
Nashville, TN 37204
This Strong Value Opportunity is a turnkey studio listed at $300,000, positioned slightly above the $279,000 Fair Market Value. While not a discount play, the property offers significant utility as a Buy-and-Hold Investor asset due to its NOOSTR-approval and fully furnished status. Featuring a modern renovation and an in-ground pool, this unit provides a low-maintenance lifestyle in a prime location near 12 South. It is an ideal acquisition for short-term rental entrepreneurs seeking immediate, high-demand income potential in the heart of Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Hillview Hts 206 Subject 1 bd · 1 ba · 418 sqft · $667 | $300,000* List Price | 1 | 1 | 418 | $667 | - |
A 803 Hillview Hts 205 Active 1 bd · 1 ba · 418 sqft · $550 · 0.0 mi | $230,000 List Price | 1 | 1 | 418 | $550 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the studio has undergone a recent modern renovation within the last 5 years. It features turnkey finishes including stainless steel appliances, updated dark cabinetry with trendy gold hardware, a subway tile backsplash, and modern tile flooring throughout.
Elementary School: Glendale Elementary School (9/10).
The property is NOOSTR-approved and sold fully furnished, offering a turnkey opportunity for investors seeking short-term rental income in a high-demand market.
Situated in the desirable Melrose area near 12 South and Wedgewood-Houston, the unit provides excellent proximity to downtown Nashville, major universities, and interstate access.
At only 418 square feet, the compact studio layout may limit appeal for long-term residents or those requiring significant storage and living space.
The property relies on communal laundry facilities rather than in-unit hookups, which can be a drawback for modern tenants and owner-occupants.
Turnkey, NOOSTR-approved studio living in one of Nashville's best "in-town" neighborhoods! Studio 1 Lofts is perfectly positioned in Melrose near 12 South, Berry Hill, and Wedgewood-Houston — plus quick access to I-65, The Gulch, Vanderbilt, Belmont and Downtown. Easy living with tile flooring throughout, a tiled bath, an efficient kitchen, and laundry on premises. Cool off in the in-ground pool and enjoy low-maintenance ownership — the HOA covers the exterior, grounds, pool maintenance, and trash. Sold fully furnished, making this a smart pick for investors and entrepreneurs alike. Don't miss your opportunity to own in the heart of it all!
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 | $300.0K | $347.6K |
| Price per sq ft | $718 | $343 |
| Built year | 1960 | 2007 |
| HOA | $234 | $334 |
| Days on market | 42 | 92 |
Sep 12, 2026
$300,000
Initial Listing