
Nashville, TN 37215
This Turnkey Income-Generating Asset is listed at $349,900, representing a stable entry point at its $349,900 Fair Market Value. Situated in the prestigious Green Hills area, the property provides immediate cash flow via an active lease at $2,200 per month. Although it holds a Fair Condition Rating reflecting its 1967 origins, the interior features a fireplace and ceramic tile flooring. Zoned for the top-tier Glendale Elementary School (9/10), the location guarantees sustained tenant demand and appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Hillsboro Pike 20 Subject | $349,900* List Price | 2 | 3 | 1,280 | $273 | - |
A 2081 Stokes Ln Sold | $360,000 | 2 | 2 | 1,228 | $293 | 0.2 mi |
B 2081 Stokes Ln Sold | $360,000 | 2 | 2 | 1,228 | $293 | 0.2 mi |
C 2063 Stokes Ln Sold | $425,000 | 2 | 2 | 1,341 | $317 | 0.2 mi |
D 2306 Sharondale Dr Sold | $349,000 List Price | 2 | 3 | 1,360 | 0.6 mi | |
E 2063 Stokes Ln Sold | $425,000 | 2 | 2 | 1,355 | $314 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, this property is functional and currently tenant-occupied, but it shows significant signs of age. The interior features dated elements such as older carpeting, standard bi-fold closet doors, and basic fixtures. While the description mentions ceramic tile and a fireplace, the overall aesthetic and infrastructure reflect a property that has been maintained through regular upkeep rather than a comprehensive modern renovation. It meets the 'fair' criteria as an aged home that is livable but requires cosmetic and likely system updates to meet current market standards.
Elementary School: Glendale Elementary School (9/10).
Situated in the highly desirable Green Hills area, this property offers exceptional proximity to premier shopping, dining, and parks, ensuring high demand and long-term value.
The property is a turnkey investment with a tenant already in place paying $2,200 per month, providing immediate rental income for the new owner.
The monthly HOA fee of $394 is relatively high for this price point, which may impact the net return on investment and monthly affordability for some buyers.
Built in 1967, the property may require more frequent maintenance or updates to its core systems compared to newer residential developments in the Nashville market.
Here is an incredible investment opportunity or home for your family. This beautiful property is in the Green Hills area. It is minutes away from shopping, restaurants and parks. The tenants just signed another yearly lease for $2200 a month. It boast 2 bedrooms and 2 and a half baths with ceramic tiled floors and a fireplace in the living room.
No exterior & parking available.
Grades PK-4 • 2.0 mi
Grades 5-8 • 2.3 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,280 | 1,534 | 32% |
| Lot Size | 436 | 871 | 24% |
| Price | $349.9K | $425.0K | 32% |
| Price per sq ft | $273 | $300 | 28% |
| Built year | 1967 | 1985 | 4% |
| HOA | $394 | $338 | 60% |
| Days on market | 200 | 265 | 24% |
Oct 5, 2025
$349,900
Initial Listing