1808 State St 311, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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Nashville, TN 37203
Analysis of 1808 State St 311, Nashville, TN 37203 reveals a Prime Investment Opportunity with a current list price of $315,000—significantly undercutting the $341,081 Fair Market Value by 7%. This valuation gap indicates a +$26,081 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1808 State St 311 Subject | $315,000* List Price | 2 | 2 | 800 | $426 | - |
A 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 0.4 mi |
B 2325 Elliston Place 408 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.7 mi |
C 2325 Elliston Pl 410 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.7 mi |
D 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 0.4 mi |
E 600 12th Ave S 607 Sold | $319,900 | 1 | 1 | 660 | $485 | 0.9 mi |
F 1808 State St 113 Active | $310,000 List Price | 2 | 2 | 800 | $388 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1987, the unit is move-in ready with a renovated kitchen featuring granite countertops and stainless steel appliances. The interior shows updated flooring and modern fixtures, placing it in the well-maintained 5-15 year renovation category.
The property boasts an exceptional walkability score, located within walking distance to Vanderbilt University, Centennial Park, and Music Row, making it highly attractive for urban professionals and students.
With a 30-day minimum lease term permitted, this condo offers significant potential for medium-term rentals, providing a versatile opportunity for both owner-occupants and investors.
The thoughtfully designed split-bedroom floor plan maximizes the 800-square-foot space, offering privacy for roommates or a dedicated home office environment.
The assigned middle and high schools have low ratings (2/10), which may deter families and impact long-term resale value for certain buyer demographics.
At only 800 square feet for a two-bedroom unit, the living and dining areas may feel constrained for buyers accustomed to more spacious modern builds.
Experience the best of Midtown living in this move-in-ready, top-floor 2-bedroom, 2-bath condo featuring skyline views and an unbeatable location. This thoughtfully designed 800-square-foot home offers an open living and dining area filled with natural light, an updated kitchen with granite countertops and stainless steel appliances, and a split-bedroom layout perfect for roommates, guests, or a home office. Enjoy your morning coffee from the private balcony overlooking Midtown, then walk to Vanderbilt University, Centennial Park, Music Row, restaurants, coffee shops, and entertainment. Just minutes from Downtown Nashville, this condo combines comfort, convenience, and city living. State Street Condos permits rentals with a 30-day minimum lease term, providing added flexibility for owners and investors. Don’t miss this opportunity to own in one of Nashville’s most sought-after neighborhoods.
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 |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 800 | - |
| Lot Size | - | - |
| Price | $315.0K | $403.0K |
| Price per sq ft | $394 | $378 |
| Built year | 1987 | 0 |
| HOA | $223 | $0 |
| Days on market | 19 | 193 |
Jun 22, 2026
$315,000
Initial Listing