2712 Penn Meade Dr, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
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Nashville, TN 37214
This Updated Nashville Cottage is a High-Potential Investment Opportunity, listed at $299,900—positioned well below the $351,783 Fair Market Value by 14%. This valuation gap provides $51,883 in Instant Equity for a move-in ready asset. Boasting a Condition Rating of 3, the home features a Granite Kitchen, New HVAC, and Updated Flooring. Located in the desirable Donelson area near Opryland and BNA, it offers a turnkey solution for those seeking a low-maintenance lifestyle. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2712 Penn Meade Dr Subject | $294,900* List Price | 3 | 2 | 970 | $318 | - |
A 2735 Penn Meade Dr Sold | $315,000 | 2 | 2 | 991 | $318 | 0.1 mi |
B 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.2 mi |
C 2735 Penn Meade Dr Sold | $315,000 | 2 | 2 | 991 | $318 | 0.1 mi |
D 3005 Penn Meade Way Sold | $245,000 | 2 | 1 | 800 | $306 | 0.3 mi |
E 3155 Penn Meade Way Active | $310,000 List Price | 3 | 2 | 925 | $335 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone extensive recent updates including a new HVAC system, granite countertops, updated flooring, and renovated bathrooms. While the 1988 structure retains some older elements like popcorn ceilings, the major systems and interior finishes have been well-maintained or replaced within the last 5-15 years, meeting the criteria for a 'good' condition score.
Situated in the desirable Donelson area, the property offers exceptional proximity to Downtown Nashville, BNA Airport, and major entertainment hubs like Opry Mills and Gaylord Opryland.
The home is move-in ready with significant upgrades including a new HVAC system, granite countertops, updated flooring, and renovated bathrooms, with all appliances included.
With its updated condition and sub-$300k price point in the Nashville market, this property serves as an excellent entry-level home or a low-maintenance rental for investors.
At just 970 square feet for a three-bedroom layout, the interior dimensions and individual room sizes are relatively small, which may feel cramped for larger households.
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which could be a concern for families prioritizing education.
New price on this charming home in a convenient Nashville location! Close to local restaurants, shopping, and major highways for an easy commute. Now priced to sell—come see it for yourself! Convenient Donelson location minutes to Downtown Nashville, BNA Airport, Opry Mills, Gaylord Opryland Resort, parks, and the Cumberland River. Cozy cottage with open layout and extensive updates including flooring, granite countertops, lighting, fixtures, bathrooms, and HVAC. Move-in ready with all appliances remaining, including NEW washer and dryer. Features a privacy-fenced backyard, outdoor shed, and concealed TV wiring above the fireplace. Great option for first-time buyers, investors, or roommate layout.
No exterior & parking available.
Grades PK-4 • 2.7 mi
Grades PK-4 • 4.4 mi
Grades 5-8 • 3.4 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 | 970 | 1,634.5 | 7% |
| Lot Size | 2,614 | 13,939 | 3% |
| Price | $294.9K | $389.5K | 22% |
| Price per sq ft | $304 | $247 | 78% |
| Built year | 1988 | 1963 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 294 | 0% |
Apr 16, 2026
$294,900
$299,900
-2% Price Drop
Initial Listing
Mar 7, 2026
$299,900
Initial Listing
May 31, 1996
$67,500
Public Record