2121 Fairfax Ave 10, Nashville, TN 37212, Nashville, 37212 - 1 bed, 1 bath
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2121 Fairfax Ave 10
Nashville, TN 37212
ACTIVE
CONDITION: FAIR
1Beds
1Baths
696Sq Ft
871Lot Size
Property Price
LIST PRICE$159,900
EST. MARKET VALUE
$174,469
8% BelowMARKET VALUE
SUMMARY
This 1-bedroom condo represents a Strong Value Opportunity, listed at $159,900—positioned well below the $174,469 Fair Market Value by 8%. This valuation gap offers $14,569 in Instant Equity for the buyer. Featuring a Fair Condition Rating with cosmetic updates, the unit offers significant potential for modernization. Its prime Midtown location near Vanderbilt and Belmont Universities ensures high rental demand. This is an ideal low-maintenance asset for Buy-and-Hold Investors or Owner-Occupants seeking a walkable, high-accessibility lifestyle.
Estimated Market Value
$174,469+$14,569 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2121 Fairfax Ave 10 Subject 1 bd · 1 ba · 696 sqft · $251 | $159,900* List Price | 1 | 1 | 696 | $251 | - |
A 2601 Hillsboro Pike H5 Sold 1 bd · 1 ba · 600 sqft · $267 · 0.7 mi | $160,000 | 1 | 1 | 600 | $267 | 0.7 mi |
B 2601 Hillsboro Pike A14 Active 1 bd · 1 ba · 600 sqft · $292 · 0.6 mi | $175,000 List Price | 1 | 1 | 600 | $292 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1962, this unit shows cosmetic updates like newer laminate flooring and fresh paint, but the kitchen remains significantly dated with older wood cabinetry and basic white appliances. The property is functional and move-in ready but requires modernization of the kitchen and bath to move beyond a dated status.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Midtown Location
The property boasts unmatched walkability to Vanderbilt University, Belmont University, and Hillsboro Village, making it highly attractive to students, faculty, and medical professionals.
- Strong Investment Potential
With rentals permitted and a very accessible price point for the 37212 zip code, this unit serves as an excellent low-maintenance opportunity for investors seeking high demand.
- Low Carrying Costs
The monthly HOA fee is competitively priced at $220 and includes water, providing budget stability and enhancing the property's overall affordability.
CONSRISKS & DEFICIENCIES
- Lack of In-Unit Laundry
The condo relies on shared on-site laundry facilities rather than private in-unit hookups, which may be a convenience drawback for some modern buyers.
- Aging Infrastructure
Built in 1962, the building and unit may require more frequent maintenance or cosmetic updates to compete with newer developments in the surrounding area.
About 2121 Fairfax Ave 10
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- 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
- $220 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 0.3 mi
7/10
West End Middle School
Grades 5-8 • 1.3 mi
4/10
Hillsboro High School
Grades 9-12 • 2.0 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 | 696 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $159.9K | $347.6K |
| Price per sq ft | $230 | $343 |
| Built year | 1962 | 2007 |
| HOA | $220 | $334 |
| Days on market | 23 | 92 |
Pricing History
Listed for Sale
Oct 1, 2026
$159,900
Initial Listing