808 1st Ave, N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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808 1st Ave
N, Nashville, TN 37201
ACTIVE
CONDITION: POOR
1Beds
1Baths
630Sq Ft
436Lot Size
Property Price
LIST PRICE$335,000
EST. MARKET VALUE
$350,420
4% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $335,000—positioned well below the $350,420 Fair Market Value by 4%. This valuation gap offers $15,420 in Instant Equity for buyers. With a Condition Rating of 5, the unit requires bathroom remodeling and floor leveling, making it a prime Value-Add Asset. Featuring a panoramic riverfront view and community amenities, this is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-demand downtown Nashville location.
Estimated Market Value
$350,420+$15,420 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in N.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 808 1st Ave Subject 1 bd · 1 ba · 630 sqft · $556 | $335,000* List Price | 1 | 1 | 630 | $556 | - |
A 768 1st Ave N Active 1 bd · 1 ba · 630 sqft · $667 · 0.0 mi | $420,000 List Price | 1 | 1 | 630 | $667 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1986 (>30 years old) and explicitly marketed as a rehab project. The listing notes the bathroom needs remodeling and floors require leveling, which indicates potential structural or subfloor defects. While it has a new water heater, the 'as-is' status and need for a full renovation align with the poor condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Riverfront Location
The property offers exceptional views of the river and local wildlife from a private covered deck, providing a unique and scenic living experience in downtown Nashville.
- Short-Term Rental Potential
Marketed as a prime rehab opportunity for a short-term rental, this unit presents significant income-generating potential for investors in a high-demand tourism area.
- Accessibility and Convenience
This ground-floor unit features covered parking directly in front of the entrance and includes access to community amenities such as a swimming pool and workout room.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 842.
- Significant Structural and Cosmetic Repairs
The unit requires substantial investment for bathroom remodeling and floor leveling, which may indicate underlying issues or high renovation costs.
- As-Is Estate Sale
Sold in 'as-is' condition to settle an estate, the property offers no seller warranties or concessions, placing the full burden of repairs and updates on the buyer.
About 808 1st Ave
Great opportunity to rehab a short term rental. Bathroom needs remodeling and floors need leveling. Ground floor unit with covered parking right in front of front door. Selling "AS IS" to settle an estate. One bedroom, one bath condo on riverfront. Great views of river and wildlife. Watch the boats and barges go by while sitting on covered deck. Brand New water heater. Workout room, laundry and swimming pool included.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $394 / 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 | 630 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $335.0K | $347.6K |
| Price per sq ft | $532 | $343 |
| Built year | 1986 | 2007 |
| HOA | $394 | $334 |
| Days on market | 4 | 92 |
Pricing History
Listed for Sale
Oct 20, 2026
$335,000
Initial Listing