303 31st Ave N 308, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This Strong Value Opportunity is a turnkey NOOSTR-eligible condominium listed at $494,900, positioned well below the $521,106 Fair Market Value by 5%. This valuation gap provides $26,206 in Instant Equity. Featuring a Mint Condition Rating and resort-style amenities like a swimming pool and private balcony, this 2023 build offers immediate, high-demand rental potential near Vanderbilt. This is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a proven, income-producing asset in a prime Midtown corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 303 31st Ave N 308 Subject | $494,900* List Price | 1 | 1 | 750 | $695 | - |
A 303 31st Ave N 307 Active | $595,000 List Price | 2 | 2 | 868 | $685 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets the criteria for a new build. It features modern luxury finishes including quartz countertops, stainless steel appliances, contemporary wide-plank flooring, and updated systems (HVAC/Electric) that require no maintenance.
This property is a fully furnished, non-owner occupied short-term rental with a proven five-star track record, offering immediate cash flow and a seamless transition for investors.
Ideally situated steps from Vanderbilt University and Centennial Park, the location ensures high demand from traveling medical professionals and tourists seeking proximity to Nashville hotspots.
Built in 2023, the unit features resort-style amenities and benefits from the surrounding high-value Phase II development, signaling strong long-term equity growth in a developing corridor.
At approximately $660 per square foot, the property is priced at a significant premium for the Nashville market, which may impact the cap rate for some investors.
As a 750-square-foot one-bedroom unit specifically optimized for short-term rentals, the property has limited appeal for traditional owner-occupants or families, narrowing the future resale pool.
Turnkey and income-producing, this fully furnished NOO-STR at Odyssey at the Park offers an exceptional investment opportunity in the heart of Midtown Nashville. With strong 2026 bookings already in place and a proven history of five-star Airbnb reviews, this luxury condo is ready to generate income from day one. Professionally decorated and sold fully furnished, the unit even includes a personally signed guitar from Thomas Rhett. Guests enjoy premium amenities including a resort-style pool, fitness center, private balcony, free garage parking, elevator access, and on-site dining at Tito's. The unit also features handicap-accessible doorways, kitchen access, and bathroom accommodations. Ideally located less than 10 minutes from Downtown Nashville, The Gulch, and Hillsboro Village, and within walking distance of Vanderbilt University and Centennial Park, this property is perfectly positioned for tourists, business travelers, and traveling medical professionals. Built by Richland Builders, Odyssey at the Park continues to benefit from the area's growth and demand. With luxury amenities, future bookings, and an unbeatable location, this is a rare opportunity to own a proven Nashville short-term rental.
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-8 • 1.1 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 750 | 1,108 | 19% |
| Lot Size | - | 1,307 | 21% |
| Price | $494.9K | $419.9K | 58% |
| Price per sq ft | $660 | $433 | 81% |
| Built year | 2023 | 2014 | 88% |
| HOA | $230 | $496 | 21% |
| Days on market | 31 | 492 | 2% |
May 15, 2026
$494,900
Initial Listing