
Nashville, TN 37212
This property presents a Strong Value Opportunity with a List Price of $163,000—positioned well below the $162,241 Fair Market Value (effectively at market). While the Condition Rating of 4 reflects its 1971 vintage, recent mechanical updates including a 2024 water heater and 2023 disposal provide stability. Located near Vanderbilt and Belmont, this unit offers high rental demand for students and professionals. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a budget-friendly entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 Hillsboro Pike K6 Subject 1 bd · 1 ba · 600 sqft · $267 | $152,000 | 1 | 1 | 600 | $267 | - |
A 2601 Hillsboro Pike H5 Sold 1 bd · 1 ba · 600 sqft · $267 · 0.1 mi | $160,000 | 1 | 1 | 600 | $267 | 0.1 mi |
B 2601 Hillsboro Pike K5 Active 1 bd · 1 ba · 600 sqft · $298 · 0.0 mi | $179,000 List Price | 1 | 1 | 600 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property is dated with original baseboard heating and wall AC units. While it features recent functional updates including a new water heater (2024), fridge (2021), and partial bathroom refreshes (2021-2025), the overall infrastructure and aesthetic remain over 50 years old and require further modernization.
Ideally situated near Vanderbilt University, Belmont University, and Green Hills, offering high desirability for students, faculty, and urban professionals.
The property boasts significant recent improvements, including a new water heater (2024), garbage disposal (2023), and fresh paint (2026), ensuring lower immediate maintenance needs.
With a list price of $163,000 and a low $155 monthly HOA fee, this unit provides a rare, budget-friendly entry point into the competitive Nashville real estate market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 573.
The lack of in-unit laundry hookups requires residents to use communal laundry rooms, which may be a deterrent for buyers prioritizing convenience.
Having spent 147 days on the market, the property may face perception challenges regarding its value or potential underlying issues compared to faster-selling units.
Excellent value conveniently located near Vanderbilt, Belmont, and all things Green Hills. Freshly painted one bedroom with large walk-in closet.Complex has a swimming pool, large green spaces and two on-site laundry rooms. Priced to allow for more updates if desired, but move in ready as it is. HOA is self managed and there is an on site manager. Updates include: Bath Fitters tub/shower 2021, new fridge 2021, garbage disposal 2023, water heater 2024, new vanity faucet and toilet 2025. Completely repainted May 2026 Note taxes shown are for an owner with multiple units.
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 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $152.0K | $347.6K |
| Price per sq ft | $253 | $343 |
| Built year | 1971 | 2007 |
| HOA | $155 | $334 |
| Days on market | 172 | 92 |
Oct 5, 2026
$160,000
$163,000
-2% Price Drop
Initial Listing
May 5, 2026
$163,000
Initial Listing