118 Prescott Pl, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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118 Prescott Pl
Nashville, TN 37211
ACTIVE
CONDITION: GOOD
2Beds
2Baths
896Sq Ft
871Lot Size
Property Price
LIST PRICE$185,000
EST. MARKET VALUE
$153,643
20% AboveMARKET VALUE
SUMMARY
This 2-bedroom condo represents a Strong Value Opportunity, listed at $185,000—positioned well above the $153,643 Fair Market Value by -20%. While the list price exceeds the current valuation, the property features a Condition Rating of 3 with recent cosmetic updates, including new LVP flooring and refreshed cabinetry. The inclusion of a private deck and essential appliances enhances its appeal. This unit is a practical choice for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a convenient South Nashville location.
Estimated Market Value
$153,643
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 |
|---|---|---|---|---|---|---|
★ 118 Prescott Pl Subject | $185,000* List Price | 2 | 2 | 896 | $171 | - |
A 2929 Selena Dr K142 Active | $175,000 List Price | 1 | 1 | 720 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985, the interior shows significant recent cosmetic renovations including new LVP flooring, fresh neutral paint, and updated recessed lighting. The kitchen features refreshed white cabinetry and a modern gooseneck faucet, making the unit move-in ready and well-maintained for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of South Nashville, the property offers excellent proximity to major interstates, shopping, and dining, ensuring high convenience for residents.
- Investment Versatility
With a competitive price point and the ability to lease the unit, this condo presents a strong opportunity for both first-time homebuyers and savvy real estate investors.
- Move-In Ready Value
The unit is well-maintained and includes essential appliances like a washer and dryer, reducing immediate out-of-pocket costs for the buyer.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At just 896 square feet for a two-bedroom layout, the living spaces may feel restrictive for those requiring more room or storage.
- Aging Infrastructure
Built in 1985, the property may require future updates to its original systems or common elements to remain competitive with newer area developments.
About 118 Prescott Pl
Welcome to Prescott Pl where you are just a few minutes from dining, shopping, groceries, major roadways and the interstate. Come see this beautifully kept 2 bedroom condo in the heart of South Nashville. Great place to live or great for an investor to buy and lease out. Washer and dryer convey.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $165 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 896 | 976 |
| Lot Size | 871 | 871 |
| Price | $185.0K | $339.7K |
| Price per sq ft | $206 | $339 |
| Built year | 1985 | 2007 |
| HOA | $165 | $352 |
| Days on market | 28 | 127 |
Pricing History
Listed for Sale
Jul 29, 2026
$185,000
Initial Listing