245 Welch Rd, Nashville, TN 37211, Nashville, 37211 - 4 bed, 2 bath
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Nashville, TN 37211
This Renovated Dual-Income Residential Asset is listed at $499,900, positioned to reflect its turnkey status and immediate cash flow potential against a $439,257 Fair Market Value. Boasting a Condition Rating of 3, the home features refinished hardwoods and a remodeled kitchen with butcher block countertops. The property’s primary strength is the fully finished basement with a second kitchen, currently generating $2,500 in monthly rental income. Located in South Nashville near the Zoo and local schools, this home offers exceptional versatility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Welch Rd Subject | $499,900* List Price | 4 | 2 | 1,900 | $231 | - |
A 3679 Richbriar Cir Sold | $394,900 | 4 | 2 | 1,800 | $219 | 0.6 mi |
B 4947 Sherman Oaks Dr Sold | $450,000 | 4 | 3 | 2,080 | $216 | 0.8 mi |
C 4947 Sherman Oaks Dr Sold | $450,000 | 4 | 3 | 2,080 | $216 | 0.8 mi |
D 4931 Sherman Oaks Dr Sold | $500,000 | 4 | 2 | 1,846 | $271 | 0.8 mi |
E 3686 Richbriar Cir Sold | $360,000 | 3 | 2 | 1,827 | $197 | 0.7 mi |
F 4820 Overcrest Dr Sold | $389,500 List Price | 4 | 3 | 2,075 | 0.9 mi | |
G 436 Jessie Dr Active | $419,900 List Price | 4 | 3 | 1,662 | $253 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent renovations, including a newer roof, fresh interior and exterior paint, and beautifully refinished hardwood floors. The kitchen has been updated with new cabinetry and butcher block countertops. While some renovation details, such as the bathroom tiling and wall finishing, appear to be budget-conscious or DIY in style, the home is well-maintained, fully functional, and currently generates rental income.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1900.
The fully finished basement with a second kitchen, living area, and two additional rooms offers exceptional flexibility for rental income, a guest suite, or multi-generational living.
The property features significant recent upgrades including a newer roof, fresh interior and exterior paint, refinished hardwoods, and a remodeled kitchen with modern butcher block countertops.
The home is currently tenant-occupied with residents who wish to remain, which may complicate the timeline for buyers seeking immediate owner-occupancy.
With three bedrooms on the main level sharing only one full bathroom, the layout may feel restrictive for modern families compared to contemporary master-suite designs.
Newly renovated colonial in the heart of South Nashville! Main floor features 3 bedrooms and a full bath, remodeled Kitchen with butcher block countertops and new cabinetry, spacious living room. Basement features: Full kitchen with 2 additional rooms downstairs with full bath, laundry and living room. New paint throughout including exterior, newer roof, beautifully refinished hardwoods throughout. Super convenient location to shopping, restaurants and schools. Zoo is nearby. Currently tenant occupied for $2500 per month. Tenants would like to remain in place.l
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,900 | 1,827 | 52% |
| Lot Size | 12,632 | 11,761 | 53% |
| Price | $499.9K | $449.9K | 63% |
| Price per sq ft | $263 | $238 | 61% |
| Built year | 1965 | 1968 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 474 | 0% |
Feb 17, 2026
$499,900
Initial Listing