
Nashville, TN 37217
This Condominium Asset is a Strong Value Opportunity, listed at $199,000—positioned above the $184,607 Fair Market Value. While the price reflects a premium, the property offers significant flexibility with no rental restrictions, making it a prime candidate for income generation. Featuring a Condition Rating of 4 and a private deck, the unit requires minor cosmetic updates to maximize its potential. Located just 10 minutes from the airport, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 129 Five Oaks Dr Subject 2 bd · 2 ba · 1,280 sqft · $144 | $199,000* List Price | 2 | 2 | 1,280 | $144 | - |
A 947 Coarsey Dr Active 2 bd · 2 ba · 1,216 sqft · $132 · 0.8 mi | $160,000 List Price | 2 | 2 | 1,216 | $132 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old. While the exterior and bathroom appear functional and move-in ready, the fixtures and finishes are dated and will likely require minor cosmetic updates and modernizations.
Priced at $199,000, this property offers a rare entry-level price point in the competitive Nashville market, making it highly attractive for first-time homebuyers and budget-conscious investors.
The absence of rental restrictions provides significant flexibility for owners to pursue long-term or short-term rental strategies, maximizing the property's income potential.
Ideally situated just 10 minutes from Nashville International Airport with easy access to downtown and major highways, the location is perfect for traveling professionals and commuters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 613.
The assigned high school carries a low rating of 2, which may deter families who prioritize high-ranking educational institutions when selecting a home.
Built in 1981, the property may require updates to its systems or interior finishes to meet modern standards, potentially leading to immediate capital expenditures for the buyer.
Affordable Living in the Heart of Nashville! Welcome to 129 Five Oaks Dr, nestled in the desirable Five Oaks Condo community. This charming 2-bedroom, 1.5-bath condo offers an exceptional combination of comfort, convenience, and affordability. Ideally located just 10 minutes from Nashville International Airport, this home provides easy access to downtown Nashville, major highways, shopping, dining, and entertainment—making it a great choice for homeowners, traveling professionals, and investors alike. Priced to sell, this property presents an incredible opportunity for first-time homebuyers, those looking to downsize, or anyone seeking an affordable home in Nashville's competitive market. Even better, there are no rental restrictions, offering flexibility for both long-term and short-term rental opportunities (buyers should verify all local regulations). Whether you're searching for your next home or a smart investment property, this condo delivers outstanding value in a highly desirable location. Don't miss your opportunity to own in the sought-after Five Oaks community—schedule your private tour today!
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,280 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $199.0K | $347.6K |
| Price per sq ft | $155 | $343 |
| Built year | 1981 | 2007 |
| HOA | $187 | $334 |
| Days on market | 43 | 92 |
Sep 11, 2026
$199,000
Initial Listing