
Nashville, TN 37211
This Strong Value Opportunity is a 2-bedroom condominium listed at $188,000—positioned well below the $210,690 Fair Market Value by 10%. This valuation gap offers $22,690 in Instant Equity. Featuring a Mint Condition Rating with a fully renovated kitchen, new HVAC, and in-unit laundry, this asset is move-in ready. With an HOA that permits immediate rentals, this property is a prime choice for Buy-and-Hold Investors or first-time buyers seeking a turnkey, centrally located Nashville residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Elysian Fields Rd E5 Subject | $188,000* List Price | 2 | 2 | 939 | $224 | - |
A 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 new construction or fully renovated.
Despite the 1969 build date, the property has undergone a comprehensive renovation within the last 5 years. Updates include a modern kitchen with stainless appliances, renovated baths, new HVAC, hot water heater, flooring, and lighting, meeting the criteria for mint condition with no immediate maintenance required.
The property is fully updated with a modern kitchen, renovated bathrooms, and new HVAC, flooring, and lighting, offering a move-in-ready experience with no immediate capital expenditure required.
The HOA allows for rentals starting on the first day of ownership, making this an exceptional opportunity for investors seeking immediate cash flow in the Nashville market.
Situated in a gated community just minutes from Downtown Nashville and I-65, the location provides excellent accessibility for professionals and urban commuters.
Built in 1969, the overall complex may lack the modern architectural standards and amenities found in newer developments, potentially leading to higher long-term exterior maintenance.
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.
Renovated & Ready for move-in! This 2 bed 2 FULL bath condo's updates include the kitchen, baths, HVAC, Floors, Hot Water Heater, & Lighting. All appliances remain + in-unit Laundry washer/dryer. ***HOA allows rentals on 1st day of ownership-perfect investor opportunity*** 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 | 57% |
| Square foot | 939 | 918 | 57% |
| Lot Size | 871 | 871 | 50% |
| Price | $188.0K | $172.3K | 57% |
| Price per sq ft | $200 | $191 | 50% |
| Built year | 1969 | 1979 | 14% |
| HOA | $330 | $220 | 79% |
| Days on market | 48 | 350 | 7% |
Apr 20, 2026
$188,000
Initial Listing