
Nashville, TN 37214
This Versatile Income-Generating Property is a High-Potential Investment Opportunity, listed at $699,900—positioned above the $668,944 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3 with a new roof and a fully furnished income-generating suite providing $1,300/mo in passive revenue. Its large 18,295 sqft lot and proximity to BNA Airport and Downtown Nashville offer significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack in a prime Donelson location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2913 Fernbrook Ln Subject | $640,000 | 4 | 3 | 2,631 | $229 | - |
A 3008 Windemere Cir Sold | $715,000 | 4 | 3 | 2,281 | $313 | 0.3 mi |
B 2922 Fernbrook Ln Active | $660,000 List Price | 3 | 2 | 2,456 | $269 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the home has undergone significant renovations within the 5-15 year range. It features a modern kitchen with stainless steel appliances and updated cabinetry, well-maintained original hardwoods, and a brand-new roof. The property is move-in ready and includes a functional, updated income-generating suite.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 2631.
The property features an attached, fully furnished apartment currently generating $1,300 per month, offering a turnkey opportunity for passive income or house-hacking.
Ideally situated in the Donelson area, the home is just 10 minutes from BNA Airport and 15 minutes from Downtown Nashville, providing excellent accessibility.
The assigned middle and high schools carry low ratings (3/10), which may deter families who prioritize high-performing public school districts.
With 66 days on the market, the property is exceeding average turnover times, suggesting the current price point may be high for the specific subdivision and age of the home.
A true gem in a prime Donelson location! This stunning home perfectly blends classic charm with modern income potential. Inside, you’ll find gorgeous original hardwood floors and a layout that flows effortlessly to your private backyard haven, featuring a newly built screened-in porch perfect for relaxing. The standout feature is the attached, fully furnished apartment, currently generating $1,300/mo in passive income—ideal for an Airbnb, long-term rental, or guest suite. Enjoy a tranquil retreat just minutes from the best of Nashville. Smart investing meets stylish living! NEW ROOF as well! 15 minutes from Downtown Nashville, 10 minutes from BNA Airport, Less than 5 minutes from Two Rivers Golf Course (Preferred lender is offering up to 1% of loan amount towards closing costs.)
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 1.3 mi
Grades 5-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,631 | 2,093.129 |
| Lot Size | 18,295 | 10,890 |
| Price | $640.0K | $568.3K |
| Price per sq ft | $243 | $307 |
| Built year | 1960 | 1971 |
| HOA | $0 | $137 |
| Days on market | 177 | 69 |
May 24, 2026
$674,900
$699,900
-4% Price Drop
Initial Listing
Mar 16, 2026
$699,900
Initial Listing