3317 Long Blvd D5, Nashville, TN 37203, Nashville, 37203 - 2 bed, 1 bath
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Nashville, TN 37203
This property presents a High-Potential Investment Opportunity with a List Price of $268,500—positioned well below the $270,450 Fair Market Value by 0.72%. This valuation gap offers $1,950 in Instant Equity. While the unit has a Condition Rating of 4, its prime location near Vanderbilt and Belmont, combined with flexible long-term and short-term rental zoning, makes it a strategic asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3317 Long Blvd D5 Subject | $268,500* List Price | 2 | 1 | 918 | $295 | - |
A 116 31st Ave N 206 Sold | $284,900 List Price | 1 | 2 | 1,030 | 0.4 mi | |
B 3310 Long Blvd B7 Active | $275,000 List Price | 2 | 1 | 918 | $300 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is functional but dated. The kitchen features older cabinetry and laminate countertops, and the listing description explicitly states it 'could use a little bit of updating.' While the hardwood floors and newer dishwasher suggest it is move-in ready, the overall finishes and systems appear to be over 20 years old.
Situated within walking distance to Vanderbilt University, Belmont, and Midtown, this property offers exceptional convenience for students, medical professionals, and urban dwellers.
Priced under $300,000 for a two-bedroom unit in the highly sought-after 37203 zip code, this condo represents a rare affordable entry point into the competitive Nashville market.
The property supports flexible exit strategies with long-term rentals permitted immediately and short-term rental eligibility after two years of ownership.
The unit requires cosmetic updates and modernization to reach its full market potential, necessitating additional immediate capital investment from the buyer.
The absence of deeded or assigned parking spaces may be a significant drawback for residents in a high-density urban area where parking is at a premium.
Looking for a wonderful, AFFORDABLE 2 bed condo under 300k walking distance to Vanderbilt University & Medical, Belmont, Midtown, Downtown, etc? You have found it here! Property could use a little bit of updating, but price certainly reflects that. No assigned parking spots but plenty of available parking. Small common space behind each building for grills, lawn chairs, pets, etc. Long term renting allowed, STR allowed after 2yrs ownership.
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-8 • 0.7 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 918 | - |
| Lot Size | 871 | - |
| Price | $268.5K | $403.0K |
| Price per sq ft | $292 | $378 |
| Built year | 1952 | 0 |
| HOA | $225 | $0 |
| Days on market | 6 | 193 |
Jul 16, 2026
$268,500
Initial Listing
Aug 12, 1996
$62,500
Public Record