500 Merritt Ave 208, Nashville, TN 37203, Nashville, 37203 - 0 bed, 1 bath
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500 Merritt Ave 208
Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
0Beds
1Baths
529Sq Ft
436Lot Size
Property Price
LIST PRICE$365,000
EST. MARKET VALUE
$335,597
8% AboveMARKET VALUE
SUMMARY
This studio at The Maslow represents a Strong Value Opportunity, listed at $365,000—positioned above the $335,598 Fair Market Value. As a 2024 construction with an Excellent Condition Rating, this unit offers a turnkey, high-performing asset in the heart of Wedgewood-Houston. Featuring custom wood shelving and a transferable rental permit, it is optimized for immediate income production. While the compact footprint and local school ratings suggest a niche appeal, the location remains a premier draw. This is an ideal acquisition for Buy-and-Hold Investors or short-term rental operators.
Estimated Market Value
$335,597
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 |
|---|---|---|---|---|---|---|
★ 500 Merritt Ave 208 Subject | $365,000* List Price | 0 | 1 | 529 | $634 | - |
A 2140 Byrum Ave 315 Sold | $351,000 | 1 | 1 | 640 | $548 | 0.4 mi |
B 500 Merritt Ave 313 Active | $369,998 List Price | 1 | 1 | 520 | $712 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This property was built in 2024, placing it well within the 'Excellent' criteria. As a brand-new construction, all systems (HVAC, electric) and finishes are in mint condition, requiring zero maintenance. The unit features modern elevated finishes and is sold turn-key.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Glendale Elementary School (9/10).
- Turn-Key Investment Potential
The property is sold fully furnished with a transferable rental permit, offering an immediate, high-performing income stream for investors in a competitive market.
- Prime Urban Location
Situated in the heart of Wedgewood-Houston (WeHo), one of Nashville's fastest-growing neighborhoods, the unit is steps away from elite social clubs like Soho House and top-tier dining.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 529 square feet, the studio layout offers very limited living and storage space, which may restrict the tenant pool to short-term occupants or single residents.
- Underperforming School District
The property is zoned for local high schools with low ratings (2/10), which could deter long-term owner-occupants and potentially impact future resale value to families.
About 500 Merritt Ave 208
INVESTOR UNIT: Turn-key, fully furnished investment opportunity at The Maslow. This stylish Studio has operated as a highly successful medium-term rental, booked consistently every month last year. **Rental Permit stays with the unit!** Thoughtfully designed with custom wood shelving and elevated finishes throughout, this unit is being sold completely furnished and ready for immediate income production. The Maslow offers premium amenities including two outdoor terraces, a fitness center, and secure entry with Latch access system. Ideal for investors seeking strong rental performance in one of Nashville’s most dynamic locations. Located in the heart of Wedgewood-Houston (WeHo), one of Nashville’s most sought-after and fastest-growing neighborhoods, this condo places you steps from some of the city’s most popular spots. Bastion, Americano, SoHo House, Mercado by Butchertown more!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2024
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $188 / Month
Neighborhood Insights
Nashville Unified Schools
Fall- Hamilton Elementary Enhanced Option
Grades PK-4 • 0.5 mi
3/10
Carter Lawrence Elementary Magnet
Grades PK-4 • 1.1 mi
4/10
John B Whitsitt Elementary School
Grades PK-4 • 2.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 529 | 1,009.207 |
| Lot Size | 436 | 871 |
| Price | $365.0K | $339.9K |
| Price per sq ft | $690 | $344 |
| Built year | 2024 | 2007 |
| HOA | $188 | $329 |
| Days on market | 56 | 91 |
Pricing History
Listed for Sale
Jul 15, 2026
$365,000
Initial Listing