
Nashville, TN 37214
This High-Potential Investment Opportunity is a 2-bedroom townhouse listed at $285,000, positioned slightly above the $279,950 Fair Market Value. Featuring an Excellent Condition Rating due to 2021 renovations, the unit includes quartz countertops, shaker cabinets, and a 2023 HVAC system. The property offers significant upside through its pre-plumbed basement, providing rare expansion potential. With no HOA fees and a prime Donelson location, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3337 Niagara Dr Subject | $285,000* List Price | 2 | 2 | 1,242 | $225 | - |
A 329 Lakebrink Dr Sold | $260,000 List Price | 2 | 2 | 1,156 | 0.4 mi | |
B 329 Lakebrink Dr Sold | $259,900 List Price | 2 | 2 | 1,156 | 0.4 mi | |
C 3337B Niagara Dr Active | $285,000 List Price | 2 | 2 | 1,242 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property meets the criteria for Excellent condition due to a comprehensive renovation in 2021 (less than 5 years ago), featuring modern quartz countertops and shaker cabinets. Additionally, the HVAC system was replaced in 2023, and the interior features high-end solid hardwood flooring.
The property features high-quality 2021 renovations including quartz countertops and hardwood floors, plus a brand-new HVAC system installed in 2023, ensuring immediate move-in readiness.
A full pre-plumbed basement offers significant value-add potential, allowing owners to easily increase square footage and equity through a future addition.
Unlike most townhome communities, this property carries no association fees, significantly reducing monthly carrying costs and increasing long-term affordability.
With over 500 days on the market, the property may carry a stigma or face challenges regarding its initial pricing strategy relative to current market conditions.
The two-bedroom configuration may limit appeal for growing families or buyers specifically seeking a three-bedroom layout common in this price bracket.
Investment opportunity! Excellent location in Donelson, close to interstate access, a full basement underneath the unit has been pre-plumbed for a future addition. Renovated in 2021, solid hardwood floors throughout, tiles in wet areas. Quartz countertops and shaker cabinets. Replaced HVAC unit in 2023.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,242 | - |
| Lot Size | 871 | - |
| Price | $285.0K | $354.0K |
| Price per sq ft | $229 | $243 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 561 | 187 |
Jan 8, 2025
$285,000
Initial Listing