515 Basswood Ave Unit 10, Nashville, TN 37209, Nashville, 37209 - 3 bed, 2 bath
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515 Basswood Ave Unit 10
Nashville, TN 37209
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,154Sq Ft
1,307Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$199,000
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $199,000, aligning with its $199,000 Fair Market Value. Featuring a 3-bedroom, 2-bath layout with an upgraded primary bathroom and in-unit laundry, this property maintains a Condition Rating of 3. Its proximity to the Cumberland River and Rock Harbor Marina provides a unique lifestyle advantage. While the HOA fee is notable, the unit offers a rare, low-maintenance entry point into the West Nashville market, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$199,000
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 |
|---|---|---|---|---|---|---|
★ 515 Basswood Ave Unit 10 Subject 3 bd · 2 ba · 1,154 sqft · $172 | $199,000* List Price | 3 | 2 | 1,154 | $172 | - |
A 515 Basswood Ave 25 Active 3 bd · 2 ba · 1,154 sqft · $199 · 0.0 mi | $230,000 List Price | 3 | 2 | 1,154 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1973, the unit has undergone significant cosmetic updates including modern continuous flooring, fresh paint, and an upgraded primary bathroom. The interior appears well-maintained and move-in ready, though the kitchen and building systems likely fall within the 5-15 year renovation window.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value & Investment Potential
Priced under $200,000 for a 3-bedroom layout in West Nashville, this property represents a rare entry-level or investment opportunity in a high-demand market where such price points are increasingly scarce.
- Prime Lifestyle Location
Situated steps from Rock Harbor Marina and the Cumberland River, the unit offers unique waterfront lifestyle access alongside immediate proximity to Nashville West shopping, Costco, and major medical centers.
- Enhanced Unit Features
Unlike many other units within the Rock Harbor community, this condo includes an in-unit washer and dryer and an upgraded primary bathroom, providing a significant competitive advantage in convenience and comfort.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1422.
- Aging Infrastructure
Built in 1973, the property may require more frequent maintenance or future capital improvements compared to newer developments in the Charlotte Park area.
- High Monthly Carrying Costs
The monthly HOA fee of $467 is relatively high in proportion to the list price, which may impact the debt-to-income ratio for first-time buyers or reduce net cash flow for investors.
About 515 Basswood Ave Unit 10
Location, location location in West Nashville! 3-bed ground-floor condo steps from Rock Harbor Marina, Cumberland River, and Nashville West shopping UNDER $200,000 - great investment and rare!! Effortless single-level living meets unbeatable West Nashville convenience at Rock Harbor Condominiums. Nestled in Charlotte Park, Unit #10 offers a practical 3-bedroom, 2-bath layout engineered for low-maintenance comfort. Step inside to durable continuous flooring throughout the open living area that flows directly to your private covered patio—offering seamless outdoor access for morning coffee or walking pets. The efficient kitchen layout opens into the dining space, creating an easy setup for daily living or roommate flexibility. The primary bathroom has been upgraded and the unit has washer and dryer in the unit unlock others in Rock Harbor. Enjoy community amenities including a pool and waterfront proximity to Rock Harbor Marina and Blue Moon Waterfront Grill for weekend dining along the Cumberland River. HOA covers water, sewer, trash, grounds maintenance, and exterior facilities, keeping month-to-month budgeting simple. Located under 10 minutes to Costco/Nashville West, Charlotte Avenue hotspots, and major medical centers/universities. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $467 / Month
Neighborhood Insights
Nashville Unified Schools
Charlotte Park Elementary School
Grades PK-4 • 0.4 mi
4/10
Gower Elementary School
Grades PK-4 • 3.5 mi
6/10
H G Hill Middle School
Grades 5-8 • 2.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,154 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $199.0K | $347.6K |
| Price per sq ft | $172 | $343 |
| Built year | 1973 | 2007 |
| HOA | $467 | $334 |
| Days on market | 75 | 92 |
Pricing History
Listed for Sale
Aug 10, 2026
$199,000
Initial Listing