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50 Music Sq W 423, Nashville, TN 37203

50 Music Sq W 423, Nashville, TN 37203, Active at $354,900 ($922/sq ft). 0 bd · 1 ba · 385 sqft · $922/sqft · 0.52 ac.

Active · $354,900

0 beds1 bath385 sq ft$922 /sq ft0.52 acres

MLS #3223130 · listed October 2, 2025 · 388 days on market · updated May 27, 2026

0-bed, 1-bath condo at 50 Music Sq W 423 in Motif, Nashville, 385 sqft, $354,900 ($922/sqft), by Alpha Residential.

The quick read

50 Music Sq W 423 is a 1-bath condo in Nashville, TN 37203, offered at $354,900, about $922/sq ft across 385 sq ft.

At $922/sq ft, this condo is about 10% above the Motif median list price per square foot of $839.

Recently sold in Motif: 11 comparable condos from $304,000 to $427,800, a median of $837/sq ft; this listing at $922/sq ft is about 10% above recent sold prices.

Market read: the Motif market is buyer-favored as of October 24, 2026, at about 18 months of inventory; recent sales have closed near 97.9% of list in the 12 months to October 25, 2026.

All-in, about $2,830/mo at 20% down (7.33% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $878/mo, roughly 31% of the all-in monthly payment.

At the current 7.33% 30-year rate, principal and interest on this condo runs about $1,952/mo; at the 6.81% rate of about three months ago it would be roughly $1,853/mo, so monthly P&I is about $99 higher now.

Next step: ask Grant Hammond anything about 50 Music Sq W 423 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of May 27, 2026. Realtracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 50 Music Sq W 423

Invest in the Heart of Nashville's Rhythm ~ Motif on Music Row! Welcome to Motif on Music Row, Nashville's newest luxury condo-hotel development, ideally positioned in one of the city's most iconic and high-demand districts. Designed for both lifestyle and investment, Motif offers 133 fully furnished units ranging from studios to 3-bedrooms, AND the flexibility of nightly rentals with NO STR PERMIT NEEDED, giving investors the rare opportunity to own income-producing property in the heart of Music City. Steps from Midtown, The Gulch, and Broadway, Motif delivers unmatched access to Nashville's top entertainment, dining, and live music venues - all while offering a turnkey investment experience! Investment Highlights: Own a fully furnished, income-generating condo-hotel unit ~ Premier Music Row Location - Walkable to world-class dining, nightlife, and live entertainment ~ Flexible Management - Bring your own manager or self-manage for effortless ownership ~ Strong nightly-rental demand - Nashville continues to rank among the top nightly-rental markets in the U.S. ~ Luxury Amenities - Luxury pool deck & amenity space, fitness center, yoga room, concierge services, on-site restaurant & retail (coming soon), dog spa and more! Whether you're expanding your investment/nightly rental property portfolio or seeking a high-performing 1031 exchange option, Motif on Music Row offers the perfect mix of location, luxury, and long-term return potential. Now accepting early reservations. More units available! Contact the sales team today to learn more about available floor plans, pricing, and projected returns!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

Cable TVElectricityBuilt 2023Fully furnishedTurnkeyPool

Full property details

Complete reported fields for 50 Music Sq W 423 (reference).

MLS #3223130
StatusActive
Price$354,900
Price / sqft$922
Bedrooms0
Bathrooms1
Living area385 sqft
Lot size0.52 acres
Year built2023
All 26 property fields
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionBrick, Frame
AppliancesDishwasher, Disposal, Dryer, OVEN, Range, Refrigerator, Stainless Steel Appliance(s), Washer
PoolIn Ground, Private
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
HOA dues$400 / mo
SubdivisionMotif
CountyDavidson
AmenitiesCable TV, Electricity, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
ListedOctober 2, 2025
Days on market388
UpdatedMay 27, 2026

Listing activity

DateEventPriceChange
Listed$354,900

Listed October 2, 2025, this listing has been on the market 388 days as of October 25, 2026. The asking price has not changed since it was listed.

Cost of ownership

Estimated monthly ownership for 50 Music Sq W 423 at $354,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$354,900
HOA dues$400 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 50 Music Sq W 423, Nashville

Estimated total monthly payment for 50 Music Sq W 423 is about $2,830/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $1,952, estimated property tax $208, homeowners insurance $270, and HOA dues $400. Estimate only; not a loan offer.

Principal & interest$1,952/mo
Property tax (est.)$208/mo
Homeowners insurance (est.)$270/mo
HOA dues$400/mo
Estimated total$2,830/mo
7.61%6.13%7.33%February 19, 2025October 23, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.33% (Mortgage News Daily, as of October 23, 2026).

Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 23, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.33%$1,763/mo$2,641/mo-$189/mo
6.83%$1,857/mo$2,735/mo-$95/mo
7.33%$1,952/mo$2,830/mocurrent
7.83%$2,050/mo$2,928/mo+$98/mo
8.33%$2,149/mo$3,027/mo+$197/mo

Principal & interest on a 30-year fixed at 20% down ($283,920 loan), with property tax, insurance, and HOA held constant at $878/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.

