420 Elysian Fields Rd E5, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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Nashville, TN 37211
This Renovated Turnkey Condominium is a Strong Value Opportunity, listed at $198,000—positioned well below the $214,693 Fair Market Value by 7%. This valuation gap provides $16,693 in Instant Equity. Boasting a Condition Rating of 2, the interior features a Modernized Kitchen with quartz-style counters, new LVP Flooring, and updated HVAC and Water Heater systems. With No Rental Cap and a gated community featuring a Pool, this asset offers both lifestyle and immediate cash-flow potential. It is an ideal 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 |
|---|---|---|---|---|---|---|
★ 420 Elysian Fields Rd E5 Subject | $198,000* List Price | 2 | 2 | 939 | $229 | - |
A 420 Elysian Fields Rd E4 Active | $160,000 List Price | 2 | 2 | 936 | $171 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was originally constructed in 1969, the interior of this unit has been extensively renovated recently. The kitchen features modern white shaker cabinets, quartz-style countertops, subway tile backsplash, and stainless steel appliances. The unit also boasts new LVP flooring, updated lighting fixtures, and renovated bathrooms, along with new major systems including the HVAC and hot water heater, making it virtually new inside.
The HOA allows rentals from the first day of ownership with no rental cap, making this an exceptional turnkey opportunity for investors seeking immediate cash flow.
The unit features extensive updates including a modernized kitchen, renovated bathrooms, and new HVAC, flooring, and water heater, significantly reducing future capital expenditure.
Situated in a gated community with a pool, the property offers a centralized location minutes from Downtown Nashville and I-65, providing both convenience and peace of mind.
Built in 1969, the overall complex may require ongoing maintenance or face aesthetic limitations compared to newer developments in the Nashville area.
The assigned middle and high schools have lower performance ratings (3/10), which may be a drawback for families with school-aged children and impact future resale appeal.
Renovated 2 bed 2 FULL bath condo—Updated kitchen, baths, HVAC, floors, Hot Water Heater, & Lighting. All appliances remain + in-unit washer/dryer. ***HOA allows rentals on 1st day of ownership & NO cap on how many condos may be rented in this condo community at a given time.*** Centralized location minutes South of Downtown & Interstate I-65, this gated community offers a pool & ample visitor parking outside gate.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 939 | 918 | 60% |
| Lot Size | 871 | 871 | 50% |
| Price | $198.0K | $177.0K | 67% |
| Price per sq ft | $211 | $204 | 73% |
| Built year | 1969 | 1984 | 13% |
| HOA | $330 | $225 | 80% |
| Days on market | 70 | 283 | 7% |
Feb 12, 2026
$198,000
Initial Listing