
Nashville, TN 37211
This property presents a High-Potential Investment Opportunity with a List Price of $339,000, which aligns with the current $339,000 Fair Market Value. Featuring a 4-Condition Rating, this Single Family Residence offers a significant value-add opportunity through its 0.91-acre lot and flexible 2,360 sqft layout, which supports potential multi-unit or short-term rental configurations. While the home requires modernization, its expansive footprint and separate living quarters provide a versatile canvas. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Raywood Ct Subject 4 bd · 3 ba · 2,360 sqft · $144 | $339,000* List Price | 4 | 3 | 2,360 | $144 | - |
A 304 Delvin Dr Sold 3 bd · 2 ba · 2,132 sqft · $164 · 0.4 mi | $350,000 | 3 | 2 | 2,132 | $164 | 0.4 mi |
B 361 Tusculum Rd Sold 3 bd · 2 ba · 1,924 sqft · $177 · 0.2 mi | $340,000 | 3 | 2 | 1,924 | $177 | 0.2 mi |
C 353 Tusculum Rd Active 2 bd · 2 ba · 2,364 sqft · $184 · 0.1 mi | $435,000 List Price | 2 | 2 | 2,364 | $184 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property features dated kitchens and interior finishes that appear to be 15-30 years old. While the listing notes it is currently livable, it is sold as-is, requires conventional or cash financing, and needs updates and modernizing throughout.
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.
Situated on nearly an acre (0.91 acres), this property offers rare outdoor space and privacy within the Nashville area, providing significant land value and development potential.
The 2,360 sqft layout includes separate living quarters, offering excellent versatility for a two-unit rental configuration, multi-generational living, or a short-term rental opportunity.
The property is being sold in as-is condition and requires renovation, which limits financing options to cash or conventional loans and necessitates immediate capital for repairs.
With over 200 days on the market, the property may face perception challenges or require a specific buyer profile willing to overlook the lengthy listing period and necessary upgrades.
Opportunity is knocking at 201 Raywood Ct! This 4-bedroom, 3-bath home offers 2,360 square feet on approximately 0.91 acres and is ready for someone with a little vision to make it their own. The home is livable now, with a well-kept owner’s living space and separate living quarters that offer plenty of flexibility. Whether you’re dreaming up a renovation, looking for your next investment project, or hoping to create a home that works for the way you live, there’s so much to explore here. The layout presents several possibilities: - A chance for investors and renovators to bring fresh ideas to the space - Potential to explore a two-unit income configuration - An owner-occupied Airbnb or short-term rental concept, subject to applicable rules and approvals - A canvas for a restoration project that’s entirely your own Bring your contractor, your creativity, and your vision. Come walk through, see the space for yourself, and imagine its next chapter! Sold as-is. Cash or conventional financing 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,360 | 2,045.139 |
| Lot Size | 39,640 | 10,890 |
| Price | $339.0K | $556.0K |
| Price per sq ft | $144 | $305 |
| Built year | 1961 | 1971 |
| HOA | $0 | $133 |
| Days on market | 229 | 70 |
Mar 9, 2026
$339,000
Initial Listing