601 Madison St 102, Nashville, TN 37208
601 Madison St 102, Nashville, TN 37208, Active at $539,000 ($547/sq ft). 2 bd · 1 ba · 985 sqft · $547/sqft · 0.02 ac.
601 Madison St 102, Nashville, TN 37208, Active at $539,000 ($547/sq ft). 2 bd · 1 ba · 985 sqft · $547/sqft · 0.02 ac.
Active · $539,000
MLS #3602153 · listed September 28, 2026 · 36 days on market · updated September 28, 2026
2-bed, 1-bath home at 601 Madison St 102 in Elliott School, Nashville, 985 sqft, $539,000 ($547/sqft), by Compass.
601 Madison St 102 is a 2-bedroom, 1-bath home in Nashville, TN 37208, offered at $539,000, about $547/sq ft across 985 sq ft.
At $547/sq ft, this home is about 66% above the Nashville 37208 median list price per square foot of $330.
Recently sold in Nashville 37208: 84 comparable homes from $351,000 to $689,900, a median of $285/sq ft.
Market read: the Nashville 37208 homes market is buyer-favored as of October 28, 2026, at about 9.4 months of inventory; recent sales have closed near 98.2% of list in the 12 months to October 29, 2026.
All-in, about $3,937/mo at 20% down (7.35% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $966/mo, roughly 25% of the all-in monthly payment.
At the current 7.35% 30-year rate, principal and interest on this home runs about $2,971/mo; at the 6.77% rate of about three months ago it would be roughly $2,802/mo, so monthly P&I is about $169 higher now.
School zone: assigned to Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 601 Madison St 102 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 28, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Welcome to the iconic Elliott School Building, a beautifully restored historic landmark nestled in the heart of Germantown, one of Nashville's most vibrant and desirable neighborhoods. This charming 2-bedroom, 1-bath residence seamlessly combines timeless architectural character with modern-day comfort and convenience. A spacious flex room adds exceptional versatility, making the perfect home office, guest room, nursery, or potential second bedroom. Inside, you'll find abundant natural light, thoughtful finishes, and a warm, inviting atmosphere that feels both stylish and comfortable. Step outside and enjoy one of Nashville's most walkable communities, with acclaimed restaurants, local boutiques, First Horizon Park, the Nashville Farmers' Market, and Downtown just moments away. Residents of Elliott School enjoy an impressive collection of amenities, including a fitness center, rooftop lounge with indoor and outdoor kitchens, breathtaking skyline views, outdoor grilling areas, and a welcoming fire pit for gathering with friends and neighbors. Adding even more value, this unit includes a private storage space, a rare and highly sought-after feature within the building, perfect for bikes, seasonal items, or additional storage needs. Rich in history, full of character, and surrounded by the best of urban living, this is a unique opportunity to own a piece of Nashville's past while enjoying all the conveniences of today.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 601 Madison St 102 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $539,000 | ||
| Deed recorded | $441,500 | ||
| Quitclaim deed | $0 |
Listed September 28, 2026, this listing has been on the market 36 days as of November 3, 2026. The asking price has not changed since it was listed.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
601 Madison St 102 has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Listed for sale | $539,000 | Realtracs MLS #3602153 | |
| Listing removed | n/a | Realtracs MLS #3231127 | |
| Listed for sale | $545,000 | Realtracs MLS #3231127 | |
| Sold (public record) | $441,500 | Public record |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.
The Davidson County Assessor's appraised value of 601 Madison St 102 by year: $402,400 in 2022 to $595,100 in 2025, a change of +48%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $121,000 | $474,100 | $0 | $595,100 | ROLL |
| 2022 | $120,000 | $282,400 | $0 | $402,400 | ROLL |
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.
