3404 Olsen Ln, Nashville, TN 37218, Nashville, 37218 - 4 bed, 2 bath
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3404 Olsen Ln
Nashville, TN 37218
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,050Sq Ft
7,841Lot Size
Property Price
LIST PRICE$299,000
EST. MARKET VALUE
$283,050
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $283,050 Fair Market Value by -5%. While the home requires cosmetic updates, it maintains a Condition Rating of 4 due to a 2023 roof and 4-year-old HVAC system. The large lot size and lack of HOA fees provide significant flexibility for value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic interior renovations.
Estimated Market Value
$283,050
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 |
|---|---|---|---|---|---|---|
★ 3404 Olsen Ln Subject 4 bd · 2 ba · 1,050 sqft · $270 | $299,000* List Price | 4 | 2 | 1,050 | $270 | - |
A 3218 Hinkle Dr Sold 3 bd · 1 ba · 1,276 sqft · $216 · 0.7 mi | $275,000 | 3 | 1 | 1,276 | $216 | 0.7 mi |
B 3226 Holland Ln Active 3 bd · 1 ba · 926 sqft · $316 · 0.4 mi | $293,000 List Price | 3 | 1 | 926 | $316 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1970 and features a highly dated bathroom and kitchen that require cosmetic updates. However, it avoids a lower rating due to critical recent system upgrades, including a roof replaced in 2023, a 4-year-old HVAC unit, and new carpeting in the bedrooms.
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 = 7841, living area = 1050.
- Recent Capital Improvements
The property features a new roof installed in 2023 and a four-year-old HVAC system, providing peace of mind and reducing immediate maintenance costs for the buyer.
- Desirable Lot Location
Situated on a quiet dead-end street in Bordeaux Hills, the home offers a peaceful residential setting with no HOA fees, ideal for first-time buyers seeking privacy and lower monthly costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Bathroom Ratio
With four bedrooms but only 1.5 bathrooms within a compact 1,050 square foot layout, the home may face functional challenges for larger families or multi-resident living.
- Underperforming School District
The property is zoned for middle and high schools with low academic ratings (3/10 and 1/10), which could impact long-term resale value and appeal to families with school-aged children.
About 3404 Olsen Ln
4 Bedroom, one and half bath starter home on quiet deadend street, Great opportunity for first time buyer to make it their very own. Blinds throughout, Hardwood in LR, vinyl in Kitchen, new carpet in all bedrooms. HVAC unit is 4 yrs old, Roof replaced in 2023. Appliances are negotiable. No HOA.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 7,841 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
Nashville Unified Schools
Cumberland Elementary School
Grades PK-4 • 2.1 mi
5/10
Joelton Middle School
Grades 5-8 • 8.7 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 6.3 mi
1/10
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 | 1,050 | 2,045.139 |
| Lot Size | 7,841 | 10,890 |
| Price | $299.0K | $556.0K |
| Price per sq ft | $285 | $305 |
| Built year | 1970 | 1971 |
| HOA | $0 | $133 |
| Days on market | 39 | 70 |
Pricing History
Listed for Sale
Sep 15, 2026
$299,000
Initial Listing