
Nashville, TN 37214
Analysis of 2721 Penn Meade Dr, Nashville, TN 37214 is currently available with a list price of $575,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and has undergone significant recent updates. Key features include modern LVP flooring throughout, a kitchen equipped with stainless steel appliances and updated white cabinetry, and refreshed bathrooms with contemporary vanities. Additionally, the listing notes brand-new HVAC units (2025/2026). While the 1986 structure retains some dated elements like popcorn ceilings, the overall condition is well-maintained and functional for immediate occupancy or rental.
The property is ideally situated near Opryland with a quick commute to Downtown Nashville, making it highly attractive for both commuters and potential renters.
With new HVAC units installed in 2025/2026 and updated one-level living, the property offers reduced immediate maintenance costs and improved energy efficiency.
As a duplex with existing rental income and low HOA dues, this property provides a turnkey opportunity for investors seeking immediate cash flow in a desirable area.
The property is currently tenant-occupied with strict 'do not disturb' instructions, which can complicate the showing process and delay possession for owner-occupants.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which may be a concern for families prioritizing education.
Updated One Level Living in great location near Opryland with quick commute to Downtown Nashville. Fenced in Backyard, Driveway for parking Low HOA Dues. New HVAC Units 2025/2026, Currently rented - DO NOT DISTURB TENANTS. Contact Agent for further details.
No exterior & parking available.
Grades PK-4 • 2.7 mi
Grades PK-4 • 4.4 mi
Grades 5-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,872 | 2,396 | 50% |
| Lot Size | - | 6,969.5 | 50% |
| Price | $575.0K | $501.5K | 50% |
| Price per sq ft | $200 | $212 | 50% |
| Built year | 1986 | 1984 | 50% |
| HOA | $65 | $32 | 50% |
| Days on market | 16 | 887 | 50% |
Apr 6, 2026
$575,000
Initial Listing