
Nashville, TN 37211
This property presents a Strong Value Opportunity with a List Price of $264,000—positioned slightly above the $262,874 Fair Market Value. As a turnkey rental asset in Good Condition, the unit features a stable lease through July 2027 at $1,700/month, ensuring immediate cash flow. Located in the walkable Lenox Village with proximity to top-rated schools like May Werthan Shayne Elementary, this property maintains high tenant demand. This is a stable, low-maintenance acquisition ideal for Buy-and-Hold Investors or passive income seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8045 Bienville Dr 5 Subject 2 bd · 2 ba · 1,174 sqft · $224 | $264,000* List Price | 2 | 2 | 1,174 | $224 | - |
A 7005 Lenox Village Dr 2 Sold 2 bd · 2 ba · 1,162 sqft · $224 · 0.3 mi | $260,000 | 2 | 2 | 1,162 | $224 | 0.3 mi |
B 8043 Bienville Dr 6 Active 2 bd · 1 ba · 1,000 sqft · $245 · 0.0 mi | $245,000 List Price | 2 | 1 | 1,000 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it at the threshold of the 'Good' category. The interior appears well-maintained and functional with move-in ready laminate flooring and clean paint. The kitchen features dated but functional black appliances and standard cabinetry consistent with its age, making it a viable turnkey investment as noted in the listing.
The property is a turnkey investment with a lease already in place through July 2027 at $1,700 per month, providing guaranteed cash flow for the next several years.
Located in the desirable Lenox Village, this home offers a high level of walkability to local retail, dining, and community amenities, which sustains high tenant demand.
The unit is situated within very close proximity (under 0.4 miles) to both the elementary and middle schools, making it highly attractive for families and long-term renters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1701.
The long-term lease through 2027 effectively excludes owner-occupant buyers, restricting the potential market strictly to investors for the foreseeable future.
With 239 days on the market, the property may be facing stagnant interest, which could impact future resale perception or indicate a disconnect between price and current investor yield requirements.
*CALLING ALL INVESTORS! This unit rents out for $1700 and has a lease in place through 7/2027*
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 0.2 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,174 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $264.0K | $347.6K |
| Price per sq ft | $225 | $343 |
| Built year | 2006 | 2007 |
| HOA | $258 | $334 |
| Days on market | 260 | 92 |
Feb 6, 2026
$264,000
Initial Listing