
Nashville, TN 37211
This property presents a High-Potential Investment Opportunity with a List Price of $558,900—positioned well above the $506,212 Fair Market Value by -10%. While priced above current estimates, the Fair Condition Rating is bolstered by a new 2022 roof and 2024 windows. The expansive 11,326 sqft lot and potential for redevelopment alongside the adjacent parcel offer significant upside for Buy-and-Hold Investors or Contractors. Its strategic location near I-24 ensures strong long-term rental demand despite the modest school ratings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 273 Richbriar Rd Subject | $558,900* List Price | 3 | 3 | 2,776 | $182 | - |
A 4824 Blue Springs Dr Active | $499,900 List Price | 3 | 3 | 2,527 | $198 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is structurally functional with significant recent system updates including a new roof (2022) and new windows (2024). However, the kitchen and bathrooms are dated with older cabinetry and vinyl flooring, requiring modernization. While the listing mentions redevelopment potential, the recent maintenance and 2026 interior paint make it move-in ready but aesthetically aged.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2776.
The property features significant capital improvements including a new roof (2022), new exterior windows (2024), and fresh interior paint (2026), reducing immediate maintenance costs for the buyer.
With a large lot and the specific mention of redevelopment potential alongside the adjacent property, this site offers a unique opportunity for investors looking to reconstruct or expand in a growing area.
Built in 1967, the home may require additional updates to its internal systems or floor plan to meet modern aesthetic and functional standards beyond the recent cosmetic and structural repairs.
The assigned public schools have ratings ranging from 3 to 4, which may be a consideration for families prioritizing high-performing educational districts.
Great, convenient location in Nashville, TN, with easy access to I-24, downtown, and nearby shopping centers. This property offers excellent investment potential, including the possibility of redevelopment or reconstruction in conjunction with the property at 271 Richbriar Rd. Freshly painted throughout the entire home in July 2026. Major updates include a new roof installed in 2022 and new exterior windows replaced in 2024. Transferable warranties may be available for these improvements. Buyers and agents are encouraged to independently verify warranty coverage, transferability, and all other pertinent information.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,776 | 2,093.129 |
| Lot Size | 11,326 | 10,890 |
| Price | $558.9K | $568.3K |
| Price per sq ft | $201 | $307 |
| Built year | 1967 | 1971 |
| HOA | $0 | $137 |
| Days on market | 17 | 69 |
Aug 23, 2026
$558,900
Initial Listing