3245 Niagara Dr, Nashville, TN 37214, Nashville, 37214 - 4 bed, 2 bath
Loading property details...
3245 Niagara Dr
Nashville, TN 37214
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,686Sq Ft
9,583Lot Size
Property Price
LIST PRICE$434,900
EST. MARKET VALUE
$404,232
7% AboveMARKET VALUE
SUMMARY
This Nashville duplex represents a Strong Value Opportunity, listed at $434,900—positioned above the $404,232 Fair Market Value. While priced at a premium, the property offers immediate cash flow with a combined $3,050 monthly rental income potential. Featuring a Condition Rating of 3, the duplex includes a freshly renovated unit and a large 9,583 sqft lot. This asset provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies to offset mortgage costs through rental income.
Estimated Market Value
$404,232
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 |
|---|---|---|---|---|---|---|
★ 3245 Niagara Dr Subject | $434,900* List Price | 4 | 2 | 1,686 | $240 | - |
A 3213 Cloverwood Dr Sold | $410,000 | 4 | 3 | 1,445 | $284 | 0.5 mi |
B 3021 Blackwood Dr Sold | $310,000 | 3 | 2 | 1,463 | $212 | 0.4 mi |
C 3111 Boulder Park Dr Sold | $320,000 | 3 | 2 | 1,475 | $217 | 0.5 mi |
D 3112 Lumberjack Rd Sold | $360,000 | 3 | 2 | 1,248 | $288 | 0.6 mi |
E 2808 Blackwood Dr Sold | $312,000 | 3 | 2 | 1,386 | $225 | 0.3 mi |
F 3403 Green Ridge Dr Sold | $315,000 | 3 | 1 | 1,423 | $221 | 1.0 mi |
G 3403 Green Ridge Dr Sold | $315,000 | 3 | 1 | 1,423 | $221 | 1.0 mi |
H 749 Fitzpatrick Rd Active | $399,900 List Price | 4 | 2 | 1,875 | $213 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1980 but features a recent renovation including new LVP flooring and fresh paint. While the bathroom fixtures (tub/surround) appear older and show some wear, the property is well-maintained, functional, and move-in ready.
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 = 9583, living area = 1686.
- Immediate Income & Flexibility
This duplex offers immediate cash flow with one unit already leased and the second unit freshly renovated, providing a turnkey opportunity for investors or owner-occupants looking to house-hack.
- Strategic Location
The property is ideally situated with convenient access to I-40, Downtown Nashville, and the airport, making it highly attractive to a large pool of commuters and professional tenants.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1980, the property may require more frequent maintenance or future updates to major systems like plumbing and electrical compared to newer multifamily builds.
- Compact Living Space
With a total of 1,686 square feet split between two units, the individual residences are relatively small, which may limit the tenant profile to smaller households or individuals.
About 3245 Niagara Dr
INVESTOR OPPORTUNITY! Recently renovated Nashville duplex with immediate income in place and additional rental upside. Each unit features 2 bedrooms and 1 bathroom, with one side currently leased and the second side freshly renovated, vacant, and ready for a new tenant or owner-occupant. When fully occupied, the property generated a combined $3,050 per month in rental income. Investors can begin collecting rent from day one while leasing the vacant unit and bringing the property back to full stabilization. Owner-occupants can live in the renovated side while using the neighboring unit’s income to help offset their monthly payment. With 1,686 total square feet, recent improvements, two separate residences, and convenient access to I-40, Downtown Nashville, the airport, and major employment centers, this is a compelling multifamily opportunity with income, flexibility, and long-term potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,686 | 2,056.5 |
| Lot Size | 9,583 | 10,890 |
| Price | $434.9K | $582.5K |
| Price per sq ft | $258 | $312 |
| Built year | 1980 | 1972 |
| HOA | $0 | $130 |
| Days on market | 32 | 304 |
Pricing History
Listed for Sale
Jul 24, 2026
$434,900
Initial Listing