
Nashville, TN 37214
This Hybrid Residential Asset represents a High-Potential Investment Opportunity, listed at $349,900—positioned slightly above the $345,815 Fair Market Value. While the price reflects current market stability, the property offers significant upside through its Detached Guest House and Large 12,197 sqft Lot. With a Condition Rating of 3, the home features recent cosmetic updates but remains an "As-Is" sale. This versatile layout is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through multi-generational living or leasing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 Templewood Dr Subject 2 bd · 1 ba · 1,418 sqft · $244 | $349,900* List Price | 2 | 1 | 1,418 | $244 | - |
A 520 Cottonwood Dr Sold 4 bd · 2 ba · 1,261 sqft · $305 · 0.3 mi | $385,000 | 4 | 2 | 1,261 | $305 | 0.3 mi |
B 952 Colfax Drive Sold 3 bd · 1 ba · 1,191 sqft · $269 · 0.8 mi | $320,000 | 3 | 1 | 1,191 | $269 | 0.8 mi |
C 2932 Emery Dr Sold 2 bd · 1 ba · 1,195 sqft · $243 · 0.2 mi | $290,000 | 2 | 1 | 1,195 | $243 | 0.2 mi |
D 611 Templewood Dr Sold 2 bd · 1 ba · 1,110 sqft · $234 · 0.1 mi | $260,000 | 2 | 1 | 1,110 | $234 | 0.1 mi |
E 3243 Cloverwood Dr Sold 4 bd · 2 ba · 1,612 sqft · $217 · 0.7 mi | $350,000 | 4 | 2 | 1,612 | $217 | 0.7 mi |
F 3213 Cloverwood Dr Sold 4 bd · 3 ba · 1,445 sqft · $284 · 0.5 mi | $410,000 | 4 | 3 | 1,445 | $284 | 0.5 mi |
G 522 Stewarts Ferry Pike Sold 3 bd · 2 ba · 1,749 sqft · $194 · 0.8 mi | $339,900 | 3 | 2 | 1,749 | $194 | 0.8 mi |
H 620 Templewood Ct Active 2 bd · 1 ba · 1,418 sqft · $261 · 0.1 mi | $369,900 List Price | 2 | 1 | 1,418 | $261 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1955, the property has undergone a recent cosmetic refresh including new luxury vinyl plank flooring and fresh paint throughout. The kitchen features functional appliances and painted cabinetry, making it move-in ready, though the 'As-Is' sale suggests original systems may be aged.
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-bathroom guest house with its own kitchen and living area provides significant versatility for rental income, a home office, or multi-generational living.
Situated in the desirable Donelson area, the property offers excellent proximity to BNA Airport, downtown Nashville, and major commuter routes, enhancing its long-term value.
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 restrictive for modern buyer expectations and could limit the property's appeal to larger households.
Guest house on the back of the property adds versatility and potential! 2138 sf total per tax record! 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 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,418 | 2,045.139 |
| Lot Size | 12,197 | 10,890 |
| Price | $349.9K | $556.0K |
| Price per sq ft | $247 | $305 |
| Built year | 1955 | 1971 |
| HOA | $0 | $133 |
| Days on market | 23 | 70 |
Oct 1, 2026
$349,900
Initial Listing
Dec 19, 1996
$74,000
Public Record