
Nashville, TN 37209
This Modern Condo represents a Strong Value Opportunity, listed at $297,500—positioned slightly above the $293,693 Fair Market Value. While the price reflects current market stability, the unit offers a rare, direct pool view and a Mint Condition Rating (built 2022). Featuring a highly efficient 705 sq ft layout, this property includes a coveted HOA lease permit, making it a unique income-producing asset in a restricted building. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, turnkey lifestyle in The Nations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1677 54th Ave N 118 Subject | $297,500* List Price | 1 | 1 | 705 | $417 | - |
A 1677 54th Ave N 232 Sold | $300,000 | 1 | 1 | 705 | $426 | 0.0 mi |
B 1677 54th Ave N 430 Sold | $347,500 | 1 | 1 | 874 | $398 | 0.0 mi |
C 1638 54th Ave N 310 Sold | $285,000 | 1 | 1 | 692 | $412 | 0.1 mi |
D 505 Community Ct 103 Sold | $275,000 | 1 | 1 | 670 | $410 | 0.8 mi |
E 505 Community Ct 301 Sold | $275,000 | 1 | 1 | 727 | $378 | 0.8 mi |
F 1638 54th Ave N 303 Sold | $364,900 | 1 | 1 | 875 | $417 | 0.1 mi |
G 1677 54th Ave N 119 Active | $325,000 List Price | 1 | 1 | 705 | $461 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. It features a modern kitchen with stainless steel appliances, quartz countertops, and hardwood flooring throughout. All systems and common areas are contemporary and require no maintenance.
Situated in the high-growth 'Nations' corridor, this first-floor unit offers convenient, elevator-free access and immediate proximity to trendy restaurants, breweries, and shops.
Unlike many units in the complex that face the street or parking lot, this condo features a rare, direct view of the community pool, significantly enhancing its aesthetic appeal and resale value.
The property includes a limited HOA lease permit in a building with a waitlist, providing a unique opportunity for immediate rental income in a highly regulated owner-oriented community.
The prohibition of short-term rentals and the requirement for a 6-month minimum lease period limit flexibility for investors seeking high-turnover vacation rental returns.
At 705 square feet, the one-bedroom layout is highly efficient but may feel restrictive for buyers requiring extra storage or a dedicated home office area.
First-floor, no-elevator-needed living in the middle of The Nations, one of Nashville's fastest-grown corridors of restaurants, breweries, and shops. Unit 118 at Silo West is a 705 sq ft condo that opens to a direct view of the community pool, a rare draw in a building where most units look at parking or street. The layout uses every foot: open living and kitchen, full bath, and a bedroom sized for a real bed and a real dresser. As a first-floor unit, move-in is simple and daily life skips the elevator entirely. Silo West is a secured-access building with a pool and grill area, community room, package room, and assigned permitted parking. The association enforces long-term occupancy standards: leases require a 6-month minimum and short-term rentals are prohibited building-wide, which keeps the building quiet and owner-oriented. For investors: the seller holds one of Silo West's limited HOA lease permits. In a building where leasing is otherwise restricted and permits carry a waitlist, that permit is the story. Transferability at closing is being confirmed with the Association; buyer to verify with the resale certificate. Priced to move either way. Own a low-maintenance foothold in The Nations, or hold one of the few doors in this building that can legally produce income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 705 | - |
| Lot Size | 871 | - |
| Price | $297.5K | $403.0K |
| Price per sq ft | $422 | $378 |
| Built year | 2022 | 0 |
| HOA | $149 | $0 |
| Days on market | 7 | 193 |
Jul 16, 2026
$297,500
Initial Listing