940 Gale Ln 101, Nashville, TN 37204, Nashville, 37204 - 2 bed, 3 bath
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Nashville, TN 37204
This Turnkey Townhouse is a Strong Value Opportunity, listed at $550,000—positioned well below the $581,851 Fair Market Value by 5%. This valuation gap offers $31,851 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes refinished hardwood floors, a renovated half-bath, and a private deck and patio. Located in the vibrant 12South neighborhood near Glendale Elementary (9/10), this property is an ideal fit for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Gale Ln 101 Subject | $550,000* List Price | 2 | 3 | 1,496 | $389 | - |
A 2310 Elliott Ave 513 Sold | $510,000 | 2 | 3 | 1,275 | $400 | 0.7 mi |
B 940 Gale Ln 129 Active | $425,000 List Price | 2 | 2 | 1,144 | $372 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1973, the property has undergone significant recent renovations including a modern kitchen with shaker cabinets and stone countertops, refinished hardwood floors, and fresh interior paint. The half bath is newly renovated and the water heater is new (2026). The primary bathroom appears functional but slightly more dated than the kitchen, placing the overall condition in the 'Good' category as a well-maintained, move-in ready home.
Elementary School: Glendale Elementary School (9/10).
The property is ideally located in the vibrant 12South neighborhood, offering residents immediate walking access to Sevier Park and a premier selection of local boutiques, dining, and fitness studios.
Featuring a rare separate den in addition to the two bedrooms, the layout provides exceptional flexibility for a dedicated home office, gym, or secondary living space, which is highly valued in the current market.
Originally constructed in 1973, the property may require more ongoing maintenance or future capital improvements compared to the newer construction common in the surrounding Nashville area.
With 60 days on the market, the listing is seeing a longer-than-average absorption period for this high-demand zip code, which may indicate the current price point is slightly ahead of buyer expectations.
This is your opportunity to live in the vibrant 12South neighborhood! This 2 bedroom townhome is just a short walk to Sevier Park and all of the shops, stores, fitness studios and restaurants in 12South. This townhome has an open floor plan featuring a rare separate den perfect for an office, workout room or another sitting area. Tons of versatility! This home boasts a lot of natural light throughout. Hardwood floors have just been refinished, and there is fresh paint throughout the interior. Half bath has been renovated. New water heater (2026). Refrigerator and washer/dryer stay! Buyers and Buyers agents to verify all information.
No exterior & parking available.
Grades PK-4 • 1.5 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,496 | - |
| Lot Size | 436 | - |
| Price | $550.0K | $354.0K |
| Price per sq ft | $368 | $243 |
| Built year | 1973 | 0 |
| HOA | $334 | $0 |
| Days on market | 65 | 187 |
May 5, 2026
$550,000
Initial Listing