
Nashville, TN 37207
This Value-Add Residential Asset is listed at $350,000, representing a stable entry point aligned with its $345,090 Fair Market Value. Currently holding a Fair Condition Rating, the 1996 structure features a functional floor plan with dated finishes, providing a clear opportunity for forced appreciation through interior modernization. The property sits on an expansive 10,019 sqft lot with a private patio and no HOA constraints. Located four miles from downtown Nashville and walking distance to Tom Joy Elementary, it offers excellent commuter convenience. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2573 Slaydon Dr Subject | $350,000* List Price | 3 | 2 | 1,044 | $331 | - |
A 520 Norton Ave Sold | $380,000 | 3 | 1 | 1,164 | $326 | 0.4 mi |
B 2503 Allenwood Dr Sold | $275,000 | 3 | 1 | 950 | $289 | 0.2 mi |
C 520 Norton Ave E Sold | $380,000 | 3 | 1 | 1,164 | $326 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 28-year-old home falls squarely into the 'fair' category as it appears to be maintained but largely unrenovated. The interior features dated elements such as popcorn ceilings and builder-grade fixtures in the bathroom. While the property is functional and habitable, the lack of modern updates to the kitchen, bathrooms, and flooring, combined with the age of the structure (25-40 year range without major renovation), aligns with the criteria for a fair condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1044.
Situated just four miles from downtown Nashville with multiple access routes, this property offers an exceptionally convenient commute for urban professionals.
The absence of a Homeowners Association provides owners with greater property freedom and eliminates the burden of monthly association fees.
At 1,044 square feet for a three-bedroom configuration, the interior footprint is relatively small, which may result in tight bedroom and common area dimensions.
While the elementary school is well-rated, the zoned middle and high schools have low ratings, which could be a deterrent for families with older children.
This charming East Nashville home offers 3 bedrooms and 2 bathrooms, complete with an eat-in kitchen, laundry area with washer/dryer, and outside storage. The floor plan is perfect for working from home, accommodating roommates, or serving the busy professional on the go. Commuters will appreciate the quick four-mile journey to downtown via multiple routes. Enjoy walkable access to Oakwood Park and the zoned elementary school nearby. No HOA! Don’t wait—schedule your showing today!
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 0.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,044 | 1,495.5 | 15% |
| Lot Size | 10,019 | 8,712 | 64% |
| Price | $350.0K | $375.0K | 44% |
| Price per sq ft | $335 | $240 | 84% |
| Built year | 1996 | 1971 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 358 | 0% |
Mar 7, 2026
$350,000
Initial Listing
Oct 18, 1996
$67,900
Public Record
Jun 3, 1996
$10,500
Public Record
Dec 17, 1993
$8,500
Public Record