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 | $157 | - |
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. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 963 | 918 | 57% |
| Lot Size | 871 | 871 | 50% |
| Price | $115.0K | $167.7K | 29% |
| Price per sq ft | $119 | $183 | 29% |
| Built year | 1968 | 1979 | 14% |
| HOA | $338 | $220 | 79% |
| Days on market | 32 | 350 | 7% |
May 6, 2026
$115,000
Initial Listing
Dec 23, 1996
$60,000
Public Record