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3904 Milford Rd, Nashville, TN 37218

3904 Milford Rd, Nashville, TN 37218, Active at $249,900 ($289/sq ft). 1 bd · 1 ba · 864 sqft · $289/sqft · 0.59 ac.

Active · $249,900

1 bed1 bath864 sq ft$289 /sq ft0.59 acres

MLS #3545774 · listed August 31, 2026 · 53 days on market · updated September 10, 2026

1-bed, 1-bath home at 3904 Milford Rd in Fairview, Nashville, 864 sqft, $249,900 ($289/sqft), by Elam Real Estate.

The quick read

3904 Milford Rd is a 1-bedroom, 1-bath home in Nashville, TN 37218, offered at $249,900, about $289/sq ft across 864 sq ft.

At $289/sq ft, this home is about 5% above the Nashville 37218 median list price per square foot of $276.

Market read: the Fairview market is buyer-favored, at about 6.5 months of inventory; recent sales have closed near 98.1% of list over the past year.

All-in, about $1,723/mo at 20% down (7.33% 30-year fixed).

At the current 7.33% 30-year rate, principal and interest on this home runs about $1,375/mo; at the 6.81% rate of about three months ago it would be roughly $1,305/mo, so monthly P&I is about $70 higher now.

School zone: assigned to Cumberland Elementary, Haynes Middle, Whites Creek High. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 3904 Milford Rd (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 10, 2026. Realtracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Description of 3904 Milford Rd

Bring your vision to this half-acre+ property in Nashville, TN, which presents an excellent opportunity for investors, builders, or anyone searching for redevelopment potential in the growing Middle Tennessee market! The existing home is a teardown, allowing the next owner to start fresh and explore the possibilities this spacious lot has to offer. With no HOA, the property provides added flexibility without monthly association fees or HOA restrictions. The generous 0.59 acre lot offers potential for new construction or an investment project, subject to applicable zoning and building requirements. Enjoy convenient access to Nashville shopping, restaurants, entertainment, employment centers, major roadways, and everyday essentials. Whether you're looking for your next investment or a property ready for a new vision, this Nashville real estate opportunity is worth exploring!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

Built 1951New construction

Full property details

Complete reported fields for 3904 Milford Rd (reference).

MLS #3545774
StatusActive
Price$249,900
Price / sqft$289
Bedrooms1
Bathrooms1
Living area864 sqft
Lot size0.59 acres
Year built1951
All 24 property fields
Stories1
HeatingOther
CoolingYes
BasementOther, Yes
ParkingDetached
Annual taxes$1,336
AppliancesNone
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
SubdivisionFairview
CountyDavidson
ListedAugust 31, 2026
Days on market53
UpdatedSeptember 10, 2026

Listing activity

DateEventPriceChange
Listed$249,900
Deed recorded$131,000
Quitclaim deed$0
Deed recorded$10,000

Listed August 31, 2026, this listing has been on the market 53 days as of October 23, 2026. The asking price has not changed since it was listed.

  • Listed at $249,900, about 91% above the last recorded sale ($131,000, February 24, 2020).
  • County assessment: $189,900 total appraised value (land $96,300 + improvements $93,600).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

History at this address

3904 Milford Rd has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.

DateEventPriceSource
Listed for sale$249,900Realtracs MLS #3545774
Listing removed—Realtracs MLS #3135390
Listed for sale$249,900Realtracs MLS #3135390
Sold (public record)$131,000Public record
Sold (public record)$10,000Public record

Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.

Assessment history

The Davidson County Assessor's appraised value of 3904 Milford Rd by year: $30,400 in 1999 to $189,900 in 2025, a change of +525%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$96,300$75,000$18,600$189,900ROLL
2021$41,000$69,600$17,100$127,700ROLL
2017$30,000$47,700$14,100$91,800ROLL
2013$20,000$37,700$14,100$71,800ROLL
2009$20,000$41,400$10,600$72,000ROLL
2005$20,000$33,700$10,000$63,700ROLL
2002$18,000$32,000$0$50,000JUNE
2001$18,000$30,800$10,400$59,200ROLL
2000$15,800$14,600$0$30,400ROLL
1999$15,800$14,600$0$30,400ROLL

Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.

Cost of ownership

Estimated monthly ownership for 3904 Milford Rd at $249,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.

List price$249,900
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 3904 Milford Rd, Nashville

Estimated total monthly payment for 3904 Milford Rd is about $1,723/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $1,375, estimated property tax $145, homeowners insurance $203. Estimate only; not a loan offer.

Principal & interest$1,375/mo
Property tax (est.)$145/mo
Homeowners insurance (est.)$203/mo
Estimated total$1,723/mo

Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 23, 2026). Property tax uses the Davidson County General Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.33%$1,241/mo$1,589/mo-$134/mo
6.83%$1,307/mo$1,655/mo-$68/mo
7.33%$1,375/mo$1,723/mocurrent
7.83%$1,443/mo$1,791/mo+$68/mo
8.33%$1,513/mo$1,861/mo+$138/mo

Principal & interest on a 30-year fixed at 20% down ($199,920 loan), with property tax, insurance held constant at $348/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.

Buy versus rent, 3904 Milford Rd

Owning 3904 Milford Rd runs about $1,723/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.

Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.

