
Nashville, TN 37212
This condo represents a High-Potential Investment Opportunity, listed at a List Price of $189,900—positioned slightly above the $188,839 Fair Market Value. While the unit maintains a Condition Rating of 4, its prime Midtown location near Vanderbilt and Belmont Universities ensures consistent rental demand. The property offers a stable, low-maintenance Asset for those targeting the student and professional housing market. With rentals permitted and proximity to top-rated schools like Eakin Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 Fairfax Ave 10 Subject | $189,900* List Price | 1 | 1 | 696 | $271 | - |
A 2601 Hillsboro Pike E6 Sold | $152,800 | 1 | 1 | 600 | $255 | 0.7 mi |
B 2601 Hillsboro Pike H5 Sold | $160,000 | 1 | 1 | 600 | $267 | 0.7 mi |
C 2601 Hillsboro Pike K2 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.7 mi |
D 2601 Hillsboro Pike B8 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.6 mi |
E 2134 Fairfax Ave B6 Active | $195,000 List Price | 1 | 1 | 552 | $353 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the unit is significantly dated. While it features newer laminate flooring and fresh paint, the kitchen retains older wood cabinetry and basic white appliances that appear to be over 20-30 years old. The bathroom also shows signs of age, requiring modernization to meet current market standards.
Situated in the heart of Midtown, this property offers exceptional walkability to Vanderbilt University, Belmont University, and Hillsboro Village, making it highly attractive to students, faculty, and medical professionals.
With rentals permitted and a price point under $200,000, this condo presents a rare entry-level opportunity for investors seeking a low-maintenance property in a high-demand Nashville rental market.
The property includes essential conveniences such as off-street parking and an HOA fee that covers water costs, providing a simplified and cost-effective living experience for urban residents.
Built in 1962, the property may require more frequent maintenance or modernization of systems and finishes compared to the newer luxury developments prevalent in the Midtown area.
The reliance on on-site laundry facilities rather than in-unit hookups may be a drawback for modern buyers and could limit the property's competitive edge in the premium rental market.
Discover an exceptional opportunity to own a 1-bedroom condo in the heart of Midtown, where location and walkability are truly unmatched. From this convenient location, you can walk to Vanderbilt University, Hillsboro Village, Belmont University, and an incredible selection of locally loved restaurants, coffee shops, boutiques, and entertainment. Offering a flexible floor plan, plenty of off-street parking, and on-site laundry facilities, this condo delivers convenience and accessibility in one of Nashville’s most sought-after areas. Water is included in the HOA fee. The intimate 18-unit community is ideally positioned for Vanderbilt and Belmont students, graduate students, faculty, medical professionals, and young professionals. Rentals are permitted, creating an excellent opportunity for an investor seeking a low-maintenance rental property with strong location appeal—or for an owner-occupant looking to live within walking distance of some of Nashville’s most desirable destinations.
No exterior & parking available.
Grades K-4 • 0.3 mi
Grades 5-8 • 1.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 696 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $189.9K | $339.9K |
| Price per sq ft | $273 | $344 |
| Built year | 1962 | 2007 |
| HOA | $220 | $329 |
| Days on market | 18 | 91 |
Aug 22, 2026
$189,900
Initial Listing