3000 Vanderbilt Pl 243, Nashville, TN 37212, Nashville, 37212 - 2 bed, 2 bath
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Nashville, TN 37212
This Condominium represents a High-Potential Investment Opportunity, listed at $475,000—positioned well above the $390,933 Fair Market Value by 21%. While the property is currently priced above market, its Good Condition Rating and prime location steps from Vanderbilt University and the Medical Center ensure consistent rental demand. Featuring a functional two-bedroom, two-bath layout, this unit is a stable Buy-and-Hold Asset for those prioritizing proximity to institutional hubs. This is an ideal acquisition for Buy-and-Hold Investors or Medical Professionals seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Vanderbilt Pl 243 Subject | $475,000* List Price | 2 | 2 | 1,039 | $376 | - |
A 3000 Vanderbilt Pl 217 Sold | $569,500 List Price | 2 | 2 | 1,144 | 0.0 mi | |
B 3000 Vanderbilt Pl 421 Sold | $350,000 | 1 | 1 | 704 | $497 | 0.0 mi |
C 3000 Vanderbilt Pl 413 Active | $489,000 List Price | 2 | 2 | 1,024 | $478 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls squarely into the 'Good' category. It is well-maintained and move-in ready with fresh interior paint. The kitchen and bathrooms feature functional, mid-2000s finishes including granite countertops and stainless steel appliances that remain in great condition.
The property is exceptionally located within walking distance of Vanderbilt University and Medical Center, making it a high-demand location for students, faculty, and medical professionals.
The floor plan features two spacious bedrooms each with a private full bath, providing a functional and desirable configuration for shared living or high-end rental opportunities.
With fresh interior paint, large windows for natural light, and an exterior-facing position, the unit offers a modern, move-in-ready feel that appeals to contemporary tastes.
The unit is tenant-occupied until April 2027, which significantly limits the buyer pool by excluding immediate owner-occupants and requiring a long-term investment strategy.
The $520 monthly association fee is a substantial recurring expense that may impact the net ROI for investors and overall monthly affordability for future residents.
Tenant occupied until 4/1/2027 and lease must be honored. Move right into this beautifully updated condo, offering the perfect combination of style, comfort, and convenience. This bright, exterior-facing unit features two spacious bedrooms, each with its own private full bath, making it ideal for roommates, guests, or a home office. Large windows fill the open-concept living space with natural light, while fresh interior paint creates a clean, modern feel. Located just steps from Vanderbilt University and within walking distance of Midtown's popular restaurants, shopping, and entertainment, the location is hard to beat. Enjoy a short 4-minute walk to Vanderbilt Stadium and only 6 minutes to Vanderbilt University Medical Center, making this an exceptional opportunity for homeowners, students, medical professionals, or investors alike. Qualified buyers may be eligible for 100% financing. When financing through preferred lender Amy Rickman with Primis Bank, buyers can also receive a 1% lender credit toward closing costs or an interest rate buy-down, plus a free appraisal (subject to qualification). Contact Amy Rickman at 615-586-2696 for complete details.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades 5-8 • 1.0 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,039 | - |
| Lot Size | 871 | - |
| Price | $475.0K | $403.0K |
| Price per sq ft | $457 | $378 |
| Built year | 2007 | 0 |
| HOA | $520 | $0 |
| Days on market | 44 | 193 |
Jun 8, 2026
$475,000
Initial Listing