920 King Hollands Ave 315, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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920 King Hollands Ave 315
Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
732Sq Ft
871Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$448,462
5% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $475,000—positioned slightly above the $448,463 Fair Market Value. As a permitted Non-Owner Occupied Short Term Rental (NOO STR), this Excellent Condition Rating asset offers a turnkey, cash-flowing model with historical revenue data. The unit features a 9' x 13' bonus sleeping area, resort-style pool, and fitness center, maximizing guest capacity and demand. This is a strategic acquisition for Buy-and-Hold Investors or passive income seekers looking for a high-performing, fully furnished Nashville asset.
Estimated Market Value
$448,462
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 |
|---|---|---|---|---|---|---|
★ 920 King Hollands Ave 315 Subject | $475,000* List Price | 1 | 1 | 732 | $613 | - |
A 635 7th Ave S 417 Sold | $520,500 | 1 | 1 | 729 | $714 | 0.3 mi |
B 1212 Demonbreun St 1203 Sold | $489,900 | 1 | 1 | 801 | $612 | 0.6 mi |
C 1212 Demonbreun St 2114 Sold | $513,547 | 1 | 1 | 746 | $688 | 0.6 mi |
D 1212 Laurel St 2010 Sold | $425,000 | 1 | 1 | 700 | $607 | 0.5 mi |
E 930 Commerce St 508 Sold | $438,000 | 1 | 1 | 835 | $525 | 0.9 mi |
F 600 12th Ave S 1914 Sold | $375,000 | 1 | 1 | 824 | $455 | 0.3 mi |
G 920 South St 219 Active | $472,000 List Price | 1 | 1 | 715 | $660 | 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 2019, this property is only 7 years old, placing it well within the 'Excellent' criteria. The listing describes it as turnkey and fully furnished with modern stainless steel appliances and 10-ft ceilings. Images confirm a mint-condition interior and well-maintained modern common areas including a resort-style pool and fitness center.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
This property is a permitted Non-Owner Occupied Short Term Rental (NOO STR) sold fully furnished with historical revenue data, offering an immediate, cash-flowing opportunity for investors.
- Flexible Sleeping Layout
The inclusion of a 9' x 13' bonus sleeping area significantly enhances the unit's utility and guest capacity beyond a standard one-bedroom, maximizing its rental income potential.
- Prime Location and Amenities
Situated in the desirable Gulch View area, the building offers high-end resort-style amenities including a pool, fitness center, and secure garage parking, ensuring high demand from travelers.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $405 monthly association fee adds a significant recurring expense that impacts the net operating income and overall cap rate for potential investors.
- Limited Square Footage
At 732 square feet, the living space is relatively compact, which may feel restrictive for larger groups or guests seeking a more spacious residential experience.
About 920 King Hollands Ave 315
NON-OWNER OCCUPIED (NOO) STR | FULLY FURNISHED | BONUS SLEEPING AREA | Illume at Gulch View offers a convenient Nashville location just minutes from The Gulch and downtown | This 1BR/1BA condo features a separate 9’ x 13’ bonus sleeping area currently configured for additional guest accommodations, providing valuable flexibility beyond a typical one-bedroom layout | Offered fully furnished and move-in ready with 10-ft ceilings, stainless steel appliances, washer/dryer, covered balcony, and dedicated garage parking | Resort-style pool, fitness center, secure building access, grilling area, and professionally maintained common areas | Updated historical STR revenue through July 2026 available in MLS attachments | Property street address recently changed from 920 South St. to 920 King Hollands Ave.; some websites and historical records may still reference the former address.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- 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
- $405 / Month
Neighborhood Insights
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 | 732 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $475.0K | $339.9K |
| Price per sq ft | $649 | $344 |
| Built year | 2019 | 2007 |
| HOA | $405 | $329 |
| Days on market | 40 | 91 |
Pricing History
Listed for Sale
Jul 31, 2026
$475,000
Initial Listing