2223 Fernwood Dr, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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Nashville, TN 37216
This Charming Inglewood Cottage represents a Strong Value Opportunity, listed at $365,000—positioned well below the $380,205 Fair Market Value by 3%. This valuation gap offers $15,205 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new 2024 HVAC system and original hardwood floors. While the compact footprint and local school ratings are considerations, the spacious 11,326 sqft lot provides significant upside. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2223 Fernwood Dr Subject | $355,000* List Price | 2 | 1 | 962 | $369 | - |
A 2226 Stratford Ave Sold | $370,000 | 2 | 1 | 840 | $440 | 0.3 mi |
B 2215 Fernwood Dr Sold | $400,000 | 2 | 2 | 1,330 | $301 | 0.0 mi |
C 2217 Pinewood Rd Sold | $290,000 | 2 | 1 | 800 | $363 | 0.3 mi |
D 2411 Milton Dr Sold | $440,000 | 3 | 2 | 1,215 | $362 | 0.4 mi |
E 2215 Fernwood Dr Sold | $400,000 | 2 | 2 | 1,330 | $301 | 0.0 mi |
F 1607 Litton Ave Sold | $430,000 | 3 | 1 | 1,040 | $413 | 0.8 mi |
G 1525 Norvel Ave Sold | $435,000 | 3 | 1 | 1,007 | $432 | 0.6 mi |
H 1525 Norvel Ave Sold | $435,000 | 3 | 1 | 1,007 | $432 | 0.6 mi |
I 1407 Stratford Ave Active | $435,000 List Price | 2 | 1 | 1,139 | $382 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property is meticulously maintained and move-in ready. It features a brand-new HVAC system (2024), updated stainless steel kitchen appliances, and refinished original hardwood floors. The interior paint and fixtures suggest a renovation within the last 5-15 years, meeting the criteria for a well-maintained, functional home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 962.
Situated in the heart of desirable Inglewood, this property is just one mile from Shelby Bottoms Greenway and six miles from Downtown Nashville, offering a perfect balance of quiet residential living and urban convenience.
The home features a brand-new HVAC system installed in 2024 and updated stainless steel appliances, providing peace of mind and reducing immediate maintenance costs for the new owner.
With under 1,000 square feet of living space and only one bathroom, the home's compact footprint may be a constraint for growing families or those requiring a dedicated home office.
The assigned elementary and high schools currently have low ratings (2/10), which could be a deterrent for education-focused buyers and may impact future resale velocity.
Charming cottage in the heart of Inglewood/East Nashville. 2 bedrooms/1 bathroom. Meticulously maintained! Just 1 short mile from Shelby Bottoms Greenway & only 6 miles to Downtown! Enjoy living tucked away in an awesome, quiet section of desirable Inglewood! Close to Riverside Village & East Nashville's best bites & boutiques. Home boasts original hardwood floors & great natural light throughout! New HVAC installed in 2024. Adorable kitchen w/ stainless steel appliances. HUGE, Fully-fenced backyard on spacious lot w/ plenty of off street parking.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 962 | - |
| Lot Size | 11,326 | - |
| Price | $355.0K | $556.8K |
| Price per sq ft | $369 | $306 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 484 |
Jul 7, 2026
$355,000
$360,000
-1% Price Drop
Initial Listing
Jun 19, 2026
$360,000
$365,000
-1% Price Drop
Initial Listing
Apr 21, 2026
$365,000
Initial Listing
Sep 2, 1994
$57,500
Public Record