
Nashville, TN 37211
This Remodeled Nashville Condominium is a Strong Value Opportunity, listed at $98,900—positioned well below the $100,730 Fair Market Value by 1%. This valuation gap offers $1,830 in Instant Equity. Boasting a Condition Rating of 3, the unit features updated plumbing and electrical systems and tiled flooring. Located near Nashville International Airport and zoned for Paragon Mills Elementary and Wright Middle, this property provides a competitive entry point compared to nearby $105,000 listings. It is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Welch Rd N2 Subject | $98,900* List Price | 1 | 1 | 683 | $147 | - |
A 320 Welch Rd R3 Active | $105,000 List Price | 1 | 1 | 683 | $154 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the unit was previously gutted and remodeled with updated plumbing and electrical systems. The interior features tiled flooring and a modern tiled bath surround, appearing well-maintained and move-in ready.
Priced under $100,000 in the Nashville market, this property offers a rare entry-level opportunity for first-time buyers or investors seeking a low-capital entry point.
The unit has been previously gutted and remodeled with updated plumbing and electrical systems, providing peace of mind regarding the core components of an older building.
Conveniently located near Nashville International Airport, Geodis Park, and major shopping hubs, ensuring high rental demand and ease of access for commuters.
The monthly association fee of $316 is relatively high compared to the purchase price, which may impact the net cash flow for investors or the monthly budget for owners.
The reliance on photos from a previous listing and the inability to disturb current renters makes it difficult to assess the current wear and tear of the unit prior to an offer.
Tiled Flooring, Tiled Bath surround. Washer/Dryer Hook-ups. Unit had been previously gutted and remodeled and all plumbing & electrical updated. One of the nicest units in the complex. This Condo is at Pagoda Condominiums which is located close to the Nashville International Airport, Geodis Park, Restaurants, Shopping and More! **** Condo is currently being rented do NOT disturb renters. PHOTOS are from previous listing.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 683 | 918 | 21% |
| Lot Size | 871 | 871 | 50% |
| Price | $98.9K | $167.7K | 29% |
| Price per sq ft | $145 | $183 | 29% |
| Built year | 1968 | 1979 | 14% |
| HOA | $316 | $220 | 79% |
| Days on market | 14 | 327 | 7% |
May 1, 2026
$98,900
Initial Listing
Nov 14, 1994
$5,500
Public Record