916 Buchanan St Unit 204, Nashville, TN 37208, Nashville, 37208 - 1 bed, 1 bath
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916 Buchanan St Unit 204
Nashville, TN 37208
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
617Sq Ft
436Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$433,696
SUMMARY
This Turnkey Short-Term Rental Asset is a Strong Value Opportunity, listed at $435,000—positioned slightly above the $433,697 Fair Market Value. While the price reflects current market stability, the property features an Excellent Condition Rating and is fully furnished for immediate revenue generation. Located in the vibrant Buchanan Arts District, this unit offers a Mountain-Modern Aesthetic and a private Deck, catering to high-demand traveler preferences. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a high-performing, operational Nashville rental property.
Estimated Market Value
$433,696
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 Buchanan St Unit 204 Subject 1 bd · 1 ba · 617 sqft · $703 | $435,000* List Price | 1 | 1 | 617 | $703 | - |
A 1325 5th Ave N 25 Sold 1 bd · 1 ba · 660 sqft · $576 · 0.7 mi | $380,000 | 1 | 1 | 660 | $576 | 0.7 mi |
B 1221 4th Ave N Sold 1 bd · 1 ba · 769 sqft · $579 · 0.9 mi | $445,000 | 1 | 1 | 769 | $579 | 0.9 mi |
C 1201 5th Ave N 203 Sold 1 bd · 1 ba · 720 sqft · $597 · 0.9 mi | $430,000 | 1 | 1 | 720 | $597 | 0.9 mi |
D 916 Buchanan St 206 Active 1 bd · 1 ba · 617 sqft · $729 · 0.0 mi | $450,000 List Price | 1 | 1 | 617 | $729 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, falling within the <10-year 'Excellent' threshold. The interior features modern finishes, updated electrical, and is in mint, turnkey condition suitable for immediate short-term rental use.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey STR Potential
The property is fully furnished with established rental history and operational infrastructure, offering an immediate income-generating opportunity within Nashville’s high-demand short-term rental market.
- Prime Urban Location
Located in the Buchanan Arts District near Germantown, the unit provides the perfect balance of authentic neighborhood charm and proximity to Downtown Nashville’s major entertainment hubs.
- Modern Aesthetic Design
Built in 2018 with a 'mountain-modern' design, the condo features high-end, hospitality-focused finishes that appeal to premium travelers and ensure a competitive edge in the market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 642.
- High Association Fees
The association fee of $1,572 is significantly high for a 617-square-foot one-bedroom unit, which may compress net margins for investors and increase monthly carrying costs.
- Extended Days on Market
Having been on the market for 167 days, the property may face perception issues regarding its pricing or liquidity compared to faster-moving assets in the Nashville area.
About 916 Buchanan St Unit 204
Welcome to Rustic Chic, a warm, design-forward Nashville retreat offering the rare combination of boutique hospitality appeal and strong short-term rental performance just minutes from Downtown Nashville and Broadway. Inspired by elevated mountain-modern aesthetics, this fully furnished 1-bedroom condo has been thoughtfully curated to create an inviting guest experience that consistently performs within Nashville’s thriving STR market. Located in the Buchanan Arts District near Germantown, the property benefits from proximity to some of Nashville’s most popular restaurants, coffee shops, nightlife, and entertainment destinations while maintaining a more authentic neighborhood feel highly sought after by travelers. Offered fully turnkey with established rental history and operational infrastructure already in place, this is an exceptional opportunity for investors seeking immediate income potential or buyers looking for a flexible Nashville property with lifestyle and revenue upside. Additional Airbnb residences on the same private floor may also be available individually or as part of a larger portfolio acquisition. Open House Sunday 05/17 from 2–4PM showcasing the full floor of Airbnb residences.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2018
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1572 / Month
Neighborhood Insights
Nashville Unified Schools
Buena Vista Elementary Enhanced Option
Grades PK-4 • 0.3 mi
4/10
Robert Churchwell Museum Magnet Elementary School
Grades PK-4 • 0.5 mi
4/10
Gower Elementary School
Grades PK-4 • 8.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 617 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $435.0K | $347.6K |
| Price per sq ft | $705 | $343 |
| Built year | 2018 | 2007 |
| HOA | $1572 | $334 |
| Days on market | 170 | 92 |
Pricing History
Listed for Sale
May 7, 2026
$435,000
Initial Listing