
Nashville, TN 37209
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $375,000—positioned well above the $344,819 Fair Market Value by 8%. While currently priced above the estimated market value, the property maintains a Good Condition Rating with recent upgrades including fresh paint, new carpet, and a new water heater. Featuring a Dual Master Suite Layout and a private Patio, this home offers a low-maintenance lifestyle in a walkable, gated community. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence near downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 404 Mercomatic Dr 104 Subject | $375,000* List Price | 2 | 3 | 1,332 | $259 | - |
A 404 Mercomatic Dr 103 Sold | $324,900 | 2 | 3 | 1,332 | $244 | 0.0 mi |
B 404 Mercomatic Dr 105 Active | $359,900 List Price | 2 | 3 | 1,332 | $270 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is approximately 18 years old, placing it squarely in the 'Good' category. It is well-maintained and move-in ready with recent updates including fresh paint, new carpet, and a new water heater. The kitchen features functional stainless steel appliances and the overall condition shows pride of ownership with no immediate major maintenance required.
Situated in the desirable Charlotte Pike/Nations area, this gated community offers exceptional walkability to Aldi, local restaurants, and public transportation, with easy access to Downtown Nashville.
The property is move-in ready with significant recent updates, including fresh interior paint, new carpeting, a new water heater, and a new washer and dryer set.
The floor plan features two master suites, each with its own private bathroom and walk-in closet, making it an ideal setup for roommates, guests, or high-end rental potential.
At 64 days on the market, the property is exceeding the typical pace for the area, which may suggest the current list price is not aligned with buyer expectations.
The assigned public schools for this address have relatively low ratings (ranging from 3 to 4), which may deter families prioritizing high-performing educational districts.
Fabulous Location Charlotte Pike/Nations area. Wonderfully maintained townhouse off of Charlotte Pike in a small gated community. Freshly painted throughout- New Carpet- New Washer & Dryer- New Water Heater. Spacious Eat-In Kitchen with tons of cabinets and Stainless Steel Appliances. Living room with Gas Fireplace- 9 ft ceilings throughout and Hardwoods on the main level. 2 master suites with private bath and walk-in closets. Within walking distance to Aldi- Restaurants & Public Transportation. Convenient to Downtown Nashville- TSU- Great Shopping around as well.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 3.4 mi
Grades 5-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,332 | 1,332 | 50% |
| Lot Size | 871 | 436 | 56% |
| Price | $375.0K | $365.0K | 51% |
| Price per sq ft | $282 | $282 | 50% |
| Built year | 2006 | 2008 | 41% |
| HOA | $230 | $170 | 77% |
| Days on market | 98 | 291 | 3% |
Mar 10, 2026
$375,000
Initial Listing