3317 Orleans Dr, Nashville, TN 37212, Nashville, 37212 - 2 bed, 2 bath
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Nashville, TN 37212
This Strategic Residential Asset is listed at $570,000, situated in the premier Vanderbilt University corridor near its $528,383 Fair Market Value. The property offers significant Investment Versatility as a high-demand rental for medical students or a potential development play with the available adjacent lot. Maintaining a Condition Rating of 4, the 1955 cottage features functional interiors and a large backyard. Served by Eakin Elementary (Rating 7), this location commands consistent occupancy. It is an ideal acquisition for Buy-and-Hold Investors or Developers targeting Nashville’s most resilient rental submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3317 Orleans Dr Subject | $570,000* List Price | 2 | 2 | 876 | $603 | - |
A 1908 Natchez Trace Sold | $540,000 | 2 | 1 | 930 | $581 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained for its age but shows signs of being outdated. The kitchen features older painted cabinetry and dated tile countertops with thick grout lines. While the interior has functional hardwood floors and some updated recessed lighting, the overall style is aged, and the exterior storage shed is in poor condition, indicating a need for modernization.
Situated in the heart of the Vanderbilt area with immediate access to I-440, downtown, and midtown, this property is perfectly positioned for high rental demand among students and professionals.
The property serves as an excellent turnkey rental for medical or graduate students, with the added rare opportunity to purchase the adjacent lot for a larger development play.
Despite its urban setting, the cottage features a generous backyard area, providing valuable private outdoor living space that enhances its appeal to tenants and homeowners alike.
At a list price of $570,000 for only 876 square feet, the property carries a high cost basis that may impact immediate cash-on-cash returns for some investors.
The compact 1955 cottage layout offers very limited living space, which may require creative renovations or additions to meet the expectations of modern buyers.
Excellent investment opportunity or a wonderful place to call home. Great rental for medical/ grad/ college students. Cozy cottage in heart of Vanderbilt area, minutes to I 440, downtown, midtown, Sylvan Park, etc. Great backyard area. Currently being leased and needs a 24 hr notice. adjacent property - 3319 Orleans- also for sale by same owner. Buyer/ buyer's agent to verify all pertinent information, including square footage and schools.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades 5-8 • 0.7 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 876 | 2,545 | 1% |
| Lot Size | 5,663 | 9,148 | 7% |
| Price | $570.0K | $965.0K | 27% |
| Price per sq ft | $651 | $444 | 87% |
| Built year | 1955 | 1931 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 530 | 1% |
Mar 21, 2026
$570,000
Initial Listing