550 Harding Pl Unit C116, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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550 Harding Pl Unit C116
Nashville, TN 37211
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,044Sq Ft
436Lot Size
Property Price
LIST PRICE$119,900
EST. MARKET VALUE
$123,950
3% BelowMARKET VALUE
SUMMARY
This townhome presents a High-Potential Investment Opportunity with a List Price of $119,900—positioned well below the $123,950 Fair Market Value by 3%. This valuation gap offers $4,050 in Instant Equity. While the property holds a Condition Rating of 5 due to its aging infrastructure and baseboard heating, its strategic location near major transit arteries provides strong rental demand. This is a value-add asset ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Nashville market.
Estimated Market Value
$123,950+$4,050 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 550 Harding Pl Unit C116 Subject 2 bd · 2 ba · 1,044 sqft · $119 | $119,900* List Price | 2 | 2 | 1,044 | $119 | - |
A 550 Harding Pl A107 Active 2 bd · 2 ba · 1,044 sqft · $139 · 0.1 mi | $145,000 List Price | 2 | 2 | 1,044 | $139 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1965 (>50 years old) without a comprehensive renovation. The property relies on outdated all-electric baseboard heating and window AC units rather than central HVAC, and lacks in-unit laundry. While the interior shows basic cosmetic maintenance like paint and carpet, the aging systems and original infrastructure require significant rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $119,900, this townhome offers a rare entry-level price point in the Nashville market, providing significant value for first-time buyers and high-yield potential for investors.
- Strategic Commuter Location
The property features excellent proximity to major transit arteries including I-24, I-65, and I-440, ensuring convenient access to downtown Nashville, the airport, and local shopping hubs.
- Value-Add Opportunity
With ongoing community upgrades to curb appeal and new infrastructure like centralized mailboxes, the property is positioned to benefit from the neighborhood's continued growth and appreciation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 621.
- Dated Climate Control Systems
The reliance on electric baseboard heating and window air conditioning units rather than a modern central HVAC system may result in lower energy efficiency and less consistent temperature control.
- Lack of In-Unit Laundry
The absence of private laundry hookups within the unit requires the use of shared on-site facilities, which may be a drawback for owner-occupants seeking maximum convenience.
About 550 Harding Pl Unit C116
Income-Producing Nashville Townhome — $119,900 A compelling opportunity for first-time buyers, downsizers, and investors, this affordable two-bedroom, 1.5-bath townhome combines value, convenience, and income potential. Its location provides easy access to downtown Nashville and major routes—including I-24, I-65, I-440, and Briley Parkway—making commutes, errands, and weekend outings simple. Nearby Conveniences: the airport, shopping, supermarkets, banks, restaurants, and the Nashville Zoo are all just minutes away, keeping everyday essentials and popular local attractions within easy reach. Refrigerator and stove included, all-electric baseboard heating and window air conditioning for warmer months. On-site laundry rooms and on-site trash dumpsters for convenient disposal. New centralized mailboxes are scheduled for installation on October 23. Ongoing property upgrades are also enhancing curb appeal and complementing the neighborhood’s continued growth. Offered at just $119,900, this Nashville townhome delivers value, convenience, and strong investment potential. Schedule your showing today to experience everything the property has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $294 / Month
Neighborhood Insights
Nashville Unified Schools
Norman Binkley Elementary School
Grades PK-4 • 0.5 mi
6/10
Croft Design Center Middle Prep
Grades 5-8 • 0.7 mi
3/10
John Overton Comp High School
Grades 9-12 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,044 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $119.9K | $347.6K |
| Price per sq ft | $115 | $343 |
| Built year | 1965 | 2007 |
| HOA | $294 | $334 |
| Days on market | 3 | 92 |
Pricing History
Listed for Sale
Oct 21, 2026
$119,900
Initial Listing