320 Welch Rd G5, Nashville, TN 37211, Nashville, 37211 - 2 bed, 1 bath
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Nashville, TN 37211
This High-Potential Investment Opportunity is a 2-bedroom, 1-bath condominium listed at $115,000, positioned well below the $151,468 Fair Market Value by 24%. This valuation gap provides $36,468 in Instant Equity. Featuring a Condition Rating of 2 with recent interior renovations, including modern LVP flooring and updated fixtures, the unit is move-in ready. Its central South Nashville location offers excellent commuter access to major interstates, making it an ideal asset for Buy-and-Hold Investors or first-time buyers seeking a low-capital entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Welch Rd G5 Subject | $115,000* List Price | 2 | 1 | 963 | $148 | - |
A 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.9 mi |
B 441 Harding Pl A01 Active | $125,000 List Price | 2 | 1 | 875 | $143 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1968 build date, the interior shows a comprehensive recent renovation (likely <5 years) featuring modern LVP flooring, fresh paint, recessed lighting, and a fully updated bathroom with a contemporary shaker-style vanity and vessel sink.
Priced at $115,000, this property offers a rare entry-level opportunity in the Nashville market, making it highly attractive for first-time homebuyers or investors seeking a low-capital entry point.
The condo boasts excellent accessibility to I-24, I-65, and I-440, providing a central hub for easy commuting to downtown Nashville and proximity to major employers like TriStar Southern Hills Medical Center.
Located in a high-demand area near public transit, shopping, and dining, this well-maintained unit presents a significant opportunity for consistent rental income and a favorable return on investment.
Built in 1968, the property may require more frequent maintenance or future capital improvements compared to newer developments, which could impact long-term costs.
The assigned public schools have low ratings (ranging from 2 to 4), which may limit the property's appeal to families and potentially affect long-term appreciation rates.
Spacious 2-bedroom, 1-bath condo located in the heart of South Nashville! This well-maintained condo is an excellent location. Enjoy easy access to nearby shopping, dining, Walmart, public transit, TriStar Southern Hills Medical Center, Plaza Mariachi, Nashville Zoo, just minutes from I-24, I-65, and I-440, making commuting around Nashville a breeze. Perfect for homeowners or investors looking for a centrally located property with great accessibility and potential ROI opportunity. New windows, New Dishwasher, remodeled kitchen and bathroom 2 years ago. Some photos have been virtually staged to illustrate the potential use and layout of the home. Furniture and décor shown are digital renderings.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 963 | - |
| Lot Size | 871 | - |
| Price | $115.0K | $382.3K |
| Price per sq ft | $119 | $373 |
| Built year | 1968 | 0 |
| HOA | $338 | $0 |
| Days on market | 51 | 190 |
May 6, 2026
$115,000
Initial Listing
Dec 23, 1996
$60,000
Public Record