620 Templewood Dr, Nashville, TN 37214, Nashville, 37214 - 2 bed, 1 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well above the $333,901 Fair Market Value by -16%. Featuring a detached 1-bedroom guest house on a 12,197 sqft lot, the asset offers significant rental income potential. With a Condition Rating of 5, the property requires a full renovation to modernize its 1955 infrastructure. This project is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add strategy in the desirable Donelson area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 Templewood Dr Subject | $389,900* List Price | 2 | 1 | 1,418 | $235 | - |
A 2932 Emery Dr Sold | $290,000 | 2 | 1 | 1,195 | $243 | 0.2 mi |
B 3111 Boulder Park Dr Sold | $320,000 | 3 | 2 | 1,475 | $217 | 0.3 mi |
C 3140 Boulder Park Dr Sold | $315,000 | 3 | 1 | 1,056 | $298 | 0.4 mi |
D 611 Templewood Dr Active | $300,000 List Price | 2 | 1 | 1,110 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1955 (69+ years old) with no evidence of recent renovations. The 'Sold AS IS' status, combined with marketing language emphasizing 'investment potential' and the need to 'customize to fit needs,' indicates the home requires a full rehab. Given the age and lack of updates, the kitchen, baths, and major systems are likely beyond their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1418.
The detached 1-bedroom, 1-bath guest house with a full kitchen provides exceptional value for rental income, multi-generational living, or a private home office.
Situated in a highly desirable area, this property offers excellent proximity to downtown Nashville, BNA Airport, and major commuter routes, ensuring strong long-term desirability.
The property is being sold in 'As-Is' condition, which implies the need for immediate capital investment for repairs, modernization, or deferred maintenance.
With only one bathroom in the main residence, the layout may be a drawback for modern buyers or families seeking a primary suite or higher bathroom-to-bedroom ratio.
Guest house on the back of the property adds versatility and potential! The detached 1-bedroom, 1-bath unit includes its own kitchen (refrigerator and stove provided) and living area, making it ideal for extended family, guests, a home office, or potential rental income. The main home offers a flexible floor plan with a fireplace, spacious rooms, and a sunroom overlooking the backyard. Located in the highly desirable Donelson area, this property is just minutes from downtown Nashville, BNA Airport, shopping, restaurants, and commuter routes. A rare opportunity for buyers seeking additional living space, investment potential, or a property they can customize to fit their needs. Sold AS IS!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,418 | - |
| Lot Size | 12,197 | - |
| Price | $389.9K | $556.8K |
| Price per sq ft | $275 | $306 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 484 |
Jul 22, 2026
$389,900
Initial Listing
Dec 19, 1996
$74,000
Public Record