420 Elysian Fields Rd Unit E9, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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420 Elysian Fields Rd Unit E9
Nashville, TN 37211
ACTIVE
CONDITION: GOOD
2Beds
2Baths
939Sq Ft
871Lot Size
Property Price
LIST PRICE$150,000
EST. MARKET VALUE
$145,807
SUMMARY
This Strong Value Opportunity is a Condominium listed at $155,000, positioned slightly above the $147,488 Fair Market Value. Featuring a Condition Rating of 3, this unit offers modern updates including a new deck and vaulted ceilings. With the ability to rent from day one, this property serves as a versatile Buy-and-Hold Investment or a practical home for first-time buyers. Proximity to Croft Design Center Middle and Norman Binkley Elementary adds long-term stability, making this an ideal acquisition for income-focused investors or those seeking an affordable Nashville entry point.
Estimated Market Value
$145,807
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 |
|---|---|---|---|---|---|---|
★ 420 Elysian Fields Rd Unit E9 Subject 2 bd · 2 ba · 939 sqft · $155 | $150,000* List Price | 2 | 2 | 939 | $155 | - |
A 420 Elysian Fields Rd E4 Sold 2 bd · 2 ba · 936 sqft · $150 · 0.0 mi | $140,000 | 2 | 2 | 936 | $150 | 0.0 mi |
B 320 Welch Rd L5 Sold 2 bd · 2 ba · 1,080 sqft · $131 · 0.5 mi | $142,000 | 2 | 2 | 1,080 | $131 | 0.5 mi |
C 420 Elysian Fields Rd E8 Sold 2 bd · 2 ba · 936 sqft · $166 | $155,000 | 2 | 2 | 936 | $166 | - |
D 370 Wallace Rd A15 Sold 1 bd · 1 ba · 644 sqft · $202 · 0.7 mi | $130,000 | 1 | 1 | 644 | $202 | 0.7 mi |
E 420 Elysian Fields Rd E7 Sold 2 bd · 2 ba · 936 sqft · $155 | $145,000 | 2 | 2 | 936 | $155 | - |
F 420 Elysian Fields Rd E5 Active 2 bd · 2 ba · 939 sqft · $200 · 0.0 mi | $188,000 List Price | 2 | 2 | 939 | $200 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 1969, the interior shows significant updates including modern laminate flooring, fresh paint, and a new deck. The unit appears well-maintained, functional, and move-in ready, suggesting a renovation within the 5-15 year range for the visible finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Flexibility
The property allows for immediate rentals from day one of ownership, offering significant appeal for investors or owners looking for future rental income potential in the Nashville market.
- Superior Unit Features
As a top-floor unit with vaulted ceilings and a new private deck, the condo provides an enhanced sense of space, natural light, and outdoor living rarely found at this price point.
- Financial Accessibility
With a competitive list price of $155,000 and eligibility for a $4,650 grant toward closing costs, this property represents a highly affordable entry point for first-time homebuyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1057.
- Property Age
Built in 1969, the unit and complex may require more frequent maintenance or updates to major systems compared to newer residential developments.
- Extended Market Time
Having spent over 100 days on the market, the property may face buyer perception issues regarding its condition or value relative to other active listings.
About 420 Elysian Fields Rd Unit E9
***You may qualify for a $4,500 grant usable towards both Downpayment & Closing Costs with a local bank, if you make less than $92k/per year*** This beautiful Top Floor condo showcases a new deck & vaulted ceilings, both perfect for capturing the direct morning sun! With designated living, dinning, & outdoor spaces, this condo offers a great sense of space just minutes from Downtown Nashville. With 2 FULL baths, the primary bedroom is a true ensuite, with a walk-in closet & it's own private bathroom. This gated community offers a community pool, ample parking for guests & residents alike, plus the ability to rent out your condo from day #1 of ownership should you choose. (All appliances are full size, including the dishwasher & laundry washer/dryer). ***Floor Plan in photos***
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330 / Month
Neighborhood Insights
Nashville Unified Schools
Norman Binkley Elementary School
Grades PK-4 • 1.1 mi
6/10
Croft Design Center Middle Prep
Grades 5-8 • 0.2 mi
3/10
John Overton Comp High School
Grades 9-12 • 2.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 939 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $150.0K | $347.6K |
| Price per sq ft | $160 | $343 |
| Built year | 1969 | 2007 |
| HOA | $330 | $334 |
| Days on market | 123 | 92 |
Pricing History
Listed for Sale
Oct 15, 2026
$150,000
$155,000
-3% Price Drop
Initial Listing
Price Change
Jun 24, 2026
$155,000
Initial Listing
Sold
Dec 16, 1996
$33,000
Public Record