
Nashville, TN 37204
This Strong Value Opportunity is a NOOSTR-approved studio condominium listed at $235,000, positioned well below the $248,470 Fair Market Value by 5%. This valuation gap offers $13,470 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, this unit offers a turnkey asset in a prime location near 12 South. With access to an in-ground pool and high-performing schools like Glendale Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-demand Nashville property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Hillview Hts 205 Subject | $235,000* List Price | 0 | 1 | 418 | $594 | - |
A 803 Hillview Hts 105 Active | $279,900 List Price | 0 | 1 | 418 | $670 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1960, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances, updated cabinetry, and a contemporary tile backsplash. The interior is in mint condition with new LVT flooring and fresh paint, requiring no immediate maintenance.
Elementary School: Glendale Elementary School (9/10).
The property is NOOSTR approved, allowing for non-owner occupied short-term rentals, making it a highly lucrative investment opportunity in a high-demand Nashville market.
Perfectly positioned in the Melrose neighborhood near 12 South and Wedgewood-Houston, providing residents with quick access to Nashville's top dining, shopping, and major universities.
With only 418 square feet of living space, the studio layout may feel restrictive for long-term residents or those requiring significant storage.
The lack of private laundry facilities requires residents to use the community basement laundry, which is a notable inconvenience compared to modern condo standards.
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, an efficient kitchen, and on-site laundry facilities. Cool off in the in-ground pool and enjoy low-maintenance ownership—HOA covers exterior/grounds, pool maintenance, and trash. Can be sold furnished or unfurnished. Community laundry in basement.
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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 418 | 1,009.207 |
| Lot Size | 436 | 871 |
| Price | $235.0K | $339.9K |
| Price per sq ft | $562 | $344 |
| Built year | 1960 | 2007 |
| HOA | $142 | $329 |
| Days on market | 33 | 91 |
Aug 7, 2026
$235,000
Initial Listing