245 Hermitage Avenue

Active

Nashville, TN 37210

2
Bedrooms
2
Bathrooms
987.00
Sq Ft
0.2000
Acres
Updated 44 minutes ago MLS #: 2936526 Listed 1 month ago

$749,900.00

Est. Monthly: $3,619.35
$760
Per Sq Ft

About This Property

This is Nashville's most exciting new boutique short-term rental building. Sophisticated and design-forward, Neopolitan is located just one mile from Broadway and purpose-built for maximum profitability and elevated guest experience. With a prime location placing your guests in the heart of everything Nashville has to offer, Neopolitan features a rooftop skylounge with fire tables, foosball, and panoramic views of the downtown skyline. Guests will enjoy a truly unique stay with rich interior finishes, high-tech building access, free on-site parking, 24/7 gym access, and beautifully curated common areas. A generous layout in this unit sleeps eight and offers the flexibility to customize your design direction. Ask about design credits and conventional financing options. Photos shown are of a similar unit. For investors, Neopolitan offers more than just rental income. Thanks to recent legislation, bonus depreciation for short-term rental properties like this one is back at 100%. This allows qualified buyers to potentially save over $100,000 in year-one taxes, making this one of the most powerful wealth-building tools available in today’s real estate market. When combined with cashflow and appreciation from proximity to major developments, Neopolitan delivers a smart, tax-advantaged investment in the heart of Music City.

Location

Subdivision Neopolitan
Directions From Downtown Nashville: East on 1st Avenue/Hermitage Avenue past Ascend Amphitheater until you reach NEO on your Right.

Interior Features

Interior Features Ceiling Fan(s),Smart Thermostat,High Speed Internet
Heating Central,Electric
Cooling Central Air,Electric
Flooring Tile
Appliances Dishwasher,Disposal,Microwave,Refrigerator,Electric Oven,Electric Range,Smart Appliance(s)
Basement Slab

Exterior & Property

New Construction
Architectural Style Contemporary
Stories 1
Construction Materials Frame,ICFs (Insulated Concrete Forms)
Exterior Features Smart Light(s),Smart Lock(s),Balcony
Lot Features Level
Patio/Deck Features Porch
Fencing Privacy
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Jones Paideia Magnet
6-8
Middle School
John Early Paideia Magnet
9-12
High School
Pearl Cohn Magnet High School

Property Details

Property Type Residential
Property Sub Type Flat Condo
Year Built 2024
Listing Office Compass RE
Listing Agent Grant Hammond, Broker, ABR, SRS, SFR, ePRO
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-07T02:34:11+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Nashville and the Neopolitan neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4714
Active Listings
$811,765.91
Avg Price
2,109
Avg Sq Ft
3.0
Avg Bedrooms

Neopolitan

Neighborhood statistics

Explore Neopolitan
3
Active Listings
$807,466.67
Avg Price
985
Avg Sq Ft
2.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2936526

Currently active listing

1 month ago • Jul 9, 2025

59 days on market

$749,900.00

Sold

MLS# 2886063

Property sold and closed

1 month ago • Jul 8, 2025

114 days on market

$827,500.00

Originally: $829,900.00

Sold

MLS# 2764016

Property sold and closed

8 months ago • Dec 20, 2024

$985,000.00

Sold: $968,720.00

Sold

MLS# 2667517

Property sold and closed

8 months ago • Dec 20, 2024

66 days on market

$789,900.00

Sold: $789,900.00

Originally: $759,900.00

Sold

MLS# 2680064

Property sold and closed

1 year ago • Aug 8, 2024

1 days on market

$770,000.00

Sold: $770,000.00

Sold

MLS# 2677439

Property sold and closed

1 year ago • Jul 26, 2024

$769,900.00

Sold: $769,900.00

Sold

MLS# 2677428

Property sold and closed

1 year ago • Jul 26, 2024

$570,000.00

Sold: $570,000.00

Sold

MLS# 2654293

Property sold and closed

1 year ago • Jul 10, 2024

21 days on market

$599,900.00

Sold: $570,000.00

Originally: $549,900.00