635 7th Ave, S

Active

Nashville, TN 37203

2
Bedrooms
2
Bathrooms
1,491.00
Sq Ft
0.0300
Acres
Updated 44 minutes ago MLS #: 2980884 Listed 2 months ago

$954,000.00

Est. Monthly: $4,604.43
$640
Per Sq Ft

About This Property

**1 YEAR OF HOA FEES PAID WITH LIST PRICE PURCHASE** Turnkey short-term rental in the heart of downtown Nashville. This fully furnished 2 BR, 2BA condo at the Hyve STR development offers a proven track record of strong returns, with 2024 gross revenue of $120,000 & pacing for $115,000 in 2025. Located just blocks from Broadway Ave, The Gulch & Nashville’s top dining, nightlife, & entertainment, this condo is ideally positioned to capture steady demand from both leisure & business travelers. The condo features modern finishes, open-concept living, and a bright, stylish interior that appeals to guests. With 14 windows, natural light floods this spacious condo. Thoughtfully designed with comfort & function in mind, the unit includes a large kitchen with quartz countertops & SS appliances, in-unit laundry room, & two bedrooms each with a queen & twin bunk bed, so up to 8 guests can all sleep comfortably on mattresses (no sofa bed requirement for guests). The private wraparound balcony provides an added bonus for guests. Unit 201 is located on the same floor as all the main building amenities, including full gym with free and machine weights, Pelotons and treadmills, pool area with outdoor kitchen, ping pong and fire pits, and a modern indoor lounge for guests to hang out or get some work done while in town. As a short-term rental investment, this property offers exceptional convenience: it is fully operational with strong reviews and a consistent revenue stream. Buyers can also benefit from current tax advantages, including the ability to utilize 100% bonus depreciation in 2025, a powerful tool to offset taxable income and enhance overall returns. Building amenities and security features add further guest appeal, while the central location ensures strong year-round occupancy. Whether looking to expand an STR portfolio or secure a high-performing Nashville property, this condo represents an excellent opportunity. Owner/Agent

Location

Subdivision Hyve
Directions From Lafayette St in downtown, turn South onto 7th Ave S.and proceed up the hill to the Hyve building on your Right.

Interior Features

Interior Features Air Filter,Ceiling Fan(s),Elevator,Entrance Foyer,Open Floorplan,Pantry,Smart Thermostat,Walk-In Closet(s),High Speed Internet,Kitchen Island
Heating Central,Electric
Cooling Central Air,Electric
Flooring Laminate,Tile
Appliances Electric Oven,Electric Range,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer,Smart Appliance(s)
Basement None

Exterior & Property

1 Car Garage
Pool
Architectural Style Contemporary
Stories 1
Construction Materials Frame,Other
Exterior Features Balcony,Smart Lock(s)
Pool Features In Ground
Patio/Deck Features Patio,Covered
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 2023
Annual Taxes $10,624.00
Listing Office Benchmark Realty, LLC
Listing Agent Chris Koch
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-11-06T10:35:04+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 Hyve neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4550
Active Listings
$829,565.01
Avg Price
2,134
Avg Sq Ft
3.0
Avg Bedrooms

Hyve

Neighborhood statistics

Explore Hyve
10
Active Listings
$1,085,290.00
Avg Price
1,365
Avg Sq Ft
2.4
Avg Bedrooms

Price History

Recent price changes for this property

Oct 13, 2025
Price Decrease
$9,690.00 → $9,540.00
$150.00
Oct 3, 2025
Price Decrease
$9,750.00 → $9,690.00
$60.00
Sep 24, 2025
Price Decrease
$9,950.00 → $9,750.00
$200.00

Property History

Timeline of listing events and status changes

Sold

MLS# 2938792

Property sold and closed

6 days ago • Oct 31, 2025

76 days on market

$995,000.00

Sold: $995,000.00

Originally: $1,049,000.00

Sold

MLS# 3009104

Property sold and closed

1 week ago • Oct 29, 2025

32 days on market

$1,425,000.00

Sold

MLS# 2981411

Property sold and closed

3 weeks ago • Oct 16, 2025

72 days on market

$1,305,000.00

Originally: $1,349,000.00

Sold

MLS# 3015652

Property sold and closed

3 weeks ago • Oct 14, 2025

23 days on market

$1,425,000.00

Sold

MLS# 2968340

Property sold and closed

1 month ago • Oct 6, 2025

94 days on market

$599,900.00

Originally: $625,000.00

Sold

MLS# 2970368

Property sold and closed

1 month ago • Oct 3, 2025

82 days on market

$749,000.00

Sold

MLS# 2999671

Property sold and closed

1 month ago • Oct 1, 2025

48 days on market

$1,075,000.00

Sold

MLS# 2988137

Property sold and closed

1 month ago • Oct 1, 2025

64 days on market

$1,150,000.00

Sold

MLS# 2999987

Property sold and closed

1 month ago • Sep 26, 2025

47 days on market

$1,495,000.00

Sold

MLS# 3001088

Property sold and closed

1 month ago • Sep 24, 2025

44 days on market

$675,000.00

Originally: $690,000.00