515 Basswood Ave #J94, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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Nashville, TN 37209
Analysis of 515 Basswood Ave #J94, Nashville, TN 37209 is currently available with a list price of $195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained and move-in ready but retains several dated elements characteristic of its era, such as popcorn ceilings and a basic kitchen with older white appliances. While the unit benefits from updated hardwood flooring throughout the living areas and bedrooms, it has not undergone a comprehensive modern renovation. The single-bathroom layout for a two-bedroom unit and the current lack of in-unit laundry further align it with the 'fair' condition category, representing an aged home kept functional through regular upkeep and partial updates.
The upcoming 2026 Rock Harbor Marina development and flexible 30-day rental policy offer significant opportunities for capital appreciation and consistent rental income.
Located in a desirable riverfront community overlooking the Cumberland River, the property provides a unique lifestyle with walking access to waterfront dining and recreation.
The HOA fee covers essential utilities like water and trash, along with exterior maintenance and community amenities, simplifying the management for investors and residents.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Built in 1973, the property may require modern updates and could face higher long-term maintenance costs associated with an older building.
The current lack of in-unit laundry and the presence of only one bathroom for a two-bedroom layout may be a drawback for some modern buyers and tenants.
Great investment! Enjoy easy lake living in this charming 2-bedroom, 1-bath condo located in the highly desirable Rock Harbor riverfront community overlooking the Cumberland River. Just a short walk to the popular Blue Moon Waterfront Grille, this location is perfect for enjoying waterfront dining and summer fun! Residents enjoy access to a community pool, clubhouse, and shared laundry facilities, with the added option to install in-unit laundry hookups. HOA dues cover water, trash service, exterior and grounds maintenance, as well as clubhouse and pool access for low-maintenance living. Rentals are permitted with a 30-day minimum, offering flexibility for owners and investors alike. The upcoming Rock Harbor Marina development, scheduled to begin in 2026, will feature expanded marine services, aesthetic enhancements, and infrastructure improvements, adding even more value to this waterfront community. Visit the Rock Harbor Marina website for additional project details.https://rockharbormarine.com/ **Unit currently has a tenant - please allow 24 hours for showings
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 3.4 mi
Grades 5-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 968 | 896 | 68% |
| Lot Size | - | 871 | 14% |
| Price | $195.0K | $330.0K | 9% |
| Price per sq ft | $201 | $379 | 9% |
| Built year | 1973 | 2020 | 14% |
| HOA | $341 | $198 | 95% |
| Days on market | 16 | 267 | 5% |
Apr 6, 2026
$195,000
Initial Listing