
Nashville, TN 37215
This High-Potential Investment Opportunity is a turnkey 1-bedroom condominium listed at $225,000, positioned slightly above the $213,139 Fair Market Value. While the property carries a Fair Condition Rating due to its 1978 construction, it offers immediate, stable cash flow with a tenant secured through February 2027. Located in the prestigious Green Hills area, the asset benefits from proximity to top-tier universities and high-end retail. This is a strategic acquisition for Buy-and-Hold Investors or long-term portfolio builders seeking a low-maintenance, income-generating asset in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Summit Ridge Dr Subject | $215,000* List Price | 1 | 1 | 716 | $277 | - |
A 403 Summit Ridge Pl Active | $279,000 List Price | 1 | 1 | 716 | $390 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 46-year-old property falls into the 'Fair' category as it is over 20 years old with dated features. While the kitchen has received cosmetic updates including white cabinetry and 'granite-look' (laminate) countertops, the appliances and overall aesthetic remain dated. The property is functional and tenant-occupied, but the age of the structure and visible deferred maintenance on community amenities like the tennis court indicate it is past its prime and needs modernization.
Elementary School: Glendale Elementary School (9/10).
Situated in one of Nashville's most prestigious neighborhoods, the property offers exceptional proximity to high-end shopping at The Mall at Green Hills and major universities including Vanderbilt and Belmont.
This turnkey investment features a tenant in place through February 2027 with a scheduled rent increase, ensuring consistent cash flow and immediate ROI for the next owner.
The long-term lease commitment through early 2027 prevents immediate use as a primary residence, effectively restricting the buyer pool to investors only.
Constructed in 1978, the property may require more frequent maintenance or future capital improvements to common areas compared to newer condominium developments in the area.
Green Hills convenience, Four Seasons amenities, and income potential already in motion. This tenant-occupied condo offers a smart opportunity to own in one of Nashville’s most connected locations, with updated rental information available upon request. Tucked into the wooded Four Seasons community, the setting feels pleasantly removed while still keeping you close to the places people actually use every day. Hill Center Green Hills is approximately 1 mile away, The Mall at Green Hills is about 1.6 miles away, and Hillsboro Pike, Harding Place, I-440, downtown Nashville, Vanderbilt, Belmont, Lipscomb, Trevecca, and Nashville International Airport are all conveniently accessible. Inside, the condo offers a comfortable, functional layout with a spacious living area, full walk-in closet, in-unit washer and dryer, and an efficient kitchen with white cabinetry and granite-look countertops. Four Seasons adds to the appeal with community amenities including a pool, clubhouse, tennis court, and a tucked-away setting in the heart of it all. Select photos have been virtually staged to help illustrate the space’s potential and give buyers a clearer picture of how the home can live and feel. Whether you are looking for income potential, a future personal residence, or a low-maintenance foothold in a high-demand area, the condo brings together location, convenience, amenities, and possibility in one compelling package.
No exterior & parking available.
Grades K-4 • 0.7 mi
Grades K-4 • 2.2 mi
Grades PK-4 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 716 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $215.0K | $339.9K |
| Price per sq ft | $300 | $344 |
| Built year | 1978 | 2007 |
| HOA | $307 | $329 |
| Days on market | 90 | 91 |
Aug 5, 2026
$215,000
$225,000
-4% Price Drop
Initial Listing
Jul 2, 2026
$225,000
$230,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$230,000
Initial Listing