1020B 40th Ave N, Nashville, TN 37209, Nashville, 37209 - 2 bed, 2 bath
Loading property details...
Nashville, TN 37209
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $325,000, which aligns perfectly with its $325,000 Fair Market Value. Built in 2018, the property maintains an Excellent Condition Rating, featuring modern white shaker cabinetry and contemporary stone-patterned countertops. Its location in The Nations offers a vibrant lifestyle with proximity to major medical centers and dining. With No HOA Fees, this residence provides a rare, cost-effective entry point into a high-growth market, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020B 40th Ave N Subject | $325,000* List Price | 2 | 2 | 870 | $374 | - |
A 1638 54th Ave N 303 Sold | $364,900 | 1 | 1 | 875 | $417 | 0.9 mi |
B 1638 54th Ave N 234 Sold | $362,500 | 1 | 1 | 874 | $415 | 0.9 mi |
C 505 Community Ct 302 Active | $364,900 List Price | 2 | 2 | 1,017 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for excellent condition. The interior showcases modern, high-quality finishes including white shaker cabinetry, stainless steel GE appliances, and contemporary stone-patterned countertops in the kitchen. The bathrooms feature updated tile surrounds with decorative niches and marble-look flooring. With neutral paint, clean baseboards, and modern flooring throughout, the home appears virtually new with no visible deferred maintenance.
Situated in The Nations, one of Nashville's most vibrant and fastest-growing neighborhoods, providing excellent proximity to trendy dining, shopping, and major medical centers.
Built in 2018, this residence offers contemporary finishes and updated building systems, ensuring lower maintenance costs and better energy efficiency than older area homes.
The absence of monthly association fees is a rare and significant financial benefit for a condominium-style property, increasing overall affordability and reducing monthly carrying costs.
At just 870 square feet for a two-bedroom unit, the layout is quite compact, which may be a deterrent for buyers requiring more storage or generous living space.
With 77 days on the market and a history of price adjustments, the property may be facing challenges in buyer perception or stiff competition from newer inventory.
Well-designed home in the heart of The Nations, one of Nashville’s fastest-growing neighborhoods. This residence offers an efficient, functional layout that maximizes living space and provides comfortable everyday living. Conveniently located near popular restaurants, shops, and local amenities. Just minutes from Downtown Nashville with easy access to major hospitals including TriStar Centennial Medical Center and Ascension Saint Thomas Midtown. Situated in an area experiencing continued growth and development, making this an excellent opportunity for homeowners or investors seeking location and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 58% |
| Baths | 2.0 | 1.0 | 58% |
| Square foot | 870 | 896 | 25% |
| Lot Size | 436 | 871 | 25% |
| Price | $325.0K | $346.2K | 8% |
| Price per sq ft | $374 | $370 | 50% |
| Built year | 2018 | 2016 | 50% |
| HOA | $0 | $194 | 17% |
| Days on market | 138 | 352 | 17% |
May 10, 2026
$325,000
$330,000
-2% Price Drop
Initial Listing
Jan 29, 2026
$330,000
Initial Listing