1519 Meridian St 3, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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Nashville, TN 37207
This High-Potential Investment Opportunity is a turnkey, 2022-built condo listed at $719,900, positioned well below the $722,044 Fair Market Value by 0.3%. Featuring a 4-bed, 4-bath layout with a private deck and Excellent Condition Rating, this asset generates $65k in annual gross income. While the $600 HOA fee and lower-rated middle/high schools are considerations, the property’s proximity to downtown and East Nashville dining ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate, furnished cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1519 Meridian St 3 Subject | $699,900* List Price | 4 | 4 | 1,782 | $367 | - |
A 137 Elmhurst Ave Sold | $590,000 | 3 | 3 | 2,087 | $283 | 0.5 mi |
B 137 Elmhurst Ave Sold | $590,000 | 3 | 3 | 2,087 | $283 | 0.5 mi |
C 1710 Lischey Ave Sold | $620,000 | 3 | 2 | 1,448 | $428 | 0.2 mi |
D 64 Fern Ave 4 Sold | $650,000 List Price | 2 | 3 | 1,453 | 0.8 mi | |
E 1121 N 2nd Street Sold | $600,000 | 3 | 3 | 1,495 | $401 | 0.7 mi |
F 1413 Pennock Ave Active | $699,000 List Price | 4 | 2 | 1,926 | $363 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is well within the <10-year age bracket for an excellent rating. The interior features modern finishes, including updated bathroom tiling and contemporary flooring, and the overall structure appears to be in mint condition with no maintenance required.
Currently operating as a successful short-term rental with $65k in gross income and sold fully furnished, providing an immediate, move-in ready income stream for investors.
Built in 2022, this spacious end-unit features four bedrooms with three ensuites and two laundry rooms, offering a highly desirable configuration for roommates or high-occupancy rentals.
Ideally situated within walking distance to East Nashville's vibrant restaurant scene and just minutes from downtown, ensuring strong demand and long-term desirability.
The $600 monthly association fee is relatively high, which increases monthly carrying costs and may impact the net ROI for investment-focused buyers.
While elementary ratings are fair, the property is zoned for middle and high schools with very low ratings (2/10), which could limit appeal to long-term family residents.
Modern, spacious, 4 bed 4 bath, end unit condo. Minutes from downtown and walkable to restaurants in east nashville!! 3 full ensuites, all spacious bathrooms and 2 laundry rooms. Currently utilized as an owner occupied short term rental with gross income of $65k. Being offered fully furnished or non furnished so its move in ready and income producing right away.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades PK-4 • 0.7 mi
Grades 5-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 1,782 | 1,451.5 | 66% |
| Lot Size | - | 8,712 | 4% |
| Price | $699.9K | $375.0K | 95% |
| Price per sq ft | $393 | $232 | 90% |
| Built year | 2022 | 1970 | 93% |
| HOA | $600 | $0 | 99% |
| Days on market | 68 | 358 | 1% |
May 27, 2026
$699,900
$719,900
-3% Price Drop
Initial Listing
Apr 7, 2026
$719,900
Initial Listing