3020 3022 Fernbrook Lane, Nashville, TN 37214, Nashville, 37214 - 0 bed, 0 bath
Loading property details...
Nashville, TN 37214
Analysis of 3020 3022 Fernbrook Lane, Nashville, TN 37214 is currently available with a list price of $650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1977 (47 years old), the property is functional and currently income-producing but shows significant dating. Interior images reveal original-style 4x4 bathroom wall tiles, dated fixtures, and popcorn ceilings. While some laminate flooring appears newer, the core systems and aesthetic reflect a 20-30+ year old renovation state, requiring modernization to meet current market standards.
This unique quadruplex boasts a historically near 100% occupancy rate and a turnkey setup with a CAM fee structure that covers essential utilities, ensuring immediate cash flow for investors.
Situated minutes from BNA Airport, downtown Nashville, and Opry Mills, the property’s prime location offers high demand and convenience for tenants.
The property features a rare one-level design with no steps across all four units, situated on a generous nearly one-acre lot, providing ease of access and significant outdoor space.
The property is being sold in as-is condition, which may necessitate immediate out-of-pocket expenses for repairs or modernization that are not covered by the seller.
Restricted to cash or conventional financing only, this requirement limits the potential buyer pool by excluding those utilizing FHA, VA, or other government-backed loan programs.
Attention INVESTORS! Rare Opportunity to own this Unique Property that’s never been listed before! - Nothing like it on the market in all of Davidson county – ONE level-No steps-Offers 4 Units: Two 1-Bedrooms & Two Studios-This is a turnkey, income-producing asset sitting on almost an acre lot-Pictures shown are for Unit #3 (Studio) and Unit #4 (1 Bedroom) but layouts are exactly the same as #1 and #2 -Shared Laundry Room-Each tenant pays a $125 CAM fee in addition to the monthly rent-this fee includes water, trash, covered parking, and use of the washer/dryer & electric for laundry room-Rent amounts listed do NOT include the CAM fee-Occupancy Rate typically near 100%-2 car carports on each end for assigned parking-Great neighborhood & Phenomenal Location! Quick access to BNA Airport & downtown Nashville and just minutes from Opry Mills & Two Rivers Golf Course Property being sold AS-IS-Cash or Conventional financing Only-Please do not disturb tenants!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,860 | - |
| Lot Size | - | - |
| Price | $650.0K | $576.7K |
| Price per sq ft | $349 | $226 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 17 | 736 |
Jun 8, 2026
$650,000
Initial Listing