Property-tax outlook

The Davidson County appraised value of $189,900 trails the $249,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,321 now to roughly $1,738 (appraised value times the 25% Tennessee residential ratio times the Davidson County General Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.

How this home is priced

How 3904 Milford Rd compares in Nashville 37218

MetricThis homeNashville 37218 activeRecently sold
Price / sq ft$289$279 median-
Price position55th pctile+4% vs median-
Nashville 37218 vs greater Nashville--17%-

This listing beside the active Nashville 37218 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 24, 2026.

How this home compares in Nashville 37218

Among the 147 active homes in Nashville 37218, this home at $289/sq ft falls in the 55th percentile on price per square foot.

Nashville 37218 trades about 17% below greater Nashville on a price-per-square-foot basis.

Taken together, this home reads in line with Nashville 37218 on a per-square-foot basis.

Computed by Grant Hammond from 147 Nashville 37218 comparables (Realtracs via IDX), as of October 24, 2026, refreshed weekly.

Home prices by high-school zone in Davidson County

Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.

High-school zoneMedian $/sq ft
Hillsboro$460/sq ft
Stratford$369/sq ft
Pearl-Cohn$318/sq ft
Maplewood$317/sq ft
Glencliff$282/sq ft
James Lawson$273/sq ft
John Overton$263/sq ft
McGavock$236/sq ft
Hunters Lane$233/sq ft
Whites Creek$233/sq ft
Cane Ridge$220/sq ft
Antioch$212/sq ft

Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).

Competition & market pace

Active listings218 in Fairview
Recent absorptionabout 33.5 sales / mo
Months of inventory6.5 months, a buyer-favored market (ample supply)

Over the past 12 months, homes in Fairview sold at about 98.1% of list price.

Recorded sales in Fairview: 8 in the past 12 months.

Supply-side and recent-sale context for Fairview. Sale figures are trailing 6/12/24-month medians of recorded Fairview closings. Source Realtracs via IDX, as of October 11, 2026.

Location & neighborhood

3904 Milford Rd sits in Fairview, Nashville, Davidson County.

Nashville 37218 market snapshot

In Nashville 37218, homes there are priced around $276 per square foot; inventory in Fairview is running at about 6.5 months, a buyer-favored market; recent sales in Fairview closed near 98.1% of list price; 8 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.

Approximately 4.9 miles from downtown Nashville (straight-line distance).

Assigned schools

3904 Milford Rd is zoned for Cumberland Elementary, Haynes Middle, Whites Creek High. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

Ask Grant about 3904 Milford Rd

Get the full details, recent comparable sales, and any off-market options for 3904 Milford Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 3904 Milford Rd, by price and size.

Listed by Rachel Kelley, Elam Real Estate. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

Nashville real estate insights

Read: Nashville Housing Market 2026 Outlook and Forecast
Nashville Housing Market 2026 Outlook and Forecast

Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.

Read: Middle Tennessee Real Estate Market Update September 2026
Middle Tennessee Real Estate Market Update September 2026

September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Popular searches in Nashville

Frequently asked questions about 3904 Milford Rd

Is 3904 Milford Rd, Nashville still for sale?

As of the latest update (September 10, 2026), 3904 Milford Rd, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 3904 Milford Rd been on the market?

3904 Milford Rd was listed on August 31, 2026 and has been on the market 53 days as of October 23, 2026, per Realtracs.

Has the price of 3904 Milford Rd changed?

No. The asking price has been $249,900 since it was listed on August 31, 2026.

How much does 3904 Milford Rd, Nashville cost?

3904 Milford Rd, Nashville is listed at $249,900, about $289 per square foot across 864 square feet.

How many bedrooms and bathrooms does 3904 Milford Rd, Nashville have?

1 bedroom and 1 bathroom.

What is the price per square foot?

About $289 per square foot ($249,900 across 864 sqft).

When was 3904 Milford Rd, Nashville built?

3904 Milford Rd, Nashville was built in 1951.

Does 3904 Milford Rd, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

No HOA dues are reported for this home.

What subdivision is 3904 Milford Rd, Nashville in?

3904 Milford Rd, Nashville is in the Fairview subdivision of Nashville.

What is the estimated monthly payment for 3904 Milford Rd, Nashville?

About $1,723 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $1,375, estimated property tax $145, insurance $203. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 3904 Milford Rd, Nashville zoned for?

3904 Milford Rd, Nashville is zoned for Cumberland Elementary, Haynes Middle, Whites Creek High. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

Is 3904 Milford Rd, Nashville a short-term-rental property?

No, 3904 Milford Rd, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 3904 Milford Rd, Nashville?

Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.

How do I make an offer on 3904 Milford Rd, Nashville?

Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Are more photos and details available for 3904 Milford Rd, Nashville?

Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.

Who can tell me more about 3904 Milford Rd, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 3904 Milford Rd, Nashville priced compared to the market?

At about $289 per square foot, 3904 Milford Rd, Nashville ranks in the 56th percentile of active Nashville 37218 listings by price per square foot, roughly 5% above the Nashville 37218 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Fairview market favoring buyers or sellers?

The Fairview market is currently buyer-favored (ample supply), at about 6.5 months of inventory; recent sales have closed near 98.1% of list price over the past year, per Realtracs as of October 11, 2026.

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