803 Hillview Hts 205, Nashville, TN 37204, Nashville, 37204 - 1 bed, 1 bath
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803 Hillview Hts 205
Nashville, TN 37204
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
418Sq Ft
436Lot Size
Property Price
LIST PRICE$230,000
EST. MARKET VALUE
$234,500
SUMMARY
This High-Potential Investment Opportunity is listed at $230,000, positioned well below the $234,500 Fair Market Value by 2%, offering $4,500 in Instant Equity. Featuring a Condition Rating of 2 with high-quality modern renovations, this NOOSTR approved studio provides immediate rental viability. Located in the vibrant Melrose area, the unit includes access to a seasonal pool and proximity to top-rated schools like Glendale Elementary. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, income-generating asset.
Estimated Market Value
$234,500
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Hillview Hts 205 Subject 1 bd · 1 ba · 418 sqft · $561 | $230,000* List Price | 1 | 1 | 418 | $561 | - |
A 803 Hillview Hts 106 Active 1 bd · 1 ba · 418 sqft · $586 · 0.0 mi | $245,000 List Price | 1 | 1 | 418 | $586 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1960, the unit has undergone a recent high-quality renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances, stone countertops, updated cabinetry, LVT flooring, and a renovated tile bath, making it move-in ready with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Glendale Elementary School (9/10).
- Short-Term Rental Eligibility
The property is NOOSTR approved, allowing for lucrative short-term rental opportunities in a high-demand Nashville market, providing significant flexibility for investors.
- Strategic Central Location
Situated in the vibrant Melrose area near 12 South and The Gulch, the property offers unparalleled access to Nashville’s premier dining, universities, and entertainment hubs.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At only 418 square feet, the studio layout is quite small, which may limit its appeal to long-term residents or buyers seeking more spacious accommodations.
- Lack of In-Unit Laundry
The reliance on a shared community laundry facility in the basement is a notable inconvenience compared to modern condominium standards that typically include in-unit hookups.
About 803 Hillview Hts 205
Short Term Rentals Allowed! Live (or host) right in the middle of one of Nashville’s best “in-town” neighborhoods. Studio 1 Lofts is NOOSTR approved and perfectly positioned in Melrose near 12 South, Berry Hill, and Wedgewood-Houston—plus quick access to Belmont, Vanderbilt, The Gulch, and downtown. Easy studio living with fresh paint, LVT, tile bath, and an efficient kitchen. Cool off in the in-ground seasonal pool and enjoy low-maintenance ownership—HOA covers exterior/grounds, pool maintenance, and trash. On-site community laundry in basement. If seeking DSCR financing, we highly recommend Neely Lending Group. May be sold furnished or unfurnished.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1960
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $190 / Month
Neighborhood Insights
Nashville Unified Schools
Glendale Elementary School
Grades PK-4 • 2.1 mi
9/10
John T. Moore Middle School
Grades 5-8 • 1.8 mi
5/10
Hillsboro High School
Grades 9-12 • 2.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | $230.0K | $347.6K |
| Price per sq ft | $550 | $343 |
| Built year | 1960 | 2007 |
| HOA | $190 | $334 |
| Days on market | 78 | 92 |
Pricing History
Listed for Sale
Aug 7, 2026
$230,000
Initial Listing