2124 Fairfax Ave 212, Nashville, TN 37212, Nashville, 37212 - 1 bed, 1 bath
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Nashville, TN 37212
This High-Potential Investment Opportunity is listed at a List Price of $242,000, positioned slightly above the $218,270 Fair Market Value. Despite the premium, this turn-key, income-producing asset offers immediate cash flow in Nashville’s most coveted rental zone. Featuring a Condition Rating of 3, the unit includes modern finishes, in-unit laundry, and a private deck. With proximity to Vanderbilt and Belmont Universities, this property is a stable, low-maintenance choice for Buy-and-Hold Investors or parents securing student housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2124 Fairfax Ave 212 Subject | $242,000* List Price | 1 | 1 | 600 | $364 | - |
A 2601 Hillsboro Pike K2 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.8 mi |
B 2601 Hillsboro Pike B8 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.7 mi |
C 2601 Hillsboro Pike C9 Sold | $195,000 | 1 | 1 | 600 | $325 | 0.7 mi |
D 2601 Hillsboro Pike C12 Sold | $195,000 | 1 | 1 | 600 | $325 | 0.7 mi |
E 900 19th Ave S 507 Sold | $248,000 | 1 | 1 | 550 | $451 | 1.0 mi |
F 2124 Fairfax Ave 106 Active | $205,000 List Price | 1 | 1 | 600 | $342 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1974, the unit features a renovated bathroom with updated tile surrounds and a modern vanity, likely completed within the last 10-15 years. The description confirms a turn-key, meticulously maintained interior with modern finishes, making it move-in ready and functional for immediate occupancy.
Situated in the epicenter of Nashville's most coveted rental zone, this property offers unbeatable walkability to Vanderbilt University, Belmont University, and the vibrant Hillsboro Village, ensuring consistent tenant demand.
The condo is currently leased, professionally managed, and cash-flowing, providing an immediate and 'hands-off' investment opportunity for buyers looking for a reliable performer.
Despite the building's age, the unit features modern finishes, an open layout, and the highly desirable convenience of in-unit laundry and assigned parking.
At only 600 square feet, the compact footprint may limit the appeal for long-term residents or those requiring more storage and living area.
Constructed in 1974, the property may face higher long-term maintenance requirements or capital improvement assessments compared to newer developments in the area.
Turn-key, income-producing condo in the absolute epicenter of Nashville’s most coveted rental zone. Currently leased and cash-flowing, this stylish two-bedroom, two-bath unit is professionally managed and meticulously maintained, delivering true hands-off ownership. Located less than one mile from Vanderbilt University, less than half a mile from Belmont University, and just blocks from the restaurants, shops, and nightlife of Hillsboro Village, 12South, and West End, tenants love the open layout, modern finishes, in-unit laundry, assigned parking, and unbeatable walkability to campus, hospitals, and everything that makes this pocket of Nashville irresistible. Perfect for the investor looking to add a reliable performer to their portfolio or a parent securing housing near Vanderbilt or Belmont, this professionally managed condo offers immediate cash flow in one of the city’s strongest submarkets. Ready to close and start collecting rent on day one.
No exterior & parking available.
Grades K-4 • 0.2 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 600 | - |
| Lot Size | 871 | - |
| Price | $242.0K | $403.0K |
| Price per sq ft | $403 | $378 |
| Built year | 1974 | 0 |
| HOA | $145 | $0 |
| Days on market | 7 | 193 |
Jul 15, 2026
$242,000
Initial Listing