503 Ben Allen Rd, Nashville, TN 37216, Nashville, 37216 - 3 bed, 3 bath
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503 Ben Allen Rd
Nashville, TN 37216
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,660Sq Ft
18,731Lot Size
Property Price
LIST PRICE$515,000
EST. MARKET VALUE
$559,340
7% BelowMARKET VALUE
SUMMARY
This French Colonial-inspired residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $559,340 Fair Market Value by 7%. This valuation gap offers $44,340 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with a newer roof and updated flooring. The property offers significant lifestyle appeal with panoramic skyline views and three outdoor living spaces, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Estimated Market Value
$559,340+$44,340 Equity Potential
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 Ben Allen Rd Subject 3 bd · 3 ba · 1,660 sqft · $337 | $515,000* List Price | 3 | 3 | 1,660 | $337 | - |
A 902 McMahan Ave Sold 3 bd · 2 ba · 1,443 sqft · $346 · 0.7 mi | $499,000 | 3 | 2 | 1,443 | $346 | 0.7 mi |
B 4311 Saunders Ave Sold 4 bd · 2 ba · 1,380 sqft · $388 · 0.9 mi | $535,000 | 4 | 2 | 1,380 | $388 | 0.9 mi |
C 544 Maplewood Ln Active 2 bd · 2 ba · 1,330 sqft · $316 · 0.5 mi | $420,000 List Price | 2 | 2 | 1,330 | $316 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990, the property is well-maintained and move-in ready with significant recent updates including a newer roof, fresh paint, and updated flooring. The kitchen has been modernized with a subway tile backsplash and stone countertops, and the overall condition exceeds the 'Fair' threshold due to the lack of necessary repairs.
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 = 18731, living area = 1660.
- Skyline Views & Outdoor Living
The property features three exceptional outdoor spaces, including a primary suite deck and a large front porch that offer coveted views of the downtown Nashville skyline.
- Expansive Private Lot
Situated on a 0.43-acre wooded lot, the property provides a rare level of privacy and significant redevelopment potential in the high-demand East Nashville market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18731, other record lot size in square feet = 65776.
- Seasonal View Obstruction
The skyline views are noted as seasonal, suggesting that the mature trees on the wooded lot likely block the primary view during the spring and summer months.
- Older Construction Profile
Built in 1990, the 1,660 sqft French Colonial layout may feel dated or less functional compared to the modern open-concept floor plans common in newer area builds.
About 503 Ben Allen Rd
VIEWS OF DOWNTOWN NASHVILLE ON 1/2 ACRE LOT - ASKED ABOUT THE 1% FOR CLOSING COST WHEN USING PREFERRED LENDER . Charming and move-in ready, this French Colonial–inspired East Nashville home offers privacy, character, and downtown Nashville skyline views. Situated on a wooded 0.43-acre lot. TONS OF UPGRADES: freshly painted, refinished hardwood floors, NO CARPET - LVT flooring upstairs, new lighting, LARGE deck in the backyard, 2 large balconies on the front of the house with views of downtown Nashville. New Security system, Large Laundry room, 3-bedroom, 2.5-bath residence features abundant natural light, spacious living and dining areas, updated flooring, and a newer roof. Enjoy three exceptional outdoor living spaces: a large covered front porch, an oversized rear deck overlooking the private backyard, and a second-floor deck off the primary suite with seasonal skyline views. Conveniently located just minutes from downtown Nashville. Investors will appreciate the property’s potential as an income-producing home or possible redevelopment opportunity. Sit on your front porch and enjoy your morning coffee with a beautiful view of the Nashville Skyline or enjoy the very private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 18,731 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,660 | 2,045.139 |
| Lot Size | 18,731 | 10,890 |
| Price | $515.0K | $556.0K |
| Price per sq ft | $310 | $305 |
| Built year | 1990 | 1971 |
| HOA | $0 | $133 |
| Days on market | 12 | 70 |
Pricing History
Listed for Sale
Oct 12, 2026
$515,000
Initial Listing