
Nashville, TN 37214
This Strong Value Opportunity is a Single Family Residence listed at $275,000, positioned slightly above the $270,649 Fair Market Value. While not a deep discount, the property offers a proven rental history of $1,650/month, making it a stable Buy-and-Hold Investor asset. Featuring a Fair Condition Rating and a unique Waterfront Setting with direct pond access, the home provides immediate income potential. With its proximity to BNA and Downtown, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2547 Sonar St Subject | $275,000* List Price | 2 | 1 | 868 | $312 | - |
A 1134 Alandee St Sold | $250,000 | 2 | 1 | 808 | $309 | 0.1 mi |
B 2632 River Meade Way Sold | $280,000 | 3 | 2 | 1,111 | $252 | 0.1 mi |
C 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.1 mi |
D 3058 Penn Meade Way Active | $315,000 List Price | 3 | 2 | 948 | $332 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the home is 21 years old, placing it just into the 'Fair' category. While the interior shows some updates like newer LVP flooring and a modern bathroom vanity, the almond-colored fiberglass tub surround and overall age of the structure suggest original systems and dated finishes that will soon require minor repairs or modernization.
The property features direct pond access and a fully fenced backyard with serene water views, offering a unique outdoor lifestyle and peaceful atmosphere rarely found at this price point.
With a proven rental history of $1,650 per month and a prime location near BNA Airport and Downtown Nashville, this home presents an excellent turn-key opportunity for investors seeking consistent yield.
Conveniently situated minutes from Opry Mills, Two Rivers Dog Park, and major transit routes, the home offers residents easy access to Nashville's top shopping, dining, and entertainment hubs.
At just 868 square feet with only one bathroom, the compact layout may limit the property's appeal to larger families or buyers requiring more living space and privacy.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which could be a deterrent for families prioritizing long-term educational stability.
Enjoy beautiful pond views and direct pond access right from your backyard! This charming one-level home offers a fully fenced backyard overlooking the neighborhood pond—a peaceful setting to relax outdoors, enjoy the water views, or go fishing just steps from your home. Featuring 2 bedrooms, 1 bathroom, and 868 square feet, the home offers a bright and inviting open floor plan, spacious walk-in closets, and a kitchen with modern recessed lighting and a functional layout. GREAT INVESTMENT OPPORTUNITY! This home was previously leased for $1,650/month, offering excellent rental-income potential for investors! Conveniently located in desirable Donelson, just minutes from Opry Mills, Two Rivers Dog Park, Wave Country, BNA Airport, Downtown Nashville, shopping, dining, and entertainment. A wonderful opportunity to enjoy comfortable one-level living with a beautiful waterfront setting and investment potential!
No exterior & parking available.
Grades PK-4 • 2.9 mi
Grades PK-4 • 4.6 mi
Grades 5-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 868 | 2,093.129 |
| Lot Size | 3,049 | 10,890 |
| Price | $275.0K | $568.3K |
| Price per sq ft | $317 | $307 |
| Built year | 2003 | 1971 |
| HOA | $12 | $137 |
| Days on market | 24 | 69 |
Aug 16, 2026
$275,000
Initial Listing