405 Marshall St 1, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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405 Marshall St 1
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,179Sq Ft
0Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$578,985
SUMMARY
This Modern Turn-Key Condominium is a Strong Value Opportunity, listed at $595,000—positioned well above the $578,985 Fair Market Value by 2%. While priced slightly above market, the property maintains a Mint Condition Rating with 2022 construction, modern finishes, and fresh paint. Its strategic location near Downtown and The Gulch ensures high rental demand, while the low $99 HOA fee minimizes overhead. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready residence in a high-growth urban corridor.
Estimated Market Value
$578,985
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 Marshall St 1 Subject 3 bd · 4 ba · 2,179 sqft · $266 | $595,000* List Price | 3 | 4 | 2,179 | $266 | - |
A 530 Edwin St 16 Active 3 bd · 4 ba · 1,857 sqft · $269 · 0.4 mi | $500,000 List Price | 3 | 4 | 1,857 | $269 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this property is less than 3 years old and in mint condition. The interior features a modern kitchen with designer cabinetry and stainless steel appliances, updated bathrooms with contemporary tile work, and fresh paint throughout. All major systems (HVAC, Electric) are nearly new, meeting the criteria for a move-in ready home with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turn-Key Condition
Built in 2022 and recently refreshed with new interior paint, this home offers a move-in-ready experience with contemporary finishes and an open-concept layout.
- Strategic Urban Proximity
Ideally situated just minutes from Nashville’s premier districts, including Downtown, The Gulch, and Germantown, providing easy access to top-tier dining and entertainment.
- Low Ownership Costs
With a low monthly association fee of $99 and a low-maintenance design, this property is an efficient choice for both primary residents and savvy investors.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools carry low ratings (2/10), which may be a concern for families prioritizing public education quality.
- Extended Market Time
Having spent 77 days on the market, the property may face perception challenges regarding its initial pricing strategy relative to current local demand.
About 405 Marshall St 1
Built in 2022 and thoughtfully maintained, 405 Marshall Street, Unit 1, offers the appeal of a nearly new home in a convenient Nashville location. Previously used as a long-term rental, the property has been well cared for and recently refreshed with new interior paint throughout. Inside, natural light, modern finishes, and an open-concept layout create an inviting space for everyday living. The home’s low-maintenance design makes it an appealing choice for both a primary residence and an investment property. Just minutes from Downtown Nashville, The Gulch, and Germantown, you’ll have easy access to some of the city’s favorite restaurants, entertainment, and local attractions.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $99 / Month
Neighborhood Insights
Nashville Unified Schools
Tom Joy Elementary School
Grades PK-4 • 0.6 mi
6/10
Shwab Elementary School
Grades PK-4 • 0.6 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 1.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,179 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $595.0K | $347.6K |
| Price per sq ft | $273 | $343 |
| Built year | 2022 | 2007 |
| HOA | $99 | $334 |
| Days on market | 99 | 92 |
Pricing History
Listed for Sale
Jul 17, 2026
$595,000
Initial Listing