119 Mason Avenue 201, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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119 Mason Avenue 201
Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,195Sq Ft
2,178Lot Size
Property Price
LIST PRICE$455,000
EST. MARKET VALUE
$503,611
9% BelowMARKET VALUE
SUMMARY
This contemporary condo represents a Strong Value Opportunity, listed at a List Price of $455,000—positioned well below the $503,612 Fair Market Value by 9%. This valuation gap offers $48,612 in Instant Equity. Featuring an Excellent Condition Rating, this unit includes premium upgrades like waterfall countertops and a custom sauna. As a rare NOO STR-eligible Asset, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, turnkey property in the heart of Nashville’s vibrant West End.
Estimated Market Value
$503,611+$48,611 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 119 Mason Avenue 201 Subject | $455,000* List Price | 2 | 2 | 1,195 | $421 | - |
A 3116 W End Cir 205 Active | $498,000 List Price | 2 | 2 | 1,119 | $445 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019 and recently renovated, this property is in mint condition. It features a modern kitchen with new waterfall countertops, updated flooring, fresh paint, and a luxurious primary bath with a custom sauna, all well within the 10-year age threshold for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property is a rare Non-Owner Occupied Short Term Rental (NOO STR) eligible unit, offering high-yield potential for Airbnb/VRBO in a top-producing Nashville location.
- Exceptional Value
Listed at over $100,000 below its recent appraisal, this unit provides significant immediate equity and a strong competitive advantage in the desirable West End market.
- Premium Features
This unit is one of only two in the building with a balcony and includes high-end upgrades like waterfall countertops, a custom primary bath sauna, and two gated parking spots.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2328.
- High Association Fees
The monthly association fee of $720 is substantial, which may impact the overall net operating income for investors or the monthly budget for owner-occupants.
- Mixed School Ratings
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (4/10), which could be a consideration for families prioritizing long-term educational consistency.
About 119 Mason Avenue 201
OVER $100K BELOW APPRAISAL **Non-Owner Occupied Short Term Rental, NOO STR, Airbnb/VRBO allowed** Contemporary condo in the heart of desirable West End walkable to restaurants, shopping, Centennial Park, Vanderbilt University and mere minutes to Broadway! **ONE of only two units in the building with a balcony** Recently renovated- all new flooring, fresh paint, luxurious waterfall countertops and decor furniture. Custom fitted Sauna in Primary bath conveys. Gated/covered parking garage with two assigned parking spots. Elevator access. Top producing NOO STR unit. Proforma available upon request. Buyer/Buyer's Agent to verify all pertinent information.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 2,178 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $720 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 0.9 mi
7/10
West End Middle School
Grades 5-8 • 0.9 mi
4/10
Hillsboro High School
Grades 9-12 • 2.7 mi
4/10
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 | 1,195 | 1,009.207 |
| Lot Size | 2,178 | 871 |
| Price | $455.0K | $339.9K |
| Price per sq ft | $381 | $344 |
| Built year | 2019 | 2007 |
| HOA | $720 | $329 |
| Days on market | 13 | 91 |
Pricing History
Listed for Sale
Aug 27, 2026
$455,000
Initial Listing