
Nashville, TN 37212
This Spacious Urban Condominium is a Strong Value Opportunity, listed at $585,000—positioned well below the $615,510 Fair Market Value by 4%. This valuation gap provides $30,510 in Instant Equity. Maintaining a Good Condition Rating, the unit features a desirable industrial aesthetic with exposed concrete ceilings, a multi-level layout, and two gated parking spaces. Located in the heart of Music Row near Vanderbilt University, it balances urban convenience with dual private balconies. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1101 18th Ave S 206 Subject | $585,000* List Price | 2 | 3 | 1,522 | $404 | - |
A 3000 Vanderbilt Pl 217 Sold | $569,500 List Price | 2 | 2 | 1,144 | 1.0 mi | |
B 1010 16th Ave S 301 Sold | $529,000 | 2 | 2 | 1,270 | $417 | 0.2 mi |
C 1010 16th Ave S 301 Sold | $529,000 | 2 | 2 | 1,270 | $417 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10 to 20-year age range for a 'good' condition rating. The unit appears move-in ready and well-maintained with a desirable industrial aesthetic featuring exposed concrete ceilings. While the carpeting and some fixtures appear to be original to the construction and show minor wear, the overall condition is functional with no immediate major renovations required.
Perfectly situated near Vanderbilt University, Belmont University, and Music Row, this property offers exceptional walkability and access to Nashville's most desirable educational and cultural hubs.
The inclusion of two designated, gated parking spaces is a major competitive advantage in this high-density area, providing significant value and peace of mind for residents.
Featuring over 1,500 square feet across two floors with dual balconies, the floor plan offers a sense of separation and outdoor living that is rare for urban condominium units.
The monthly HOA fee of $543 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which could limit the property's appeal to families with older children.
Unit 206 in 1101 18th Building has two designated parking spaces that are gated. Condo is near Vanderbilt University, Belmont University, and Music Row. This condo has two floors, with a large balcony off living room and a small balcony off the Primary Bedroom. The half bathroom is just off the living rm space downstairs. The other two bathrooms are connected to bedrooms upstairs. The location speaks for it's self if this is the area of Nashville you have been hoping to reside in
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-8 • 1.9 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 60% |
| Baths | 3.0 | 1.0 | 92% |
| Square foot | 1,522 | 762 | 84% |
| Lot Size | 871 | 871 | 50% |
| Price | $585.0K | $295.0K | 88% |
| Price per sq ft | $384 | $384 | 52% |
| Built year | 2007 | 2007 | 50% |
| HOA | $543 | $383 | 80% |
| Days on market | 38 | 205 | 4% |
Mar 15, 2026
$585,000
Initial Listing