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231 Rep John Lewis Way N 403, Nashville, TN 37219

231 Rep John Lewis Way N 403, Nashville, TN 37219, Active at $575,000 ($486/sq ft). 2 bd · 2 ba · 1,184 sqft · $486/sqft · 0.02 ac.

Active · $575,000

2 beds2 baths1,184 sq ft$486 /sq ft0.02 acres

MLS #3320011 · listed August 2, 2026 · 84 days on market · updated September 15, 2026

2-bed, 2-bath condo at 231 Rep John Lewis Way N 403 in Kress Lofts, Nashville, 1,184 sqft, $575,000 ($486/sqft), by NextHome Music City Realty.

The quick read

231 Rep John Lewis Way N 403 is a 2-bedroom, 2-bath condo in Nashville, TN 37219, offered at $575,000, about $486/sq ft across 1,184 sq ft.

At $486/sq ft, this condo is about 15% below the Nashville 37219 median list price per square foot of $571.

Market read: the Nashville homes market is balanced as of October 23, 2026, at about 4.6 months of inventory.

All-in, about $4,239/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,085/mo, roughly 26% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this condo runs about $3,154/mo; at the 6.81% rate of about three months ago it would be roughly $3,002/mo, so monthly P&I is about $152 higher now.

Next step: ask Grant Hammond anything about 231 Rep John Lewis Way N 403 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 15, 2026. Realtracs via IDX.

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

Description of 231 Rep John Lewis Way N 403

Investment Opportunity--Don't miss this renovated 2-story 2BD 2BA Art Avenue Loft featuring a blend of historic charm and modern convenience! Original exposed brick walls, soaring 20-ft ceilings and Juliet balcony spiral staircase make this property truly unique. The building features a rooftop garden for residence to enjoy a serene escape, with stunning views of downtown Nashville. Located next to the historic Kress building and steps away from the newly renovated historic Arcade. Walkable to Bicentennial Mall Park, the Nashville Farmers Market and scenic Riverfront park. This prime location is at the pulse of downtown Music City offering unmatched access to Nashville's most famous attractions! Experience top-rated gourmet restaurants, 5th and Broadway shopping, Iconic music venues, and sports bars *Currently Tenant occupied until 10/1/26* Professional photos Coming Soon!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

1-car garageBuilt 1900Waterfront

Full property details

Complete reported fields for 231 Rep John Lewis Way N 403 (reference).

MLS #3320011
StatusActive
Price$575,000
Price / sqft$486
Bedrooms2
Bathrooms2
Living area1,184 sqft
Lot size0.02 acres
Year built1900
All 31 property fields
Garage spaces1
Stories1
HeatingCentral, Electric
CoolingYes
BasementOther, Yes
ConstructionBrick, Other
ParkingAssigned
Annual taxes$3,874
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
Interior featuresCeiling Fan(s), Entrance Foyer
Exterior featuresBalcony
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Available
Garage typeYes
HOA dues$402 / mo
SubdivisionKress Lofts
CountyDavidson
AmenitiesSewer, Trash, Water
ListedAugust 2, 2026
Days on market84
UpdatedSeptember 15, 2026

Listing activity

DateEventPriceChange
Listed$575,000
Deed recorded$445,000
Deed recorded$350,000
Deed recorded$318,450
Quitclaim deed$0

Listed August 2, 2026, this listing has been on the market 84 days as of October 25, 2026. The asking price has not changed since it was listed.

  • Listed at $575,000, about 29% above the last recorded sale ($445,000, January 4, 2018).
  • County assessment: $526,400 total appraised value (land $95,000 + improvements $431,400).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Assessment history

The Davidson County Assessor's appraised value of 231 Rep John Lewis Way N 403 by year: $248,800 in 2008 to $526,400 in 2025, a change of +112%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$95,000$431,400$0$526,400ROLL
2021$77,000$359,900$0$436,900ROLL
2017$65,000$295,000$0$360,000ROLL
2013$50,000$174,000$0$224,000ROLL
2009$50,000$198,100$0$248,100ROLL
2008$50,000$198,800$0$248,800PR

Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.

Cost of ownership

Estimated monthly ownership for 231 Rep John Lewis Way N 403 at $575,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$575,000
HOA dues$402 / 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 231 Rep John Lewis Way N 403, Nashville

Estimated total monthly payment for 231 Rep John Lewis Way N 403 is about $4,239/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $3,154, estimated property tax $337, homeowners insurance $346, and HOA dues $402. Estimate only; not a loan offer.

Principal & interest$3,154/mo
Property tax (est.)$337/mo
Homeowners insurance (est.)$346/mo
HOA dues$402/mo
Estimated total$4,239/mo
7.61%6.13%7.3%February 19, 2025October 22, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.30% (Mortgage News Daily, as of October 22, 2026).

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 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
6.30%$2,847/mo$3,932/mo-$307/mo
6.80%$2,999/mo$4,084/mo-$155/mo
7.30%$3,154/mo$4,239/mocurrent
7.80%$3,311/mo$4,396/mo+$157/mo
8.30%$3,472/mo$4,557/mo+$318/mo

Principal & interest on a 30-year fixed at 20% down ($460,000 loan), with property tax, insurance, and HOA held constant at $1,085/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.

