4001 Anderson Rd U140, Nashville, TN 37217, Nashville, 37217 - 3 bed, 3 bath
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4001 Anderson Rd U140
Nashville, TN 37217
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,904Sq Ft
871Lot Size
Property Price
LIST PRICE$254,900
EST. MARKET VALUE
$243,735
4% AboveMARKET VALUE
SUMMARY
This townhome presents a High-Potential Investment Opportunity with a List Price of $254,900—positioned well below the $243,735 Fair Market Value by -4%. Featuring a Condition Rating of 4, the property offers 1,904 sqft of living space, a lake view, and a large fenced patio. While the interior requires modernization, the generous floor plan provides significant value-add potential. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a spacious, amenity-rich community with pool and trail access.
Estimated Market Value
$243,735
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 |
|---|---|---|---|---|---|---|
★ 4001 Anderson Rd U140 Subject 3 bd · 3 ba · 1,904 sqft · $128 | $254,900* List Price | 3 | 3 | 1,904 | $128 | - |
A 4000 Anderson Rd 7 Sold 3 bd · 3 ba · 1,480 sqft · $122 · 0.4 mi | $180,000 | 3 | 3 | 1,480 | $122 | 0.4 mi |
B 4001 Anderson Rd C117 Sold 3 bd · 2 ba · 1,472 sqft · $162 · 0.1 mi | $238,000 | 3 | 2 | 1,472 | $162 | 0.1 mi |
C 4001 Anderson Rd B124 Active 3 bd · 3 ba · 1,904 sqft · $131 · 0.1 mi | $250,000 List Price | 3 | 3 | 1,904 | $131 | 0.1 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 1978, the townhome is functional and move-in ready with well-maintained living areas, but the kitchen is dated, featuring older painted cabinets, laminate countertops, and a coil-top electric range. The exterior roof also shows signs of age and staining, indicating a need for minor updates and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Lake Views
The property features a desirable view of the lake, providing a serene environment and enhancing the overall aesthetic appeal and value of the home.
- Generous Living Space
With 1,904 square feet, an open floor plan, and multiple sitting areas, this townhome offers significantly more interior space and storage than typical units at this price point.
- Comprehensive Amenities
Residents benefit from a robust community package including covered parking, a large fenced patio, and access to a pool, clubhouse, and walking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1009.
- Low-Rated School District
The assigned middle and high schools currently hold low ratings (2/10), which may be a concern for families and could impact long-term resale potential.
- Property Age
Built in 1978, the home may require modern updates to its core systems or interior finishes to compete with newer residential developments in the area.
About 4001 Anderson Rd U140
Spacious Townhome With a view of the lake. This Home Features An Open Floor Plan, Sitting Area Plus Living Room, Large Bedrooms, Abundant Storage, Covered Parking & Large Outdoor fenced Patio! Access To Pool, Walking Trails , and Clubhouse.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400 / Month
Neighborhood Insights
Nashville Unified Schools
Lakeview Elementary Design Center
Grades PK-4 • 2.6 mi
6/10
Apollo Middle School
Grades 5-8 • 4.6 mi
2/10
Antioch High School
Grades 9-12 • 4.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,904 | 1,551.684 |
| Lot Size | 871 | 871 |
| Price | $254.9K | $365.8K |
| Price per sq ft | $134 | $238 |
| Built year | 1978 | 2003 |
| HOA | $400 | $260 |
| Days on market | 107 | 83 |
Pricing History
Listed for Sale
Jul 9, 2026
$254,900
Initial Listing
Sold
Sep 19, 1994
$81,000
Public Record