320 Welch Rd B1, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
Loading property details...
Nashville, TN 37211
This remodeled end-unit condominium represents a High-Potential Investment Opportunity, listed at a List Price of $145,000—positioned well below the $163,644 Fair Market Value by 11%. This valuation gap offers $18,644 in Instant Equity. Featuring a Good Condition Rating with recent vinyl flooring and HVAC upgrades, the unit offers a scenic water view and immediate rental readiness. While financing is limited to cash or conventional loans, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable, turnkey Nashville residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Welch Rd B1 Subject | $145,000* List Price | 2 | 2 | 1,080 | $152 | - |
A 370 Wallace Rd C14 Sold | $155,500 | 2 | 2 | 1,020 | $152 | 0.4 mi |
B 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.8 mi |
C 420 Elysian Fields Rd E8 Active | $155,000 List Price | 2 | 2 | 936 | $166 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1968 build date, the property has undergone a recent cosmetic remodel including new vinyl flooring and a new tub surround. The inclusion of a newer HVAC system and its move-in ready status for investors or first-time buyers aligns with 'Good' criteria, though the budget-grade finishes and exterior wear visible in photos preclude an 'Excellent' rating.
The unit features significant recent upgrades including new vinyl flooring throughout, a newer HVAC system, and a remodeled bathroom, ensuring immediate move-in readiness and reduced maintenance costs.
With a previous rental history of $1,300 per month against a $145,000 list price, this property offers an exceptional cap rate and high yield potential for savvy investors.
As a remodeled end unit with a water view and spacious bedrooms, this property provides more privacy, better natural light, and a more scenic outlook than standard interior units.
The property is ineligible for FHA or VA financing, which significantly limits the pool of potential buyers to those with cash or conventional loan products.
The assigned public schools carry low ratings (2-4), which may deter families and potentially impact the long-term appreciation of the property compared to other Nashville submarkets.
Remodeled End Unit. New Vinyl Floors Throughout. Laundry Connections, Newer HVAC Unit, Spacious Bedrooms and Closets. New Tub and Surround. Unit is vacant and easy to show. Previously rented at $1300 per month. Perfect for Investors or First time Homebuyers. Close to Shopping, Bus Route, Interstate and minutes to Downtown Nashville. Not eligible for FHA or VA Financing.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades 5-8 • 1.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,080 | - |
| Lot Size | 436 | - |
| Price | $145.0K | $403.0K |
| Price per sq ft | $134 | $378 |
| Built year | 1968 | 0 |
| HOA | $363 | $0 |
| Days on market | 37 | 193 |
Jun 15, 2026
$145,000
Initial Listing