
Nashville, TN 37203
This High-Potential Investment Opportunity is a turnkey Condominium listed at a List Price of $515,000, which aligns perfectly with its $515,000 Fair Market Value. Featuring a Condition Rating of 2, this 2019-built unit offers modern luxury finishes, including quartz countertops and premium appliances. Located in an all-short-term rental building near The Gulch, the property provides immediate access to high-demand Nashville tourism. With amenities like a courtyard pool and wooded greenbelt view, this is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South Street 205 Subject | $515,000* List Price | 1 | 1 | 724 | $711 | - |
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, quartz countertops, and premium stainless steel appliances. The unit shows no signs of wear, featuring recessed lighting, large modern windows, and high-quality flooring throughout, meeting all current quality standards with no deferred maintenance.
As a dedicated all-short-term rental building, this property offers a turnkey investment opportunity with high income potential in a high-demand Nashville market.
Situated near The Gulch and downtown Nashville, the property provides exceptional accessibility to the city's premier dining, entertainment, and nightlife destinations.
Built in 2019, the unit features contemporary finishes, tall ceilings, and access to upscale community features including a courtyard pool, fitness center, and secure access.
At over $730 per square foot, the listing price is at the higher end of the market, which may limit the pool of buyers or impact initial cap rates for investors.
The building's status as an all-STR community may result in frequent guest turnover and noise, potentially deterring buyers looking for a traditional, quiet residential atmosphere.
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.
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 | 724 | 1,108 | 15% |
| Lot Size | - | 1,307 | 21% |
| Price | $515.0K | $419.9K | 60% |
| Price per sq ft | $711 | $433 | 81% |
| Built year | 2019 | 2014 | 71% |
| HOA | $271 | $496 | 27% |
| Days on market | 158 | 492 | 4% |
Jun 14, 2026
$515,000
$530,000
-3% Price Drop
Initial Listing
Jan 8, 2026
$530,000
Initial Listing