
Nashville, TN 37208
This Historic Germantown Condominium represents a Strong Value Opportunity, listed at $359,999—positioned slightly above the $357,320 Fair Market Value. While the property lacks an equity gap, its Condition Rating of 3 and prime location in the boutique Boiler Building offer long-term stability. Featuring exposed architectural details, original-style wood flooring, and access to two saltwater pools, this home provides a high-demand urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors seeking a turnkey rental or Owner-Occupants desiring a walkable Nashville pied-à-terre.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 704 Taylor St 202 Subject 1 bd · 1 ba · 672 sqft · $532 | $359,999* List Price | 1 | 1 | 672 | $532 | - |
A 1325 5th Ave N 25 Sold 1 bd · 1 ba · 660 sqft · $576 · 0.1 mi | $380,000 | 1 | 1 | 660 | $576 | 0.1 mi |
B 1221 4th Ave N Sold 1 bd · 1 ba · 769 sqft · $579 · 0.3 mi | $445,000 | 1 | 1 | 769 | $579 | 0.3 mi |
C 1201 5th Ave N 203 Sold 1 bd · 1 ba · 720 sqft · $597 · 0.3 mi | $430,000 | 1 | 1 | 720 | $597 | 0.3 mi |
D 1125 10th Ave N 210 Sold 1 bd · 1 ba · 784 sqft · $427 · 0.4 mi | $335,000 | 1 | 1 | 784 | $427 | 0.4 mi |
E 1125 10th Ave N 211 Sold 1 bd · 1 ba · 784 sqft · $440 · 0.3 mi | $345,000 | 1 | 1 | 784 | $440 | 0.3 mi |
F 1350 Rosa L Parks Blvd 347 Active 1 bd · 1 ba · 675 sqft · $570 · 0.1 mi | $385,000 List Price | 1 | 1 | 675 | $570 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, the property is approximately 13 years old, placing it squarely in the 10-20 year bracket. The images show a well-maintained, move-in ready loft with functional systems, exposed brick, and intact wood flooring.
Situated in the heart of Germantown, the property offers exceptional walkability to Nashville's premier restaurants, coffee shops, and the Farmers' Market, ensuring a high-demand lifestyle for residents.
Located in the boutique Boiler Building, this home features unique exposed architectural details and original-style wood flooring, providing a distinct aesthetic that stands out from standard modern builds.
The property includes access to premium community features such as two saltwater pools, a fitness center, yoga studio, and secure covered garage parking, which are rare and highly valued for a one-bedroom unit.
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 = 718.
With 173 days on the market, the property may face challenges regarding buyer perception or pricing alignment relative to current market conditions.
At 672 square feet, the compact layout may be a drawback for buyers seeking more spacious living areas or dedicated home office space.
Authentic Nashville loft living in one of Germantown’s most distinctive historic buildings. Located in the intimate Boiler Building at Werthan Lofts, this one-bedroom residence blends original architectural character with an effortless urban lifestyle just minutes from Downtown Nashville. Soaring ceilings, exposed architectural details, warm wood flooring and an open, efficient floor plan give this home the unmistakable character buyers seek in a true converted historic loft. The Boiler Building offers a more boutique setting within the Werthan community—a rare opportunity for buyers who appreciate history, personality and a sense of place. A gated Taylor Street entrance provides convenient access to the heart of Germantown, while covered garage parking and notably low HOA fees add to the everyday ease and value. Step outside and enjoy one of Nashville’s most walkable neighborhoods, surrounded by acclaimed restaurants, coffee shops, neighborhood parks and local favorites. The Nashville Farmers’ Market, Bicentennial Capitol Park, First Horizon Park, the Greenway and Downtown Nashville are all close by. Even more exciting, Werthan is conveniently positioned near the planned pedestrian bridge connecting Germantown across the Cumberland River to River North and the future Oracle world headquarters—placing this historic neighborhood alongside one of Nashville’s most significant emerging development corridors. Werthan Lofts offers an exceptional collection of amenities, including two saltwater pools, fitness center, yoga studio, bocce court, landscaped courtyards, grilling and gathering areas, dog parks and gated access. Whether you’re looking for a full-time Nashville residence, a stylish pied-à-terre or an investment in one of the city’s most established urban neighborhoods, this Boiler Building loft delivers something increasingly difficult to replicate: authentic historic character, low carrying costs, remarkable convenience and the Germantown lifestyle steps away
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 672 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $360.0K | $347.6K |
| Price per sq ft | $536 | $343 |
| Built year | 2013 | 2007 |
| HOA | $275 | $334 |
| Days on market | 201 | 92 |
Apr 6, 2026
$359,999
Initial Listing