249 Fairway Dr, Nashville, TN 37214, Nashville, 37214 - 4 bed, 2 bath
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Nashville, TN 37214
Analysis of 249 Fairway Dr, Nashville, TN 37214 is currently available with a list price of $0. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1960 and sold as an estate auction, the property requires significant rehab. While the kitchen and one bathroom have received partial updates, the home features substantial wall damage, unfinished electrical outlets, and original wood paneling and flooring. The listing explicitly states the property is in need of more updates and improvements, making it a renovation project rather than move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19602, living area = 2148.
Situated in the desirable Merry Oaks neighborhood, the property offers exceptional proximity to downtown Nashville, the airport, and major shopping hubs like Opry Mills.
With a generous 19,602 sqft lot and over 2,100 sqft of living space, this estate provides a significant opportunity for value-add renovation or long-term investment.
The sale requires a 10% buyer's premium and a 10% down payment on the day of the auction, which may limit financing options for some buyers.
Despite partial updates, the property requires further improvements and modernization throughout, necessitating additional capital investment beyond the purchase price.
Home to sell at public auction on Saturday, June 20th at 10am. Estate Auction First time offered to the public in 55 years! Don’t miss this opportunity to purchase a 4 bedroom, 2 bath home located in the desirable Merry Oaks Neighborhood of East Nashville. With a remodeled kitchen and bath this property is still in need of more updates and improvements but offers tremendous potential for renovation or investment. Conveniently located just minutes from downtown Nashville, Nashville International Airport, Opry Mills, and I-40. Opportunity awaits in one of Nashville’s most sought-after areas! TERMS: 10% down day of sale, balance due in 30 days. 10% Buyer’s Premium added to bid to determine final sale price. TAXES: Prorated POSSESSION: With Deed
No exterior & parking available.
Grades K-4 • 0.4 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,148 | 1,598 | 73% |
| Lot Size | 19,602 | 14,810 | 65% |
| Price | $0 | $362.5K | 16% |
| Price per sq ft | $0 | $247 | 16% |
| Built year | 1960 | 1966 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 301 | 1% |
No pricing history data available.