2741 Old Matthews Rd, Nashville, TN 37207, Nashville, 37207 - 3 bed, 2 bath
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2741 Old Matthews Rd
Nashville, TN 37207
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,080Sq Ft
0Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$250,000
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $250,000, which aligns with the $250,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers a fully renovated interior, including new flooring and updated fixtures, while the exterior presents a value-add opportunity for cosmetic improvements. With a large lot size of 7,841 sqft and proximity to Nashville, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready residence with long-term appreciation potential.
Estimated Market Value
$250,000
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2741 Old Matthews Rd Subject 3 bd · 2 ba · 1,080 sqft · $231 | $250,000* List Price | 3 | 2 | 1,080 | $231 | - |
A 2421 Grover St Sold 2 bd · 1 ba · 884 sqft · $282 · 0.5 mi | $249,000 | 2 | 1 | 884 | $282 | 0.5 mi |
B 613 Maclaurin Ct Active 3 bd · 2 ba · 1,025 sqft · $283 · 0.1 mi | $289,990 List Price | 3 | 2 | 1,025 | $283 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The interior has undergone a recent modern renovation (likely <5 years) featuring new laminate flooring, updated lighting, and a fully remodeled bathroom with new tile and fixtures. While the 1973 exterior shows cosmetic neglect and staining on the brickwork, the interior is in move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1080.
- Renovated Interior
The home features a recently updated interior, saving the buyer significant immediate repair costs and providing a move-in-ready living space.
- Exceptional Value & Incentives
Priced competitively for the Nashville market at $250,000, the property also offers access to up to $15,000 in down payment assistance for qualified buyers.
CONSRISKS & DEFICIENCIES
- Exterior Condition
The property is sold in 'As-Is' condition and requires cosmetic updates to the exterior, which may necessitate additional out-of-pocket investment after closing.
- Extended Market Time
With 151 days on the market, the listing may face buyer skepticism or perceived stagnation compared to faster-moving residential properties in the area.
About 2741 Old Matthews Rd
Why pay rent when you can own? The interior of this home has already been renovated, saving buyers thousands in immediate repair costs. While the exterior could use some cosmetic updates, the home is priced accordingly and offers tremendous value. Sold As-Is. Ask about potential down payment assistance programs offering up to $15,000 for qualified buyers. Affordable homeownership opportunity just minutes from Nashville.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Brick Church Middle School
Grades 5 • 0.7 mi
0/10
Alex Green Elementary School
Grades PK-4 • 3.2 mi
3/10
Joelton Elementary School
Grades PK-4 • 7.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,080 | 2,045.139 |
| Lot Size | - | 10,890 |
| Price | $250.0K | $556.0K |
| Price per sq ft | $231 | $305 |
| Built year | 1973 | 1971 |
| HOA | $0 | $133 |
| Days on market | 174 | 70 |
Pricing History
Listed for Sale
May 3, 2026
$250,000
Initial Listing