1345 Cheshire Dr, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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Nashville, TN 37207
This property presents a Strong Value Opportunity with a List Price of $345,000—positioned well below the $367,439 Fair Market Value by 6%. This valuation gap offers $22,439 in Instant Equity. Featuring a Fair Condition Rating, the home includes recent mechanical upgrades like a 2021 HVAC and 2024 sewer line, providing a solid foundation for cosmetic renovation. With a massive 1.15-acre lot, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic improvements.
Property is moderate renovation needed.
Built in 1959, the property is dated with popcorn ceilings, older carpeting, and original-style cabinetry requiring cosmetic updates. However, the home is functional and move-in ready due to excellent recent system upgrades, including a new HVAC (2021), horizontal cast iron sewer line (2024), and water heater (2024).
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 1411.
The property features a rare 1.15-acre lot in Nashville, providing significant privacy, outdoor living space, and potential for future expansion or development.
Major high-ticket items have been recently addressed, including a new HVAC system (2021), a horizontal cast iron sewer line (2024), and a new water heater (2024).
The home is marketed as an opportunity for renovation, suggesting that the 1959 interior likely requires a significant budget for cosmetic and functional modernization.
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may impact the property's appeal to families prioritizing top-tier educational proximity.
Beautiful 1.15 acre yard with the perfect covered front porch and home. A great home with opportunity for renovation or investment property. Upgrades include HVAC - 2021. Horizontal cast iron sewer line - 2024. Water heater - 2024. Spacious layout with 3 bedrooms and 2 baths, eat in kitchen, living room and separate family room, and a 2 car garage plus a detached storage building. Located in a quiet, established neighborhood with convenient access to shopping, dining, and major highways. An amazing investment property or a wonderful family home.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades 5-8 • 3.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,411 | 1,450 | 41% |
| Lot Size | 50,094 | 8,712 | 98% |
| Price | $345.0K | $375.0K | 41% |
| Price per sq ft | $245 | $232 | 54% |
| Built year | 1959 | 1970 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 358 | 1% |
May 6, 2026
$345,000
Initial Listing