504 Armistead Pl, Nashville, TN 37215, Nashville, 37215 - 2 bed, 2 bath
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Nashville, TN 37215
This High-Potential Investment Opportunity is listed at $399,000, positioned well below the $378,688 Fair Market Value by -5%. Featuring a Fair Condition Rating, this 1,343 sqft condo offers a one-level floorplan with hardwood floors and a private rear patio. Located in the exclusive Burlington neighborhood, it provides exceptional walkability to Green Hills amenities. While the property requires modernization, the location and layout offer significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic updates.
Property is moderate renovation needed.
The property is 42 years old (built 1982) and retains dated interior elements such as parquet flooring and a fluorescent kitchen light box. While the kitchen has been partially refreshed with newer stainless steel appliances and the home appears well-maintained, the listing explicitly states it is priced to allow for buyer updates, fitting the 'Fair' criteria for a functional but dated residence.
Elementary School: Glendale Elementary School (9/10).
Situated in the heart of Green Hills, this property offers exceptional walkability to high-end shopping at Green Hills Mall, the Hill Center, local restaurants, and essential services like the YMCA and Kroger.
Located within the exclusive Burlington neighborhood, residents benefit from a unique park-like setting featuring an 8-acre park, walking trails, a playground, and a peaceful babbling brook.
The property is being sold in a condition that necessitates updates to the 1980s-era finishes, which will require additional immediate capital investment from the buyer.
While the elementary school is conveniently located, the assigned middle and high schools carry lower performance ratings, which may be a deterrent for families prioritizing top-tier public education.
Best value in Green Hills! Priced below recent tax appraisal to allow buyer to make his or her own updates, this all-brick, flat condo offers a coveted, one-level floorplan with 2 bedrooms, 2 bathrooms, generous spaces, timeless hardwood and parquet floors, 10’ crown-moulded ceilings, charismatic bay window, private rear patio, assigned parking spot and parking for guests. Situated amid the exclusive and convenient Burlington neighborhood, built around the preserved historic Burlington Mansion, this community is whimsical with charm, lush with landscaping, and peaceful with a babbling brook, offering wonderful amenities such as an 8-acre park, playground, walking trails, and a gazebo. Walking distance to the Green Hills Mall, Hill Center offices, shopping, and restaurants, YMCA, Julia Green Elementary School and Kroger.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades K-4 • 2.2 mi
Grades PK-4 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,343 | - |
| Lot Size | 1,307 | - |
| Price | $399.0K | $403.0K |
| Price per sq ft | $297 | $378 |
| Built year | 1982 | 0 |
| HOA | $328 | $0 |
| Days on market | 30 | 193 |
Jun 22, 2026
$399,000
Initial Listing
Oct 24, 1994
$108,300
Public Record
Oct 21, 1994
$120,000
Public Record
May 27, 1993
$108,300
Public Record