Buy versus rent, 231 Rep John Lewis Way N 403

Owning 231 Rep John Lewis Way N 403 runs about $4,239/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$402 / mo (about 9% of the estimated total payment)
HOA per year$4,824
HOA over 5 years$24,120 (at current dues)
Effective carrying cost$3.58 / sq ft / mo (estimated total over 1,184 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.

Property-tax outlook

The Davidson County appraised value of $526,400 trails the $575,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,703 now to roughly $4,045 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.

How this condo is priced in its building

How 231 Rep John Lewis Way N 403 compares in Nashville 37219

MetricThis condoNashville 37219 activeRecently sold
Price / sq ft$486$567 median-
Price position14th pctile-14% vs median-
Nashville 37219 vs greater Nashville-+70%-

This listing beside the active Nashville 37219 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 26, 2026.

This listing beside the active Nashville 37219 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

How this condo compares in Nashville 37219

At $486/sq ft, this condo ranks in the 14th percentile of the 40 active condos in Nashville 37219 by price per square foot.

Nashville 37219 trades about 70% above greater Nashville on a price-per-square-foot basis.

Taken together, this condo reads toward the lower end per square foot for Nashville 37219.

Computed by Grant Hammond from 40 Nashville 37219 comparables (Realtracs via IDX), as of October 26, 2026, refreshed weekly.

Competition & market pace

Active listings1773 in Nashville homes
Recent absorptionabout 385.4 sales / mo
Months of inventory4.6 months, a balanced market

Supply-side and recent-sale context for Nashville homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville homes closings. Source Realtracs via IDX, as of October 23, 2026.

Location & neighborhood

231 Rep John Lewis Way N 403 sits in Kress Lofts, Nashville, Davidson County.

Nashville 37219 market snapshot

In Nashville 37219, homes there are priced around $571 per square foot; inventory in Nashville homes is running at about 4.6 months, a balanced market.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

Approximately 0.1 miles from downtown Nashville (straight-line distance).

Assigned schools

231 Rep John Lewis Way N 403 is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

Elementary
Jones Paideia Magnet
Middle
John Early Paideia Magnet

Ask Grant about 231 Rep John Lewis Way N 403

Get the full details, recent comparable sales, and any off-market options for 231 Rep John Lewis Way N 403 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

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Listed by Alexa Bass, NextHome Music City Realty. 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 231 Rep John Lewis Way N 403

Is 231 Rep John Lewis Way N 403, Nashville still for sale?

As of the latest update (September 15, 2026), 231 Rep John Lewis Way N 403, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 231 Rep John Lewis Way N 403 been on the market?

231 Rep John Lewis Way N 403 was listed on August 2, 2026 and has been on the market 84 days as of October 25, 2026, per Realtracs.

Has the price of 231 Rep John Lewis Way N 403 changed?

No. The asking price has been $575,000 since it was listed on August 2, 2026.

How much does 231 Rep John Lewis Way N 403, Nashville cost?

231 Rep John Lewis Way N 403, Nashville is listed at $575,000, about $486 per square foot across 1,184 square feet.

How many bedrooms and bathrooms does 231 Rep John Lewis Way N 403, Nashville have?

2 bedrooms and 2 bathrooms.

What is the price per square foot?

About $486 per square foot ($575,000 across 1,184 sqft).

When was 231 Rep John Lewis Way N 403, Nashville built?

231 Rep John Lewis Way N 403, Nashville was built in 1900.

Does 231 Rep John Lewis Way N 403, Nashville have a garage?

Yes, 1 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $402 per month, as listed.

What subdivision is 231 Rep John Lewis Way N 403, Nashville in?

231 Rep John Lewis Way N 403, Nashville is in the Kress Lofts subdivision of Nashville.

What is the estimated monthly payment for 231 Rep John Lewis Way N 403, Nashville?

About $4,239 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $3,154, estimated property tax $337, insurance $346, and HOA $402. 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 231 Rep John Lewis Way N 403, Nashville zoned for?

231 Rep John Lewis Way N 403, Nashville is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 231 Rep John Lewis Way N 403, Nashville?

HOA dues are $402 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 231 Rep John Lewis Way N 403, Nashville priced versus the building?

At $486 per square foot, 231 Rep John Lewis Way N 403, Nashville is in the 14th percentile of active listings in the Nashville 37219, about 15% below the $571 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 231 Rep John Lewis Way N 403, 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 231 Rep John Lewis Way N 403, 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 231 Rep John Lewis Way N 403, 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 231 Rep John Lewis Way N 403, 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 231 Rep John Lewis Way N 403, Nashville priced compared to the market?

At about $486 per square foot, 231 Rep John Lewis Way N 403, Nashville ranks in the 14th percentile of active Nashville 37219 listings by price per square foot, roughly 15% below the Nashville 37219 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville homes market favoring buyers or sellers?

The Nashville homes market is currently balanced, at about 4.6 months of inventory, per Realtracs as of October 23, 2026.

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