2048 Elliott Ave, Nashville, TN 37204, Nashville, 37204 - 2 bed, 3 bath
Loading property details...
Nashville, TN 37204
This townhome represents a High-Potential Investment Opportunity, listed at $499,900—positioned slightly above the $491,459 Fair Market Value. While the property requires cosmetic updates, the Fair Condition Rating and the seller’s $10,000 flooring credit provide a clear path to value-add. Featuring a private fenced patio and a prime walkable location near major universities, this asset offers strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior modernization in a high-growth Nashville neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2048 Elliott Ave Subject | $499,900* List Price | 2 | 3 | 1,401 | $351 | - |
A 2310 Elliott Ave 513 Sold | $510,000 | 2 | 3 | 1,275 | $400 | 0.3 mi |
B 817 S Douglas Ave Active | $599,900 List Price | 2 | 3 | 1,420 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the property falls into the 'Fair' category as it is over 20 years old and remains largely original. The kitchen features dated oak cabinetry and laminate countertops, and the flooring shows enough wear that the seller is offering a $10k credit for replacement.
Situated in the highly desirable 37204 zip code, this property offers exceptional walkability to 8th Avenue South's dining and entertainment, and is minutes from Vanderbilt, Belmont, and Lipscomb Universities.
As an end-unit, the home provides increased privacy and natural light, featuring a functional open-concept main floor and dual en-suite bedrooms that are ideal for roommates or guests.
The property includes a rare private fenced and covered porch/patio area, offering a low-maintenance outdoor retreat for entertaining in an urban setting.
The seller's offer of a $10,000 flooring credit indicates that the current flooring is likely at the end of its life cycle, requiring the buyer to manage renovations immediately upon possession.
With only two bedrooms, the property may face competition from larger three-bedroom units in the same price bracket, potentially narrowing the pool of interested families or investors.
Low maintenance living with this end-unit townhome with freshly painted walls in one of Nashville’s most desirable and walkable neighborhoods, makes an excellent investment or owner-occupied opportunity. Conveniently located near the dining and entertainment of 8th Avenue South, Zanies Comedy Club, Vanderbilt, Belmont, and Lipscomb Universities, with easy access to I-65. Open-concept floor plan featuring a spacious living room with fireplace that flows to dining area, and kitchen with great countertop space that looks out over the back porch. Off the kitchen, leads to a private fenced covered porch/patio area ideal for outdoor entertaining or relaxing. Upstairs offers two spacious bedrooms with large walk-in closets, and private en-suite baths and the laundry area. Additional attic storage and outside storage closet provides added convenience. Great location, low-maintenance living, and strong investment potential all in one property. Seller will give flooring credit of $10k with full price offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,401 | 1,144 | 80% |
| Lot Size | 871 | 436 | 60% |
| Price | $499.9K | $360.0K | 60% |
| Price per sq ft | $357 | $318 | 60% |
| Built year | 2005 | 1984 | 60% |
| HOA | $284 | $263 | 60% |
| Days on market | 24 | 231 | 20% |
May 22, 2026
$499,900
Initial Listing