
Nashville, TN 37204
This studio unit represents a High-Potential Investment Opportunity, listed at $235,000—positioned slightly above the $234,238 Fair Market Value. Despite the compact 418 sqft footprint, the unit features a Condition Rating of 3 with modern kitchen and bath upgrades. Located in the STR-approved Melrose District, this asset offers immediate rental utility near Belmont University. With in-unit laundry and community pool access, it provides a turnkey solution for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the Nashville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Hillview Hts 212 Subject | $235,000* List Price | 1 | 1 | 418 | $560 | - |
A 803 Hillview Hts 106 Active | $245,000 List Price | 1 | 1 | 418 | $586 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1955 build date, the unit has undergone a significant modern renovation. The kitchen features updated dark cabinetry, a contemporary tile backsplash, and stainless steel appliances. The bathroom is also updated with a walk-in shower and modern vanity, and the unit includes a newer in-unit washer/dryer, making it move-in ready.
Elementary School: Glendale Elementary School (9/10).
Situated in the heart of the Melrose District near 8th Ave S and 12 South, this property offers exceptional walkability to local hotspots and Belmont University.
As an STR-approved development, this unit presents a lucrative opportunity for investors looking to enter the Nashville short-term rental market at an accessible price point.
At only 418 square feet, the compact studio layout may limit appeal for long-term owner-occupants or those requiring more storage and functional space.
The property is being sold in as-is condition, which may necessitate additional upfront capital for repairs or cosmetic improvements following the purchase.
Looking to live in the heart of Nashville, but can't afford it? This studio unit is for you! Large eat-in kitchen with full-size appliances. Updated bathroom with a large walk-in shower. Rare in unit washer & dryer combo. Located in the Melrose District, right off 8th Ave S, & only a few short blocks to 12S & Belmont University, makes walking to local hotspots so easy. HOA includes water, trash, & pool maintenance. For investors, Studio I is a STR-approved development. Sold as-is. Furnishings are available for purchase.
No exterior & parking available.
Grades PK-4 • 2.1 mi
Grades 5-8 • 1.9 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 418 | - |
| Lot Size | 436 | - |
| Price | $235.0K | $403.0K |
| Price per sq ft | $562 | $378 |
| Built year | 1955 | 0 |
| HOA | $210 | $0 |
| Days on market | 69 | 193 |
May 1, 2026
$235,000
Initial Listing