
Nashville, TN 37204
This Turnkey Short-Term Rental Asset represents a Strong Value Opportunity with a List Price of $245,000—positioned well below the $261,470 Fair Market Value by 6%. This valuation gap offers $16,470 in Instant Equity for a property featuring a Condition Rating of 2 with comprehensive modern renovations. As a rare NOO STR eligible studio, it comes fully furnished with a communal pool and prime proximity to 12 South. With access to the 9/10 rated Glendale Elementary, this is a strategic acquisition 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 |
|---|---|---|---|---|---|---|
★ 803 Hillview Hts 106 Subject | $245,000* List Price | 1 | 1 | 418 | $626 | - |
A 803 Hillview Hts 105 Active | $299,900 List Price | 0 | 1 | 418 | $717 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1960, the unit has undergone a comprehensive modern renovation within the last 5 years. The interior features updated wide-plank flooring, a contemporary kitchen with stone countertops and subway tile backsplash, and modern fixtures, presenting in mint, turnkey condition.
Elementary School: Glendale Elementary School (9/10).
This property is a rare NOO STR (Non-Owner Occupied Short Term Rental) eligible unit, coming fully furnished with transferable bookings and a proven history of cash flow.
Situated within walking distance of the trendy 12 South and 8 South neighborhoods and less than 10 minutes from downtown Nashville, the location is ideal for high occupancy rates.
With only 418 square feet of living area, the studio's small footprint may limit its versatility for anything other than short-term stays or single occupancy.
The lack of an in-unit washer and dryer requires guests to use a communal laundry area, which may be viewed as a minor inconvenience compared to modern luxury condo standards.
Welcome to 803 Hillview Heights, Unit 106 – A sleek, modern, and affordable NOO STR / Airbnb-eligible studio! This turnkey investment property offers 418 square feet of efficiently designed living space and comes fully furnished, currently serving as an active Airbnb with years of proven cash flow. The unit includes transferable bookings, providing a steady stream of established future income. Guests can enjoy fantastic amenities, including a communal, private, and below-ground pool, a convenient shared laundry area, and ample parking. Located less than 10 minutes from downtown Nashville and within walking distance of popular neighborhoods such as 12 South and 8 South, this property offers the perfect blend of comfort, style, and a prime location.
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 | 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 | $245.0K | $357.5K | 38% |
| Price per sq ft | $586 | $367 | 94% |
| Built year | 1960 | 2007 | 31% |
| HOA | $207 | $236 | 19% |
| Days on market | 34 | 371 | 6% |
Mar 19, 2026
$245,000
Initial Listing