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 $795,000. 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.
Welcome to “Space Cowboy” a Luxury NOO STR-Eligible condo. Walk to Downtown Nashville and experience modern urban living and powerful investment potential at Neo Nashville, Neo Nashville is a boutique luxury condominium community just 1 mile from Broadway and the heart of downtown Nashville. This top-floor, 2 bed / 2 bath condo (can sleep 7) at 245 Hermitage Ave #406 offers rare NOO STR (Non-Owner-Occupied Short-Term Rental) eligibility, making it ideal for investors, traveling professionals, and second-home owners seeking income opportunity in Nashville. Step inside to an open, sun-filled floor plan with floor-to-ceiling windows, wide-plank flooring, sleek modern finishes, designer lighting, and quartz countertops. Both bedroom suites feature private baths, offering flexibility for hosting guests or maximizing rental capacity. Relax in the skyline-view rooftop lounge, work out in the 24/7 fitness center, and enjoy the convenience of secure entry, elevator access, smart technology, open and covered parking. The condo is sold fully furnished — making this a seamless purchase for investors. Located minutes to SoBro, The Gulch, Nissan Stadium, Broadway, and Nashville’s best dining and entertainment, this home offers the perfect blend of lifestyle + revenue potential in one of Nashville’s most desirable and fast-growing districts. Seller is offering up to $15,000 toward towards Buyer’s closing cost, rate buydown, pre-paids. PLUS If Buyer uses the Seller's preferred lender, Buyer can get up to 1% lender credit (based on buyer's loan amount) towards closing cost or rate buy down. Motivated sellers, all reasonable offers considered! Coming possibly spring/summer 2026, the NEO community will unveil a host of resort-style amenities—plans includes a sparkling community pool, expansive rooftop with panoramic views of downtown, a chic outdoor bar and cabana lounge, a state-of-the-art fitness center, and a dedicated dog run.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 987 | 1,290 | 18% |
| Lot Size | 871 | 10,019 | 5% |
| Price | $795.0K | $380.0K | 98% |
| Price per sq ft | $805 | $296 | 98% |
| Built year | 2023 | 1951 | 95% |
| HOA | $450 | $0 | 98% |
| Days on market | 312 | 436 | 45% |
Jun 14, 2025
$795,000
Initial Listing