3337B Niagara Dr, Nashville, TN 37214, Nashville, 37214 - 2 bed, 2 bath
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Nashville, TN 37214
This townhouse represents a Strong Value Opportunity, listed at $285,000—positioned well above the $265,996 Fair Market Value by -7%. While priced above current estimates, the property features a Full Basement with Pre-Plumbing and 2021 Cosmetic Updates, including new countertops and luxury vinyl plank flooring. With a Condition Rating of 3 and $0 Association Fees, this asset offers significant long-term potential for those willing to leverage the expansion space. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, low-cost entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3337B Niagara Dr Subject | $285,000* List Price | 2 | 2 | 1,242 | $214 | - |
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 3337 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 move-in ready.
While the structure is 27 years old (built 1998), the property received key updates in 2021 including new kitchen and bathroom countertops and luxury vinyl plank flooring. It is functional and move-in ready, though original systems like HVAC and electric may be nearing the end of their typical lifespan.
The property features a full basement that is already pre-plumbed, offering a significant opportunity to increase square footage and property value through a future addition.
With a reported $0 association fee, this townhouse offers a rare financial advantage by eliminating the monthly HOA expenses typically associated with this property type.
Key areas including the kitchen and bathroom countertops and luxury vinyl plank flooring were updated in 2021, providing a modern feel and reducing immediate renovation needs.
The property has been on the market for over 500 days, which may lead to buyer skepticism regarding its pricing or underlying condition compared to more recent listings.
With a lot size of only 871 square feet, the property offers very limited private outdoor area, which may be a drawback for buyers seeking a yard or garden space.
Investment opportunity!! Excellent location in Donelson, close to interstate access, a full basement underneath the unit has been pre-plumbed for a future addition. Kitchen and bathroom countertops, luxury vinyl plank floor in wet areas replaced in 2021.
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