
Nashville, TN 37216
This property presents a Strong Value Opportunity with a List Price of $565,000—positioned well below the $605,322 Fair Market Value by 6%. This valuation gap offers $40,322 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 2023 roof and a versatile basement apartment with private entry. With R10 Zoning and a large half-acre lot backing up to Cooper Creek, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1829 Willow Springs Dr Subject 3 bd · 2 ba · 2,288 sqft · $265 | $565,000* List Price | 3 | 2 | 2,288 | $265 | - |
A 2400 Sandy Dr Sold 3 bd · 2 ba · 1,734 sqft · $282 · 0.1 mi | $488,500 | 3 | 2 | 1,734 | $282 | 0.1 mi |
B 2504 Cooper Ln Sold 3 bd · 2 ba · 1,611 sqft · $297 · 0.2 mi | $479,000 | 3 | 2 | 1,611 | $297 | 0.2 mi |
C 2237 Berrywood Rd Active 3 bd · 2 ba · 1,596 sqft · $306 · 0.5 mi | $489,000 List Price | 3 | 2 | 1,596 | $306 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1962, the property has been well-maintained and updated, making it move-in ready. Key systems are relatively new, including a 2023 roof and 2015 HVAC. The kitchen features a functional renovation with stainless steel appliances and modern cabinetry, and the interior shows well-preserved hardwood flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 2288.
The property features a fully equipped basement apartment with a private entrance, kitchen, and laundry, offering immediate rental income potential or a multi-generational living setup.
Situated on a half-acre lot with R10 zoning, this property provides the rare opportunity to maintain the current residence or develop a two-family dwelling in a desirable area.
Although the roof was replaced in 2023, the HVAC system is nearly a decade old and the 1962 construction may necessitate updates to electrical or plumbing systems to meet modern standards.
The property is zoned for schools with lower performance ratings, which could be a deterrent for families prioritizing public education and may impact future resale value.
Delightful Mid Century Ranch on a half acre lot near the Greenway. Main level provides 2Br/ 1Ba with abundant natural light and charming living space. Basement level set up as completely separate apartment with private entrance, laundry, kitchen, bath living, & bedroom. Could easily be converted to a 2 bedroom apt. Currently it's one bedroom. Ready to rent today. Let your tenant help you pay the bills! As another option, this lot is a legally created R10 property, so you can do single- or two-family here. Upstairs does have access to the basement so it can be a single family basement home if desired. All appliances included (both laundry sets) Roof 2023, HVAC 2015, Great lot with private feel that backs up to Cooper Creek, less than a mile to the Forrest Green Entrance of Shelby Bottoms!
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades PK-4 • 1.3 mi
Grades 5-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,288 | 2,045.139 |
| Lot Size | 21,344 | 10,890 |
| Price | $565.0K | $556.0K |
| Price per sq ft | $247 | $305 |
| Built year | 1962 | 1971 |
| HOA | $0 | $133 |
| Days on market | 13 | 70 |
Oct 11, 2026
$565,000
Initial Listing