601 Madison St 304, Nashville, TN 37208
601 Madison St 304, Nashville, TN 37208, Active at $849,000 ($664/sq ft). 2 bd · 2 ba · 1,279 sqft · $664/sqft · 0.02 ac.
601 Madison St 304, Nashville, TN 37208, Active at $849,000 ($664/sq ft). 2 bd · 2 ba · 1,279 sqft · $664/sqft · 0.02 ac.
Active · $849,000
MLS #3611340 · listed September 11, 2026 · 54 days on market · updated October 7, 2026
2-bed, 2-bath home at 601 Madison St 304 in Elliott School, Nashville, 1,279 sqft, $849,000 ($664/sqft), by Compass RE.
601 Madison St 304 is a 2-bedroom, 2-bath home in Nashville, TN 37208, offered at $849,000, about $664/sq ft across 1,279 sq ft.
Recently sold in Nashville 37208: 33 comparable homes from $555,000 to $905,000, a median of $296/sq ft.
Market read: the Nashville 37208 homes market is buyer-favored, at about 9.1 months of inventory; recent sales have closed near 97.9% of list over the past year.
All-in, about $6,200/mo at 20% down (7.30% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,544/mo, roughly 25% of the all-in monthly payment.
At the current 7.30% 30-year rate, principal and interest on this home runs about $4,656/mo; at the 6.75% rate of about three months ago it would be roughly $4,405/mo, so monthly P&I is about $251 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 304 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 7, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
**RARE ELLIOTT SCHOOL CONDO | LUXURY LIVING IN WALKABLE GERMANTOWN** One-of-a-kind opportunity to own a two-bedroom, two-bath residence in the beautifully restored historic Elliott School House, perfectly positioned in the heart of Germantown. Built in 1916, this exceptional adaptive-reuse property blends Nashville history and architectural character with sophisticated modern living. What truly sets this residence apart is its unique location within the building, **no neighbors above or below**, with the home situated directly over the main entrance. Inside, original glazed brick and plaster walls complement historical hardwood floors, bespoke cabinetry, designer fixtures and motorized shades throughout. The open-concept living space is anchored by a beautifully appointed chef's kitchen featuring quartz countertops and premium appliances, flowing seamlessly into the living and dining areas. Both bedrooms offer privacy and comfort, while the beautifully finished baths feature porcelain tile and a herringbone-accented shower wall. Enjoy the ease of **reserved parking** along with exceptional community amenities, including a private fitness center, library lounge, gated gardens, multiple outdoor gathering spaces and a spectacular rooftop terrace and lounge with panoramic Nashville skyline views. And then there is the location, **steps from the best of Germantown.** Walk to acclaimed restaurants, breweries, Monell's, neighborhood parks, the Oracle World Headquarters, Neuhoff District and Sounds games, with downtown Nashville just steps away. This is luxury living with a truly walkable lifestyle, all within a piece of Nashville history. Come experience the rare combination of historic character, modern luxury and an unbeatable Germantown location that makes Elliott School such a special place to call home.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 601 Madison St 304 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $849,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $799,000 | ||
| Quitclaim deed | $0 |
Listed September 11, 2026, this listing has been on the market 54 days as of November 4, 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.
Estimated monthly ownership for 601 Madison St 304 at $849,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $849,000 |
|---|---|
| HOA dues | $613 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 601 Madison St 304 is about $6,200/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,656, estimated property tax $498, homeowners insurance $433, and HOA dues $613. Estimate only; not a loan offer.
| Principal & interest | $4,656/mo |
|---|---|
| Property tax (est.) | $498/mo |
| Homeowners insurance (est.) | $433/mo |
| HOA dues | $613/mo |
| Estimated total | $6,200/mo |
Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of November 3, 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 |
|---|---|---|---|
| 6.30% | $4,204/mo | $5,748/mo | -$452/mo |
| 6.80% | $4,428/mo | $5,972/mo | -$228/mo |
| 7.30% | $4,656/mo | $6,200/mo | current |
| 7.80% | $4,889/mo | $6,433/mo | +$233/mo |
| 8.30% | $5,126/mo | $6,670/mo | +$470/mo |
Principal & interest on a 30-year fixed at 20% down ($679,200 loan), with property tax, insurance, and HOA held constant at $1,544/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of November 3, 2026). Estimate only; not a loan offer.
Owning 601 Madison St 304 runs about $6,200/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 | $664 | $329 median | $296 median |
| Price position | 91st pctile | +102% vs median | ~97.9% of list |
| Recent closings | - | - | 33 sales |
This listing beside the active Nashville 37208 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
At $664/sq ft, this home ranks in the 91st 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 4, 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 | 109 in Nashville 37208 homes |
|---|---|
| Recent absorption | about 12 sales / mo |
| Months of inventory | 9.1 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37208 homes sold at about 97.9% of list price.
Recorded sales in Nashville 37208 homes: 161 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 September 28, 2026.
601 Madison St 304 sits in Elliott School, Nashville, Davidson County.
In Nashville 37208, homes there are priced around $323 per square foot; inventory in Nashville 37208 homes is running at about 9.1 months, a buyer-favored market; recent sales closed near 97.9% of list price; 33 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.
Approximately 0.9 miles from downtown Nashville (straight-line distance).
601 Madison St 304 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 304 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 601 Madison St 304, by price and size.
Listed with Compass RE. 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 (October 7, 2026), 601 Madison St 304, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
601 Madison St 304 was listed on September 11, 2026 and has been on the market 54 days as of November 4, 2026, per Realtracs.
No. The asking price has been $849,000 since it was listed on September 11, 2026.
601 Madison St 304, Nashville is listed at $849,000, about $664 per square foot across 1,279 square feet.
2 bedrooms and 2 bathrooms.
About $664 per square foot ($849,000 across 1,279 sqft).
601 Madison St 304, Nashville was built in 1916.
No garage is reported in the listing.
HOA dues are $613 per month, as listed.
601 Madison St 304, Nashville is in the Elliott School subdivision of Nashville.
About $6,200 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,656, estimated property tax $498, insurance $433, and HOA $613. 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 304, 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 304, 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 $664 per square foot, 601 Madison St 304, Nashville ranks in the 91st percentile of active Nashville 37208 listings by price per square foot, roughly 106% above the Nashville 37208 median; recent comparable sales in Nashville 37208 closed near $296 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 9.1 months of inventory; recent sales have closed near 97.9% of list price over the past year, per Realtracs as of September 28, 2026.
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