916 Buchanan St 205, Nashville, TN 37208, Nashville, 37208 - 1 bed, 1 bath
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Nashville, TN 37208
This High-Potential Investment Opportunity is listed at a List Price of $450,000, which aligns with its $450,000 Fair Market Value, ensuring a stable entry point for investors. Featuring an Excellent Condition Rating and a 2018 build, this turnkey condo offers a proven short-term rental history in the Buchanan Arts District. With low monthly association fees of $131, the property maximizes cash flow potential. This is an ideal acquisition for Buy-and-Hold Investors or second-home buyers seeking a high-demand, low-maintenance asset near Downtown Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 Buchanan St 205 Subject | $450,000* List Price | 1 | 1 | 504 | $893 | - |
A 916 Buchanan St 207 Active | $450,000 List Price | 1 | 1 | 504 | $893 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, falling within the <10y criteria for Excellent condition. The unit is described as a turnkey, professionally designed short-term rental with modern finishes and systems that require no immediate maintenance.
Professionally designed and fully furnished with a proven short-term rental history, this property offers a seamless 'plug-and-play' opportunity for investors looking to capitalize on Nashville's high tourism demand.
Situated in the trendy Buchanan Arts District near Germantown and Downtown, the condo provides residents and guests with immediate access to Nashville's premier dining, entertainment, and iconic Broadway attractions.
With a remarkably low monthly association fee of $131 for a 2018 build, this property offers superior cash flow potential and lower overhead compared to similar modern developments in the Nashville market.
At a list price of $450,000 for 504 square feet, the property is priced at nearly $893 per square foot, which represents a significant premium that may challenge appraisal values and limit the buyer pool.
The assigned middle and high schools carry low ratings of 3 and 2 respectively, which may deter long-term owner-occupants and potentially impact the property's future resale value to a broader demographic.
Welcome to Howdy Y'all Honky-Tonk Haven, a professionally designed 1-bedroom, 1-bath furnished condo offering exceptional short-term rental potential just minutes from Downtown Nashville and Broadway. Inspired by Nashville's iconic honky-tonk culture, this turnkey property features bold Western-inspired décor and has been successfully operated as a short-term rental in the vibrant Buchanan Arts District. Conveniently located near Germantown, restaurants, entertainment, and Nashville's top attractions, the unit includes furnishings, operational history, and one dedicated parking space. An excellent opportunity for investors, second-home buyers, or owner-occupants seeking a distinctive Nashville property.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades PK-4 • 0.5 mi
Grades PK-4 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 504 | - |
| Lot Size | 436 | - |
| Price | $450.0K | $403.0K |
| Price per sq ft | $893 | $378 |
| Built year | 2018 | 0 |
| HOA | $131 | $0 |
| Days on market | 76 | 193 |
May 8, 2026
$450,000
Initial Listing