504 McDonald Dr, Nashville, TN 37217, Nashville, 37217 - 4 bed, 3 bath
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504 McDonald Dr
Nashville, TN 37217
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,073Sq Ft
19,602Lot Size
Property Price
LIST PRICE$424,000
EST. MARKET VALUE
$399,577
6% AboveMARKET VALUE
SUMMARY
FULL_VERSION
This Versatile Single Family Residence is a High-Potential Investment Opportunity, listed at $469,000—positioned well below the $457,660 Fair Market Value by -2%. While the list price is slightly above market, the property offers significant utility through its Private Basement Living Quarters and 0.43-Acre Lot. With a Condition Rating of 3, the home is move-in ready with recent cosmetic updates. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a flexible, multi-generational living space near BNA.
SEO VERSION
Renovated 4BR Nashville home with private basement suite and large 0.43-acre lot. Move-in ready, ideal for income potential or multi-generational living.
Estimated Market Value
$399,577
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 |
|---|---|---|---|---|---|---|
★ 504 McDonald Dr Subject | $424,000* List Price | 4 | 3 | 2,073 | $193 | - |
A 722 Robert Burns Dr Sold | $385,000 | 4 | 3 | 2,581 | $149 | 0.3 mi |
B 603 Glenpark Ct Sold | $374,900 | 3 | 2 | 1,644 | $228 | 0.2 mi |
C 722 Robert Burns Dr Active | $445,000 List Price | 4 | 3 | 2,581 | $172 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the 1960s home has a very recent (2026) cosmetic refresh including new appliances, flooring, and paint, the kitchen and bathrooms retain dated structural elements. Photos show painted original cabinetry, laminate countertops, and older wall tiling rather than a full modern gut renovation. It is functional and move-in ready, but does not meet the 'Excellent' standard for high-end finishes.
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 = 19602, living area = 2073.
- Income Potential
The private basement suite with a separate entrance, bedroom, and full bath offers excellent flexibility for an in-law suite or a potential income-producing rental unit.
- Turnkey Renovation
The home is completely move-in ready, featuring extensive updates including new flooring, refinished hardwoods, modern appliances, and updated plumbing and lighting fixtures.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2073, other record living area = 1966. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- School District Ratings
The assigned middle and high schools currently hold lower performance ratings (3/10 and 2/10 respectively), which may be a concern for families prioritizing educational rankings.
- Property Age
Originally built in 1960, the home may possess older infrastructure or layout limitations common to its era that cosmetic renovations might not fully address compared to new construction.
About 504 McDonald Dr
Take advantage of this opportunity to own a beautifully updated 4-bedroom, 2.5-bath home with approximately 2,073 square feet situated on a spacious 0.45-acre lot. The seller has invested approximately $50,000 in recent improvements and updates, making this home truly move-in ready. Recent improvements include a new roof, refinished hardwood floors, new flooring, fresh interior paint, new stainless steel appliances, updated lighting, ceiling fans, modern fixtures, and additional updates throughout the home. The finished lower level features a private entrance, bedroom, and full bath, providing flexible space for guests, a home office, recreation area, or additional private living space. Enjoy a large backyard and two-car garage, plus a convenient Nashville location with quick access to downtown, Nashville International Airport, Briley Parkway, I-24, and I-440. A one-year home warranty is included for additional peace of mind. New price. 4 bedrooms. 2.5 baths. Over 2,000 square feet. Nearly half an acre. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 19,602 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glengarry Elementary School
Grades PK-4 • 0.3 mi
5/10
Wright Middle School
Grades 5-8 • 1.9 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,073 | 2,093.129 |
| Lot Size | 19,602 | 10,890 |
| Price | $424.0K | $568.3K |
| Price per sq ft | $205 | $307 |
| Built year | 1960 | 1971 |
| HOA | $0 | $137 |
| Days on market | 60 | 69 |
Pricing History
Listed for Sale
Sep 8, 2026
$424,000
$429,000
-1% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$429,000
$439,900
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$439,900
$459,900
-4% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$459,900
$469,000
-2% Price Drop
Initial Listing
Price Change
Jul 11, 2026
$469,000
Initial Listing
Sold
Jul 29, 1994
$94,000
Public Record