370 Wallace Rd F11, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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Nashville, TN 37211
This townhome presents a High-Potential Investment Opportunity with a List Price of $169,999—positioned above the $161,340 Fair Market Value. While the property requires cosmetic updates, its Fair Condition Rating and allowance for long-term leasing make it a stable Buy-and-Hold Asset. Featuring a private patio and community amenities like a swimming pool, this unit offers strong rental demand near major transit corridors. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 370 Wallace Rd F11 Subject | $169,999* List Price | 2 | 2 | 1,020 | $158 | - |
A 370 Wallace Rd C14 Sold | $155,500 | 2 | 2 | 1,020 | $152 | 0.1 mi |
B 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.8 mi |
C 550 Harding Pl A107 Active | $145,000 List Price | 2 | 2 | 1,044 | $139 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this property is over 50 years old but remains functional. The interior is dated, with the listing itself suggesting a need for cosmetic updates like paint and flooring. Images show worn carpeting and older kitchen components, placing it in the 'Fair' category as it requires minor repairs and modernization rather than a full structural rehab.
The property is explicitly investor-friendly with long-term leasing permitted, making it an ideal high-yield rental asset or an affordable entry point for first-time buyers in a competitive market.
Located with immediate access to I-24, I-65, and Nolensville Pike, the home offers a highly convenient commute to downtown Nashville, the Nashville Zoo, and major shopping districts.
The monthly association fee provides significant value by covering water and trash services while granting access to community perks like a swimming pool and tennis courts.
The property requires 'finishing touches' including new flooring and paint, which will necessitate an upfront capital investment and renovation time immediately after purchase.
The assigned John Overton High School carries a lower rating (3/10), which may limit the property's appeal to families prioritizing top-tier educational districts and could impact long-term appreciation.
Investor-friendly opportunity in South Nashville! This 2-bedroom, 1.5-bath townhome offers strong potential for investors and first-time homebuyers alike. Previously used as a rental, the community allows long-term leasing, making it an excellent addition to an investment portfolio or an affordable primary residence.The home is ready for your finishing touches and offers an ideal opportunity for light cosmetic updates such as paint and flooring refreshes. Conveniently located with easy access to I-24, I-65, and Nolensville Pike, you'll be just minutes from the Nashville Zoo, shopping, dining, and everyday conveniences.Community amenities include a swimming pool, tennis courts, and ample parking. HOA dues include water, trash service, and pool access. Don’t miss this opportunity to own an affordable property in a convenient South Nashville location!
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.5 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 57% |
| Square foot | 1,020 | 918 | 71% |
| Lot Size | 436 | 871 | 43% |
| Price | $170.0K | $168.8K | 50% |
| Price per sq ft | $167 | $183 | 43% |
| Built year | 1970 | 1979 | 21% |
| HOA | $233 | $220 | 57% |
| Days on market | 7 | 349 | 7% |
May 30, 2026
$169,999
Initial Listing