
Nashville, TN 37212
This Turnkey Income-Generating Asset is listed at $385,000, aligning perfectly with its $385,000 Fair Market Value to provide a stable, market-accurate entry point. Boasting a Condition Rating of 3, the unit features a renovated kitchen and modernized primary suite, significantly reducing future capital expenditures. With a tenant secured through February 2027 and a private terrace, the property offers immediate cash flow and long-term occupancy security. Zoned for Eakin Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking stability in Nashville’s high-growth market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Rose Hall Subject | $385,000* List Price | 2 | 2 | 1,250 | $308 | - |
A 3210 Orleans Dr 4 Sold | $270,000 | 2 | 1 | 840 | $321 | 0.0 mi |
B 305 Rose Hall Active | $380,000 List Price | 2 | 2 | 1,250 | $304 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates despite its 1988 build date. The kitchen has been renovated with contemporary white shaker cabinetry, granite countertops, and stainless steel appliances. The bathrooms have been updated with modern vanities, black fixtures, and a renovated primary tile shower. The unit features updated LVP flooring throughout the main living areas and appears well-maintained with no visible deferred maintenance, though the overall building age and some standard finishes keep it from the 'excellent' tier.
The property serves as a turnkey investment with a tenant secured through February 2027, providing immediate cash flow and long-term occupancy security for an investor.
Featuring an updated kitchen with stainless steel appliances and a renovated primary suite with a dual vanity and tile shower, the unit minimizes the need for near-term capital expenditures.
Situated in a high-growth Nashville market with convenient interstate access and proximity to major employment centers, the property benefits from strong fundamental rental demand.
The monthly HOA fee of $495 is relatively high for this price point, which may compress net operating income and impact the overall cap rate for investors.
With a lease in place until early 2027, the property is restricted to investors only, excluding any buyers looking for a primary residence or immediate possession.
Turnkey investment opportunity in Nashville with a tenant in place through February 2027, providing immediate and stable rental income with built-in occupancy security. This well-maintained 2-bedroom, 2-bathroom corner unit offers strong rental appeal with direct access from the common parking lot and convenient interstate access—ideal for long-term tenant retention. The updated kitchen features white cabinetry and stainless steel appliances, flowing into a comfortable living area with fireplace and private terrace—features that support marketability and premium rent potential. The spacious primary suite includes a tray ceiling and renovated en-suite bath with dual vanity and tile shower, minimizing near-term capital improvement needs. Additional value-add features include one assigned covered garage parking space and a private storage closet. The HOA allows rentals with a 30-day minimum, offering future flexibility for mid-term rental strategies once the current lease expires. Low-maintenance exterior and HOA-managed common areas help reduce operational responsibilities. Conveniently located near major interstates, employment centers, and Nashville amenities, this property benefits from strong rental demand fundamentals in a high-growth market. Up to 1% lender credit available when buyer uses Seller’s Preferred Lender.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 60% |
| Baths | 2.0 | 1.0 | 68% |
| Square foot | 1,250 | 762 | 72% |
| Lot Size | 1,307 | 871 | 56% |
| Price | $385.0K | $295.0K | 72% |
| Price per sq ft | $308 | $336 | 24% |
| Built year | 1988 | 2006 | 40% |
| HOA | $495 | $383 | 68% |
| Days on market | 329 | 224 | 64% |
May 29, 2025
$385,000
Initial Listing