1808 State St 207, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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1808 State St 207
Nashville, TN 37203
ACTIVE
CONDITION: FAIR
2Beds
2Baths
800Sq Ft
871Lot Size
Property Price
LIST PRICE$288,000
EST. MARKET VALUE
$290,296
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $288,000—positioned well below the $290,297 Fair Market Value by 0.79%. This valuation gap offers $2,297 in Instant Equity. Featuring a Condition Rating of 4, the unit includes recent mechanical upgrades like a new HVAC and water heater. Its prime Midtown location near Vanderbilt University ensures strong rental demand. This is a Buy-and-Hold Investor asset ideal for first-time buyers seeking a turnkey, high-walkability urban residence.
Estimated Market Value
$290,296
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 |
|---|---|---|---|---|---|---|
★ 1808 State St 207 Subject | $288,000* List Price | 2 | 2 | 800 | $363 | - |
A 1808 State St 113 Sold | $300,000 | 2 | 2 | 800 | $375 | 0.0 mi |
B 2325 Elliston Place 408 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.6 mi |
C 2325 Elliston Pl 410 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.7 mi |
D 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 0.4 mi |
E 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 0.4 mi |
F 1808 State St 101 Active | $309,950 List Price | 2 | 2 | 800 | $387 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1987 (37 years old) and features a significantly dated bathroom with original-style fixtures and finishes. While the listing notes essential system upgrades including a new HVAC and water heater, plus fresh paint, the overall aesthetic and core areas like the bathroom require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Midtown Location
The property boasts exceptional walkability to Vanderbilt University, Ascension Saint Thomas, and West End's vibrant dining scene, making it a highly desirable location for professionals and students.
- Recent Mechanical Upgrades
With a brand-new HVAC system and water heater, the unit offers significant value by reducing immediate maintenance costs and improving energy efficiency for the new owner.
- Turnkey Investor Opportunity
The combination of fresh paint, included appliances (refrigerator, washer/dryer), and a competitive price point in the 37203 zip code makes this a move-in-ready asset for investors.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At only 800 square feet for a two-bedroom, two-bathroom unit, the living and dining areas are relatively small, which may limit appeal for buyers seeking more spacious interiors.
- Limited Parking
The unit is assigned only one parking space, which can be a significant drawback for multi-car households or roommates in a densely populated urban area.
About 1808 State St 207
Walk to Ascension Saint Thomas, Restaurants on WestEnd, and the other Midtown businesses including Vanderbilt University. And short 10 min ride to Broadway. 2nd floor unit with two bedrooms and two full-baths. Open living and dining. New HVAC and Water Heater. Freshly Painted; Refrigerator and Washer/Dryer stay. HOA includes water/sewer, trash, and pest control. One parking space assigned to unit and there are 7 Visitor parking spaces. GREAT Investor Opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $225 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 1.5 mi
7/10
Buena Vista Elementary Enhanced Option
Grades PK-4 • 1.5 mi
4/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 1.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 800 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $288.0K | $339.9K |
| Price per sq ft | $360 | $344 |
| Built year | 1987 | 2007 |
| HOA | $225 | $329 |
| Days on market | 42 | 91 |
Pricing History
Listed for Sale
Aug 12, 2026
$288,000
$298,900
-4% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$298,900
Initial Listing