4 months on rocket

510 Gay St Unit 1009, Nashville, TN, 37219

$220,275

Home List Price

$2,616*

Closing Credit

1 Bedroom
1 Full Bath
594 SqFt
$371/SqFt
Condo

Location

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510 Gay St Unit 1009, Nashville$220,275

Buyer Closing Credits

$2,616*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1959
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #2690831
Lot Size0.02 Acres
StatusActive

About 510 Gay St Unit 1009

Own a piece of the vibrant Nashville lifestyle with this incredible 1-bedroom, 1-bath condo in the heart of Downtown Nashville! Perfectly positioned for professionals, couples, music lovers, or savvy investors, this condo offers the ultimate in-city living while doubling as an outstanding income-generating opportunity. Step outside your door and immerse yourself in the energy of Music City. Walk to iconic landmarks like the Ryman Auditorium, the Tennessee State Capitol, Broadway's world-famous entertainment strip, and the Country Music Hall of Fame. Cheer on your favorite teams at the Titans and Sounds stadiums, enjoy live performances at TPAC and Municipal Auditorium, or explore the Farmer’s Market and Bicentennial Mall for local flavors and greenery. Nashville’s best restaurants, trendy bars, and cultural attractions are all just steps away, making every day an adventure. Inside, the condo offers a cozy and functional layout, perfect for a low-maintenance lifestyle or as a prime rental property. With all utilities included in the HOA, budgeting is a breeze, whether you’re living here full-time or using it as a short- or long-term rental. The flexibility to rent opens the door to Airbnb or long-term leasing, making this an ideal choice for income-seeking investors or part-time residents. Close to Vanderbilt University and downtown’s buzzing music scene, this property is perfectly suited for students, traveling professionals, or anyone seeking a slice of Nashville’s dynamic lifestyle. With the unbeatable combination of location, affordability, and potential, this condo is a rare find at this price in the heart of Nashville. Vacant and easy to show, don’t miss your chance to experience the best of city living and capitalize on an exceptional investment opportunity. Schedule your tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 594 SqFt

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (615) 973-6363
  • Listing Agent: Dorothy Lee

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From 24, take James Robertson PKWY towards downtown,turn right on Fifth Avenue and then turn right on Gay St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,275
  • Price Per SqFt: $371/SqFt

HOA Fees:

  • Amount: $491
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Nashville, TN.

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Nashville, TN

City

Med. Sold Price

$531.2K

Med. Price/SqFt

$307

Avg. Days On Market

34

# of Sold Homes

461

510 Gay St Unit 1009 vs Nashville

131 DAYS ON ROCKET

+97 Days

$220,275

-$311K Less

$371/SqFt

+$63 More

KEY TAKEAWAY

This property is $311K less than the Median Sold Price and $63/SqFt more than other homes in Nashville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2690831

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (615) 973-6363
  • Listing Agent: Dorothy Lee

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:48:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$727

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-873084
3
/10

  • Ida B. Wells Elementary School

  • 244 Foster St

  • 1.12 miles

  • Public Magnet Grades PK-4

school-card-donut-873085
2
/10

  • Jones Paideia Elementary Magnet School

  • 1800 9th Ave N

  • 1.30 miles

  • Public Magnet Grades PK-4

school-card-donut-873086
4
/10

  • Warner Elementary School

  • 626 Russell St

  • 1.39 miles

  • Public Magnet Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,444. The most common annual income of people living in Nashville, TN is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Gay St Unit 1009

What is the listing price of this property?

The listing price of 510 Gay St Unit 1009 property is $220,275.

What type of property is this?

The property 510 Gay St Unit 1009 is a condo located in Nashville, Tennessee, 37219.

Is this property for sale now?

Active Listing: 510 Gay St Unit 1009 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 510 Gay St Unit 1009 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 510 Gay St Unit 1009 is 594 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Gay St Unit 1009 is 1959.

Rocket Homes›Tennessee›Davidson County›Nashville›37219›510 Gay St Unit 1009

This home is located at 510 Gay St Unit 1009 in Nashville, TN and zip code 37219 in the Downtown neighborhood. This 594 square foot home, which was built in 1959, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $220,275.

In November 2024, from all listings sold in Nashville, TN there were more than 62 sold above asking price, over 276 sold below and more than 119 were sold right at the asked price. The inventory of homes for sale in Nashville, TN between October 2024 and November 2024 increased by 2.3%. The median list price of listings available in November 2024 was $531,293, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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