
Nashville, TN 37204
This property presents a Strong Value Opportunity with a List Price of $399,900—positioned well below the $369,930 Fair Market Value by -8%. As a NOO STR Eligible Asset, this turnkey, fully furnished unit offers immediate cash flow potential near Vanderbilt and Belmont Universities. Featuring a Condition Rating of 2 with high-end modern renovations, the unit minimizes setup expenses for investors. Its strategic location and proximity to top-rated schools like Glendale Elementary make it a compelling choice for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-demand Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Hillview Hts Unit 108 Subject 1 bd · 1 ba · 418 sqft · $885 | $399,900* List Price | 1 | 1 | 418 | $885 | - |
A 803 Hillview Hts 206 Active 1 bd · 1 ba · 418 sqft · $718 · 0.0 mi | $300,000 List Price | 1 | 1 | 418 | $718 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the structure was built in 1955, the interior has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathroom feature mint-condition modern finishes, including contemporary cabinetry, designer tile backsplashes, and updated fixtures, meeting the criteria for a recent renovation.
Elementary School: Glendale Elementary School (9/10).
The property is eligible for Non-Owner Occupied Short-Term Rental permits, a highly lucrative and restricted designation in Nashville that maximizes investment potential.
Sold fully furnished and currently operating as a rental, this unit offers immediate cash flow with minimal setup costs or downtime for the new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 384.
With just over 400 square feet, the small footprint may limit the property's versatility and appeal to certain traveler profiles or long-term residents.
Originally constructed in 1955, the building may present higher long-term maintenance needs compared to newer construction lofts in the area.
SHORT TERM RENTAL APPROVED!!! – GREAT LOCATION NEAR 12 South! Famous Nashville! FULLY FURNISHED INVESTMENT OPPORTUNITY! My wife and I had 5 short terms rentals which we owner, managed, marketed for 7 years -You can earn GREAT MONEY in the STR business! This is the opportunity to own a Nashville property eligible for Non-Owner-Occupied Short-Term Rental use. This 1-bedroom, 1-bath condo offers 772 square feet and is being sold fully furnished, providing a potential turnkey opportunity for an investor looking to enter or expand in Nashville's short-term rental market. Estimated potential gross rental revenue of approximately $25,000–$40,000 annually, depending on rental rates, occupancy and management. The property is offered complete with furnishings, helping eliminate much of the expense and setup normally associated with launching a short-term rental. Want to build a small Nashville STR portfolio? A second STR eligible, fully furnished property from the same owner is also available. Purchase this property individually or ask about acquiring both properties together. Rental revenue figures are estimates only and are not guaranteed. Buyer to independently verify STR eligibility, permitting requirements, restrictions, operating expenses and potential rental income.
No exterior & parking available.
Grades PK-4 • 2.1 mi
Grades 5-8 • 1.8 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 418 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $399.9K | $347.6K |
| Price per sq ft | $957 | $343 |
| Built year | 1955 | 2007 |
| HOA | $145 | $334 |
| Days on market | 61 | 92 |
Aug 24, 2026
$399,900
Initial Listing