
Nashville, TN 37203
This historic condominium represents a Strong Value Opportunity, listed at $399,900—positioned above the $378,968 Fair Market Value. While priced slightly above market, the property offers immediate utility as a Buy-and-Hold Investor asset due to the absence of a rental waitlist. Featuring exposed historic brick and original hardwood floors, the unit maintains a Condition Rating of 3. Its prime downtown location near Nashville Yards provides high walkability, making it an ideal acquisition for urban professionals seeking a stable, income-producing historic residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 Church St 205 Subject | $399,900* List Price | 1 | 1 | 819 | $465 | - |
A 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 1.0 mi |
B 930 Commerce St 508 Sold | $438,000 | 1 | 1 | 835 | $525 | 0.2 mi |
C 1212 Laurel St 2010 Sold | $425,000 | 1 | 1 | 700 | $607 | 0.6 mi |
D 1212 Demonbreun St 1203 Sold | $489,900 | 1 | 1 | 801 | $612 | 0.6 mi |
E 1808 State St 113 Sold | $300,000 | 2 | 2 | 800 | $375 | 1.0 mi |
F 600 12th Ave S 607 Sold | $319,900 | 1 | 1 | 660 | $485 | 0.8 mi |
G 1510 Demonbreun St 1103 Sold | $430,000 | 1 | 1 | 987 | $436 | 0.7 mi |
H 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 1.0 mi |
I 700 Church St 1108 Active | $360,000 List Price | 1 | 1 | 744 | $484 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building dates to 1926, the unit is well-maintained with original hardwoods and exposed brick in excellent condition. The interior features modern conveniences and high-end custom cabinetry, appearing move-in ready and functional, fitting the 5-15 year renovation/maintenance profile.
The absence of a rental waitlist allows for immediate long-term leasing, making this a rare and highly liquid asset for investors in the competitive downtown Nashville market.
Situated in the heart of downtown near Nashville Yards and Broadway, the property offers exceptional walkability to major employment hubs, dining, and entertainment venues.
This 1926 residence features authentic exposed brick and original hardwoods, uniquely paired with the rare downtown luxury of an assigned parking space and a fitness center.
The monthly association fee of $545 is relatively high for a one-bedroom unit, which may impact the overall debt-to-income ratio for buyers and net yields for investors.
The property is zoned for schools with low performance ratings (2/10 and 3/10), which could limit the pool of potential future buyers to those without school-aged children.
No rental waitlist! Purchase and lease immediately (long-term rentals only), making this an exceptional investment opportunity in one of downtown Nashville’s most sought-after historic buildings. Whether you’re searching for your next home or an income-producing property, this rare offering combines investment potential with an unbeatable location. Welcome to one of downtown Nashville’s most iconic historic buildings, where timeless character meets modern convenience. This lovingly maintained, one-owner residence is being offered by its original owner and showcases the charm that makes historic downtown living so desirable. Perfectly positioned in the heart of downtown, without all the chaos, you’ll enjoy a prime location next to Nashville Yards, directly across from the Nashville Public Library, and just a short walk to Broadway, Fifth + Broadway, Bridgestone Arena, restaurants, shopping, and entertainment. Inside, the spacious one-bedroom floor plan features exposed historic brick, original hardwood floors, and a custom handcrafted closet that offers exceptional storage while complementing the home’s character. Residents enjoy a secure building with an assigned parking space, fitness center, resident club room, and a convenient dog relief area just outside the building, making it ideal for pet owners. This is a rare opportunity to own a piece of Nashville history while enjoying the convenience, walkability, and investment potential that downtown living has to offer.
No exterior & parking available.
Grades PK-4 • 1.4 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 819 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $399.9K | $339.9K |
| Price per sq ft | $488 | $344 |
| Built year | 1926 | 2007 |
| HOA | $545 | $329 |
| Days on market | 49 | 91 |
Jul 22, 2026
$399,900
Initial Listing