3482 McGavock Pike, Nashville, TN 37217, Nashville, 37217 - 2 bed, 2 bath
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Nashville, TN 37217
This 1950s Value-Add Residence represents a High-Potential Investment Opportunity with a List Price of $337,000—positioned below the $338,983 Fair Market Value by 1%. This valuation provides $1,983 in Instant Equity with significant upside through capital improvements. Currently holding a Condition Rating of 4, the home features a finished attic and a mid-renovation basement with exposed studs and unfinished plumbing. Located on a 0.36-acre lot near the airport, this asset is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3482 McGavock Pike Subject | $325,000* List Price | 2 | 2 | 1,470 | $232 | - |
A 511 Catalina Dr Active | $399,900 List Price | 4 | 2 | 2,008 | $199 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1950s build that is currently in a transitional state. While the main living areas appear livable and maintained with original hardwood floors, the home features outdated elements such as popcorn ceilings and older light fixtures. Crucially, the basement bathroom and living area are mid-renovation, showing exposed studs, sub-flooring, and unfinished plumbing, which requires significant work to complete. The property is aged and requires modernization of its vintage infrastructure and finishing of the lower level to reach its full potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1470.
Situated in the mature Three Oaks neighborhood, the property offers excellent walkability to local parks and is just minutes from downtown Nashville and the airport.
The home features a fully finished attic and a framed, insulated basement with an existing bathroom, providing ample opportunity to increase functional living space and equity.
Built in 1950, the home may require significant capital improvements or modernization of its core systems to align with contemporary building standards.
The current two-bedroom layout may restrict the property's appeal to larger families or buyers specifically seeking a traditional three-bedroom residence in this price point.
This charming single-family home has loads of character and potential. With a back deck, covered rocking-chair front porch, and a fully finished former attic space. Partially framed/partioned and isulated lower level with bathroom, bedroom, and kitchen area waiting for finishing touches. Lower level can be finished for a mother-in-law suite or finished out for extra rental income (with a completely separate entrance to the outside). Home sits one lot away from Seven/Three Oaks park in a quiet, mature neighborhood. This neighborhood is known for its oak trees, walkability, and centrally located multi-use, family-friendly park including a playground, baseball fields, tennis courts, and a well-known frisbee golf course. Minutes from Nashville and the airport, this home is centrally located and convenient to all amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,470 | 1,797.5 | 28% |
| Lot Size | 15,682 | 13,286 | 62% |
| Price | $325.0K | $350.0K | 44% |
| Price per sq ft | $221 | $200 | 65% |
| Built year | 1950 | 1970 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 258 | 1% |
Apr 15, 2026
$325,000
$337,000
-4% Price Drop
Initial Listing
Mar 7, 2026
$337,000
Initial Listing