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500 Merritt Ave 312, Nashville, TN 37203

500 Merritt Ave 312, Nashville, TN 37203, Active at $515,000 ($615/sq ft). 1 bd · 1 ba · 837 sqft · $615/sqft · 0.02 ac.

Active · $515,000

1 bed1 bath837 sq ft$615 /sq ft0.02 acres

MLS #3510446 · listed August 11, 2026 · 34 days on market · updated August 16, 2026

1-bed, 1-bath condo at 500 Merritt Ave 312 in Maslow, Nashville, 837 sqft, $515,000 ($615/sqft), by Compass.

The quick read

500 Merritt Ave 312 is a 1-bedroom, 1-bath condo in Nashville, TN 37203, offered at $515,000, about $615/sq ft across 837 sq ft.

At $615/sq ft, this condo is priced in line with the Nashville 37203 list-price median of $609/sq ft.

Market read: the Nashville 37203 homes market is buyer-favored, at about 16.4 months of inventory.

All-in, about $3,745/mo at 20% down (7.17% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $957/mo, roughly 26% of the all-in monthly payment.

At the current 7.17% 30-year rate, principal and interest on this condo runs about $2,788/mo; at the 6.55% rate of about three months ago it would be roughly $2,618/mo, so monthly P&I is about $170 higher now.

Next step: ask Grant Hammond anything about 500 Merritt Ave 312 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 16, 2026. RealTracs via IDX.

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

Description of 500 Merritt Ave 312

This one-bedroom plus office condo puts you in the middle of one of Nashville's most creative and energetic neighborhoods, with the best of Wedgewood-Houston just outside your door. Inside, the space has a modern, elevated feel that makes you want to stay awhile. High-end finishes, beautiful natural light, and a thoughtfully designed interior give the condo a polished look while still feeling warm and livable. The open kitchen and living space are made for slow mornings, nights in, and spontaneous dinners with friends. The office/den adds valuable flexibility, use it as a home office, creative space, guest room, or whatever fits your life. The building itself feels equally considered, with a striking designer lobby, fitness center, and multiple outdoor spaces for enjoying a coffee, getting some fresh air, or gathering with friends. Waiting outside your door is Nashvilles most exciting Neighborhood. Walk out your door and you're minutes from Sushi Row, Iggy's, Ingrassia & Sons, and many more independent galleries, coffee shops, restaurants, and some of the neighborhood's best nightlife. Wedgewood-Houston has that rare combination of creative energy and neighborhood feel, and you get to experience it all without getting in your car. A deeded parking spot is included, which is a major bonus and a rare find in WeHo. Even better, the rental permit conveys with the sale, giving investors an opportunity to step into one of Nashville's most exciting neighborhoods with an important piece of the equation already in place.

Listing remarks via the RealTracs Internet Data Exchange.

Highlights

Built 2024

Full property details

Complete reported fields for 500 Merritt Ave 312 (reference).

MLS #3510446
StatusActive
Price$515,000
Price / sqft$615
Bedrooms1
Bathrooms1
Living area837 sqft
Lot size0.02 acres
Year built2024
All 28 property fields
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionFiber Cement
ParkingAssigned
Annual taxes$3,443
AppliancesDishwasher, Disposal, Dryer, Freezer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Interior featuresHigh Ceilings, Open Floorplan, Walk-In Closet(s)
Architectural styleContemporary
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
HOA dues$327 / mo
SubdivisionMaslow
CountyDavidson
ListedAugust 11, 2026
Days on market34
UpdatedAugust 16, 2026

Listing activity

DateEventPriceChange
Listed$515,000

Cost of ownership

Estimated monthly ownership for 500 Merritt Ave 312 at $515,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$515,000
HOA dues$327 / 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 500 Merritt Ave 312, Nashville

Estimated total monthly payment for 500 Merritt Ave 312 is about $3,745/mo, 20% down on a 30-year fixed at 7.17% (a conforming loan), including principal & interest $2,788, estimated property tax $302, homeowners insurance $328, and HOA dues $327. Estimate only; not a loan offer.

Principal & interest$2,788/mo
Property tax (est.)$302/mo
Homeowners insurance (est.)$328/mo
HOA dues$327/mo
Estimated total$3,745/mo

Assumes 20% down, 30-year fixed at 7.17% (Mortgage News Daily, as of September 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
6.17%$2,515/mo$3,472/mo-$273/mo
6.67%$2,650/mo$3,607/mo-$138/mo
7.17%$2,788/mo$3,745/mocurrent
7.67%$2,929/mo$3,886/mo+$141/mo
8.17%$3,072/mo$4,029/mo+$284/mo

Principal & interest on a 30-year fixed at 20% down ($412,000 loan), with property tax, insurance, and HOA held constant at $957/mo. Current 30-year fixed 7.17% (Mortgage News Daily, as of September 22, 2026). Estimate only; not a loan offer.

