2325 Elliston Pl 401, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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2325 Elliston Pl 401
Nashville, TN 37203
ACTIVE
CONDITION: FAIR
2Beds
2Baths
750Sq Ft
871Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$279,670
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well below the $279,671 Fair Market Value by 1.67%. This valuation gap offers $4,671 in Instant Equity. Featuring a Fair Condition Rating, the unit provides a blank canvas for modernization in a prime Midtown location. With its proximity to Vanderbilt and high rental demand, this is a strategic asset ideal for Buy-and-Hold Investors or medical professionals seeking a low-maintenance, high-connectivity residence.
Estimated Market Value
$279,670
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 |
|---|---|---|---|---|---|---|
★ 2325 Elliston Pl 401 Subject | $275,000* List Price | 2 | 2 | 750 | $373 | - |
A 2325 Elliston Place 408 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.0 mi |
B 2325 Elliston Pl 410 Sold | $290,000 | 2 | 2 | 750 | $387 | 0.0 mi |
C 1808 State St 113 Sold | $300,000 | 2 | 2 | 800 | $375 | 0.6 mi |
D 3310 Long Blvd B7 Sold | $270,000 | 2 | 1 | 918 | $294 | 1.0 mi |
E 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 0.7 mi |
F 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 0.7 mi |
G 3310 Long Blvd B8 Sold | $269,500 | 2 | 1 | 918 | $294 | 1.0 mi |
H 2325 Elliston Pl 202 Active | $289,000 List Price | 2 | 2 | 750 | $385 | 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.
Built in 1985 (39 years old), the property is dated and retains many original features including popcorn ceilings and older cabinetry. While the kitchen has been refreshed with paint, the appliances, countertops, and bathroom fixtures are aged and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Midtown Location
Situated moments from Vanderbilt University and major medical centers, this property offers exceptional walkability to Centennial Park and local dining, making it highly attractive to students and professionals.
- Enhanced Security and Convenience
The unit features a top-floor position with elevator access, a designated space in a secured gated parking garage, and the significant added convenience of in-unit laundry.
- Investment and Appreciation Potential
With a competitive entry price for a 2-bedroom layout in a high-demand area and ongoing HOA-led building enhancements, the property is well-positioned for future value growth.
CONSRISKS & DEFICIENCIES
- Compact Living Dimensions
At 750 square feet for a two-bedroom, two-bathroom configuration, the interior layout is quite tight, which may limit appeal for buyers seeking spacious common areas.
- Building Age and Maintenance
Built in 1985, the property is currently undergoing phased enhancements, which could imply ongoing construction activity or the potential for future adjustments to association costs.
About 2325 Elliston Pl 401
Income-Producing Midtown Opportunity! Currently leased for 12 months, this top-floor condo is ideally located just moments from Vanderbilt University, leading hospitals and universities, and Centennial Park. Unit 401 offers an efficient layout with in-unit laundry, elevator access, and a designated parking space in the secure, gated garage. The HOA is in the process of implementing phased building enhancements, contributing to the continued improvement of the community. With a tenant already in place and a location that appeals to students, medical professionals, and university affiliates, this property presents a low-maintenance investment opportunity in one of Nashville’s most convenient areas.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 0.9 mi
7/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 1.3 mi
5/10
Buena Vista Elementary Enhanced Option
Grades PK-4 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 750 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $275.0K | $339.9K |
| Price per sq ft | $367 | $344 |
| Built year | 1985 | 2007 |
| HOA | $310 | $329 |
| Days on market | 33 | 91 |
Pricing History
Listed for Sale
Aug 7, 2026
$275,000
Initial Listing
Sold
Jun 11, 1996
$53,750
Public Record