301 Demonbreun St 1120, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
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Nashville, TN 37201
This High-Income Urban Asset is listed at $849,900, positioned relative to a $792,001 Fair Market Value. The price reflects a premium for the rare, transferable rental permit—a high-value asset that typically requires a 4-year waitlist. Boasting a Good Condition Rating, the unit generates $4,500 monthly and features Downtown Nashville Views, a private patio, and a resort-style pool. With an 89 walkability score near Broadway, the property offsets lower ratings at Buena Vista Elementary with exceptional rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 Demonbreun St 1120 Subject | $849,900* List Price | 2 | 2 | 1,089 | $727 | - |
A 301 Demonbreun St 1114 Sold | $830,000 | 2 | 2 | 1,184 | $701 | 0.0 mi |
B 301 Demonbreun St 914 Sold | $847,525 | 2 | 2 | 1,184 | $716 | 0.0 mi |
C 301 Demonbreun St 1216 Active | $865,000 List Price | 2 | 2 | 1,080 | $801 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age bracket for a 'good' rating. The condo is move-in ready and features a well-maintained, modern kitchen with updated stainless steel appliances, stone countertops, and contemporary cabinetry. While the bathroom vanities reflect the original construction style, they remain functional and in good condition. Overall, the unit shows minimal wear and tear with high-quality finishes and well-kept common amenities.
The property includes a rare rental permit that typically takes 3-4 years to obtain and is currently generating $4,500 per month in rental income, offering immediate cash flow.
Boasting an 89 walkability score, the unit is steps from Broadway, Nissan Stadium, and Bridgestone Arena, placing it in the heart of Nashville's premier entertainment district.
Priced $25,000 below a recent appraisal, this condo provides buyers with immediate equity and a strong value proposition in a high-demand market.
The monthly HOA fee of $806 is substantial for a 1,089-square-foot unit, which increases the ongoing carrying costs and may impact net investment returns.
The assigned public schools are rated poorly (ranging from 2 to 4), which could deter long-term owner-occupant families and limit the secondary resale market.
ASK ABOUT RENTAL PERMIT!!! Typically takes 3–4 years to obtain. Priced $25,000 below recent appraisal, instant equity from day one! Welcome to this stunning 2-bedroom condo with a rental permit, offering a rare opportunity for both investors and homeowners. Currently rented for $4,500/month, this property delivers strong income potential while also serving as a beautiful place to call home. Step out onto your private balcony and take in sweeping views of Downtown Nashville. The spacious primary suite features a luxurious en-suite bath with double vanities, a separate soaking tub, and walk-in shower, creating a true retreat. The second bedroom connects to a shared bathroom, making it ideal for guests, roommates, or additional flexibility. The kitchen is thoughtfully designed and includes a pantry for added storage. Residents enjoy 24-hour concierge service in a pet-friendly community complete with a security system, pool, and fitness center. Unbeatable location just 2 minutes to Broadway, 1 minute to the Pedestrian Bridge to Nissan Stadium, and a short walk to Bridgestone Arena, restaurants, and nightlife. With an impressive 89 walkability score and the highly anticipated East Bank Development on the horizon, this is a prime opportunity to own in the heart of Downtown Nashville.
No exterior & parking available.
Grades PK-4 • 1.9 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,089 | 1,049 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $849.9K | $848.7K | 50% |
| Price per sq ft | $780 | $668 | 61% |
| Built year | 2008 | 2008 | 50% |
| HOA | $806 | $760 | 56% |
| Days on market | 21 | 252 | 6% |
Apr 1, 2026
$849,900
Initial Listing