320 Welch Rd G5, Nashville, TN 37211, Nashville, 37211 - 2 bed, 1 bath
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Nashville, TN 37211
This Renovated Nashville Condominium represents a High-Potential Investment Opportunity listed at $139,999—positioned well below the $171,007 Fair Market Value by 18%. This significant valuation gap provides $31,008 in Instant Equity. Boasting a Condition Rating of 2, the interior features wood-look laminate flooring, a modernized bathroom with black fixtures, and a private deck. Located near the I-440 and I-65 interchange, the property offers high rental demand and commuter convenience. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Welch Rd G5 Subject | $139,999* List Price | 2 | 1 | 963 | $178 | - |
A 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.9 mi |
B 550 Harding Pl F107 Active | $145,000 List Price | 2 | 1 | 875 | $166 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1968, the interior of this unit has undergone an extensive recent renovation. The property features new wood-look laminate flooring, fresh neutral paint, and updated recessed lighting throughout. The bathroom has been completely modernized with contemporary large-format wall tile, trendy black fixtures, and a reclaimed wood accent wall. The unit appears to be in turnkey condition with all major cosmetic components meeting current market standards.
Priced at $139,999, this property offers a rare entry-level price point in the Nashville market, making it an ideal opportunity for first-time buyers or investors seeking a low-cost entry.
The property's proximity to major transit arteries including I-24, I-65, and the 440 loop provides excellent connectivity to downtown Nashville and surrounding employment hubs.
At 963 square feet, this two-bedroom unit provides a more spacious interior layout than many comparable entry-level condominiums, offering better value per square foot.
Constructed in 1968, the property may require significant updates to its systems and cosmetic finishes to meet modern standards and improve energy efficiency.
The assigned middle and high schools have low performance ratings (3 and 2 respectively), which may limit the property's appeal to families and impact long-term appreciation.
Welcome to 320 Welch Rd, condo unit G5. This is a 2 bedroom, 1 bath spacious home. Convenient location to 440, I-24 and I-65.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 963 | 918 | 60% |
| Lot Size | 871 | 871 | 50% |
| Price | $140.0K | $167.7K | 33% |
| Price per sq ft | $145 | $183 | 27% |
| Built year | 1968 | 1984 | 13% |
| HOA | $338 | $225 | 80% |
| Days on market | 69 | 283 | 7% |
Feb 13, 2026
$139,999
Initial Listing
Dec 23, 1996
$60,000
Public Record