420 Elysian Fields Rd E8, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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Nashville, TN 37211
This High-Potential Investment Opportunity is listed at a List Price of $155,000, positioned well below the $178,004 Fair Market Value by 12%. This valuation gap offers $23,004 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit is move-in ready with recent cosmetic updates and a spacious balcony. With a proven rental history of $1,550, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, turnkey entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Elysian Fields Rd E8 Subject | $155,000* List Price | 2 | 2 | 936 | $182 | - |
A 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.6 mi |
B 370 Wallace Rd C14 Sold | $155,500 | 2 | 2 | 1,020 | $152 | 0.7 mi |
C 420 Elysian Fields Rd E4 Active | $150,000 List Price | 2 | 2 | 936 | $160 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property has undergone a recent cosmetic renovation (less than 5 years) including new flooring, fresh neutral paint, and new stainless steel appliances. It is described as move-in ready and functional, meeting the criteria for a well-maintained, updated unit despite the age of the structure and older kitchen cabinetry.
With a previous rental income of $1,550 against a $155,000 list price, this property offers an exceptional rent-to-price ratio, making it a highly attractive turnkey opportunity for investors.
The interior has been recently updated with new flooring, stainless steel appliances, and fresh neutral paint, eliminating the need for immediate capital expenditures.
Priced well below the Nashville median, this 2-bedroom, 2-bathroom unit provides a rare entry-level price point for first-time buyers or those looking to expand a rental portfolio.
Constructed in 1969, the building's age may result in higher long-term maintenance needs or potential future assessments compared to newer developments.
The assigned middle and high schools currently hold lower performance ratings, which may limit the property's appeal to families prioritizing top-tier educational districts.
This 2 bedroom/2 bath condo is move in ready with new floors, stainless appliances and fresh, neutral paint with a spacious balcony for warm summer nights! This condo is super convenient, was previously rented for $1550 and is investor friendly. Special financing offered by sellers preferred lender. Seller has a portfolio of rentals, ask Ashley for more info.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades 5-8 • 0.2 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 936 | - |
| Lot Size | 871 | - |
| Price | $155.0K | $403.0K |
| Price per sq ft | $166 | $378 |
| Built year | 1969 | 0 |
| HOA | $250 | $0 |
| Days on market | 44 | 193 |
Jun 8, 2026
$155,000
Initial Listing