920 South Street 205, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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920 South Street 205
Nashville, TN 37203
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
724Sq Ft
0Lot Size
Property Price
LIST PRICE$515,000
EST. MARKET VALUE
$481,232
7% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $515,000, positioned above the $481,233 Fair Market Value. While the property carries a premium, its status as an all-short-term-rental building in the heart of The Gulch provides a unique, high-yield Asset for investors. Featuring a Mint Condition Rating, this 2019-built condo offers modern luxury, including a courtyard pool and secure building access. This is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a turnkey, income-generating property in a prime urban location.
Estimated Market Value
$481,232
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 South Street 205 Subject | $515,000* List Price | 1 | 1 | 724 | $665 | - |
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 Laurel St 2010 Sold | $425,000 | 1 | 1 | 700 | $607 | 0.5 mi |
D 600 12th Ave S 1714 Sold | $452,500 | 1 | 1 | 824 | $549 | 0.3 mi |
E 930 Commerce St 508 Sold | $438,000 | 1 | 1 | 835 | $525 | 0.9 mi |
F 1212 Laurel St 2009 SE Sold | $575,200 | 1 | 1 | 846 | $680 | 0.5 mi |
G 600 12th Ave S 712 Sold | $369,000 | 1 | 1 | 670 | $551 | 0.3 mi |
H 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 less than 10 years old and in mint condition. It features a modern kitchen with stainless steel appliances and quartz countertops, contemporary flooring, and updated systems including a smart thermostat, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Eligibility
As a designated all-short-term-rental building, this property offers a rare and lucrative opportunity for investors seeking high-yield income in a high-demand Nashville market.
- Modern Luxury Amenities
Built in 2019, the unit features contemporary finishes, tall ceilings, and access to premium community amenities including a courtyard pool, fitness center, and secure building access.
- Prime Urban Location
Situated near The Gulch and downtown Nashville, the property provides residents and guests with immediate access to the city's premier dining, shopping, and entertainment destinations.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 182 days on the market, the property has significantly exceeded the typical selling period for the area, which may suggest a disconnect between the asking price and current buyer demand.
- High Price Per Square Foot
At a list price of $515,000 for 724 square feet, the property carries a high price-per-square-foot ratio that may be difficult for some buyers to justify compared to larger units in the vicinity.
About 920 South Street 205
Desirable, modern condo close to many Nashville hot spot in The Gulch and downtown. Enjoy luxury amenities and prime accessibility at this state-of-the-art community such as courtyard pool, fitness center, dog walk, secure building access, Tall ceilings, natural light streaming in from the large windows make this unit warm and inviting. Relax on the balcony or around the pool. Illume is an all short term rental building.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $271 / 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 | 724 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $515.0K | $339.9K |
| Price per sq ft | $711 | $344 |
| Built year | 2019 | 2007 |
| HOA | $271 | $329 |
| Days on market | 193 | 91 |
Pricing History
Listed for Sale
Feb 28, 2026
$515,000
Initial Listing