2920 Ironwood Dr, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
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2920 Ironwood Dr
Nashville, TN 37214
ACTIVE
CONDITION: POOR
3Beds
2Baths
975Sq Ft
10,890Lot Size
Property Price
LIST PRICE$332,000
EST. MARKET VALUE
$282,421
17% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $339,000—positioned well below the $252,508 Fair Market Value by -34%. While the home carries a Fair Condition Rating due to its 1953 vintage infrastructure, the expansive 10,890 sqft lot provides significant upside for structural expansion. This asset requires a comprehensive renovation to modernize its systems and footprint. It is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a competitive market.
Estimated Market Value
$282,421
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 |
|---|---|---|---|---|---|---|
★ 2920 Ironwood Dr Subject | $332,000* List Price | 3 | 2 | 975 | $290 | - |
A 2932 Emery Dr Sold | $290,000 | 2 | 1 | 1,195 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1953 (71 years old), the property shows only surface-level cosmetic updates such as paint and flooring. The exterior, roof, and windows appear significantly aged, suggesting that major systems (HVAC, electrical, and plumbing) likely exceed their functional lifespan and require a full rehab.
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 = 10890, living area = 975.
- Competitive Entry-Level Pricing
Priced at $339,000, this property offers a highly accessible entry point into the Nashville market, making it an ideal opportunity for first-time homebuyers or savvy investors.
- Generous Lot Size
The property features a substantial 10,890 sqft lot, providing significant outdoor space for recreation, gardening, or potential future structural expansions in the Cloverhill subdivision.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At just 975 square feet for a three-bedroom configuration, the living areas and bedrooms are likely to feel undersized, which may limit appeal for families needing more space.
- Vintage Infrastructure
Constructed in 1953, the home may require updates to major systems and cosmetic modernization to meet the expectations of contemporary buyers and improve energy efficiency.
About 2920 Ironwood Dr
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 10,890 Sq. Ft.
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
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 | 975 | 2,093.129 |
| Lot Size | 10,890 | 10,890 |
| Price | $332.0K | $568.3K |
| Price per sq ft | $341 | $307 |
| Built year | 1953 | 1971 |
| HOA | $0 | $137 |
| Days on market | 115 | 69 |
Pricing History
Listed for Sale
Aug 29, 2026
$332,000
$332,500
+0% Price Increase
Initial Listing
Price Change
Jun 29, 2026
$332,500
$335,000
-1% Price Drop
Initial Listing
Price Change
May 31, 2026
$335,000
$339,000
-1% Price Drop
Initial Listing
Price Change
May 17, 2026
$339,000
Initial Listing