205 31st Ave, N 107, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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205 31st Ave
N 107, Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
1,130Sq Ft
2,178Lot Size
Property Price
LIST PRICE$399,500
EST. MARKET VALUE
$426,831
6% BelowMARKET VALUE
SUMMARY
This Turnkey Midtown Loft is a Strong Value Opportunity, listed at $399,500—positioned well below the $426,831 Fair Market Value by 6%. This valuation gap offers $27,331 in Instant Equity. Featuring a Mint Condition Rating following a $40,000 renovation, the unit includes a custom outdoor kitchen and poolside patio. Located near Vanderbilt and top-rated Eakin Elementary, this residence offers a sophisticated urban lifestyle. It is an ideal acquisition for Owner-Occupants seeking luxury or first-time buyers prioritizing a move-in ready home.
Estimated Market Value
$426,831+$27,331 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in N 107.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 31st Ave Subject 1 bd · 1 ba · 1,130 sqft · $378 | $399,500* List Price | 1 | 1 | 1,130 | $378 | - |
A 3102 W End Cir 303 Sold 2 bd · 2 ba · 1,418 sqft · $289 · 0.1 mi | $410,000 | 2 | 2 | 1,418 | $289 | 0.1 mi |
B 3100 West End Circle 102 Active 2 bd · 2 ba · 1,232 sqft · $353 · 0.1 mi | $434,900 List Price | 2 | 2 | 1,232 | $353 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive $40,000 renovation in 2024 (less than 5 years ago), featuring a modernized kitchen with contemporary finishes and new appliances, new hardwood flooring, and high-end custom closet built-ins. The unit is in mint condition and has a recent pre-inspection, meeting the criteria for a top-tier rating despite the 2006 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Recent High-Value Upgrades
With over $40,000 invested in 2024, the property features new hardwood floors, updated contemporary kitchen appliances, and high-end custom closet built-ins, offering a turnkey luxury experience.
- Prime Midtown Location
Situated in one of Nashville's most vibrant neighborhoods, the loft offers exceptional walkability to Vanderbilt University, Centennial Park, and a wide array of premier dining and entertainment options.
- Unique Outdoor Living Space
The rare poolside patio featuring a custom outdoor kitchen provides a sophisticated private retreat and entertaining space that is highly uncommon for a one-bedroom urban condominium.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2576.
- High Monthly HOA Fees
The association fee of $544 per month is relatively high for a one-bedroom unit, which may impact the monthly carrying costs and overall affordability for budget-conscious buyers.
- Limited Market Appeal
The one-bedroom, one-bathroom configuration naturally limits the potential buyer pool to singles or couples, potentially excluding those who require a guest room or a dedicated home office.
About 205 31st Ave
This stunning Midtown Loft strikes the perfect balance between comfortable and chic urban living. Whether you are looking for a stylish primary residence or a sophisticated city retreat, this 1 bedroom, 1 bath home delivers effortless boutique style in Nashville's most vibrant neighborhood, close to Vanderbilt, Centennial Park, many restaurants, museums and shops. the Seller has invested over $40,000 in improvements since 2024. New hardwood in the living room and kitchen bring a lightness to this already airy living room has high loft ceilings and natural light and a fireplace. Sliding glass doors open to a patio pool side with custom outdoor kitchen. The kitchen has been thoughtfully upgraded with contemporary finishes and new appliances. The cozy bedroom features a large custom closet with high-end custom built- ins keeping your wardrobe perfectly styled. Pre-inspection completed by Diligent 9/3/2026, report available upon request. Floor plan in attached documents with improvements. Secure underground gated parking with bike racks. HOA covers gas and water. Don't miss this chance for Midtown luxury under $400K!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 2,178 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $544 / Month
Neighborhood Insights
N 107 Unified Schools
Eakin Elementary School
Grades K-4 • 0.8 mi
7/10
West End Middle School
Grades 5-8 • 1.0 mi
4/10
Hillsboro High School
Grades 9-12 • 2.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,130 | 1,009.514 |
| Lot Size | 2,178 | 871 |
| Price | $399.5K | $347.6K |
| Price per sq ft | $354 | $343 |
| Built year | 2006 | 2007 |
| HOA | $544 | $334 |
| Days on market | 41 | 92 |
Pricing History
Listed for Sale
Sep 13, 2026
$399,500
Initial Listing