
Nashville, TN 37207
This Prime Investment Opportunity is a 3-bedroom, 2-bath single-family residence listed at $399,900—positioned well below the $410,759 Fair Market Value by 2%. This valuation gap offers $10,859 in Instant Equity. Featuring a Mint Condition Rating with a new 2026 HVAC, granite kitchen, and a large .4-acre corner lot with a deck, this home is move-in ready. Its proximity to the East Bank and Oracle headquarters makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2721 Jones Ave Subject | $399,900* List Price | 3 | 2 | 1,227 | $347 | - |
A 3036 Hillside Rd Active | $475,000 List Price | 2 | 2 | 1,160 | $409 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a comprehensive renovation within the last 5 years. Key updates include a brand new HVAC system (2026), a modern kitchen with granite countertops and stainless steel appliances, updated bathrooms, new windows, and a new concrete driveway, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1227.
The property is ideally positioned near popular East Nashville hotspots and major future developments, including Oracle's global headquarters and the East Bank corridor, offering high potential for long-term appreciation.
With a brand-new HVAC system installed in 2026, updated kitchen and bathrooms, and a new concrete driveway, the home offers modern comforts and reduced immediate maintenance costs for the buyer.
The assigned middle and high schools have low ratings (2/10), which may be a deterrent for families and could impact the property's competitive edge in the broader market.
At 1,227 square feet, the 1950s ranch layout may feel compact for modern buyers seeking larger primary suites or more expansive common areas.
** New HVAC installed Feb 2026! ** This classic 1950's 3 bed/2 bath ranch includes some tasteful updates (kitchen & bathroom), a primary en-suite, a large corner lot (.4 acres), a fenced-in backyard with a deck. Granite countertops, newer appliances, updated windows, hardwoods throughout, new concrete driveway for plenty of parking, open floor plan. Enjoy watching nature in your huge front yard from the lovely, large picture window. Also: great proximity to existing East Nashville gems: Folk, East Nashville Beer Works, Red Headed Stranger, Dive Motel, etc. Future East Bank and Dickerson Pike projects include Salt Ranch & the future East Bank/River North Corridor/Oracle's global headquarters.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 0.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,227 | - |
| Lot Size | 17,860 | - |
| Price | $399.9K | $556.8K |
| Price per sq ft | $326 | $306 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 54 | 484 |
May 14, 2026
$399,900
Initial Listing
Mar 28, 1996
$51,422
Public Record