1803 Broadway 516, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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1803 Broadway 516
Nashville, TN 37203
ACTIVE
CONDITION: GOOD
1Beds
1Baths
620Sq Ft
871Lot Size
Property Price
LIST PRICE$289,000
EST. MARKET VALUE
$289,000
SUMMARY
This Urban Contemporary Studio Flat represents a Strong Value Opportunity, listed at a List Price of $289,000, which aligns perfectly with its $289,000 Fair Market Value. Featuring a Condition Rating of 3, the unit includes significant mechanical upgrades like a 2025 HVAC and hot water heater. Residents benefit from dedicated covered parking and premium amenities, including a rooftop terrace with city views. Its prime Midtown location offers exceptional walkability to Vanderbilt and Music Row. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey urban lifestyle.
Estimated Market Value
$289,000
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 |
|---|---|---|---|---|---|---|
★ 1803 Broadway 516 Subject 1 bd · 1 ba · 620 sqft · $466 | $289,000* List Price | 1 | 1 | 620 | $466 | - |
A 1803 Broadway 513 Sold 1 bd · 1 ba · 620 sqft · $460 · 0.0 mi | $285,000 | 1 | 1 | 620 | $460 | 0.0 mi |
B 600 12th Ave S 712 Sold 1 bd · 1 ba · 670 sqft · $551 · 0.7 mi | $369,000 | 1 | 1 | 670 | $551 | 0.7 mi |
C 1803 Broadway 120 Sold 1 bd · 1 ba · 851 sqft · $387 · 0.0 mi | $329,000 | 1 | 1 | 851 | $387 | 0.0 mi |
D 600 12th Ave S 607 Sold 1 bd · 1 ba · 660 sqft · $485 · 0.7 mi | $319,900 | 1 | 1 | 660 | $485 | 0.7 mi |
E 600 12th Ave S 1914 Sold 1 bd · 1 ba · 824 sqft · $455 · 0.7 mi | $375,000 | 1 | 1 | 824 | $455 | 0.7 mi |
F 1808 State St 113 Sold 2 bd · 2 ba · 800 sqft · $375 · 0.4 mi | $300,000 | 2 | 2 | 800 | $375 | 0.4 mi |
G 1803 Broadway 318 Active 1 bd · 1 ba · 608 sqft · $485 · 0.0 mi | $294,900 List Price | 1 | 1 | 608 | $485 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005, the property is well-maintained and move-in ready. While the building is 21 years old, the unit features excellent system updates including a brand new HVAC and hot water heater (2025), along with updated quartz countertops and stainless steel appliances in the kitchen.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Midtown Location
The property boasts exceptional walkability to Vanderbilt University, Music Row, and Downtown Nashville, offering a highly desirable urban lifestyle for professionals and students.
- Recent Mechanical Upgrades
With a brand-new HVAC system and hot water heater installed in 2025, the unit offers significant value by reducing immediate capital expenditure and maintenance concerns for the buyer.
- Unique Parking Convenience
The dedicated parking spot is located on the same level as the unit within a secured garage, providing rare 'no-elevator' access that is highly coveted in high-rise living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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 = 954.
- Compact Studio Layout
At 620 square feet, the studio flat configuration offers limited living space and lack of a private bedroom, which may restrict the potential buyer pool to singles or investors.
- Extended Days on Market
Having been active for 83 days, the property is experiencing slower-than-average market absorption, which could suggest the current price point is high relative to studio-specific demand.
About 1803 Broadway 516
Urban Contemporary 1 Bedroom/ 1 bath Studio Flat in Midtown- Impressive walkability to Downtown, Vanderbilt, Music Row, Belmont and shopping. Quartz counter tops, New hvac and hot water heater 2025. Dedicated parking spot #171 within steps on the same level inside a covered secured parking garage- no elevator required. Amenities include on-site property management & weekend/night concierge services, fitness center lounge/social area, bistro area, main floor courtyard, city view rooftop terrace with grills, dog run, bike rack and a 24 hour gym. Great place for someone looking to embrace all Nashville has to offer at an affordable price.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 1.3 mi
7/10
West End Middle School
Grades 5-8 • 2.2 mi
4/10
Hillsboro High School
Grades 9-12 • 3.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 620 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $289.0K | $347.6K |
| Price per sq ft | $466 | $343 |
| Built year | 2005 | 2007 |
| HOA | $380 | $334 |
| Days on market | 106 | 92 |
Pricing History
Listed for Sale
Jul 10, 2026
$289,000
Initial Listing