
Nashville, TN 37211
This Versatile Multi-Unit Property is a High-Potential Investment Opportunity, listed at $589,000—positioned well below the $576,386 Fair Market Value by -2%. Featuring a 3-bedroom main house and a separate 1-bedroom apartment with dedicated utilities, this home offers significant income potential. With a Condition Rating of 3 and 2021 HVAC upgrades, the property is move-in ready. While flood insurance is required, the 0.6-acre lot provides rare space. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Versatile Nashville home with separate 1-bedroom apartment. 4 beds, 4 baths, 2630 sqft on 0.6 acres. Updated HVAC, income potential, and move-in ready condition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5005 Suter Dr Subject | $575,000* List Price | 4 | 4 | 2,630 | $215 | - |
A 428 Coventry Dr Active | $550,000 List Price | 4 | 2 | 2,349 | $234 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1967, the property is well-maintained and move-in ready. Major systems are updated with HVACs replaced in 2021 (<5 years). The kitchen features a modern renovation with stainless steel appliances, updated countertops, and a contemporary backsplash. Hardwood floors throughout appear to be in good condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26136, living area = 2630.
The property features a separate 1-bedroom, 1-bath apartment with its own dedicated utilities, offering a turnkey opportunity for rental income, a guest retreat, or multi-generational living.
Both HVAC systems were replaced in 2021, providing the buyer with improved energy efficiency and reducing the risk of immediate large-scale maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The requirement for mandatory flood insurance indicates a higher environmental risk and adds a permanent additional cost to the monthly mortgage payment.
While the elementary schools are highly rated, the assigned middle and high schools have significantly lower ratings, which may deter families with older children.
Investment & Family Living at 5005 Suter Drive! Endless possibilities await at this unique Nashville property! Enjoy a rare combination of comfort, convenience, and investment opportunity with proven rental history. Main House: 3 Bedrooms, 3 Bathrooms; Attached Apartment: 1 Bedroom, 1 Bathroom; Separate Utilities for each living space; Both HVAC's were replaced in 2021; Perfect for multi-generational living or immediate rental income. Washer and Dryer in main house to remain.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades K-4 • 1.4 mi
Grades K-4 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,630 | - |
| Lot Size | 26,136 | - |
| Price | $575.0K | $556.8K |
| Price per sq ft | $219 | $306 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 484 |
Jul 13, 2026
$575,000
$584,000
-2% Price Drop
Initial Listing
Jun 26, 2026
$584,000
$589,000
-1% Price Drop
Initial Listing
Jun 17, 2026
$589,000
Initial Listing