405 McDonald Dr, Nashville, TN 37217, Nashville, 37217 - 2 bed, 1 bath
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405 McDonald Dr
Nashville, TN 37217
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,168Sq Ft
15,682Lot Size
Property Price
LIST PRICE$289,900
EST. MARKET VALUE
$278,871
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $289,900—positioned above the $278,872 Fair Market Value. While currently priced at a premium, the 0.36-acre flat lot and extensive parking—including an oversized garage and 3-car carport—provide significant utility for value-add projects. With a Condition Rating of 5, the home requires a full interior renovation, making it a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the generous lot size and available $15,000 in grant funding.
Estimated Market Value
$278,871
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 |
|---|---|---|---|---|---|---|
★ 405 McDonald Dr Subject 2 bd · 1 ba · 1,168 sqft · $239 | $289,900* List Price | 2 | 1 | 1,168 | $239 | - |
A 401 Glenpark Dr Sold 3 bd · 2 ba · 1,389 sqft · $231 · 0.1 mi | $321,000 | 3 | 2 | 1,389 | $231 | 0.1 mi |
B 1215 Catina Dr Sold 2 bd · 1 ba · 786 sqft · $264 · 0.6 mi | $207,500 | 2 | 1 | 786 | $264 | 0.6 mi |
C 1211 Saturn Dr Active 3 bd · 1 ba · 1,027 sqft · $311 · 0.5 mi | $319,000 List Price | 3 | 1 | 1,027 | $311 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1961 and marketed as an 'investor special' for a 'fix and flip,' this property features a significantly dated kitchen with original-style wood paneling and aging appliances. The 'as-is' status and age (>50 years without major renovation) indicate the need for a full interior rehab and likely system updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1168.
- Expansive Level Lot
The property features a generous 0.36-acre flat lot, offering significant potential for future expansions, outdoor living spaces, or gardening.
- Extensive Parking and Storage
With an oversized one-car attached garage and an additional three-car carport, the property provides exceptional covered parking and workshop utility rarely found in this price point.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Sold strictly in 'as-is' condition as an 'investor special,' the home will require immediate and likely extensive capital investment to modernize and repair.
- Limited Bedroom and Bath Count
The 2-bedroom, 1-bathroom configuration may restrict the property's appeal to a smaller buyer pool and limit its competitive edge against standard 3-bedroom neighborhood comparables.
About 405 McDonald Dr
DUE TO HIGH DEMAND, SELLER IS HOLDING AN INVESTOR OPEN HOUSE 1-3PM THURSDAY OCTOBER 22ND. Welcome to 405 McDonald Dr. INVESTOR SPECIAL! Here's your opportunity to bring your vision to life with this 2 bedroom, 1 bathroom, 1,168 sq ft home situated on a spacious, flat .36 acre lot! Whether you're looking for your next fix and flip, a potential rental property, or a home to renovate and make your own, this property offers plenty of possibilities. Inside, you'll find hardwood floors throughout the main living areas and bedrooms, tile flooring in the bathroom, and vinyl flooring in the kitchen. The oversized attached 1 car garage provides excellent storage or workspace potential, while the additional 3 car carport offers plenty of covered parking. Outside, the generous, level lot provides ample space for outdoor entertaining, gardening, or future improvements. Conveniently located near shopping, dining, and major highways, this property offers easy access to everyday essentials. With solid potential and room to add value, this is an opportunity investors and renovation enthusiasts won't want to miss! Property is being sold AS-IS. Bring your ideas and unlock the possibilities. Welcome home! Qualified buyers can receive non-repayable grant funds up to $15k. Contact, Monty Austell, with Old National Bank 615-972-4988, income restrictions apply.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glengarry Elementary School
Grades PK-4 • 0.5 mi
5/10
Wright Middle School
Grades 5-8 • 2.0 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,168 | 2,045.139 |
| Lot Size | 15,682 | 10,890 |
| Price | $289.9K | $556.0K |
| Price per sq ft | $248 | $305 |
| Built year | 1961 | 1971 |
| HOA | $0 | $133 |
| Days on market | 10 | 70 |
Pricing History
Listed for Sale
Oct 15, 2026
$289,900
Initial Listing