Estimated monthly ownership for 601 Madison St 102 at $539,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $539,000 |
|---|---|
| HOA dues | $315 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 601 Madison St 102 is about $3,937/mo, 20% down on a 30-year fixed at 7.35% (a conforming loan), including principal & interest $2,971, estimated property tax $316, homeowners insurance $335, and HOA dues $315. Estimate only; not a loan offer.
| Principal & interest | $2,971/mo |
|---|---|
| Property tax (est.) | $316/mo |
| Homeowners insurance (est.) | $335/mo |
| HOA dues | $315/mo |
| Estimated total | $3,937/mo |
Assumes 20% down, 30-year fixed at 7.35% (Mortgage News Daily, as of October 28, 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.35% | $2,683/mo | $3,649/mo | -$288/mo |
| 6.85% | $2,825/mo | $3,791/mo | -$146/mo |
| 7.35% | $2,971/mo | $3,937/mo | current |
| 7.85% | $3,119/mo | $4,085/mo | +$148/mo |
| 8.35% | $3,270/mo | $4,236/mo | +$299/mo |
Principal & interest on a 30-year fixed at 20% down ($431,200 loan), with property tax, insurance, and HOA held constant at $966/mo. Current 30-year fixed 7.35% (Mortgage News Daily, as of October 28, 2026). Estimate only; not a loan offer.
Owning 601 Madison St 102 runs about $3,937/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.
| Metric | This home | Nashville 37208 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $547 | $328 median | $285 median |
| Price position | 86th pctile | +67% vs median | ~98.2% of list |
| Recent closings | - | - | 84 sales |
This listing beside the active Nashville 37208 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
At $547/sq ft, this home ranks in the 86th percentile of the 298 active homes in Nashville 37208 by price per square foot.
Computed by Grant Hammond from 298 Nashville 37208 comparables (Realtracs via IDX), as of November 3, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 114 in Nashville 37208 homes |
|---|---|
| Recent absorption | about 12.1 sales / mo |
| Months of inventory | 9.4 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37208 homes sold at about 98.2% of list price.
Recorded sales in Nashville 37208 homes: 185 in the past 12 months.
Supply-side and recent-sale context for Nashville 37208 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37208 homes closings. Source Realtracs via IDX, as of October 28, 2026.
601 Madison St 102 sits in Elliott School, Nashville, Davidson County.
In Nashville 37208, homes there are priced around $330 per square foot; inventory in Nashville 37208 homes is running at about 9.4 months, a buyer-favored market; recent sales closed near 98.2% of list price; 84 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 29, 2026.
Approximately 0.9 miles from downtown Nashville (straight-line distance).
601 Madison St 102 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.
Get the full details, recent comparable sales, and any off-market options for 601 Madison St 102 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 601 Madison St 102, by price and size.
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 housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (September 28, 2026), 601 Madison St 102, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
601 Madison St 102 was listed on September 28, 2026 and has been on the market 36 days as of November 3, 2026.
No. The asking price has been $539,000 since it was listed on September 28, 2026.
601 Madison St 102, Nashville is listed at $539,000, about $547 per square foot across 985 square feet.
2 bedrooms and 1 bathroom.
About $547 per square foot ($539,000 across 985 sqft).
601 Madison St 102, Nashville was built in 1916.
No garage is reported in the listing.
HOA dues are $315 per month, as listed.
601 Madison St 102, Nashville is in the Elliott School subdivision of Nashville.
About $3,937 a month with 20% down on a 30-year fixed at 7.35%, principal and interest $2,971, estimated property tax $316, insurance $335, and HOA $315. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
601 Madison St 102, 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.
No, 601 Madison St 102, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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.
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.
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.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $547 per square foot, 601 Madison St 102, Nashville ranks in the 84th percentile of active Nashville 37208 listings by price per square foot, roughly 66% above the Nashville 37208 median; recent comparable sales in Nashville 37208 closed near $285 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37208 homes market is currently buyer-favored (ample supply), at about 9.4 months of inventory; recent sales have closed near 98.2% of list price over the past year, per Realtracs as of October 28, 2026.
Thinking of selling in Elliott School?
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