
Nashville, TN 37204
This NOO STR-Eligible Studio represents a High-Potential Investment Opportunity, listed at $230,000—positioned well below the $231,500 Fair Market Value by 0.65%. This valuation gap offers $1,500 in Instant Equity. Featuring a Condition Rating of 3, the unit is fully renovated and turnkey, boasting modern finishes and access to a private pool. Located in the high-demand Melrose corridor near top-rated Glendale Elementary, this is an ideal acquisition for Buy-and-Hold Investors or short-term rental operators seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Hillview Hts 106 Subject 1 bd · 1 ba · 418 sqft · $554 | $230,000* List Price | 1 | 1 | 418 | $554 | - |
A 801 Hillview Hts 212 Active 1 bd · 1 ba · 418 sqft · $562 · 0.0 mi | $235,000 List Price | 1 | 1 | 418 | $562 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the unit features a fully renovated and turnkey interior perfect for short-term rentals. The kitchenette is updated with modern grey cabinetry, stone countertops, and a classic subway tile backsplash. Modern wood-look flooring is installed throughout, though the exterior structure and wall-mounted AC units reflect the property's overall age.
Elementary School: Glendale Elementary School (9/10).
The property is NOO STR (Non-Owner Occupied Short-Term Rental) eligible, offering a rare and lucrative opportunity for Airbnb investors in a high-demand Nashville market.
Offered fully furnished and professionally styled, this studio allows for immediate occupancy or rental income without the need for additional upfront investment in furniture.
With only 418 square feet of living area, the studio layout may feel restrictive for long-term residents or those requiring dedicated storage and workspace.
Originally built in 1960, the building may require more frequent maintenance or future capital improvements compared to newer developments in the surrounding area.
Prime Nashville Studio: The Ultimate Turnkey Short-Term Rental. Experience the perfect blend of style, convenience, and location at 803 Hillview Heights, Unit 106. Whether you are seeking a lucrative investment opportunity or a stylish pied-à-terre in Nashville’s most sought-after corridor, this studio delivers. Located in the heart of the Melrose neighborhood, you are perfectly situated to enjoy the best of Nashville. Walk to the boutiques and eateries of 12 South and 8 South, or take a quick 10-minute drive to the heart of downtown. Unit Highlights: - NOO STR Eligible: A rare chance to own an Airbnb-eligible condo in Nashville. - Turnkey Convenience: Offered fully furnished—simply step in and start earning or enjoy your new city retreat. - Community Perks: Relax by the private, below-ground pool or take advantage of the convenient on-site amenities and ample parking. - Efficient Design: Thoughtfully laid out 418 sq. ft. fully furnished space that maximizes comfort and modern aesthetics. - Proven cash flow, an unbeatable location, and everything you need to hit the ground running.
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 | $230.0K | $347.6K |
| Price per sq ft | $550 | $343 |
| Built year | 1960 | 2007 |
| HOA | $207 | $334 |
| Days on market | 54 | 92 |
Aug 31, 2026
$230,000
Initial Listing