245 Hermitage Ave 406, Nashville, TN 37210, Nashville, 37210 - 2 bed, 2 bath
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Nashville, TN 37210
Analysis of 245 Hermitage Ave 406, Nashville, TN 37210 is currently available with a list price of $699,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property was built in 2023 and is in pristine, like-new condition, meeting the highest standards for the 'excellent' category. The kitchen features modern dark cabinetry, quartz countertops, a stylish tile backsplash, and high-end stainless steel appliances. Throughout the unit, there are premium finishes including wide-plank flooring, designer lighting fixtures, and floor-to-ceiling windows. The bathrooms and bedrooms are updated with contemporary styles and unique custom built-ins, showing no signs of wear or deferred maintenance.
The property is NOO STR-eligible, a rare and highly sought-after designation in Nashville that allows for non-owner-occupied short-term rentals, maximizing revenue opportunities.
Sold fully furnished with modern luxury finishes and floor-to-ceiling windows, this top-floor unit offers a seamless, move-in-ready experience for investors or second-home owners.
The seller is offering up to $15,000 toward closing costs or rate buydowns, plus an additional 1% lender credit, significantly reducing the initial capital requirement for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 987, other record living area = 900.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 871, living area = 987.
Major resort-style amenities, including the pool and outdoor bar, are not projected for completion until 2026, which may impact immediate rental appeal and guest experience.
Unbelievable Price Improvement to $699,900!! Welcome to "Space Cowboy," a fully furnished luxury NOO STR (Non-Owner-Occupied Short-Term Rental) condo offering exceptional investment potential just 1 mile from Downtown Nashville and Broadway. Located in the boutique Neo Nashville community, this top-floor 2-bedroom, 2-bath residence comfortably sleeps up to 7 guests and is a rare turnkey short-term rental opportunity in one of Nashville's fastest-growing areas. The open-concept floor plan features floor-to-ceiling windows, abundant natural light, wide-plank flooring, quartz countertops, designer lighting, sleek modern finishes, and two spacious bedroom suites with private en-suite baths—an ideal layout for guests, vacation rentals, traveling professionals, or a luxury second home.Sold fully furnished, this move-in-ready condo is ready to generate income from day one. Community amenities include a rooftop sky lounge with panoramic Nashville skyline views, 24/7 fitness center, secure entry, elevator access, smart technology, and open and covered parking. Planned future enhancements include a resort-style pool, expanded rooftop entertainment space with bar and cabanas, and a dedicated dog run.Enjoy unbeatable access to Broadway, SoBro, The Gulch, Nissan Stadium, Ascend Amphitheater, Music City Center, Germantown, and Nashville's renowned dining, entertainment, and live music.Whether you're looking for a NOO STR investment, Airbnb opportunity, vacation rental, or a luxury Downtown Nashville getaway, this property offers the perfect blend of location, lifestyle, and income potential. Buyer incentive: Use the Seller's preferred lender and receive up to 1% lender credit (based on loan amount) toward closing costs or an interest rate buy-down. Motivated sellers—bring all reasonable offers! Proforma available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 987 | - |
| Lot Size | 871 | - |
| Price | $699.9K | $556.8K |
| Price per sq ft | $709 | $306 |
| Built year | 2023 | 0 |
| HOA | $450 | $0 |
| Days on market | 403 | 484 |
Jul 11, 2026
$699,900
$725,000
-3% Price Drop
Initial Listing
Jun 26, 2026
$725,000
$795,000
-9% Price Drop
Initial Listing
Jun 14, 2025
$795,000
Initial Listing