
Nashville, TN 37211
This Updated Value-Add Condominium represents a High-Potential Investment Opportunity with a List Price of $192,000—positioned well below the $219,731 Fair Market Value by 12%. This valuation gap provides $27,731 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the unit features new energy-efficient windows, stone countertops, and a private patio. Located with easy access to I-65 and zoned for Norman Binkley Elementary, the property offers both lifestyle convenience and strong appreciation 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 |
|---|---|---|---|---|---|---|
★ 4958 Edmondson Pike 23 Subject | $185,000* List Price | 2 | 2 | 1,134 | $192 | - |
A 370 Wallace Rd C14 Sold | $155,500 | 2 | 2 | 1,020 | $152 | 0.4 mi |
B 550 Harding Pl F112 Sold | $129,900 | 2 | 1 | 874 | $149 | 0.6 mi |
C 420 Elysian Fields Rd E4 Active | $160,000 List Price | 2 | 2 | 936 | $171 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic updates. While the structure dates back to 1976, the interior features brand-new paint, new energy-efficient windows, new carpeting, and modern luxury vinyl plank flooring. The kitchen has been updated with stainless steel appliances, stone countertops, and a contemporary subway tile backsplash. These improvements, combined with the new sliding patio door, elevate the condition above 'fair' despite the building's age.
The unit features brand-new interior paint, energy-efficient windows, and a new sliding patio door, offering a move-in-ready experience with reduced immediate maintenance costs.
Situated with easy access to I-65 and Brentwood, the property is conveniently located near major shopping and dining hubs, making it ideal for commuters.
Priced competitively under $200k for a 2-bedroom layout in a growing Nashville market, this property presents a strong opportunity for first-time buyers or rental investors.
Built in 1976, the property may require ongoing attention to older building systems and common area maintenance typical of mid-70s developments.
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may impact long-term resale value for families.
Freshly updated and move‑in ready condo in a prime Nashville location. This unit features brand‑new interior paint, new energy‑efficient windows, and a new sliding patio door that brings in great natural light. Spacious living area, functional layout, and a private patio perfect for relaxing or entertaining. Conveniently located near shopping, restaurants, and easy access to I‑65 and Brentwood. Ideal for a first‑time buyer or investor looking for a low‑maintenance property in a growing area.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades 5-8 • 1.0 mi
Grades 9-12 • 2.3 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 | 1,134 | 918 | 80% |
| Lot Size | 436 | 871 | 40% |
| Price | $185.0K | $177.0K | 53% |
| Price per sq ft | $163 | $183 | 40% |
| Built year | 1976 | 1984 | 47% |
| HOA | $336 | $225 | 80% |
| Days on market | 27 | 283 | 7% |
Apr 16, 2026
$185,000
$189,000
-2% Price Drop
Initial Listing
Apr 11, 2026
$189,000
$192,000
-2% Price Drop
Initial Listing
Mar 27, 2026
$192,000
Initial Listing