
Nashville, TN 37214
This Updated Donelson Residence is a High-Potential Investment Opportunity, listed at $409,900—positioned well below the $575,392 Fair Market Value by 28%. Based on area comparables, this gap offers $165,492 in Instant Equity. While the home maintains a Move-In Ready Condition with a new HVAC and stainless appliances, the unfinished attic and full basement provide massive value-add potential. Located in the walkable Merry Oaks neighborhood near transit and McGavock Elementary, this is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Fairway Dr Subject | $409,900* List Price | 3 | 2 | 1,365 | $422 | - |
A 2408 Selma Ave Sold | $477,000 | 3 | 2 | 1,706 | $280 | 0.6 mi |
B 417 Blue Hills Dr Sold | $440,000 | 3 | 2 | 1,365 | $322 | 0.9 mi |
C 417 Blue Hills Dr Sold | $440,000 | 4 | 2 | 1,365 | $322 | 0.9 mi |
D 417 Blue Hills Dr Sold | $440,000 | 4 | 2 | 1,365 | $322 | 0.9 mi |
E 2528 Stinson Rd Sold | $314,000 | 3 | 1 | 1,102 | $285 | 0.5 mi |
F 417 Blue Hills Dr Active | $464,900 List Price | 4 | 2 | 1,365 | $341 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent mechanical and aesthetic updates, including a new HVAC system, brand new stainless steel kitchen appliances, and professionally refinished hardwood floors. While the 1950s build retains some dated elements like knotty pine paneling and popcorn ceilings, the home has undergone recent 'whole house' structural, plumbing, and electrical inspections, and includes functional upgrades like a French drain and new windows in the attic and basement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1365.
Situated in the heart of Donelson, this property offers exceptional walkability to Publix, local coffee shops, and restaurants, while maintaining a quick three-minute commute to WEGO transit and major highways.
The home boasts significant mechanical and aesthetic improvements, including a new HVAC system, updated kitchen with stainless appliances, refinished hardwoods, and successful whole-house structural, plumbing, and electrical inspections.
The assigned public schools for this address currently hold lower ratings (3-4), which may be a drawback for families prioritizing high-performing educational districts.
At 1,365 finished square feet, the primary living area is relatively compact for the price point, and the tandem garage configuration may be less convenient for multi-vehicle households.
Check this out! Located in heart of Donelson! 203 Fairway offers character, condition and location! Home has so much to offer! Lovely hardwood floors that have been refinished! Updated kitchen offers brand new stainless appliances! The great room offers generous space for furniture placement and cozy fireplace! Unfinished attic that is totally insulated and is wired for electrical -- so many purposes for this area! (not inc in sq ft) ..The home offers basement with new insulated garage door w/ remote! The basement is full! Area is wonderful play area- workshop/hobby area-storm shelter! - Garage can easily hold 2 cars maybe three- tandem. The seller has recently had french drain installed, lentil above garage replaced, New air conditioning/gas heat! Home has recently has undergone "whole house" updating! New windows in attic and basement! The home has a beautiful yard- The Merry Oaks neighborhood is fabulous! Great for walking- and less than a block from home is Publix- banking and assortment of local owned restaurants and coffee shops! For commuters its three minutes to WEGO bus stops! Minutes to downtown Nashville-Briley Pkwy- International airport- recreational lake! This area of Nashville is well kept secret!
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades 5-8 • 1.9 mi
Grades 9-12 • 1.3 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 | 1,365 | 1,634.5 | 33% |
| Lot Size | 20,909 | 14,157 | 72% |
| Price | $409.9K | $389.5K | 58% |
| Price per sq ft | $300 | $247 | 77% |
| Built year | 1950 | 1963 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 295 | 0% |
Feb 18, 2026
$409,900
Initial Listing