
Nashville, TN 37214
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $480,900 Fair Market Value by 1%. This valuation gap offers $5,900 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full renovation, yet offers significant upside through its 43,996 sq. ft. lot and finished basement with second kitchen. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Donelson area.
Property is extensive renovation needed.
Built in 1960 with no significant updates in over 30 years; features original wood paneling, dated linoleum, and orange shag carpet. The listing explicitly states the home is 'ready for renovation' and being sold 'as-is,' indicating a need for a full rehab of the kitchens, baths, and interior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 2324.
The finished basement features a full second kitchen, den, and recreation room, offering excellent flexibility for extended family, guests, or potential rental income.
The property includes a detached garage and a large carport accommodating up to four vehicles, providing rare and ample covered parking and storage space for the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home is being sold in as-is condition and requires a full renovation, which will necessitate a significant additional investment of time and capital for updates.
Built in 1960, the property likely requires modernization of major systems and cosmetic finishes to meet contemporary standards and buyer expectations.
Opportunity awaits at 2501 Sherman Ct! Situated on a cul-de-sac lot, this property offers plenty of potential for buyers looking to make it their own. The main level features 3 bedrooms, 1.5 baths, a spacious eat-in kitchen, and a comfortable living room. The large finished basement adds exceptional flexibility with a spacious recreation room that could serve as an additional bedroom, a generously sized room ideal for a home office, a full second kitchen with an adjoining den, and a separate utility room. This versatile lower level offers numerous possibilities for entertaining, guests, extended family, or additional living space. Outside, enjoy a nice-sized lot, a detached garage, and a spacious carport accommodating up to four vehicles, providing ample covered parking and storage possibilities. Conveniently located in the Donelson area with easy access to Opry Mills, Gaylord Opryland, Nashville International Airport, shopping and dining along Lebanon Pike, and downtown Nashville. The home is ready for renovation and offers a wonderful opportunity to update and customize to your vision. Property is being sold as-is. Bring your ideas and make this one your own! Unbranded Virtual tour - https://www.zillow.com/view-imx/36f41391-a561-4d72-aa4c-a14a1c1c24a7?wl=true&setAttribution=mls&initialViewType=pano Unbranded Drone - https://media.zillowmediaexperts.com/videos/01a16dbf-8db9-7326-a8e3-3a4d3824f0ee
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades PK-4 • 3.0 mi
Grades 5-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,324 | 2,045.139 |
| Lot Size | 43,996 | 10,890 |
| Price | $475.0K | $556.0K |
| Price per sq ft | $204 | $305 |
| Built year | 1960 | 1971 |
| HOA | $0 | $133 |
| Days on market | 5 | 70 |
Oct 23, 2026
$475,000
Initial Listing