4001 Anderson Rd U140, Nashville, TN 37217, Nashville, 37217 - 3 bed, 3 bath
Loading property details...
Nashville, TN 37217
This townhome presents a High-Potential Investment Opportunity with a List Price of $264,900—positioned above the $253,188 Fair Market Value by 4%. While the property requires cosmetic updates given its Condition Rating of 4, it offers a spacious 1,904 sqft layout with Scenic Lake Views and a Private Fenced Patio. The community amenities, including a pool and clubhouse, enhance rental appeal. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing the $400 HOA fee and modernization projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4001 Anderson Rd U140 Subject | $264,900* List Price | 3 | 3 | 1,904 | $133 | - |
A 4001 Anderson Rd B124 Active | $250,000 List Price | 3 | 3 | 1,904 | $131 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (46 years old) with no evidence of recent major renovations. The interior features significantly dated elements including wood paneling, older cabinetry, and vintage bathroom fixtures. While the home appears functional and well-maintained, it requires cosmetic updates and system reviews to meet modern standards, fitting the criteria for a property over 20 years old needing updates.
The property features a desirable view of the lake, providing a serene environment and increasing the home's aesthetic appeal and marketability.
With 1,904 square feet, an open floor plan, and multiple living areas, this townhome offers significantly more interior space than typical units in this price range.
Residents benefit from a private fenced patio, covered parking, and community access to a pool, clubhouse, and walking trails.
The monthly association fee of $400 is a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned middle and high schools have low ratings (2/10), which may limit the property's appeal to families prioritizing educational performance.
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.
No exterior & parking available.
Grades PK-4 • 2.6 mi
Grades 5-8 • 4.6 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,904 | - |
| Lot Size | 871 | - |
| Price | $264.9K | $354.0K |
| Price per sq ft | $139 | $243 |
| Built year | 1978 | 0 |
| HOA | $400 | $0 |
| Days on market | 13 | 187 |
Jul 9, 2026
$264,900
Initial Listing
Sep 19, 1994
$81,000
Public Record