Nashville, TN 37204
$250,000.00
Take advantage of bonus depreciation with this non-owner occupant short-term rental (NOO STR) eligible condo which is conveniently located just off 8th Avenue, offering easy access to a diverse selection of restaurants and shops. Walkable to 12 South, eateries and hot spots on 8th Avenue Melrose area. It's a short drive to popular Nashville hotspots such as Broadway, the Gulch, Geodis Park, Vanderbilt, Belmont, Green Hills and the airport. Modern convenience harmonizes with retro charm in this prime location under Berry Hill, offering benefits with fewer restrictions compared to Nashville for permitting. With occupancy rates ranging from 65% to 80%, this property holds the potential to generate in excess of $40,000 in income. Renovated, this unit presents a smart investment opportunity, combining style and functionality. It comes furnished, making it ready for rental, ideal for a part-time resident in Nashville, travel nurses or a college student. The property features a swimming pool and a community patio, perfect for relaxing after a day of exploring the vibrant local attractions. Parking is hassle-free with an on-site parking lot located just steps from the front door, and you can enjoy views of the pool and patio. Take advantage of this opportunity to invest in a property that promises both comfort and a lucrative return.
Based on information submitted to the MLS GRID as of 2025-09-08T18:34:13+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.
Explore market data for Nashville and the Studio 1 Lofts neighborhood
City-wide statistics
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Recent price changes for this property
Timeline of listing events and status changes
Currently active listing
4 weeks ago • Aug 9, 2025
30 days on market
$250,000.00
Originally: $315,000.00
Property sold and closed
1 month ago • Aug 1, 2025
38 days on market
$2,050.00
Property sold and closed
1 year ago • Jul 12, 2024
54 days on market
$350,000.00
Sold: $350,000.00
Originally: $375,000.00
Property sold and closed
1 year ago • Jul 9, 2024
54 days on market
$349,900.00
Sold: $336,800.00
Property sold and closed
2 years ago • Oct 27, 2022
31 days on market
$449,600.00
Sold: $410,000.00
Property sold and closed
3 years ago • Jul 28, 2022
26 days on market
$420,000.00
Sold: $402,500.00
Property sold and closed
3 years ago • Apr 28, 2022
2 days on market
$350,000.00
Sold: $375,000.00
Property sold and closed
4 years ago • Nov 17, 2020
116 days on market
$199,900.00
Sold: $199,900.00
Originally: $205,900.00
Property sold and closed
10 years ago • May 15, 2015
2 days on market
$159,000.00
Sold: $159,000.00