
Nashville, TN 37211
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $388,546 Fair Market Value by -10%. Featuring a 3,052 sqft layout with a Mechanic's Dream Garage setup, this Fair Condition Rating asset requires a full rehab. The versatile floor plan and detached garage offer significant value-add potential for multi-generational living or rental income. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial workshop capacity near downtown Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4912 Shasta Dr Subject 4 bd · 4 ba · 3,052 sqft · $127 | $430,000* List Price | 4 | 4 | 3,052 | $127 | - |
A 261 Eisenhower Dr Sold 4 bd · 3 ba · 2,000 sqft · $158 · 0.5 mi | $315,000 | 4 | 3 | 2,000 | $158 | 0.5 mi |
B 264 Wallace Rd Active 5 bd · 4 ba · 2,000 sqft · $165 · 0.4 mi | $330,000 List Price | 5 | 4 | 2,000 | $165 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 and maintained by a single owner, the property is in mostly original condition and requires a full rehab. The kitchen and bathrooms are severely dated, featuring 1970s-style fixtures and highly problematic carpeted flooring in the bathroom. The listing explicitly states the home needs 'lots of TLC and repairs' and is being sold as-is, indicating that major systems and interiors have exceeded their functional lifespan.
With an attached two-car garage, a detached two-car garage, and a two-car carport, the property accommodates up to six vehicles, making it a premier choice for car enthusiasts, mechanics, or those needing extensive workshop space.
At over 4,000 square feet, the home features a massive 20x18 primary suite and a versatile floor plan that includes a detached apartment, offering rare potential for multi-generational living or rental income.
Located near downtown Nashville on a quarter-acre lot, this one-owner home is priced to reflect its need for updates, providing a significant opportunity for investors or buyers to build equity through renovation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4051, other record living area = 2910. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is being sold in 'as-is' condition and requires significant TLC and repairs, which will necessitate a substantial upfront investment of time and capital from the buyer.
The assigned public schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families prioritizing educational performance and could impact future resale velocity.
UPDATE: Huge Opportunity Near Downtown Nashville ** One-Owner home ** A Must See ** Ideal for a Large Family ** Mechanic's Dream Garage(s) ** Added a few updated pictures... Home is completely emptied out. Detached 2-car garage with huge room above, full of storage, but accessible to see inside of this area. Needs Lots of TLC and repairs, Owner is selling As-Is.. This one-owner home has a total of 4 bedrooms w/separate dining room, 2 bedrooms upstairs, which includes a full oversized bath and stand-up shower on main floor, which is 20x18 w/vaulted ceiling, as well as 2 walk-in closets and a vanity for this HUGE primary suite! The downstairs is another 2 bedrooms with 1 full bath, lots of storage space...With the right creative vision and perfect layout, the home has endless possibilities. Features include an attached 2-car garage, detached 2-car garage with space above (used for storage/not emptied) ,but accessible to view inside of the area . There is an additional 2-car carport, plus ample driveway parking, offering space for up to 6 vehicles; Ideal for car enthusiasts, hobby mechanics, investors, multi-generational living, rental income potential, or workshop space. Situated on approximately ¼ acre and conveniently located close to downtown Nashville, this property combines location, versatility, and investment potential all in one unique package. Make this Your Dream Home, starting with Your vision...Make this home exactly how you want it:)
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,052 | 2,045.139 |
| Lot Size | 10,890 | 10,890 |
| Price | $430.0K | $556.0K |
| Price per sq ft | $141 | $305 |
| Built year | 1966 | 1971 |
| HOA | $0 | $133 |
| Days on market | 154 | 70 |
Sep 17, 2026
$430,000
$460,000
-7% Price Drop
Initial Listing
May 23, 2026
$460,000
Initial Listing