353 Melpar Dr, Nashville, TN 37211, Nashville, 37211 - 3 bed, 1 bath
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Nashville, TN 37211
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $364,900—positioned well above the $321,806 Fair Market Value by -13%. Despite the premium, the property features an Excellent Condition Rating with a 2026 HVAC and electrical system. The expansive 13,939 sqft lot and dual-garage setup provide rare utility. Located near top-rated schools like Tusculum Elementary, this home offers a stable, low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready Nashville property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 353 Melpar Dr Subject | $364,900* List Price | 3 | 1 | 925 | $348 | - |
A 5020 Packard Dr Sold | $315,000 | 3 | 1 | 975 | $323 | 0.3 mi |
B 5020 Packard Dr Sold | $315,000 | 3 | 1 | 975 | $323 | 0.3 mi |
C 4341 Hopewood Dr Sold | $290,500 | 3 | 2 | 960 | $303 | 0.8 mi |
D 4911 Packard Dr Sold | $319,900 | 2 | 1 | 1,010 | $317 | 0.4 mi |
E 4911 Packard Dr Sold | $319,900 | 2 | 1 | 1,010 | $317 | 0.4 mi |
F 498 Whispering Hills Dr Sold | $450,000 | 3 | 2 | 1,282 | $351 | 0.8 mi |
G 365 Leo Ln Active | $365,000 List Price | 3 | 1 | 975 | $374 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring brand new HVAC and 200-amp electrical systems (2026), new kitchen appliances, countertops, and flooring (2024), and fresh interior/exterior paint. While originally built in 1957, the recent updates to all major systems and finishes place it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 925.
The property features significant recent capital improvements, including a new HVAC system, upgraded 200-amp electrical service, and new appliances, significantly reducing near-term maintenance costs.
Rare for this price point, the home includes both a one-car attached garage with expansion potential and an oversized detached garage, providing ample storage or workshop space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the layout may present functional challenges for families or multi-resident households.
At just 925 square feet, the interior footprint is relatively small, which may limit appeal for buyers seeking spacious common areas or larger room dimensions.
Open House Sun 5/24 2-4pm *Stunning Renovation!*New HVAC 2026*New 200 amp Electric Service & New Main Panel w/GFCI Breakers on all Outlets 2026*New Appliances 2024*New Kitchen Countertops & Tile Floor plus New Sink & Oversized Kitchen Pantry w/Modular Shelves*New Garage Doors 2021*New Paint Kitchen Cabinets 2024*New Exterior Paint 2024*Gleaming Hardwood Floors*1 Car Attached Garage-- Easy Expansion Area Plus 1 Car Oversized Detached Garage
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 925 | 1,715 | 3% |
| Lot Size | 13,939 | 12,197 | 60% |
| Price | $364.9K | $450.0K | 32% |
| Price per sq ft | $394 | $242 | 96% |
| Built year | 1957 | 1971 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 443 | 0% |
May 12, 2026
$364,900
Initial Listing