3289 Hinkle Dr, Nashville, TN 37218, Nashville, 37218 - 3 bed, 1 bath
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Nashville, TN 37218
This Value-Add Mid-Century Residence presents a Prime Investment Opportunity with a List Price of $295,000—positioned well below the $301,078 Fair Market Value by 2%. This valuation gap offers $6,078 in Instant Equity for buyers ready to execute a modernization plan. Currently holding a Condition Rating of 5, the property requires substantial rehabilitation but features a spacious 9,148 sqft lot and proximity to Cumberland Elementary School. This is a strategic acquisition for Fix-and-Flip Investors or first-time buyers looking to build wealth through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3289 Hinkle Dr Subject | $295,000* List Price | 3 | 1 | 1,250 | $241 | - |
A 3208 Mayer Ln Sold | $299,000 | 3 | 2 | 1,276 | $234 | 0.2 mi |
B 3260 Hinkle Dr Sold | $300,000 | 3 | 2 | 1,250 | $240 | 0.1 mi |
C 3260 Hinkle Dr Sold | $300,000 | 3 | 2 | 1,250 | $240 | 0.1 mi |
D 3237 Briarwick Dr Sold | $319,900 | 3 | 1 | 1,100 | $291 | 0.3 mi |
E 3226 Hinkle Dr Sold | $290,000 | 4 | 2 | 1,314 | $221 | 0.3 mi |
F 1447 Dolan Rd Active | $279,900 List Price | 3 | 1 | 975 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and sold in 'as-is' condition, this property requires substantial rehabilitation and modernization. The interior images show worn, dated carpeting and older wall finishes, while the exterior displays signs of deferred maintenance such as cracked concrete and unkempt landscaping. The listing's emphasis on 'value-add opportunity' and 'as-is' status, combined with the age of the home, indicates that major systems and cosmetic features likely need significant repair or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1250.
Priced under $300,000, this property offers a rare and accessible entry point into the Nashville housing market, specifically targeted toward first-time home buyers.
The 'as-is' sale status and mid-century construction provide a significant opportunity for buyers to build immediate sweat equity through cosmetic or structural renovations.
The property is sold without seller repairs, which may require the buyer to have additional cash reserves for deferred maintenance or necessary upgrades.
A three-bedroom home with only one bathroom can be a drawback for modern families and may impact the property's long-term resale value compared to multi-bath homes.
Priced right for a first time Home buyer. Property to be sold as is.
No exterior & parking available.
Grades PK-4 • 2.5 mi
Grades 5-8 • 9.0 mi
Grades 9-12 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,250 | 1,450 | 32% |
| Lot Size | 9,148 | 11,326 | 37% |
| Price | $295.0K | $357.5K | 36% |
| Price per sq ft | $236 | $210 | 63% |
| Built year | 1963 | 1971 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 310 | 1% |
Mar 28, 2026
$295,000
Initial Listing