
Nashville, TN 37211
This High-Potential Investment Asset is a Prime Investment Opportunity listed at $399,000—positioned well below the $636,391 Fair Market Value by 37%. This significant valuation gap offers $237,391 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the property is completely livable, featuring a deck, patio, and an expansive 39,640 sqft lot. The flexible layout supports a two-unit rental or Airbnb configuration for maximized ROI. Located near Cole Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Raywood Ct Subject | $399,000* List Price | 4 | 3 | 2,360 | $270 | - |
A 281 Haywood Ln Sold | $310,000 | 2 | 1 | 1,629 | $190 | 0.8 mi |
B 3943 Creekside Dr Sold | $368,000 | 4 | 2 | 1,724 | $213 | 0.8 mi |
C 361 Tusculum Rd Active | $399,800 List Price | 3 | 2 | 1,924 | $208 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1961 build that is well-maintained and described as 'completely livable,' but it remains largely unrenovated with dated features. The kitchens and bathrooms show a mix of mid-century and 1980s styles, including vintage colored bathroom fixtures, older oak cabinetry, and dated tile work. While the home appears functional and includes some updated appliances and mini-split HVAC units, it is marketed as an 'investor special' and 'renovation project,' fitting the criteria for a property that is aged but maintained through regular upkeep with major components showing signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39640, living area = 2360.
The property offers exceptional flexibility for investors, with a layout that supports a two-unit rental configuration or an owner-occupied Airbnb setup to maximize income potential.
Situated on nearly an acre (39,640 sqft), the substantial lot provides rare privacy and space for a Nashville residential property, offering room for future expansion or outdoor development.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2360, other record living area = 1897. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The requirement for cash or conventional loans only significantly limits the buyer pool by excluding those relying on FHA or VA financing programs.
Sold in as-is condition, the 1961-built structure may require substantial capital investment for modernizing systems and addressing deferred maintenance typical of its age.
OPEN HOUSE THIS SUNDAY, APRIL 12TH 1-3:00 PM. Opportunity is knocking at 207 Raywood Dr. This property is ready for the right buyer with vision to unlock its full potential. Investor Special with Incredible Potential turn key and completely liveable now. Whether you're looking for your next renovation project, a creative income-producing property, or a unique setup with separate living quarters, this home offers the kind of flexibility investors are always searching for. With the right small improvements, the layout presents the possibility to design a two-unit rental concept or an Owner Occupied Airbnb setup. A well kept owners living space makes it an attractive option for those wanting to live and earn in the same property. The structure provides a solid starting point for someone ready to transform the space into something special — whether that means a full creative large home renovation, modern redesign for a large family, or an income-focused investment. ✨ Ideal for investors and renovators ✨ Potential for two-unit income configuration ✨ Opportunity to create Airbnb or short-term rental setup ✨ Great canvas for a beautiful restoration project of your own Properties with this kind of upside potential don’t come along often. Bring your contractor, your creativity, and your vision. Being sold as-is and ready for its next chapter. Cash or conventional loans only.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,360 | 1,827 | 72% |
| Lot Size | 39,640 | 11,761 | 95% |
| Price | $399.0K | $449.9K | 42% |
| Price per sq ft | $169 | $238 | 20% |
| Built year | 1961 | 1968 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 474 | 0% |
Mar 9, 2026
$399,000
Initial Listing