4000 Anderson Rd 56, Nashville, TN 37217, Nashville, 37217 - 2 bed, 2 bath
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Nashville, TN 37217
This Value-Add Townhouse Asset presents a Prime Investment Opportunity with a List Price of $179,900—positioned well below the $184,399 Fair Market Value by 2%. This entry point provides $4,499 in Instant Equity for buyers targeting a full rehabilitation project. Featuring a Condition Rating of 5, the property requires significant modernization but offers a wooded view and private deck near Percy Priest Lake. Despite lower-rated schools, the proximity to downtown Nashville ensures strong rental demand. This is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4000 Anderson Rd 56 Subject | $169,900* List Price | 2 | 2 | 1,218 | $68 | - |
A 4000 Anderson Rd 7 Active | $196,900 List Price | 3 | 3 | 1,480 | $133 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975, this property is marketed as an 'investor special' and 'blank canvas,' indicating it requires substantial rehabilitation. The interior is severely outdated, featuring original popcorn ceilings, 1970s-style cabinetry, and aged flooring and carpets. Sold 'as-is,' the home lacks any modern updates to the kitchen, bathrooms, or fixtures, fitting the criteria for a property needing significant renovation to meet current living standards.
Situated in a peaceful, wooded community adjacent to Percy Priest Lake, offering residents immediate access to outdoor activities and a serene natural setting.
Priced competitively as an 'investor special,' this townhome serves as a blank canvas for flippers or buyers looking to build equity through strategic renovations.
Located just 20 minutes from downtown Nashville, the property provides a perfect balance of quiet suburban living with quick access to the city's premier dining and entertainment.
The property is being sold in 'as-is' condition and is described as a 'diamond in the rough,' implying the need for substantial capital investment to modernize the 1975 interior.
The assigned middle and high schools currently hold low performance ratings, which may limit the property's appeal to families and impact future resale velocity.
Unlock the potential in this hidden gem! This 2-bedroom, 2-bath townhome is the perfect opportunity for investors, flippers, or buyers ready to bring their vision to life. With great bones and a desirable layout, this property is a true blank canvas waiting for the right touch. Nestled in a peaceful, wooded, lake-adjacent community just minutes from Percy Priest Lake, you’ll enjoy a serene natural setting while still being conveniently close to it all. Located only 20 minutes from downtown Nashville, you’ll have easy access to some of the best dining, entertainment, and shopping the city has to offer. This investor special is being sold *as-is* and presents a fantastic chance to customize and add value. The property is part of an HOA, helping maintain the community’s appeal and surroundings. Whether you're looking to renovate and resell, create a rental property, or design your own cozy retreat, this home offers endless possibilities in a highly desirable location. Don’t miss your chance to transform this diamond in the rough into something truly special!
No exterior & parking available.
Grades PK-4 • 2.3 mi
Grades 5-8 • 4.3 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,218 | 1,388 | 19% |
| Lot Size | 436 | 871 | 49% |
| Price | $169.9K | $207.3K | 38% |
| Price per sq ft | $139 | $160 | 43% |
| Built year | 1975 | 2000 | 3% |
| HOA | $322 | $153 | 97% |
| Days on market | 23 | 1070 | 3% |
Apr 15, 2026
$169,900
$179,900
-6% Price Drop
Initial Listing
Mar 30, 2026
$179,900
Initial Listing