
Nashville, TN 37212
This Investor-Ready Condominium represents a Strong Value Opportunity with a List Price of $179,000—positioned well below the $193,300 Fair Market Value by 7%. This valuation provides $14,300 in Instant Equity for an asset featuring a Condition Rating of 3 with modern LVP flooring and recessed lighting. Located in the high-demand Hillsboro corridor near Vanderbilt, the property offers immediate cash flow as a tenant-occupied unit. It is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 Hillsboro Pike K5 Subject | $179,000* List Price | 1 | 1 | 600 | $322 | - |
A 2601 Hillsboro Pike K2 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.0 mi |
B 2601 Hillsboro Pike B8 Sold | $185,000 | 1 | 1 | 600 | $308 | 0.2 mi |
C 2601 Hillsboro Pike C9 Sold | $195,000 | 1 | 1 | 600 | $325 | 0.2 mi |
D 2601 Hillsboro Pike C12 Sold | $195,000 | 1 | 1 | 600 | $325 | 0.2 mi |
E 2601 Hillsboro Pike B11 Sold | $168,500 | 1 | 1 | 600 | $281 | 0.2 mi |
F 2601 Hillsboro Pike E6 Active | $187,000 List Price | 1 | 1 | 600 | $312 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1971, the unit has undergone significant recent renovations including new LVP flooring, recessed lighting, crown molding, and an updated bathroom vanity. It is move-in ready and well-maintained, though it relies on older-style wall AC units.
Situated in the high-demand Hillsboro/West End corridor near Vanderbilt and Belmont Universities, ensuring consistent rental demand and long-term stability.
The unit features low-maintenance LVP flooring, recessed lighting, and brand-new laundry appliances, reducing immediate capital expenditure for the owner.
Currently tenant-occupied, this property offers instant rental income from day one, making it an ideal turnkey addition to an investment portfolio.
With no showings permitted until the property is under contract, buyers must commit to a purchase agreement without a prior physical walkthrough.
The requirement to purchase this unit as part of a larger portfolio may exclude individual buyers and complicate the acquisition process for single-asset investors.
Investor opportunity in one of Nashville’s most desirable and high-demand rental corridors! Welcome to 2601 Hillsboro Pike #K5, ideally located in the sought-after Hillsboro/West End area—just minutes from Vanderbilt, Belmont, Green Hills, and all the dining, shopping, and lifestyle amenities Nashville is known for. This tenant-occupied 1 bed, 1 bath condo offers immediate rental income potential, making it a strong addition to any investment portfolio or an excellent opportunity for someone looking to get started in real estate investing. The unit features a functional layout enhanced by brand new washer and dryer, no carpet, LVP flooring, recessed lighting, and crown molding, creating a clean, low-maintenance, and highly desirable space for tenants. The community’s prime location offers quick access to major universities, hospitals, parks, and entertainment—supporting consistent rental demand and long-term investment stability. Important Notes: Property is tenant-occupied – DO NOT DISTURB TENANTS No showings or access permitted until under contract Being sold as part of a portfolio sale
No exterior & parking available.
Grades K-4 • 0.7 mi
Grades 5-8 • 1.0 mi
Grades 9-12 • 1.3 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 | 436 | - |
| Price | $179.0K | $382.3K |
| Price per sq ft | $298 | $373 |
| Built year | 1971 | 0 |
| HOA | $155 | $0 |
| Days on market | 72 | 190 |
Apr 14, 2026
$179,000
Initial Listing