601 Madison St Unit 202, Nashville, TN 37208, Nashville, 37208 - 1 bed, 1 bath
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601 Madison St Unit 202
Nashville, TN 37208
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
993Sq Ft
871Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$559,860
7% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $599,900—positioned well above the $559,860 Fair Market Value by 7%. While priced at a premium, the unit features a Mint Condition Rating with high-end JennAir appliances and quartz countertops. Located in the historic Elliott School, this residence offers a functional floor plan with a dedicated office and rooftop terrace views. Its prime Germantown location provides unmatched walkability to local amenities. This property is an ideal fit for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in ready lifestyle.
Estimated Market Value
$559,860
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 |
|---|---|---|---|---|---|---|
★ 601 Madison St Unit 202 Subject 1 bd · 1 ba · 993 sqft · $564 | $599,900* List Price | 1 | 1 | 993 | $564 | - |
A 1221 4th Ave N Sold 1 bd · 1 ba · 769 sqft · $579 · 0.2 mi | $445,000 | 1 | 1 | 769 | $579 | 0.2 mi |
B 1201 5th Ave N 203 Sold 1 bd · 1 ba · 720 sqft · $597 · 0.1 mi | $430,000 | 1 | 1 | 720 | $597 | 0.1 mi |
C 601 Madison St 101 Active 1 bd · 1 ba · 976 sqft · $603 · 0.0 mi | $588,800 List Price | 1 | 1 | 976 | $603 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although the building dates to 1916, the unit is part of a high-end restoration with a modern kitchen featuring JennAir appliances, quartz countertops, and floor-to-ceiling cabinetry. The interior shows mint condition with refinished hardwoods and updated systems, consistent with a recent renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Architectural Appeal
Located in the restored 1916 Elliott School, the unit features soaring 13-foot ceilings, original exposed brick, and five oversized windows that provide exceptional natural light and unique character.
- Versatile Functional Layout
The floor plan distinguishes itself from typical one-bedroom condos by offering a fully enclosed bedroom plus a dedicated office/flex space, ideal for remote work or guest accommodations.
- Prime Walkable Location
Situated in the heart of Germantown, the property boasts an unbeatable walkability score with immediate access to top-tier restaurants, Bicentennial Capitol Mall, and Downtown Nashville.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1006.
- Single Bathroom Limitation
Despite the generous 993 square footage and additional flex room, the unit only contains one bathroom, which may limit appeal for buyers who prioritize guest convenience.
- Premium Price Point
At a list price of $599,900 for a one-bedroom unit, the property commands a high price per square foot that may be challenging for entry-level buyers in the current market.
About 601 Madison St Unit 202
Historic character meets modern city living in the heart of Germantown. Located inside the beautifully restored Elliott School building, Unit 202 is a true one-bedroom condo with a fully enclosed bedroom plus a separate office/flex space - perfect for working from home, guests or extra storage. 13-foot ceilings, exposed brick, hardwood floors and five oversized windows fill the home with natural light. The open living, dining and kitchen areas feel bright and spacious, while the separate bedroom and flex space offer functionality that's hard to find in a one-bedroom condo. Residents of Elliott School enjoy a rooftop terrace with Downtown Nashville skyline views (perfect for fourth of July fireworks!) indoor and outdoor entertaining spaces, fitness center, fenced dog area and outdoor space with a fire pits. Sale also includes 1 of 5 storage units in the building. All of this in one of Nashville's most walkable neighborhoods, just minutes from Germantown's restaurants and coffee shops, Bicentennial Capitol Mall, Nashville Farmers' Market, First Horizon Park and Downtown. Historic charm, a functional floor plan and an unbeatable Germantown location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1916
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $420 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 993 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $599.9K | $347.6K |
| Price per sq ft | $604 | $343 |
| Built year | 1916 | 2007 |
| HOA | $420 | $334 |
| Days on market | 33 | 92 |
Pricing History
Listed for Sale
Sep 21, 2026
$599,900
Initial Listing