
Nashville, TN 37212
This Turnkey Investment Condominium is listed at $489,000, representing a stable entry into the high-demand Midtown market near its $467,362 Fair Market Value. Maintaining a Good Condition Rating, the unit features a Chef’s Kitchen with granite countertops and stainless appliances, complemented by premium building amenities including a Pool, fitness center, and rare Two Assigned Parking Spaces. With a reliable tenant secured at $2,400 per month through August 2026, the property offers immediate cash flow near Vanderbilt University and schools like Eakin Elementary, West End Middle, and Hillsboro High. This is a premier acquisition for Buy-and-Hold Investors or University-Focused Stakeholders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Vanderbilt Pl 413 Subject | $489,000* List Price | 2 | 2 | 1,024 | $456 | - |
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 |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 19 years old, placing it squarely in the 'Good' category. The interior is well-maintained and move-in ready with a functional kitchen featuring granite countertops and stainless steel appliances that appear original to the build but in good condition.
Ideally situated in Midtown within walking distance to Vanderbilt University, Belmont, and Lipscomb, ensuring consistent high demand from the student and faculty demographic.
This turn-key investment comes with a reliable tenant in place through August 2026 at $2,400 per month, providing guaranteed rental income and stability for the next two years.
The property offers a high-end lifestyle with access-controlled security, a fitness center, pool, indoor pet facility, and two rare assigned parking spaces with elevator access.
The association prohibits short-term rentals, which limits the property's potential for higher-yield vacation rental income and restricts investment strategy options.
Because the current lease is active until late 2026, the property is unavailable for owner-occupants for an extended period, significantly narrowing the pool of potential buyers.
** TURN KEY INVESTMENT OPPORTUNITY ** Vanderbilt, Belmont, and Lipscomb Students, this is the location you’re looking for! Highly sought after 2/2 condo in midtown, steps away from Vanderbilt University, shopping, restaurants and all West End has to offer. The access controlled building makes security a priority. This spacious condo offers a chef’s kitchen w/ granite countertops, all SS appliances, plus washer and dryer included! Enjoy the pool, fitness center, and club room w/ free wifi, business center, and indoor pet facility. 2 assigned parking spaces w/ elevator access. No Short Term Rentals - Current lease/tenant in place through 8.9.2026 @ $2,400 per month. This is A MUST SEE!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 59% |
| Baths | 2.0 | 1.0 | 64% |
| Square foot | 1,024 | 756 | 55% |
| Lot Size | 871 | 871 | 50% |
| Price | $489.0K | $309.5K | 73% |
| Price per sq ft | $478 | $400 | 68% |
| Built year | 2007 | 2007 | 50% |
| HOA | $407 | $397 | 50% |
| Days on market | 23 | 231 | 5% |
Apr 27, 2026
$489,000
Initial Listing