116 31st Ave N 301, Nashville, TN 37203, Nashville, 37203 - 1 bed, 2 bath
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116 31st Ave N 301
Nashville, TN 37203
ACTIVE
CONDITION: FAIR
1Beds
2Baths
1,185Sq Ft
1,742Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$422,146
6% AboveMARKET VALUE
SUMMARY
This Spacious Urban Condominium is a Strong Value Opportunity, listed at $469,000—positioned above the $449,191 Fair Market Value. While the price reflects a premium, the property offers a Fair Condition Rating with significant upside for cosmetic modernization. Featuring a top-floor end unit layout, private balcony, and secured parking, it provides a rare, light-filled lifestyle near Vanderbilt and Centennial Park. With its generous 1,185 sqft footprint, this property is an ideal acquisition for Owner-Occupants seeking a walkable urban lifestyle or Buy-and-Hold Investors targeting the high-demand Nashville rental market.
Estimated Market Value
$422,146
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 |
|---|---|---|---|---|---|---|
★ 116 31st Ave N 301 Subject | $449,000* List Price | 1 | 2 | 1,185 | $356 | - |
A 3100 West End Circle 102 Active | $434,900 List Price | 2 | 2 | 1,232 | $353 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 2000, making it 24 years old with no mention of recent renovations. While the unit appears well-maintained and move-in ready, the finishes are dated, specifically the brass bathroom fixtures and pedestal sink. Based on the criteria for properties over 20 years old that are functional but dated, it is rated as fair.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Unit Positioning
As a top-floor end unit, this condo offers maximum privacy and an abundance of natural light from extra windows, a rare find in high-density urban living.
- Exceptional Walkability
The property is ideally located within walking distance to Centennial Park, Vanderbilt University, and numerous dining options, offering a highly desirable urban lifestyle.
- Generous Living Space
At 1,185 square feet, this one-bedroom unit is significantly larger than average, providing ample room for a home office, extensive storage, and comfortable entertaining.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $435 monthly association fee is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Potential for Modernization
Built in 2000, the interior finishes and fixtures may require cosmetic updates to compete with the sleek, modern aesthetics of newer luxury developments in the Nashville market.
About 116 31st Ave N 301
Great condo in excellent location. End unit on top floor with lots of windows and light. Very spacious with lots of storage and secured covered parking. Large open living/dinning area with gas fireplace and french doors to private balcony. With this open floor plan, there are so many options for furniture plaement. Hard wood flooring and tiled baths. Spacious kitchen with lots of cupboard space. All appliances included. Washer and dryer hookups and stacking washer and dryer included. Linen closet, coat closet, broom closet, outdoor storage closet and huge walk in closet in bedroom. Ceiling fan in bedroom. Whirlpool tub. Walking distance to several very nice restaurants, Centennial park and Vanderbilt. Easy access to 440 loop.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 0.7 mi
7/10
West End Middle School
Grades 5-8 • 1.0 mi
4/10
Hillsboro High School
Grades 9-12 • 2.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,185 | 1,009.207 |
| Lot Size | 1,742 | 871 |
| Price | $449.0K | $339.9K |
| Price per sq ft | $379 | $344 |
| Built year | 2000 | 2007 |
| HOA | $435 | $329 |
| Days on market | 51 | 91 |
Pricing History
Listed for Sale
Aug 29, 2026
$449,000
$469,000
-4% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$469,000
Initial Listing