
Nashville, TN 37204
This Strategic Urban Asset in Nashville’s Melrose district offers a premier blend of lifestyle convenience and long-term stability. Listed at $185,000, the property is positioned competitively against active neighborhood comparables, reflecting the high demand of the 37204 zip code. Boasting a Condition Rating of 4, the interior features well-maintained hardwoods and immediate access to a community pool. The location is zoned for the prestigious Glendale Elementary School (9/10) and provides elite walkability to 8th Avenue dining and entertainment. This is an ideal entry point for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2020 Beech Ave C19 Subject | $185,000* List Price | 1 | 1 | 630 | $262 | - |
A 801 Inverness Ave C4 Sold | $190,000 | 1 | 1 | 650 | $292 | 0.5 mi |
B 2020 Beech Ave C20 Active | $190,000 List Price | 1 | 1 | 625 | $304 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained and move-in ready but lacks a comprehensive modern renovation. While the living area features updated grey paint and attractive hardwood floors, the kitchen and bathroom are significantly outdated, featuring older white cabinetry, tile countertops, and basic white appliances. The unit shows signs of age consistent with a property that has been maintained through regular upkeep rather than a full contemporary overhaul.
Elementary School: Glendale Elementary School (9/10).
Situated in the highly sought-after Melrose district, this property offers exceptional walkability to Nashville’s premier dining, shopping, and local hotspots, making it ideal for an urban lifestyle.
Strategically priced below comparable active listings in the same area, this unit represents a high-value entry point for buyers looking to secure a foothold in a premium neighborhood.
Short-term rentals are strictly prohibited, which limits the property's appeal to investors specifically seeking high-yield vacation rental opportunities like Airbnb.
Built in 1961, the building and unit may require more frequent maintenance or modernization compared to the newer luxury developments common in the surrounding Nashville market.
Live in the heart of it all or invest in one of Nashville’s most walkable locations. This one-bedroom condo in the highly sought-after Melrose district offers unbeatable access to some of the city’s best dining, shopping, and local hotspots—just steps from your front door. Located in a secure-entry building, residents enjoy added peace of mind along with access to a community pool—perfect for relaxing during Nashville’s warm seasons. Inside, the layout is efficient and low-maintenance, ideal for both owner-occupants and long-term investors. This unit has a proven track record, having been consistently rented by the current owner for the past 10 years. While short-term rentals are not permitted, the strong rental history highlights its long-term investment potential. With two comparable units currently on the market, this condo is strategically priced below both—creating an exceptional opportunity for buyers looking for value in a prime location. Whether you're looking for a low-maintenance lifestyle or your next investment property, this is one you don’t want to miss.
No exterior & parking available.
Grades PK-4 • 2.5 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 630 | 978.5 | 13% |
| Lot Size | 436 | 871 | 31% |
| Price | $185.0K | $357.5K | 25% |
| Price per sq ft | $294 | $349 | 38% |
| Built year | 1961 | 2007 | 31% |
| HOA | $325 | $236 | 88% |
| Days on market | 8 | 371 | 6% |
Apr 14, 2026
$185,000
Initial Listing