305 Norway Ct, Nashville TN 37211
Great Investment Opportunity with Immediate Rental Income! This well-maintained property is an excellent income-producing investment located in a quiet neighborhood with NO HOA. The property has been recently updated with new windows, a renovated bathroom and vanity, new light fixtures, granite countertops with a new faucet, new LVP flooring, fresh paint, and a new back deck. The property is currently rented for $1,350 per month, with the lease in place through August 31, 2027, providing the new owner with immediate and stable rental income without the need to find a new tenant. Convenientl
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is offered at $258 per square foot, compared with a $290 median for active 2-bedroom homes in Nashville. Its asking price falls near the 32nd percentile of that active group. The comparison uses 1,050 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 8 days, while the current cohort averages 57 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $471,950, and the median is $247 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 220 Nunley Dr | Jul 29, 2026 | 4 bd · 2,518 sqft | $502,000 | 0.1 mi |
| 208 Norway Ter | Jul 6, 2026 | 4 bd · 2,600 sqft | $497,500 | 0.1 mi |
| 557 Cathy Jo Cir | Jul 29, 2026 | 4 bd · 2,015 sqft | $350,000 | 0.1 mi |
| 3724 Valley Ridge Dr | Jun 12, 2026 | 4 bd · 1,820 sqft | $459,000 | 0.2 mi |
| 3340 Mimosa Dr | Jun 18, 2026 | 3 bd · 1,490 sqft | $520,000 | 0.2 mi |
| 174 Wheeler Ave | May 29, 2026 | 3 bd · 2,002 sqft | $484,900 | 0.2 mi |
| 716 Seven Mile Ct | Jun 24, 2026 | 2 bd · 756 sqft | $200,000 | 0.3 mi |
| 295 Cathy Jo Dr | Aug 31, 2026 | 3 bd · 1,200 sqft | $325,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $199,000 · Active
- $199,000 · Active
- $199,000 · Active
- $194,900 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester54.6 miles straight-line · roughly 97 driving minutes
- Downtown Manchester55.2 miles straight-line · roughly 99 driving minutes
- Downtown Tullahoma58.2 miles straight-line · roughly 104 driving minutes
- Arnold Air Force Base60.2 miles straight-line · roughly 107 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report