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$440,000
EST. MARKET VALUE
$472,496
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $440,000—positioned well below the $472,496 Fair Market Value by 6%. This valuation gap offers $32,496 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this turnkey condo includes luxury finishes, a private balcony, and a custom sauna. As a top-producing NOO STR asset in the West End, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-generating property.
Estimated Market Value
$472,496+$32,496 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 2 bd · 2 ba · 1,195 sqft · $395 | $440,000* List Price | 2 | 2 | 1,195 | $395 | - |
A 3102 W End Cir 303 Sold 2 bd · 2 ba · 1,418 sqft · $289 · 0.1 mi | $410,000 | 2 | 2 | 1,418 | $289 | 0.1 mi |
B 3116 W End Cir 110 Active 2 bd · 2 ba · 1,174 sqft · $443 · 0.0 mi | $520,000 List Price | 2 | 2 | 1,174 | $443 | 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 with high-end finishes including new flooring, fresh paint, and luxurious waterfall countertops. The kitchen and bathrooms are in mint condition with modern fixtures and a custom sauna, requiring no maintenance and fitting the criteria for a property under 10 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
The property is a top-producing Non-Owner Occupied Short Term Rental (NOO STR) with Airbnb/VRBO eligibility, offering significant income potential in a high-demand Nashville market.
- Prime Location
Situated in the heart of West End, the condo boasts exceptional walkability to Vanderbilt University, Centennial Park, and local dining, while remaining just minutes from Broadway.
- Modern Upgrades
Recently renovated with luxury waterfall countertops and new flooring, this unit is one of only two in the building featuring a private balcony and a custom primary bath sauna.
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 Carrying Costs
The monthly association fee of $720 is relatively high for the square footage, which may impact the net cash flow for short-term rental investors.
- School District Ratings
The assigned middle and high schools currently hold lower ratings (4/10), which could limit the property's appeal to long-term owner-occupants with school-aged children.
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 | 1,009.514 |
| Lot Size | 2,178 | 871 |
| Price | $440.0K | $347.6K |
| Price per sq ft | $368 | $343 |
| Built year | 2019 | 2007 |
| HOA | $720 | $334 |
| Days on market | 58 | 92 |
Pricing History
Listed for Sale
Aug 27, 2026
$440,000
Initial Listing