2116 Hobbs Rd Unit M16, Nashville, TN 37215, Nashville, 37215 - 1 bed, 1 bath
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2116 Hobbs Rd Unit M16
Nashville, TN 37215
ACTIVE
CONDITION: FAIR
1Beds
1Baths
748Sq Ft
871Lot Size
Property Price
LIST PRICE$215,000
EST. MARKET VALUE
$199,426
7% AboveMARKET VALUE
SUMMARY
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $215,000—positioned well above the $199,426 Fair Market Value by 7%. While the property requires cosmetic updates, it features a brand-new 2025 HVAC system and a private rear patio. Located in the heart of Green Hills, residents enjoy walkability to Whole Foods and the YMCA. With a Condition Rating of 4, this unit is an ideal project for Buy-and-Hold Investors or first-time buyers looking to personalize a well-located asset.
Estimated Market Value
$199,426
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2116 Hobbs Rd Unit M16 Subject 1 bd · 1 ba · 748 sqft · $267 | $215,000* List Price | 1 | 1 | 748 | $267 | - |
A 2025 Woodmont Blvd 226 Sold 1 bd · 1 ba · 747 sqft · $266 · 0.9 mi | $199,000 | 1 | 1 | 747 | $266 | 0.9 mi |
B 2025 Woodmont Blvd 215 Sold 2 bd · 1 ba · 941 sqft · $271 · 0.9 mi | $255,000 | 2 | 1 | 941 | $271 | 0.9 mi |
C 1900 Richard Jones Rd R8 Sold 2 bd · 2 ba · 976 sqft · $256 · 0.7 mi | $250,000 | 2 | 2 | 976 | $256 | 0.7 mi |
D 2116 Hobbs Rd N-11 Active 1 bd · 1 ba · 748 sqft · $294 · 0.0 mi | $220,000 List Price | 1 | 1 | 748 | $294 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is a 1968 build with a dated galley kitchen featuring painted cabinets and older countertops. While it boasts a brand-new 2025 HVAC system and fresh paint, the interior finishes are aged, and the seller's offer of a $3,000 flooring credit indicates a need for immediate minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Green Hills Location
Situated in the heart of one of Nashville’s most desirable neighborhoods, this property offers exceptional walkability to premier amenities including Whole Foods, the Hill Center, and the YMCA.
- Significant Mechanical Upgrades
The unit features a brand new 2025 HVAC system and newer in-unit laundry, providing peace of mind and reducing immediate maintenance costs for the new owner.
- Private Outdoor Space
This ground-level condo includes a private rear patio overlooking mature trees with no rear neighbors, offering a rare level of privacy and tranquility for an urban residence.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With over 380 days on the market, the property may carry a stigma that could affect buyer perception and future resale liquidity.
- Cosmetic Modernization Needed
The 1968 construction and the seller's offer of a flooring credit indicate that the interior likely requires additional aesthetic updates to meet modern luxury standards.
About 2116 Hobbs Rd Unit M16
2025 HVAC System and freshly painted! Newer In-Unit Laundry & $3,000 Credit to Buyers! Ground-level condo in the desirable Hobbs House community in the heart of Green Hills with a private rear patio overlooking mature trees and no rear neighbors! This 1-bedroom, 1-bathroom condo offers 748 square feet of comfortable living space with an expansive living and dining room combination, creating an open and versatile layout perfect for everyday living or entertaining. The separate galley kitchen provides functional workspace and storage, while the spacious bedroom features generous closet space. A small hallway with a linen closet leads to the large bathroom complete with a tub/shower combo. Additional updates include a brand new 2025 HVAC system and a newer in-unit stacked washer and dryer for added convenience. Enjoy peaceful outdoor living from the private patio with no rear neighbors! Located just across the street from newly renovated YMCA Green Hills, Whole Foods, and the shopping and dining at Hill Center Green Hills, this location is hard to beat. Hobbs House residents enjoy access to a secure community pool and plenty of parking. Seller is offering $3,000 toward new flooring or buyer’s closing costs with full price offer , making this an excellent opportunity to personalize the space and add value in one of Nashville’s most convenient locations! Virtually staged with AI
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $251 / Month
Neighborhood Insights
Nashville Unified Schools
Julia Green Elementary School
Grades K-4 • 0.7 mi
6/10
John T. Moore Middle School
Grades 5-8 • 2.7 mi
5/10
Hillsboro High School
Grades 9-12 • 0.6 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 | 748 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $215.0K | $347.6K |
| Price per sq ft | $287 | $343 |
| Built year | 1968 | 2007 |
| HOA | $251 | $334 |
| Days on market | 402 | 92 |
Pricing History
Listed for Sale
Sep 17, 2025
$215,000
Initial Listing
Sold
Nov 4, 1994
$35,000
Public Record