916 Buchanan St 208, Nashville, TN 37208, Nashville, 37208 - 1 bed, 1 bath
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Nashville, TN 37208
This Turnkey Short-Term Rental Asset represents a Strong Value Opportunity, listed at $450,000—positioned above the $412,549 Fair Market Value. While priced at a premium, the property maintains an Excellent Condition Rating and offers immediate, proven cash flow in the high-demand Buchanan Arts District. Featuring a fully furnished, professionally managed setup and deeded parking, this unit provides exceptional scalability for portfolio expansion. It is an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers prioritizing a turnkey, high-performance Nashville STR asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 Buchanan St 208 Subject | $450,000* List Price | 1 | 1 | 617 | $669 | - |
A 1201 5th Ave N 203 Sold | $430,000 | 1 | 1 | 720 | $597 | 0.9 mi |
B 520 Madison St Sold | $370,000 | 1 | 1 | 650 | $569 | 0.8 mi |
C 520 Madison St Sold | $370,000 | 1 | 1 | 650 | $569 | 0.8 mi |
D 916 Buchanan St 206 Active | $450,000 List Price | 1 | 1 | 617 | $729 | 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 <10-year criteria for Excellent. It is a turnkey, professionally designed short-term rental in mint condition with modern systems and no deferred maintenance.
The property is a fully furnished, professionally managed short-term rental with an established operational setup, offering immediate cash flow and a seamless transition for investors.
Situated in the rapidly appreciating Buchanan Arts District, the condo provides guests with prime access to Nashville’s top attractions, including Broadway, Nissan Stadium, and Germantown.
Investors have the unique flexibility to purchase this unit individually or combine it with up to seven adjacent units, allowing for significant portfolio expansion within a single building.
At just 617 square feet, the unit's small footprint may limit its appeal for long-term residents or larger travel groups seeking more spacious accommodations.
The assigned middle and high schools carry low ratings of 3 and 2, respectively, which could deter owner-occupant buyers and impact long-term resale value to families.
Welcome to Howdy Y'all Honky-Tonk Haven, a professionally designed, fully furnished 1-bedroom, 1-bath short-term rental condominium in one of Nashville's fastest-growing investment corridors. This turnkey property has been successfully operating as a professionally managed STR and is being offered fully furnished, complete with operational setup and one deeded parking space. Located in the heart of the Buchanan Arts District between Germantown and Downtown Nashville, guests enjoy convenient access to Broadway, Nissan Stadium, Germantown, the Sounds Stadium, restaurants, breweries, coffee shops, and Nashville's top attractions. This offering presents exceptional flexibility for investors. Purchase this individual unit or combine it with adjacent units on the same floor to create a larger STR portfolio. Several purchase configurations are available, including one, two, three, four, or all eight units. Historical operating information is available for qualified buyers. An outstanding opportunity for investors seeking immediate cash flow, a second home with income potential, or a turnkey Nashville STR asset in a rapidly appreciating location.
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 | 617 | - |
| Lot Size | 871 | - |
| Price | $450.0K | $403.0K |
| Price per sq ft | $729 | $378 |
| Built year | 2018 | 0 |
| HOA | $131 | $0 |
| Days on market | 76 | 193 |
May 8, 2026
$450,000
Initial Listing