
Nashville, TN 37211
This Updated Mid-Century Cottage is a Strong Value Opportunity, listed at $386,000—positioned well below the $410,754 Fair Market Value by 6%. This valuation gap delivers $24,754 in Instant Equity. Boasting a Condition Rating of 3, the home is move-in ready with a new HVAC, roof, and stainless appliances. The expansive 0.4-acre lot and lack of HOA provide significant Development Potential for future subdivision or rezoning. Located near I-24 and BNA, it is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 Neese Dr Subject | $386,000* List Price | 2 | 1 | 768 | $535 | - |
A 732 Drummond Dr Sold | $439,000 | 2 | 1 | 804 | $546 | 0.7 mi |
B 732 Drummond Dr Sold | $439,000 | 2 | 1 | 804 | $546 | 0.7 mi |
C 3308 Mimosa Dr Active | $369,000 List Price | 3 | 1 | 1,000 | $369 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property is move-in ready with major system updates including a newer HVAC, roof, and water heater. The interior features refinished hardwood floors and brand-new stainless steel appliances, though the kitchen cabinetry and countertops remain functional but dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 768.
The property is move-in ready with major capital improvements already completed, including a new HVAC system, roof, water heater, replacement windows, and brand-new stainless steel appliances.
Sitting on a generous 0.4-acre lot with no HOA, the property offers significant value-add potential through possible rezoning and subdivision, making it an attractive option for investors.
At only 768 square feet with a 2-bedroom, 1-bathroom configuration, the interior living space is quite small and may not accommodate larger households or those needing a home office.
Despite modern surface updates, the 1945 build date suggests the home may have underlying structural or utility characteristics typical of older construction that could require future attention.
Move-in ready and full of charm, this one-level home checks all the boxes. Major updates already handled with HVAC, roof, water heater, replacement windows, and brand-new stainless steel appliances. Spacious driveway parking and a fully fenced backyard give you space and flexibility. No HOA, so bring the boat, trailer, or work vehicles. Potential rezoning opportunity with the lot possibly allowing for subdivision. Prime location with quick access to I-24, Briley Pkwy, BNA, downtown, shopping, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 768 | 1,715 | 0% |
| Lot Size | 17,424 | 12,197 | 72% |
| Price | $386.0K | $450.0K | 40% |
| Price per sq ft | $503 | $242 | 98% |
| Built year | 1945 | 1971 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 443 | 0% |
Apr 21, 2026
$386,000
Initial Listing