income to offset mortgage costs.
The property includes newer replacement windows, HVAC, and a water heater, significantly reducing the immediate need for capital expenditures on essential mechanical components.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned high school has a low performance rating of 2, which may deter families prioritizing education and could impact future resale value.
Built in 1952, the property may present challenges associated with older construction, such as the low-ceiling attic and potential for further modernization needs beyond the mechanical updates.
Convenient location with flexible living space and rental income potential! This home features newer replacement windows, HVAC, and water heater. The main level offers 2 bedrooms and 1 full bath, while the walk-out basement includes an additional bedroom, full bath, and second kitchen. Enjoy the potential to live upstairs and rent downstairs, subject to applicable rental requirements. A spacious asphalt driveway provides ample parking, and the low-ceiling attic offers additional storage. Conveniently located near Briley Parkway, I-40, and the airport!
No exterior & parking available.
Grades K-4 • 0.4 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,869 | 2,045.139 |
| Lot Size | 10,890 | 10,890 |
| Price | $385.0K | $556.0K |
| Price per sq ft | $206 | $305 |
| Built year | 1952 | 1971 |
| HOA | $0 | $133 |
| Days on market | 3 | 70 |
Oct 23, 2026
$385,000
Initial Listing