473 Ellenwood Dr, Nashville, TN 37211, Nashville, 37211 - 0 bed, 0 bath
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473 Ellenwood Dr
Nashville, TN 37211
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,212Sq Ft
0Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$519,426
15% AboveMARKET VALUE
SUMMARY
This income-producing quadplex is a High-Potential Investment Opportunity, listed at $599,900—positioned well above the $519,427 Fair Market Value by -15%. Featuring a Condition Rating of 3, the property includes recent capital improvements like a new roof and windows. Its cul-de-sac location near Brentwood offers strong rental demand, though prospective buyers should note the living area discrepancy. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through strategic house hacking.
Estimated Market Value
$519,426
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1983, the property has undergone significant recent capital improvements including a new roof, windows, and exterior stairs/balconies. The interior shows a well-maintained, functional kitchen with stainless steel appliances and updated countertops, making it move-in ready for tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Income Versatility
This quadplex offers a rare opportunity for either a pure investment play with rental upside or an owner-occupant looking to offset their mortgage through house hacking.
- Recent Capital Upgrades
Significant exterior improvements including a new roof, windows, balconies, and stairs reduce immediate maintenance costs and enhance the property's long-term value.
- Desirable Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac in an established neighborhood near Brentwood, providing both privacy and convenient access to local shopping and dining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2212, other record living area = 1156.
- Underperforming School District
While the elementary school is highly rated, the assigned middle and high schools have lower ratings, which may impact appeal for families with school-aged children.
- Limited Unit Square Footage
With a total of 2,212 square feet across four units, the individual living spaces are relatively compact, which could limit the tenant demographic to individuals or couples.
About 473 Ellenwood Dr
Income-producing quadplex located in an established neighborhood at the end of a cul-de-sac! This property offers a great opportunity for an investor or an owner-occupant looking to offset their mortgage with rental income. With potential opportunity to increase rental income over time, this property offers additional upside for its owner. Numerous improvements have already been completed, including a new roof, windows, exterior balconies and stairs. Conveniently located near Brentwood with easy access to shopping, restaurants, and everyday conveniences in the Nippers Corner/Brentwood area. A unique opportunity to own a multi-unit property in a desirable and convenient location.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Crieve Hall Elementary School
Grades K-4 • 1.5 mi
7/10
Croft Design Center Middle Prep
Grades 5-8 • 2.1 mi
3/10
John Overton Comp High School
Grades 9-12 • 2.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,212 | 1,688.769 |
| Lot Size | - | - |
| Price | $599.9K | $430.8K |
| Price per sq ft | $271 | $248 |
| Built year | 1983 | 1963 |
| HOA | $0 | $0 |
| Days on market | 21 | 75 |
Pricing History
Listed for Sale
Aug 19, 2026
$599,900
Initial Listing
Sold
Aug 31, 1994
$113,627
Public Record