
Nashville, TN 37203
This Strong Value Opportunity is a turnkey Short-Term Rental Asset listed at $699,900—positioned well below the $740,174 Fair Market Value by 5%. This valuation gap offers $40,274 in Instant Equity. Featuring a 2019 build date and a Mint Condition Rating, the unit includes floor-to-ceiling windows and two assigned garage parking spaces. With a proven 4.9-star Airbnb rating, this property is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking immediate, high-performing revenue in the Gulch.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South Street 214 Subject | $699,900* List Price | 2 | 2 | 1,168 | $634 | - |
A 1212 Demonbreun St 1802 Sold | $800,000 | 2 | 2 | 1,147 | $697 | 0.6 mi |
B 600 12th Ave S 413 Sold | $750,000 | 2 | 2 | 1,108 | $677 | 0.3 mi |
C 1212 Laurel St 1815 Sold | $875,000 | 2 | 2 | 1,222 | $716 | 0.5 mi |
D 635 7th Ave S 208 Sold | $775,000 List Price | 1 | 1 | 1,216 | 0.4 mi | |
E 1510 Demonbreun St 904 Sold | $610,000 | 2 | 2 | 1,323 | $461 | 0.6 mi |
F 600 12th Ave S 2000 Sold | $850,000 | 2 | 2 | 1,250 | $680 | 0.3 mi |
G 920 South Street 220 Active | $699,000 List Price | 2 | 2 | 1,118 | $625 | 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 less than 10 years old and remains in mint condition. The unit features an immaculate modern kitchen with stainless steel appliances, contemporary finishes, and floor-to-ceiling windows, requiring no maintenance or updates.
This property is a turnkey investment with established Airbnb Superhost status and a 4.9-star rating over 258 reviews, offering immediate revenue potential for short-term rental investors.
Located in the highly sought-after Gulch View area, the 2019-built unit features floor-to-ceiling windows with breathtaking views and high-end modern finishes throughout.
The inclusion of two assigned garage parking spaces is a rare and significant value-add for a Nashville condo, enhancing both guest convenience and resale value.
The monthly association fee of $685 is relatively high, which may compress net profit margins for investors despite the strong rental history.
As a dedicated STR building in Nashville, the property faces high internal competition and remains sensitive to the city's evolving and strict short-term rental regulations.
Turnkey Furnished STR Investment at Illume in Gulch View Proven performer: this modern 2BR/2BA unit currently holds Airbnb Superhost status with a 4.9-star rating across 258 reviews. Comfort meets income potential in one of Nashville's most sought-after buildings. Features include a luxurious primary suite, smart TVs, and an immaculate kitchen, all framed by floor-to-ceiling windows with breathtaking views. 2 assigned garage parking spaces convey. Prime Gulch View location - minutes to downtown's music scene, dining, shopping, and nightlife. Building amenities include a landscaped courtyard and pool. Bonus: Unit 216 across the hall, is also available and can be packaged for a rare double-unit investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,168 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $699.9K | $339.9K |
| Price per sq ft | $599 | $344 |
| Built year | 2019 | 2007 |
| HOA | $685 | $329 |
| Days on market | 39 | 91 |
Aug 1, 2026
$699,900
Initial Listing