1803 Broadway 516, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This Urban Contemporary Studio is a Strong Value Opportunity, listed at $309,500—positioned well below the $298,444 Fair Market Value by -3%. While the list price reflects a premium, the property features an Excellent Condition Rating with 2025 HVAC and hot water heater upgrades and Quartz Countertops. Residents enjoy a City View Rooftop Terrace and unmatched walkability to Vanderbilt and Downtown. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-lifestyle urban residence in the heart of Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1803 Broadway 516 Subject | $309,500* List Price | 1 | 1 | 620 | $481 | - |
A 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 0.0 mi |
B 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 0.0 mi |
C 600 12th Ave S 607 Sold | $319,900 | 1 | 1 | 660 | $485 | 0.7 mi |
D 1803 Broadway 624 Active | $310,000 List Price | 1 | 1 | 608 | $510 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 2005, the property qualifies for an excellent rating due to significant recent renovations (<5 years). It features brand new HVAC and hot water heater systems installed in 2025, updated quartz countertops, and modern stainless steel appliances, ensuring no immediate maintenance is required.
The property boasts exceptional walkability to Downtown, Vanderbilt, Music Row, and Belmont, making it a highly desirable location for urban professionals and students.
The installation of a brand-new HVAC system and hot water heater in 2025 provides significant value and peace of mind regarding immediate maintenance costs.
The dedicated parking spot is located on the same level as the unit within a secured garage, offering rare 'no-elevator' convenience in a mid-rise building.
At 620 square feet, the studio-style layout may feel restrictive for buyers seeking a more spacious or traditional one-bedroom configuration.
While the elementary school is well-rated, the associated middle and high schools have lower ratings, which may affect long-term resale appeal for family-oriented buyers.
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.
No exterior & parking available.
Grades K-4 • 1.3 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 620 | - |
| Lot Size | 871 | - |
| Price | $309.5K | $403.0K |
| Price per sq ft | $499 | $378 |
| Built year | 2005 | 0 |
| HOA | $380 | $0 |
| Days on market | 12 | 193 |
Jul 10, 2026
$309,500
Initial Listing