601 Madison St, Nashville TN 37208
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 outs
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is offered at $553 per square foot, compared with a $290 median for active 2-bedroom homes in Nashville. Its asking price falls near the 77th percentile of that active group. The comparison uses 1,052 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 86 days, while the current cohort averages 56 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $662,500, and the median is $577 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1204 7th Ave, N | Jun 26, 2026 | 2 bd · 1,962 sqft | $1,090,000 | 0.1 mi |
| 1201 5th Ave, N | Jul 2, 2026 | 1 bd · 720 sqft | $430,000 | 0.1 mi |
| 1221 4th Ave, N | Aug 28, 2026 | 1 bd · 769 sqft | $445,000 | 0.2 mi |
| 1228 4th Ave, N | Aug 12, 2026 | 4 bd · 3,222 sqft | $2,100,000 | 0.2 mi |
| 1228 4th Avenue, N | Jul 31, 2026 | 3 bd · 2,255 sqft | $1,370,000 | 0.2 mi |
| 1325 5th Ave, N | Aug 14, 2026 | 1 bd · 660 sqft | $380,000 | 0.3 mi |
| 701 Taylor St | Sep 11, 2026 | 3 bd · 2,672 sqft | $880,000 | 0.3 mi |
| 1350 Rosa L Parks Blvd | Jul 1, 2026 | 1 bd · 743 sqft | $405,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $545,000 · Active
- $545,000 · Active
- $545,000 · Active
- $545,000 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester61.2 miles straight-line · roughly 109 driving minutes
- Downtown Manchester61.9 miles straight-line · roughly 111 driving minutes
- Downtown Tullahoma64.9 miles straight-line · roughly 116 driving minutes
- Arnold Air Force Base66.9 miles straight-line · roughly 119 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report