320 Welch Rd B1, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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320 Welch Rd B1
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,080Sq Ft
436Lot Size
Property Price
LIST PRICE$139,900
EST. MARKET VALUE
$139,900
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $139,900, which aligns with the current $139,900 Fair Market Value. Featuring a Condition Rating of 4, this unit includes recent interior updates like new vinyl flooring and a newer HVAC system, though it requires cash or hard money financing due to its non-FHA/VA status. With a $1,500 monthly rental potential and a scenic water view, this asset is a stable choice for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Nashville market.
Estimated Market Value
$139,900
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 |
|---|---|---|---|---|---|---|
★ 320 Welch Rd B1 Subject | $139,900* List Price | 2 | 2 | 1,080 | $130 | - |
A 420 Elysian Fields Rd E8 Sold | $155,000 | 2 | 2 | 936 | $166 | 0.3 mi |
B 420 Elysian Fields Rd E4 Sold | $140,000 | 2 | 2 | 936 | $150 | 0.3 mi |
C 370 Wallace Rd F11 Active | $169,999 List Price | 2 | 2 | 1,020 | $167 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968 with recent cosmetic interior renovations including new vinyl flooring, carpet, and a tub surround. While systems like the HVAC and water heater are noted as newer, the exterior shows visible signs of deferred maintenance such as peeling paint on window trim. The property's ineligibility for FHA/VA financing further indicates condition or complex-wide issues that fall short of a 'Good' rating.
About 320 Welch Rd B1
Remodeled End Unit. New Vinyl Floors & new carpet. Laundry Connections, Newer HVAC Unit & water heater, Spacious Bedrooms and Closets. New Tub and Surround. Unit is vacant and easy to show. Deck has been repaired and freshly painted. Can be rented at $1500 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. Hard money loan or cash buyer preferred.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $363 / Month
Neighborhood Insights
Nashville Unified Schools
Paragon Mills Elementary School
Grades PK-4 • 1.1 mi
4/10
Wright Middle School
Grades 5-8 • 1.1 mi
3/10
Glencliff Comp High School
Grades 9-12 • 1.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,009.207 |
| Lot Size | 436 | 871 |
| Price | $139.9K | $339.9K |
| Price per sq ft | $130 | $344 |
| Built year | 1968 | 2007 |
| HOA | $363 | $329 |
| Days on market | 86 | 91 |
Pricing History
Listed for Sale
Aug 17, 2026
$139,900
$145,000
-4% Price Drop
Initial Listing
Price Change
Jun 15, 2026
$145,000
Initial Listing