
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $739,000—positioned well below the $766,733 Fair Market Value by 3%. This valuation gap offers $27,733 in Instant Equity. Featuring a Condition Rating of 2, the home is fully renovated and turn-key. The R6 Zoning allows for a second dwelling, providing significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing asset in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2913 Glenmeade Dr Subject | $739,000* List Price | 4 | 3 | 2,200 | $349 | - |
A 3111 Oxford St Sold | $907,500 | 4 | 3 | 2,424 | $374 | 0.2 mi |
B 1203 McChesney Ave Sold | $850,000 | 4 | 3 | 1,998 | $425 | 0.8 mi |
C 1003 Thomas Ave Sold | $650,000 | 3 | 2 | 2,022 | $321 | 0.7 mi |
D 2221 Thistlewood Dr Sold | $735,900 | 4 | 4 | 2,098 | $351 | 0.6 mi |
E 3906 Oxford St Sold | $785,000 | 3 | 3 | 2,231 | $352 | 1.0 mi |
F 3906 Oxford St Sold | $785,000 | 3 | 3 | 2,338 | $336 | 1.0 mi |
G 2221 Thistlewood Dr Sold | $735,900 | 4 | 4 | 2,098 | $351 | 0.6 mi |
H 1610 Riverside Dr Active | $699,500 List Price | 4 | 3 | 2,180 | $321 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1945, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features modern finishes, updated bathrooms with contemporary fixtures, and a turn-key, mint-condition presentation.
The property is zoned R6, allowing for the construction of a second home on the lot, which provides significant value-add potential for investors or multi-generational living.
Situated in a highly walkable area near trendy East Nashville hotspots like Sho Pizza Bar and Village Pub, with quick access to downtown Nashville and Nissan Stadium.
The home has been thoughtfully renovated with modern finishes, an open-concept layout, and fresh paint, making it move-in ready with a proven rental history of $3,500 per month.
Originally constructed in 1945, the property may have underlying aged infrastructure or maintenance requirements typical of older homes despite the modern interior renovations.
While the R6 zoning allows for a second dwelling, the 8,712 sqft lot size may result in limited outdoor space and reduced privacy if a second structure is added.
LOCATION!!!! This renovated home is zoned R6 with the ability to build a second home on the lot! Live in one and build another... or rent existing and build a second. Lots of possibilities! Walking distance to trendy hot spots like Sho Pizza Bar and Village Pub and Beer Garden, minutes to hot spots like Riverside Village, Five Points, Shelby Bottoms, downtown Nashville and Nissan Stadium. Home has been thoughtfully renovated with modern finishes throughout. Main floor boasts primary bedroom with a huge, modern bathroom and two guests rooms that share a full bath. Open concept living with den and kitchen- perfect for entertaining. Upstairs you'll enjoy a rec room, laundry area, half bath and another bedroom. This home is perfect for families or as a rental. Plenty of parking space. Fresh paint and modern touches make this place completely turn key and ready to move in. Owner Financing Available with min 10% down. Lower than bank interest rates. Message agent for more details. Home was recently a rental and earned $3500 a month. Home is virtually staged
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,200 | 2,093.129 |
| Lot Size | 8,712 | 10,890 |
| Price | $739.0K | $568.3K |
| Price per sq ft | $336 | $307 |
| Built year | 1945 | 1971 |
| HOA | $0 | $137 |
| Days on market | 8 | 69 |
Sep 1, 2026
$739,000
Initial Listing