
N 118, Nashville, TN 37209
This High-Potential Investment Opportunity is listed at a List Price of $289,999, which aligns with its $289,999 Fair Market Value. Located in the heart of The Nations, this Mint Condition condo features a rare direct pool view and a highly coveted HOA lease permit, making it a standout Asset. The unit offers a modern, low-maintenance lifestyle with high-end finishes and immediate access to Nashville’s premier breweries and dining. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1677 54th Ave Subject 1 bd · 1 ba · 705 sqft · $397 | $279,900* List Price | 1 | 1 | 705 | $397 | - |
A 1677 54th Ave N 119 Sold 1 bd · 1 ba · 705 sqft · $458 · 0.0 mi | $323,000 | 1 | 1 | 705 | $458 | 0.0 mi |
B 1677 54th Ave N 232 Sold 1 bd · 1 ba · 705 sqft · $426 · 0.0 mi | $300,000 | 1 | 1 | 705 | $426 | 0.0 mi |
C 1677 54th Ave N 439 Sold 1 bd · 1 ba · 874 sqft · $394 · 0.0 mi | $344,000 | 1 | 1 | 874 | $394 | 0.0 mi |
D 1638 54th Ave N 230 Sold 1 bd · 1 ba · 703 sqft · $416 · 0.1 mi | $292,500 | 1 | 1 | 703 | $416 | 0.1 mi |
E 1638 54th Ave N 310 Sold 1 bd · 1 ba · 692 sqft · $412 · 0.1 mi | $285,000 | 1 | 1 | 692 | $412 | 0.1 mi |
F 505 Community Ct 103 Sold 1 bd · 1 ba · 670 sqft · $410 · 0.8 mi | $275,000 | 1 | 1 | 670 | $410 | 0.8 mi |
G 1638 54th Ave N 228 Sold 1 bd · 1 ba · 874 sqft · $406 · 0.1 mi | $355,000 | 1 | 1 | 874 | $406 | 0.1 mi |
H 505 Community Ct 301 Sold 1 bd · 1 ba · 727 sqft · $378 · 0.8 mi | $275,000 | 1 | 1 | 727 | $378 | 0.8 mi |
I 1677 54th Ave N 119 Active 1 bd · 1 ba · 705 sqft · $461 · 0.0 mi | $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, a large island, contemporary finishes, and pristine hardwood flooring throughout, requiring absolutely no maintenance.
Situated in The Nations, one of Nashville's fastest-growing neighborhoods, this first-floor unit offers immediate access to trendy amenities and breweries without the need for elevators.
Unlike many units in the building 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 inclusion of a limited HOA lease permit provides a unique advantage in a building with strict rental caps, allowing for immediate income generation in a high-demand area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 750.
The prohibition of short-term rentals and the 6-month minimum lease requirement may deter investors looking for high-turnover vacation rental yields.
At 705 square feet, the unit offers a relatively small footprint, which may limit its appeal to buyers seeking more expansive living or storage areas.
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 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 705 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $279.9K | $347.6K |
| Price per sq ft | $397 | $343 |
| Built year | 2022 | 2007 |
| HOA | $149 | $334 |
| Days on market | 100 | 92 |
Oct 6, 2026
$279,900
$289,999
-3% Price Drop
Initial Listing
Jul 16, 2026
$289,999
Initial Listing