916 Buchanan St Unit 208, Nashville, TN 37208, Nashville, 37208 - 1 bed, 1 bath
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916 Buchanan St Unit 208
Nashville, TN 37208
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
617Sq Ft
871Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$433,696
SUMMARY
This Prime Investment Opportunity is a turnkey, fully furnished 1-bedroom condominium listed at $435,000, priced slightly above the $433,697 Fair Market Value. Featuring a Mint Condition Rating, this asset is currently operating as a successful short-term rental in the high-growth Buchanan Arts District. With the unique flexibility to acquire adjacent units for portfolio scaling, this property offers immediate cash flow potential. It is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a professional, low-maintenance asset in a rapidly appreciating Nashville corridor.
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 208 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 less than 10 years old and remains in mint, turnkey condition. As a professionally designed and managed short-term rental, the interior finishes and systems are modern and require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey STR Opportunity
This property is a fully furnished, professionally designed, and operational short-term rental, offering investors immediate cash flow without the need for additional setup costs.
- Prime Investment Location
Situated in the high-growth Buchanan Arts District between Germantown and Downtown, the location provides guests with excellent proximity to Nashville's premier attractions and dining.
- Portfolio Scalability
The rare flexibility to purchase this unit individually or combine it with adjacent units allows investors to strategically scale their short-term rental portfolio within a single building.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 673.
- High Association Fees
The association fee of $1,572 is substantial for a 617-square-foot one-bedroom unit, which could significantly compress net operating margins for investors.
- Extended Market Time
With 166 days on the market, the property has seen a prolonged listing period, which may indicate pricing resistance or a cooling demand in the local condo market.
About 916 Buchanan St Unit 208
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2018
- Lot Size
- 871 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 | 871 | 871 |
| Price | $435.0K | $347.6K |
| Price per sq ft | $705 | $343 |
| Built year | 2018 | 2007 |
| HOA | $1572 | $334 |
| Days on market | 169 | 92 |
Pricing History
Listed for Sale
May 8, 2026
$435,000
Initial Listing