Buy versus rent, 50 Music Sq W 423

Owning 50 Music Sq W 423 runs about $2,830/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.

Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.

True cost of ownership, HOA included

HOA dues$400 / mo (about 14% of the estimated total payment)
HOA per year$4,800
HOA over 5 years$24,000 (at current dues)
Effective carrying cost$7.351 / sq ft / mo (estimated total over 385 sq ft)

HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.

How this condo is priced in its building

How 50 Music Sq W 423 compares in Motif

MetricThis condoMotif activeRecently sold
Price / sq ft$922$839 median-
Price position95th pctile+10% vs median-
Motif vs Nashville 37203 area-+40%-

This listing beside the active Motif market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 26, 2026.

This listing beside the active Motif market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.

How this condo compares in Motif

At $922/sq ft, this condo is among the highest-priced of the 20 active condos in Motif by price per square foot (95th percentile).

Motif trades about 40% above Nashville 37203 area on a price-per-square-foot basis.

Taken together, this condo reads toward the higher end per square foot for Motif.

Computed by Grant Hammond from 20 Motif comparables (Realtracs via IDX), as of October 26, 2026, refreshed weekly.

What units sell for in Motif, by size

Median closed price and price per square foot by unit size in Motif, from the last 24 months of recorded sales:

Unit sizeMedian soldMedian $/sq ftClosings
Studio$304,000$7905
1 BR$399,900$8475
2 BR$631,400$83810

Computed by Grant Hammond from recorded Motif closings, grouped by unit size (Realtracs via IDX).

Competition & market pace

Active listings18 in Motif
Recent absorptionabout 1 sales / mo
Months of inventory18 months, a buyer-favored market (ample supply)

Over the past 12 months, homes in Motif sold at about 97.9% of list price.

Recorded sales in Motif: 22 in the past 12 months.

Supply-side and recent-sale context for Motif. Sale figures are trailing 6/12/24-month medians of recorded Motif closings. Source Realtracs via IDX, as of October 24, 2026.

Location & neighborhood

50 Music Sq W 423 sits in Motif, Nashville, Davidson County.

Motif market snapshot

In Motif, homes there are priced around $839 per square foot; inventory is running at about 18 months, a buyer-favored market; recent sales closed near 97.9% of list price; 11 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.

Approximately 1.2 miles from downtown Nashville (straight-line distance).

Assigned schools

50 Music Sq W 423 is zoned for Eakin Elementary, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
Hillsboro Comp High School

Ask Grant about 50 Music Sq W 423

Get the full details, recent comparable sales, and any off-market options for 50 Music Sq W 423 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 50 Music Sq W 423, by price and size.

Listed by Alexis McNellie, Alpha Residential. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

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Popular searches in Nashville

Frequently asked questions about 50 Music Sq W 423

Is 50 Music Sq W 423, Nashville still for sale?

As of the latest update (May 27, 2026), 50 Music Sq W 423, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 50 Music Sq W 423 been on the market?

50 Music Sq W 423 was listed on October 2, 2025 and has been on the market 388 days as of October 25, 2026, per Realtracs.

Has the price of 50 Music Sq W 423 changed?

No. The asking price has been $354,900 since it was listed on October 2, 2025.

How much does 50 Music Sq W 423, Nashville cost?

50 Music Sq W 423, Nashville is listed at $354,900, about $922 per square foot across 385 square feet.

How many bedrooms and bathrooms does 50 Music Sq W 423, Nashville have?

0 bedrooms and 1 bathroom.

What is the price per square foot?

About $922 per square foot ($354,900 across 385 sqft).

When was 50 Music Sq W 423, Nashville built?

50 Music Sq W 423, Nashville was built in 2023.

Does 50 Music Sq W 423, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $400 per month, as listed.

What subdivision is 50 Music Sq W 423, Nashville in?

50 Music Sq W 423, Nashville is in the Motif subdivision of Nashville.

What is the estimated monthly payment for 50 Music Sq W 423, Nashville?

About $2,830 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $1,952, estimated property tax $208, insurance $270, and HOA $400. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 50 Music Sq W 423, Nashville zoned for?

50 Music Sq W 423, Nashville is zoned for Eakin Elementary, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 50 Music Sq W 423, Nashville?

HOA dues are $400 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 50 Music Sq W 423, Nashville priced versus the building?

At $922 per square foot, 50 Music Sq W 423, Nashville is in the 95th percentile of active listings in the Motif, about 10% above the $839 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 50 Music Sq W 423, Nashville?

Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.

How do I make an offer on 50 Music Sq W 423, Nashville?

Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Are more photos and details available for 50 Music Sq W 423, Nashville?

Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.

Who can tell me more about 50 Music Sq W 423, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.

How is 50 Music Sq W 423, Nashville priced compared to the market?

At about $922 per square foot, 50 Music Sq W 423, Nashville ranks in the 95th percentile of active Motif listings by price per square foot, roughly 10% above the Motif median; recent comparable sales in Motif closed near $837 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Motif market favoring buyers or sellers?

The Motif market is currently buyer-favored (ample supply), at about 18 months of inventory; recent sales have closed near 97.9% of list price over the past year, per Realtracs as of October 24, 2026.

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