920 South St 315, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This High-Potential Investment Opportunity is a Turnkey Short-Term Rental Asset listed at a List Price of $475,000, which aligns perfectly with its $475,000 Fair Market Value. Featuring an Excellent Condition Rating with modern 2019 finishes, 10’ ceilings, and a flexible bonus sleeping space, this unit is optimized for immediate rental income. Located in the highly walkable Gulch View area, the property offers resort-style amenities including a pool and secure parking. This is an ideal acquisition for Buy-and-Hold Investors or Second Home Owners seeking income-producing flexibility.
Turnkey STR condo in Nashville's Gulch View. 1BR/1BA with bonus space, pool, and parking. Excellent condition, prime location. Ideal for investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South St 315 Subject | $475,000* List Price | 1 | 1 | 732 | $649 | - |
A 1212 Laurel St 909 Sold | $479,900 List Price | 1 | 1 | 846 | 0.5 mi | |
B 600 12th Ave S 829 Sold | $424,900 | 1 | 1 | 824 | $516 | 0.3 mi |
C 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.
Property is new construction or fully renovated.
Built in 2019, this property is well within the 10-year threshold for an excellent rating. The interior features modern, high-end finishes including a contemporary kitchen with flat-panel cabinetry, stainless steel appliances, and stone countertops. The unit displays 10-foot ceilings, recessed lighting, and high-quality wood-look flooring throughout, with no visible signs of wear or deferred maintenance, making it a turnkey investment.
Situated in a rare non-owner occupied STR community, this property offers high investment value and flexibility for owners looking to capitalize on Nashville's robust tourism market.
The unit is sold fully furnished with modern 2019 finishes and a flexible bonus sleeping space, allowing for an immediate, seamless transition to rental income without additional setup costs.
Located in the sought-after Gulch View area, the property boasts unbeatable walkability to Nashville’s premier dining, nightlife, and downtown entertainment districts.
The $405 monthly association fee is relatively high for a 732-square-foot unit, which may impact the net cap rate and overall cash flow for investors.
With only 732 square feet of living space, the unit may feel cramped when utilizing the bonus sleeping area to maximize guest occupancy.
Turnkey Short-Term Rental in Illume at Gulch View—one of Nashville’s most sought-after non-owner occupied STR communities. Fully furnished 1BR/1BA with a separate bonus sleeping space set up like a second bedroom, creating flexible accommodations ideal for maximizing rental potential. Modern finishes, 10’ ceilings, open-concept living, and a covered patio for outdoor lounging. Illume features a resort-style courtyard with pool, fitness center, grilling areas, and secure building access. Includes in-unit washer/dryer and a dedicated garage parking space. Unbeatable walkability to downtown and The Gulch—steps to Nashville’s best dining, shopping, nightlife, and entertainment. Ideal for investors, a second home, or an owner-use condo with income-producing flexibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 732 | 1,108 | 15% |
| Lot Size | 871 | 1,307 | 48% |
| Price | $475.0K | $419.9K | 54% |
| Price per sq ft | $649 | $433 | 81% |
| Built year | 2019 | 2014 | 71% |
| HOA | $405 | $496 | 44% |
| Days on market | 133 | 492 | 2% |
Feb 3, 2026
$475,000
Initial Listing