1808 State St Unit 101, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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1808 State St Unit 101
Nashville, TN 37203
ACTIVE
CONDITION: FAIR
2Beds
2Baths
800Sq Ft
871Lot Size
Property Price
LIST PRICE$280,000
EST. MARKET VALUE
$279,046
SUMMARY
This Strong Value Opportunity is a centrally located condo listed at $280,000, positioned well below the $279,046 Fair Market Value by -0.34%. While the equity gap is minimal, the property offers stability in a high-demand urban corridor. Featuring a Condition Rating of 4, the unit includes a new 2023 HVAC and updated appliances, minimizing immediate capital expenditure. Its prime location near the Virgin Hotel and Demonbreun provides exceptional walkability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry point into Nashville’s vibrant core.
Estimated Market Value
$279,046
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 Unit 101 Subject 2 bd · 2 ba · 800 sqft · $349 | $280,000* List Price | 2 | 2 | 800 | $349 | - |
A 1808 State St 113 Sold 2 bd · 2 ba · 800 sqft · $375 · 0.0 mi | $300,000 | 2 | 2 | 800 | $375 | 0.0 mi |
B 1803 Broadway 120 Sold 1 bd · 1 ba · 851 sqft · $387 · 0.4 mi | $329,000 | 1 | 1 | 851 | $387 | 0.4 mi |
C 1808 State St 207 Active 2 bd · 2 ba · 800 sqft · $360 · 0.0 mi | $288,000 List Price | 2 | 2 | 800 | $360 | 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 (>20 years old) and features a dated kitchen with laminate countertops and older cabinet styles. However, it is well-maintained and move-in ready with key system updates, including a new HVAC in 2023 and recently replaced appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Nashville near Demonbreun and the Virgin Hotel, this condo offers exceptional walkability to premier nightlife, dining, and entertainment.
- Exceptional Value
Priced at $280,000, this unit represents a rare opportunity to own a 2-bedroom, 2-bathroom condo in the 37203 zip code at a highly competitive price point for the area.
- Recent Capital Improvements
The property features a new HVAC system installed in 2023 with wifi control, along with a recently replaced dishwasher, oven, and primary toilet, reducing immediate maintenance concerns.
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 = 802.
- Extended Market Time
With over 200 days on the market, the property may face challenges regarding buyer perception or potential underlying issues that have deterred a quick sale.
- Compact Living Space
At only 800 square feet for a two-bedroom, two-bathroom layout, the interior proportions are relatively tight, which may limit appeal for those seeking more spacious accommodations.
About 1808 State St Unit 101
Want drinks at the Virgin Hotel Rooftop Pool and Bar? How about live music at Live Oak? That “redwood deck on Demonbreun? Yeah, all closeby and easy to get to. Talk about a centrally located condo. Find another 2 bedroom, 2 bathroom condo nearby at this price. You can’t! Well-maintained unit with new HVAC in 2023 with wifi control, dishwasher, oven, and primary toilet replaced within the last few years. Don’t miss this opportunity to be right in the middle of the Nashville action!
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
- $223 / 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 • 1.7 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 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $280.0K | $347.6K |
| Price per sq ft | $350 | $343 |
| Built year | 1987 | 2007 |
| HOA | $223 | $334 |
| Days on market | 240 | 92 |
Pricing History
Listed for Sale
Feb 26, 2026
$280,000
Initial Listing
Sold
Aug 17, 1994
$45,000
Public Record