503 Bismark Dr, Nashville, TN 37210, Nashville, 37210 - 3 bed, 1 bath
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503 Bismark Dr
Nashville, TN 37210
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,200Sq Ft
28,314Lot Size
Property Price
LIST PRICE$384,500
EST. MARKET VALUE
$374,344
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $395,161 Fair Market Value by -3%. Featuring a 3-bedroom, 1-bath layout with a 400 sq. ft. detached apartment, this Fair Condition Rating asset offers significant value-add potential through renovation. The expansive 28,314 sq. ft. lot and 2-car detached garage provide rare utility in the Donelson area. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with immediate rental income potential.
Estimated Market Value
$374,344
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 503 Bismark Dr Subject | $384,500* List Price | 3 | 1 | 1,200 | $312 | - |
A 2009 Lebanon Pike Active | $389,000 List Price | 3 | 1 | 1,250 | $311 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958 and sold 'as-is,' this property is a classic rehab candidate. While the description mentions 'good bones' and new kitchen flooring, the cabinetry, wall paneling, and overall aesthetic indicate the kitchen and likely the single bathroom have not had a major renovation in over 30 years. The age of the home and the 'make it your own' marketing suggest that major systems (HVAC/Electric) and interiors need significant updating to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28314, living area = 1200.
- Income Potential
The property features a separate 400 sq. ft. apartment, providing a versatile space for rental income, a home office, or a private in-law suite.
- Prime Location
Situated in the trendy Donelson area, the home offers exceptional convenience to downtown Nashville, BNA Airport, and Opry Mills.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which likely necessitates additional capital investment for modern updates and repairs.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the current layout may be a drawback for larger families or buyers looking for modern convenience.
About 503 Bismark Dr
Additional 400 Sq. Ft. Apartment. Well sought after area of Nashville in hip Donelson, convenient to downtown, airport, Opry Mills. Great bones to make this house your own. Income potential with a separate apartment or in law quarters. House has concrete ramp for anyone that is handicapped or in need of a ramp. Beautiful Hardwood floors in Living room, Den/Dining room, and bedrooms, new flooring in Kitchen, beautiful stone fireplace, one level, all brick home. Large level lot and 2 car detached garage. Great investment. Being sold as is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 28,314 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Mcgavock Elementary School
Grades K-4 • 1.0 mi
4/10
Two Rivers Middle School
Grades 5-8 • 2.9 mi
3/10
Mcgavock Comp High School
Grades 9-12 • 2.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,200 | 2,093.129 |
| Lot Size | 28,314 | 10,890 |
| Price | $384.5K | $568.3K |
| Price per sq ft | $320 | $307 |
| Built year | 1958 | 1971 |
| HOA | $0 | $137 |
| Days on market | 28 | 69 |
Pricing History
Listed for Sale
Aug 28, 2026
$384,500
$389,000
-1% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$389,000
$410,000
-5% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$410,000
Initial Listing