
Nashville, TN 37203
This Modern Condominium represents a High-Potential Investment Opportunity, listed at $515,000 against a $499,907 Fair Market Value. While priced slightly above market, the property offers a rare, transferable rental permit in the heart of Wedgewood-Houston, ensuring immediate income potential. Featuring a 2024 build date, mint condition rating, and a deeded parking spot, this unit provides a turnkey lifestyle with a distant skyline view. It is an ideal acquisition for Buy-and-Hold Investors or urban professionals seeking a high-demand, low-maintenance asset in Nashville’s creative core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Merritt Ave 312 Subject 1 bd · 1 ba · 837 sqft · $597 | $515,000* List Price | 1 | 1 | 837 | $597 | - |
A 500 Merritt Ave 203 Active 1 bd · 1 ba · 783 sqft · $637 · 0.0 mi | $499,000 List Price | 1 | 1 | 783 | $637 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this ultra-modern condo is less than 10 years old and in mint condition. It features high-end finishes, pristine interiors, and brand-new systems requiring absolutely no maintenance.
Elementary School: Glendale Elementary School (9/10).
Situated in the heart of Wedgewood-Houston, the property offers unparalleled pedestrian access to Nashville's top dining, galleries, and nightlife, including 'Sushi Row' and Iggy's.
The rare inclusion of a transferable rental permit provides a significant advantage for investors, allowing for immediate entry into Nashville's competitive rental market.
The assigned high schools carry low ratings (2/10), which may deter family-oriented buyers and impact long-term appreciation compared to other Nashville submarkets.
At over $600 per square foot for a one-bedroom unit, the pricing is at the top of the market, which may limit the pool of qualified buyers and affect appraisal values.
This one-bedroom plus office condo puts you in the middle of one of Nashville’s most creative and energetic neighborhoods, with the best of Wedgewood-Houston just outside your door. Inside, the space has a modern, elevated feel that makes you want to stay awhile. High-end finishes, beautiful natural light, and a thoughtfully designed interior give the condo a polished look while still feeling warm and livable. The open kitchen and living space are made for slow mornings, nights in, and spontaneous dinners with friends. The office/den adds valuable flexibility—use it as a home office, creative space, guest room, or whatever fits your life. The building itself feels equally considered, with a striking designer lobby, fitness center, and multiple outdoor spaces for enjoying a coffee, getting some fresh air, or gathering with friends. Waiting outside your door is Nashvilles most exciting Neighborhood. Walk out your door and you’re minutes from Sushi Row, Iggy's, Ingrassia & Sons, and many more independent galleries, coffee shops, restaurants, and some of the neighborhood’s best nightlife. Wedgewood-Houston has that rare combination of creative energy and neighborhood feel—and you get to experience it all without getting in your car. A deeded parking spot is included, which is a major bonus and a rare find in WeHo. Even better, the rental permit conveys with the sale, giving investors an opportunity to step into one of Nashville’s most exciting neighborhoods with an important piece of the equation already in place.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 1.1 mi
Grades PK-4 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 837 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $515.0K | $347.6K |
| Price per sq ft | $615 | $343 |
| Built year | 2024 | 2007 |
| HOA | $327 | $334 |
| Days on market | 74 | 92 |
Aug 11, 2026
$515,000
Initial Listing