Buy versus rent, 500 Merritt Ave 312

Owning 500 Merritt Ave 312 runs about $3,745/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$327 / mo (about 9% of the estimated total payment)
HOA per year$3,924
HOA over 5 years$19,620 (at current dues)
Effective carrying cost$4.458 / sq ft / mo (estimated total over 837 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 500 Merritt Ave 312 compares in Nashville 37203

MetricThis condoNashville 37203 activeRecently sold
Price / sq ft$615$609 median-
Price position51st pctile+1% vs median-
Nashville 37203 vs greater Nashville-+82%-

This listing beside the active Nashville 37203 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 13, 2026.

How this condo compares in Nashville 37203

Among the active condos in Nashville 37203, this condo at $615/sq ft falls in the 51st percentile on price per square foot.

Nashville 37203 trades about 82% above greater Nashville on a price-per-square-foot basis.

Taken together, this condo reads in line with Nashville 37203 on a per-square-foot basis.

Computed by Grant Hammond from the active Nashville 37203 comparables (RealTracs via IDX), as of September 13, 2026, refreshed weekly.

Competition & market pace

Active listings30 in Nashville 37203 homes
Recent absorptionabout 1.8 sales / mo
Months of inventory16.4 months, a buyer-favored market (ample supply)

Supply-side and recent-sale context for Nashville 37203 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37203 homes closings. Source RealTracs via IDX, as of September 12, 2026.

Location & neighborhood

500 Merritt Ave 312 sits in Maslow, Nashville, Davidson County.

Nashville 37203 market snapshot

In Nashville 37203, homes there are priced around $609 per square foot; inventory in Nashville 37203 homes is running at about 16.4 months, a buyer-favored market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 13, 2026.

Approximately 1.8 miles from downtown Nashville (straight-line distance).

Assigned schools

500 Merritt Ave 312 is zoned for Fall-Hamilton Elementary, Cameron College Preparatory, Glencliff High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

Middle
Cameron College Preparatory

Ask Grant about 500 Merritt Ave 312

Get the full details, recent comparable sales, and any off-market options for 500 Merritt Ave 312 - 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 with Compass. 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.

Nashville real estate insights

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Popular searches in Nashville

Frequently asked questions about 500 Merritt Ave 312

Is 500 Merritt Ave 312, Nashville still for sale?

As of the latest update (August 16, 2026), 500 Merritt Ave 312, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 500 Merritt Ave 312, Nashville cost?

500 Merritt Ave 312, Nashville is listed at $515,000, about $615 per square foot across 837 square feet.

How many bedrooms and bathrooms does 500 Merritt Ave 312, Nashville have?

1 bedroom and 1 bathroom.

What is the price per square foot?

About $615 per square foot ($515,000 across 837 sqft).

When was 500 Merritt Ave 312, Nashville built?

500 Merritt Ave 312, Nashville was built in 2024.

Does 500 Merritt Ave 312, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $327 per month, as listed.

What subdivision is 500 Merritt Ave 312, Nashville in?

500 Merritt Ave 312, Nashville is in the Maslow subdivision of Nashville.

What is the estimated monthly payment for 500 Merritt Ave 312, Nashville?

About $3,745 a month with 20% down on a 30-year fixed at 7.17%, principal and interest $2,788, estimated property tax $302, insurance $328, and HOA $327. 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 500 Merritt Ave 312, Nashville zoned for?

500 Merritt Ave 312, Nashville is zoned for Fall-Hamilton Elementary, Cameron College Preparatory, Glencliff High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 500 Merritt Ave 312, Nashville?

HOA dues are $327 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 500 Merritt Ave 312, Nashville priced versus the building?

At $615 per square foot, 500 Merritt Ave 312, Nashville is in the 51st percentile of active listings in the Nashville 37203, about 1% above the $609 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 500 Merritt Ave 312, 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 500 Merritt Ave 312, 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 500 Merritt Ave 312, 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 500 Merritt Ave 312, Nashville?

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

How is 500 Merritt Ave 312, Nashville priced compared to the market?

At about $615 per square foot, 500 Merritt Ave 312, Nashville ranks in the 51st percentile of active Nashville 37203 listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37203 homes market favoring buyers or sellers?

The Nashville 37203 homes market is currently buyer-favored (ample supply), at about 16.4 months of inventory, per RealTracs as of September 12, 2026.

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