396 McDonald Dr, Nashville, TN 37217, Nashville, 37217 - 3 bed, 2 bath
Loading property details...
396 McDonald Dr
Nashville, TN 37217
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,248Sq Ft
8,276Lot Size
Property Price
LIST PRICE$289,900
EST. MARKET VALUE
$279,282
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $289,900—positioned well below the $279,283 Fair Market Value by -3%. Featuring a Fair Condition Rating (4/10), the home offers immediate cash flow at $2,200/month, though the original 1960s wet areas provide a clear path for value-add renovations. With a spacious corner lot and recent HVAC/window upgrades, this asset is well-positioned for Buy-and-Hold Investors or Owner-Occupants seeking a functional, income-producing property with significant modernization upside.
Estimated Market Value
$279,282
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 |
|---|---|---|---|---|---|---|
★ 396 McDonald Dr Subject 3 bd · 2 ba · 1,248 sqft · $224 | $289,900* List Price | 3 | 2 | 1,248 | $224 | - |
A 1306 Venus Dr Active 3 bd · 1 ba · 1,250 sqft · $264 · 0.5 mi | $329,900 List Price | 3 | 1 | 1,250 | $264 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968, the property is 56 years old and presents a mix of recent maintenance and original features. While the HVAC, windows, and paint are updated, the bathrooms are original 1960s pink tile and show visible wear, including a damaged vanity. The kitchen features updated countertops but retains older cabinetry. The home is functional and currently rented, but the age of the wet areas and dated finishes necessitate minor repairs and modernization to meet current market standards.
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 = 8276, living area = 1248.
- Prime Commuter Location
Situated minutes from I-24, downtown Nashville, and BNA, this property offers exceptional accessibility for professionals and frequent travelers.
- Strong Rental Income
Currently generating $2,200 per month in rent, this property provides immediate cash flow with the added benefit of recent HVAC and window upgrades.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 2919. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1248, other record living area = 1619.
- Underperforming Schools
The property is zoned for middle and high schools with low ratings (3 and 2 respectively), which could impact long-term resale value to family-oriented buyers.
- Attached Housing Constraints
As a zero-lot-line residence, the property shares a structural connection with a neighbor, offering less privacy than a fully detached single-family home.
About 396 McDonald Dr
This 3-bedroom, 2-bath zero-lot-line home sits on a spacious corner lot in Glengarry Park. Freshly painted interiors, a recently upgraded HVAC system, and updated windows add comfort and appeal. Conveniently located just minutes from I-24, downtown Nashville, and BNA, this home offers easy access to shopping, dining, and major commuter routes. Currently rented for $2,200 per month, it presents an investment opportunity and can also be purchased together with the connected unit.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glengarry Elementary School
Grades PK-4 • 0.5 mi
5/10
Wright Middle School
Grades 5-8 • 2.1 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,248 | 2,045.139 |
| Lot Size | 8,276 | 10,890 |
| Price | $289.9K | $556.0K |
| Price per sq ft | $232 | $305 |
| Built year | 1968 | 1971 |
| HOA | $0 | $133 |
| Days on market | 17 | 70 |
Pricing History
Listed for Sale
Oct 8, 2026
$289,900
Initial Listing