849 Todd Preis Dr, Nashville, TN 37221, Nashville, 37221 - 3 bed, 2 bath
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849 Todd Preis Dr
Nashville, TN 37221
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,365Sq Ft
1,307Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$250,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $250,000, which aligns with the current $250,000 Fair Market Value. While the property requires significant updates, its Condition Rating of 5 provides a blank canvas for value-add renovations. Located in the heart of Bellevue, this single-level Condominium offers a functional layout near essential amenities. This asset is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the demand for renovated housing in this established Nashville submarket.
Estimated Market Value
$250,000
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 |
|---|---|---|---|---|---|---|
★ 849 Todd Preis Dr Subject 3 bd · 2 ba · 1,365 sqft · $183 | $250,000* List Price | 3 | 2 | 1,365 | $183 | - |
A 937 General George Patton Rd Sold 3 bd · 2 ba · 1,622 sqft · $197 · 0.3 mi | $320,000 | 3 | 2 | 1,622 | $197 | 0.3 mi |
B 848 General George Patton Rd Sold 3 bd · 2 ba · 1,633 sqft · $193 · 0.2 mi | $315,000 | 3 | 2 | 1,633 | $193 | 0.2 mi |
C 810 Bellevue 242 Sold 2 bd · 1 ba · 912 sqft · $208 · 0.4 mi | $190,000 | 2 | 1 | 912 | $208 | 0.4 mi |
D 961 Todd Preis Dr Active 2 bd · 2 ba · 1,398 sqft · $193 · 0.3 mi | $270,000 List Price | 2 | 2 | 1,398 | $193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976, this 50-year-old property is mostly in its original condition and requires a complete rehab. The kitchen and bathrooms feature highly outdated 1970s wallpaper, original cabinetry with missing panels, and an old harvest-gold stove. The carpets are heavily stained and worn throughout, and the listing explicitly states it is being sold 'AS-IS' and needs TLC.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Bellevue Location
Situated in the heart of Bellevue, this property offers exceptional convenience with immediate proximity to popular shopping centers and local restaurants.
- Single-Level Accessibility
The one-level floor plan provides a highly functional and accessible layout, making it an attractive option for buyers seeking ease of movement without stairs.
- Value-Add Potential
Marketed as a 'blank canvas' at a competitive price point for a 3-bedroom home in Nashville, this property presents a significant opportunity to build equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property requires 'TLC' and is being sold in as-is condition, which may necessitate immediate capital expenditure and could limit financing options for some buyers.
- Extended Market Time
With 110 days on the market, the property may face perception challenges regarding its price-to-condition ratio compared to faster-moving local inventory.
About 849 Todd Preis Dr
This one level home has 3 bedrooms and two full baths with a great location in the heart of Bellevue close to shopping and restaurants! It is a blank canvas that is ready for a little TLC! Grab this one while you have the chance! Selling AS-IS. Inspections welcomed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $340 / Month
Neighborhood Insights
Nashville Unified Schools
Westmeade Elementary School
Grades K-4 • 3.3 mi
6/10
Bellevue Middle School
Grades 5-8 • 0.5 mi
3/10
Hillwood Comp High School
Grades 9-12 • 5.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,365 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $250.0K | $347.6K |
| Price per sq ft | $183 | $343 |
| Built year | 1976 | 2007 |
| HOA | $340 | $334 |
| Days on market | 137 | 92 |
Pricing History
Listed for Sale
Jun 9, 2026
$250,000
Initial Listing