270 Tampa Dr H1, Nashville, TN 37211, Nashville, 37211 - 1 bed, 1 bath
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270 Tampa Dr H1
Nashville, TN 37211
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
728Sq Ft
0Lot Size
Property Price
LIST PRICE$74,900
EST. MARKET VALUE
$99,900
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $104,900, which aligns with its $104,900 Fair Market Value. Featuring a Condition Rating of 2 due to recent renovations including newer HVAC and electrical systems, this unit offers a turnkey, low-maintenance profile. With a stable tenant currently paying $1,350 monthly, the property provides immediate cash flow. Its proximity to major universities and downtown Nashville ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time investors seeking a functional, income-generating asset.
Estimated Market Value
$99,900
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 |
|---|---|---|---|---|---|---|
★ 270 Tampa Dr H1 Subject | $74,900* List Price | 1 | 1 | 728 | $137 | - |
A 270 Tampa Dr D12 Active | $105,000 List Price | 1 | 1 | 728 | $144 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1971, the unit underwent a full renovation within the last few years, including newer HVAC and electrical systems, modern flooring, and fresh paint, meeting the criteria for a recent renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
The property is currently tenant-occupied at $1,350 per month, providing immediate cash flow and a high gross rental yield for investors at an affordable entry price.
- Recent Capital Improvements
Updated within the last few years, the condo features a newer HVAC system, electrical updates, and modern flooring, reducing the likelihood of near-term maintenance expenses.
- Strategic Urban Location
Situated minutes from Downtown Nashville and major institutions like Belmont and Lipscomb Universities, the property benefits from high rental demand and excellent commuter access.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The $310 monthly association fee is relatively high compared to the listing price, which may impact the net operating income and overall affordability for some buyers.
- Low School Ratings
The property is zoned for schools with low performance ratings, particularly the high school at a 2/10, which could limit the appeal for future owner-occupants or families.
About 270 Tampa Dr H1
Discover an affordable investment opportunity in the heart of Nashville! This renovated first-floor 1-bedroom, 1-bath condo is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This property cash flows while leasing at a monthly rate of 1,350. Updated just a few years ago, the home features newer HVAC, electrical, flooring, and paint, offering low-maintenance ownership and modern appeal. The functional layout includes a private covered patio, providing additional outdoor living space. Conveniently located just minutes from Downtown Nashville, Woodbine, Berry Hill, Belmont University, Lipscomb University, I-24, shopping, restaurants, and entertainment, this condo offers easy access to some of the city's most popular destinations. Whether you're looking to expand your investment portfolio or purchase an affordable Nashville rental property with an established tenant, this is an opportunity worth considering. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Nashville Unified Schools
Paragon Mills Elementary School
Grades PK-4 • 0.4 mi
4/10
Wright Middle School
Grades 5-8 • 1.7 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.5 mi
2/10
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 | 728 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $74.9K | $339.9K |
| Price per sq ft | $103 | $344 |
| Built year | 1971 | 2007 |
| HOA | $310 | $329 |
| Days on market | 123 | 91 |
Pricing History
Listed for Sale
Sep 3, 2026
$74,900
$99,900
-25% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$99,900
$104,900
-5% Price Drop
Initial Listing
Price Change
May 9, 2026
$104,900
Initial Listing