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: POOR
3Beds
3Baths
1,904Sq Ft
871Lot Size
Property Price
LIST PRICE$254,900
EST. MARKET VALUE
$212,675
19% AboveMARKET VALUE
SUMMARY
This townhome presents a High-Potential Investment Opportunity with a List Price of $254,900—positioned well below the $212,675 Fair Market Value by -19%. While the property requires significant updates due to its Poor Condition Rating, the 1,904 sqft floor plan, lake views, and community amenities offer substantial value-add potential. Given the high HOA fees and lower-rated local schools, this asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize long-term rental demand and equity growth.
Estimated Market Value
$212,675
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 | $254,900* List Price | 3 | 3 | 1,904 | $112 | - |
A 4000 Anderson Rd 7 Sold | $180,000 | 3 | 3 | 1,480 | $122 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1978 (46 years old) and lacks evidence of a major renovation within the last 30 years. Interior photos show dated wood paneling, older bathroom vanities, and aged HVAC vents, placing it in the 'Poor' category based on age and the need for significant cosmetic and system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Lake Views
The property features a desirable view of the lake and a large fenced patio, offering a premium outdoor living experience and enhanced aesthetic appeal.
- Generous Living Space
With 1,904 square feet, an open floor plan, and three full bathrooms, this townhome provides significantly more interior space and functional layout than typical units in this price range.
- Comprehensive Amenities
Residents benefit from a robust amenity package including covered parking, a community pool, walking trails, and a clubhouse, adding significant lifestyle value.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $400 is relatively high compared to the listing price, which may impact buyer affordability and overall monthly carrying costs.
- Low School Ratings
The assigned middle and high schools have low ratings (2/10), which could be a drawback for families and potentially affect long-term resale value.
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 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,904 | 1,538.436 |
| Lot Size | 871 | 871 |
| Price | $254.9K | $358.6K |
| Price per sq ft | $134 | $240 |
| Built year | 1978 | 2004 |
| HOA | $400 | $250 |
| Days on market | 62 | 79 |
Pricing History
Listed for Sale
Aug 29, 2026
$254,900
$264,900
-4% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$264,900
Initial Listing
Sold
Sep 19, 1994
$81,000
Public Record