
Nashville, TN 37211
This Income-Producing Quadplex is a Strong Value Opportunity, listed at $299,950—positioned well below the $299,950 Fair Market Value. Featuring a Condition Rating of 3, the property includes significant capital improvements like a new roof, windows, and exterior balconies. Its quiet cul-de-sac location near Nippers Corner provides excellent rental demand, while the functional, updated interiors ensure immediate operational readiness. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-unit rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 477 Ellenwood Dr Subject | $299,950* List Price | 0 | 0 | 1,106 | $271 | - |
A 473 Ellenwood Dr Active | $299,950 List Price | 0 | 0 | 1,106 | $271 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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 features a functional, updated kitchen with stainless steel appliances and stone countertops, making it move-in ready and well-maintained for its age.
The property features significant recent upgrades including a new roof, windows, and exterior balconies, which reduces immediate capital expenditure for a new owner.
As an income-producing multi-unit property with rental upside, it serves as an ideal opportunity for both seasoned investors and owner-occupants looking to offset their mortgage.
Tucked away at the end of a quiet cul-de-sac near Brentwood, the property offers a peaceful setting while maintaining excellent proximity to Nippers Corner shopping and dining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1106, other record living area = 1156.
The assigned middle and high schools carry lower ratings, which may impact the property's appeal to families and affect long-term residential stability.
With a total of 1,106 square feet for a multi-unit building, the individual units are likely quite small, potentially limiting the tenant pool and maximum rental rates.
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.
No exterior & parking available.
Grades K-4 • 1.5 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,106 | 1,688.769 |
| Lot Size | - | - |
| Price | $299.9K | $430.8K |
| Price per sq ft | $271 | $248 |
| Built year | 1983 | 1963 |
| HOA | $0 | $0 |
| Days on market | 21 | 75 |
Aug 19, 2026
$299,950
Initial Listing