5007 Millerwood Dr, Nashville, TN 37211, Nashville, 37211 - 0 bed, 0 bath
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Nashville, TN 37211
Analysis of 5007 Millerwood Dr, Nashville, TN 37211 is currently available with a list price of $835,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1960, this property is categorized as Fair due to its age and 'lightly updated' status. While it features newer laminate flooring, stone countertops, and stainless steel appliances, the kitchen cabinetry is significantly dated (30+ years). The description notes unfinished studio spaces and ongoing conversions, and while new water heaters are present, the overall structure and primary systems reflect a property that is functional but requires further modernization and completion of repairs.
The property is uniquely positioned for significant revenue, featuring approved RAL zoning for 16 beds and the potential for 9 separate living spaces with a projected monthly income exceeding $10,000.
With 5,800 square feet of living space and a rare 7-car garage complemented by two large paved driveways, this property offers exceptional capacity for multi-generational living or high-occupancy rentals.
Situated in the peaceful Whispering Hills subdivision, the home offers excellent accessibility, located just three minutes from I-65 and in close proximity to the desirable Brentwood area.
Portions of the property, including the bottom-level studio and a second addition, are currently unfinished or in the early stages of conversion, requiring additional capital investment to complete.
The complex layout of multiple attached units and specialized use cases like Veteran Care or RAL will require more intensive property management and maintenance than a standard residential investment.
Multi Family or Investor Catch. This Large splendid, lightly updated 8 bed 6 bath 7 car garage home with an attached apartment, and lower studio apartment is an ideal space if you have a large family needing separate space or looking to rent as separate units for cash flow. Home is located in the lovely Whispering Hills subdivision just minutes to Brentwood and 3 minutes to I65. Great property for large families looking for separate space. The home was intended for an RAL, so previous architectural plans for garage conversions into living space available. Approved RAL zoning and permit for up to 16 beds. Home has potential for 9 living spaces and potential rental income of 10k+ a month. Two main homes are attached by private closed hallway. Home comes mostly turnkey and furnished as in pictures with 2 new sets of washer and dryers and new water heaters. Main Bottom level has partly finished studio to be converted, Second addition has the beginnings of another studio featuring a wheel chair elevator going up to top addition. Land has amazing flowers and herb garden, two large, paved driveways with large parking area in back. Peaceful mature neighborhood. This property has all the potential you can think of. Could also make a great Veteran Care Housing property. Property is currently being rented as mid-term rental, please do not disturb tenants. Come see this amazing and unique property and make it your dream come to life.
No exterior & parking available.
Grades K-4 • 0.3 mi
Grades PK-4 • 1.8 mi
Grades K-4 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,800 | 2,411 | 83% |
| Lot Size | - | - | 50% |
| Price | $835.0K | $431.9K | 83% |
| Price per sq ft | $144 | $164 | 50% |
| Built year | 1960 | 1973 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 242 | 17% |
Apr 20, 2026
$835,000
Initial Listing