4006 Kennedy Ave, Nashville, TN 37216, Nashville, 37216 - 3 bed, 1 bath
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Nashville, TN 37216
This Value-Add Residential Asset offers a strategic entry point into the highly sought-after 37216 zip code. With a List Price of $360,000, the property is positioned near its $302,958 Fair Market Value, representing a rare and accessible opportunity in the Sunnymeade subdivision. The 1950s structure holds a Condition Rating of 5, requiring a complete modernization of its core systems and interior. However, the expansive 12,632-square-foot lot and existing patio provide significant potential for forced appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4006 Kennedy Ave Subject | $360,000* List Price | 3 | 1 | 1,210 | $250 | - |
A 2316 Fernwood Dr Sold | $330,000 | 2 | 1 | 1,130 | $292 | 0.8 mi |
B 1904 Avalon Dr Sold | $430,000 | 2 | 1 | 1,304 | $330 | 0.7 mi |
C 1145 Ardee Ave Sold | $462,540 | 3 | 2 | 1,468 | $315 | 0.3 mi |
D 2105 Olga Ave Sold | $360,000 | 3 | 2 | 1,180 | $305 | 0.5 mi |
E 1203 McChesney Ave Sold | $350,000 | 2 | 2 | 1,064 | $329 | 0.5 mi |
F 1527 McGavock Pike Active | $375,000 List Price | 2 | 1 | 1,306 | $287 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, this property is in original or near-original condition and requires substantial rehabilitation. Interior images reveal significant deferred maintenance and outdated systems, including exposed electrical wiring hanging from a drop ceiling, wood-paneled walls, and aging floor treatments. The presence of wall-mounted cooling units and baseboard heaters suggests the lack of a modern central HVAC system. While the structure appears intact, the kitchen, bathroom, and core electrical/mechanical systems need complete modernization to meet current safety and quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1210.
Situated in the highly sought-after 37216 zip code of East Nashville, this property offers excellent proximity to popular local amenities and a convenient commute to downtown Nashville.
The property boasts a generous 12,632-square-foot lot, providing ample space for outdoor living, gardening, or potential future expansions in an urban setting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the layout may present functional challenges for families and could impact the property's overall marketability compared to updated peers.
As a 1950s-era build, the property likely requires modernization of its core systems and cosmetic updates to meet the expectations of today's contemporary buyers.
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,210 | 1,741.5 | 21% |
| Lot Size | 12,632 | 12,632 | 50% |
| Price | $360.0K | $542.5K | 24% |
| Price per sq ft | $298 | $330 | 33% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 581 | 0% |
Apr 14, 2026
$360,000
Initial Listing