1808 State St 113, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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Nashville, TN 37203
This Strategic Midtown Condominium is a Strong Value Opportunity, listed at $310,000—positioned well below the $340,897 Fair Market Value by 9%. This valuation gap secures $30,897 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the residence features modern marble-style tile and wood-look flooring from recent renovations. Located moments from The Gulch and Vanderbilt University, the property offers high rental demand and proximity to Eakin Elementary. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban walkability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1808 State St 113 Subject | $310,000* List Price | 2 | 2 | 800 | $426 | - |
A 2325 Elliston Pl 410 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.7 mi |
B 2325 Elliston Place 408 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.7 mi |
C 700 Church St 207 Sold | $330,000 | 1 | 2 | 778 | $424 | 1.0 mi |
D 700 Church St 203 Sold | $350,000 | 1 | 1 | 786 | $445 | 1.0 mi |
E 1803 Broadway 509 Sold | $350,000 | 1 | 1 | 820 | $427 | 0.4 mi |
F 1510 Demonbreun St 505 Sold | $310,000 | 1 | 1 | 785 | $395 | 0.6 mi |
G 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.
Property is move-in ready.
Built in 1987 but shows evidence of a recent partial renovation (likely within the last 5 years). The bathroom features modern marble-style tile and updated fixtures, and the living areas have newer wood-look flooring. While the kitchen has upgraded granite countertops, the appliances appear basic and the cabinetry is likely original but painted, placing it firmly in the 'Good' category for move-in readiness.
Situated moments from The Gulch, Music Row, and Downtown Nashville, this property offers exceptional walkability and immediate access to the city's premier dining and entertainment districts.
The proximity to major institutions like Vanderbilt and Belmont Universities provides significant long-term value and makes it an ideal candidate for a high-demand rental property.
The availability of conventional financing for this unit is a significant advantage in the Nashville condo market, lowering the barrier to entry for primary residence buyers.
At 800 square feet for a two-bedroom, two-bathroom configuration, the living areas and bedrooms may feel undersized compared to more modern urban developments.
The property is zoned for several schools with low performance ratings, including Pearl Cohn Magnet High and McKissack Middle, which could be a drawback for families.
Live where everyone wants to be. This first-floor unit at places you moments from The Gulch, Music Row, and downtown Nashville’s vibrant scene. Surrounded by some of Nashville’s most sought-after universities including Vanderbilt University and Belmont University, this location offers incredible rental and long-term value potential. With conventional financing available, this is a rare opportunity for a primary residence. Easy access, unbeatable location, and walkability buyers are searching for—schedule your showing before it’s gone.
No exterior & parking available.
Grades K-4 • 1.5 mi
Grades PK-4 • 1.5 mi
Grades PK-4 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 800 | 1,100 | 28% |
| Lot Size | 871 | 871 | 50% |
| Price | $310.0K | $400.0K | 33% |
| Price per sq ft | $388 | $422 | 31% |
| Built year | 1987 | 2014 | 13% |
| HOA | $223 | $446 | 22% |
| Days on market | 19 | 319 | 2% |
May 1, 2026
$310,000
Initial Listing