420 Elysian Fields Rd E9, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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Nashville, TN 37211
This 2-bedroom, 2-bathroom condominium is a Strong Value Opportunity, listed at $159,900—positioned well below the $172,667 Fair Market Value by 7%. This valuation gap offers $12,767 in Instant Equity. Featuring a new deck, vaulted ceilings, and a Good Condition Rating, the unit is move-in ready with immediate rental potential. While school ratings are modest, the proximity to downtown and flexible rental policy make this an ideal asset for Buy-and-Hold Investors or first-time buyers seeking an affordable 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 E9 Subject | $159,900* List Price | 2 | 2 | 939 | $184 | - |
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 significant renovations likely within the last 5-15 years. Visible updates include modern laminate flooring, fresh paint, and a brand-new deck. The unit appears well-maintained, functional, and move-in ready, which elevates it from its chronological age category to Good condition.
The property allows for immediate rentals from day one of ownership, offering significant flexibility for investors in a market where rental caps are common.
This top-floor unit features vaulted ceilings and a primary ensuite with a walk-in closet, providing a sense of space and privacy rarely found at this price point.
Priced under $160,000 for a 2-bedroom, 2-bathroom configuration just minutes from Downtown Nashville, this condo represents a highly competitive entry-level opportunity.
Built in 1969, the building's age may lead to higher long-term maintenance requirements or potential future capital assessments compared to newer developments.
The assigned middle and high schools carry low ratings (3/10), which may deter family-oriented buyers and impact the property's long-term appreciation potential.
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***
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 | 939 | - |
| Lot Size | 871 | - |
| Price | $159.9K | $403.0K |
| Price per sq ft | $170 | $378 |
| Built year | 1969 | 0 |
| HOA | $325 | $0 |
| Days on market | 28 | 193 |
Jun 24, 2026
$159,900
Initial Listing
Dec 16, 1996
$33,000
Public Record