
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 | $629 | - |
A 1212 Demonbreun St 1203 Sold | $489,900 | 1 | 1 | 801 | $612 | 0.6 mi |
B 1212 Laurel St 2010 Sold | $425,000 | 1 | 1 | 700 | $607 | 0.5 mi |
C 930 Commerce St 508 Sold | $438,000 | 1 | 1 | 835 | $525 | 0.9 mi |
D 600 12th Ave S 1714 Sold | $452,500 | 1 | 1 | 824 | $549 | 0.3 mi |
E 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.
DO NOT CONTACT SELLER – LISTING AGREEMENT IN PLACE. Turnkey Non-Owner Occupied Short-Term Rental in Illume at Gulch View—one of Nashville's premier STR communities. Fully furnished 1BR/1BA with a separate bonus sleeping area set up like a second bedroom, creating flexible accommodations for guests and maximizing rental potential. Revenue history available upon request. This move-in ready condo features 10' ceilings, an open-concept layout, modern finishes, quartz countertops, stainless steel appliances, in-unit washer/dryer, a private covered patio, and a dedicated garage parking space. Illume offers resort-style amenities including a pool, fitness center, grilling areas, and secure building access. Enjoy unbeatable walkability to The Gulch, downtown Nashville, restaurants, shopping, nightlife, entertainment, and major event venues. Ideal for investors, a second home, or those seeking an income-producing Nashville property in one of the city's most sought-after non-owner occupied short-term rental communities.
No exterior & parking available.
No sensitive facilities data found.
| 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 | 218 | 91 |
Feb 3, 2026
$475,000
Initial Listing