700 Church St 708, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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700 Church St 708
Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
744Sq Ft
871Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$329,055
4% BelowMARKET VALUE
SUMMARY
This Turnkey Downtown Condo is a Strong Value Opportunity, listed at $315,000—positioned well below the $329,056 Fair Market Value by 4%. This valuation gap offers $14,056 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a 2021 bathroom renovation and 2023 HVAC/water heater, this unit offers a City Skyline View and modern amenities like Google Fiber. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready lifestyle in the heart of Nashville.
Estimated Market Value
$329,055+$14,055 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 |
|---|---|---|---|---|---|---|
★ 700 Church St 708 Subject | $315,000* List Price | 1 | 1 | 744 | $442 | - |
A 700 Church St 207 Sold | $330,000 | 1 | 2 | 778 | $424 | 0.0 mi |
B 1803 Broadway 120 Sold | $329,000 | 1 | 1 | 851 | $387 | 1.0 mi |
C 600 12th Ave S 607 Sold | $319,900 | 1 | 1 | 660 | $485 | 0.8 mi |
D 1803 Broadway 513 Sold | $285,000 | 1 | 1 | 620 | $460 | 1.0 mi |
E 700 Church St 802 Active | $397,000 List Price | 1 | 1 | 752 | $528 | 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.
The property meets the excellent criteria due to significant recent renovations and system updates: the bathroom was renovated in 2021 (<5 years), and the HVAC and water heater were replaced in 2023 (<5 years). The kitchen is updated with stainless steel appliances and granite countertops, and the unit features fresh paint and well-maintained original hardwoods, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated just two blocks from Broadway and Nashville Yards, this property offers exceptional walkability to Nashville's premier entertainment, dining, and sports venues like Bridgestone Arena.
- Recent Capital Improvements
The unit features significant recent upgrades, including a new HVAC and water heater installed in 2023 and a renovated bathroom from 2021, reducing immediate maintenance concerns for the buyer.
- Historic Charm with Modern Amenities
The property preserves its 1926 character with original hardwood floors and abundant natural light while providing modern essentials like Google Fiber and a rare assigned parking space.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
The listing explicitly states the property will not qualify for FHA financing, which limits the potential buyer pool to those with conventional loans or cash.
- High Monthly Carrying Costs
The $495 monthly association fee is relatively high for a 744-square-foot one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
About 700 Church St 708
Downtown living with everything at your doorstep. Located just two blocks from Broadway and Nashville Yards, this one-bedroom condo offers original hardwood floors, abundant natural light, fresh paint, a spacious living area, and a beautifully renovated bathroom (2021). New HVAC and water heater installed in 2023. Washer, dryer, blinds, Google Fiber, and one assigned parking space convey with the property. Historic building with an on-site fitness center. Leasing permit available with a minimum one-year lease term. Walk to Broadway, Fifth + Broadway, Printer's Alley, Bridgestone Arena, The Gulch, and more. See list for more recently done upgrades. Will not go FHA.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1926
- 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
- $495 / Month
Neighborhood Insights
Nashville Unified Schools
Buena Vista Elementary Enhanced Option
Grades PK-4 • 1.4 mi
4/10
John Early Paideia Middle Magnet
Grades 5-8 • 2.1 mi
3/10
Pearl Cohn Magnet High School
Grades 9-12 • 1.8 mi
2/10
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 | 744 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $315.0K | $339.9K |
| Price per sq ft | $423 | $344 |
| Built year | 1926 | 2007 |
| HOA | $495 | $329 |
| Days on market | 27 | 91 |
Pricing History
Listed for Sale
Aug 13, 2026
$315,000
Initial Listing