318A Melvin Jones Dr, Nashville, TN 37217, Nashville, 37217 - 3 bed, 3 bath
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Nashville, TN 37217
This Stock Cooperative represents a Strong Value Opportunity, listed at $285,000—positioned well below the $295,027 Fair Market Value by 3%. This valuation gap offers $10,027 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is well-maintained with modern fixtures and low-maintenance requirements. Its strategic location near the airport and downtown provides excellent accessibility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready Nashville residence.
Property is move-in ready.
Built in 2009, this 17-year-old property falls within the 10-20 year age bracket. The interior appears well-maintained and move-in ready, featuring an updated bathroom vanity and modern fixtures that suggest recent maintenance or minor refreshes.
The property is ideally situated in a quiet area with convenient proximity to Nashville International Airport and easy access to the downtown Nashville core.
Built in 2009, this home is significantly newer than many surrounding properties, offering more modern building standards and reduced immediate maintenance needs.
At $285,000 for a 3-bedroom, 3-bathroom home, this property offers an affordable entry point into the Nashville market compared to the city's median home prices.
With 1,200 square feet divided among three bedrooms and three bathrooms, the interior layout may feel cramped with smaller individual room dimensions.
As a Stock Cooperative, the property may present challenges for traditional financing and typically appeals to a more limited pool of buyers compared to fee simple ownership.
This is a nice home in a very quiet area, a place close to the airport and easy access to the downtown area. This home does not require a lot of outside maintenance, schedule your showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 75% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,200 | 1,107 | 50% |
| Lot Size | 10,890 | 871 | 75% |
| Price | $285.0K | $270.0K | 50% |
| Price per sq ft | $238 | $244 | 50% |
| Built year | 2009 | 1995 | 50% |
| HOA | $0 | $131 | 25% |
| Days on market | 15 | 320 | 25% |
Jun 5, 2026
$285,000
Initial Listing