
Nashville, TN 37211
This Strong Value Opportunity is listed at $199,900, positioned slightly above the $185,033 Fair Market Value. While not a discount purchase, the property maintains a Condition Rating of 3, featuring recent cosmetic updates and new appliances that ensure a turnkey experience. With a low $125 association fee, this unit offers excellent overhead efficiency for rental portfolios. It is a stable, income-producing asset located near diverse school options, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Nashville market.
Property is move-in ready.
While the property was built in 1980, the interior shows signs of a recent cosmetic renovation (likely within the last 5 years) including new LVP flooring, fresh neutral paint, and updated trim. The listing confirms updated appliances and a well-maintained status, making it functional and move-in ready.
Priced under $200,000 in the Nashville market with a history of reliable tenants, this property serves as an excellent entry-level investment or a turnkey rental opportunity.
With an association fee of only $125 per month, the property offers exceptionally low carrying costs compared to similar condominiums in the area, maximizing net ROI.
The unit features updated appliances and has been meticulously maintained by current occupants, minimizing the need for immediate post-purchase renovations.
At just 768 square feet for a two-bedroom layout, the living spaces are relatively small, which may limit the property's appeal to buyers requiring more storage or spacious common areas.
While the elementary school is highly rated, the assigned middle and high schools have lower performance scores, which could impact long-term resale value for family-oriented buyers.
Make this beautiful condo home, or allow it to produce income for you. Appliances have been updated and tenants have kept the condo in great condition.
No exterior & parking available.
Grades PK-4 • 1.9 mi
Grades K-5 • 2.1 mi
Grades 5-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $199.9K | $339.9K |
| Price per sq ft | $260 | $344 |
| Built year | 1980 | 2007 |
| HOA | $125 | $329 |
| Days on market | 75 | 91 |
Jun 26, 2026
$199,900
Initial Listing