
Nashville, TN 37204
This Turnkey STR-Approved Studio is listed at $235,000, offering a stable entry point at its $235,000 Fair Market Value. Boasting a Condition Rating of 3, the renovated interior features a modern kitchen with stainless appliances, a walk-in shower, and rare in-unit laundry. Residents enjoy a community pool and prime walkability in the Melrose District near Belmont University and the 9/10 rated Glendale Elementary School. With its rare short-term rental eligibility, this asset is a high-yield opportunity for Short-Term Rental Operators or Buy-and-Hold Investors.
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 | $562 | - |
A 801 Hillview Hts 112 Sold | $240,000 | 1 | 1 | 418 | $574 | - |
B 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.
The property is move-in ready and features a modern, renovated interior despite its 1955 construction date. The kitchen is updated with dark cabinetry, stone countertops, a mosaic tile backsplash, and full-size stainless steel appliances. The bathroom has been modernized with a large walk-in shower and contemporary vanity. Additionally, the unit boasts updated wood-look flooring and a rare in-unit washer/dryer combo. While the interior is high quality, the 'as-is' sale condition and the age of the overall structure align best with the 'good' category.
Elementary School: Glendale Elementary School (9/10).
Situated in the vibrant Melrose District near 8th Ave S, this property offers exceptional walkability to 12 South, Belmont University, and local hotspots, making it highly attractive for urban dwellers.
As an STR-approved development, this unit presents a significant opportunity for investors to generate high-yield income in one of Nashville's most sought-after rental markets.
At only 418 square feet, the compact studio layout may limit the pool of potential long-term tenants or buyers who require more storage and living area.
Built in 1955 and sold in as-is condition, the property may require additional capital for future repairs or building-wide maintenance common in older developments.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 418 | 978.5 | 6% |
| Lot Size | 436 | 871 | 31% |
| Price | $235.0K | $357.5K | 38% |
| Price per sq ft | $562 | $367 | 94% |
| Built year | 1955 | 2007 | 19% |
| HOA | $210 | $236 | 44% |
| Days on market | 234 | 372 | 44% |
Sep 1, 2025
$235,000
Initial Listing