
Nashville, TN 37214
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2920 Ironwood Dr Subject | $335,000* List Price | 3 | 2 | 975 | $267 | - |
A 2927 Sinbad Dr Sold | $271,500 List Price | 3 | 1 | 1,008 | 0.1 mi | |
B 407 Cottonwood Dr Sold | $280,000 | 2 | 1 | 816 | $343 | 0.3 mi |
C 3213 Cloverwood Dr Sold | $290,000 | 3 | 2 | 1,125 | $258 | 0.8 mi |
D 3140 Boulder Park Dr Sold | $315,000 | 3 | 1 | 1,056 | $298 | 0.7 mi |
E 2902 Teakwood Dr Active | $349,900 List Price | 2 | 1 | 860 | $407 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 975 | 1,587 | 10% |
| Lot Size | 10,890 | 14,810 | 36% |
| Price | $335.0K | $362.5K | 40% |
| Price per sq ft | $344 | $251 | 91% |
| Built year | 1953 | 1966 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 301 | 1% |
May 31, 2026
$335,000
$339,000
-1% Price Drop
Initial Listing
May 17, 2026
$339,000
Initial Listing