635 7th Ave, S

Active

Nashville, TN 37203

2
Bedrooms
2
Bathrooms
1,491.00
Sq Ft
0.0300
Acres
Updated 13 minutes ago MLS #: 2980884 Listed 3 weeks ago

$995,000.00

Est. Monthly: $4,802.31
$667
Per Sq Ft

About This Property

Turnkey short-term rental investment in the heart of downtown Nashville. This fully furnished 2 BR, 2BA condo at the Hyve short-term rental mid-rise development offers a proven track record of strong returns, generating $120,000 in gross revenue in 2024 and pacing for $115,000 in 2025. Located just blocks from Broadway Ave, The Gulch, and Nashville’s top dining, nightlife, and entertainment, the property is ideally positioned to capture steady demand from both leisure and business travelers. This condo features modern finishes, open-concept living, and a bright, stylish interior that appeals to guests. Thoughtfully designed with comfort and function in mind, the unit includes a spacious kitchen with quartz countertops and stainless steel appliances, in-unit laundry room, and two bedrooms each with a queen and twin bunk bed, so up to 8 guests can all sleep comfortably on mattresses (no sofa bed requirement for guests, like other units). The private wraparound balcony provides an added bonus for guests to relax and enjoy the outside from this unit. 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 2025-09-16T23:19:18+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
4673
Active Listings
$815,363.54
Avg Price
2,097
Avg Sq Ft
3.0
Avg Bedrooms

Hyve

Neighborhood statistics

Explore Hyve
27
Active Listings
$273,271.26
Avg Price
1,392
Avg Sq Ft
2.8
Avg Bedrooms

Property History

Timeline of listing events and status changes

Sold

MLS# 2575508

Property sold and closed

1 week ago • Sep 6, 2025

721 days on market

$9,995.00

Sold

MLS# 2574381

Property sold and closed

1 week ago • Sep 6, 2025

725 days on market

$9,995.00

Sold

MLS# 2586869

Property sold and closed

1 week ago • Sep 6, 2025

686 days on market

$9,995.00

Sold

MLS# 2636715

Property sold and closed

1 week ago • Sep 6, 2025

536 days on market

$9,995.00

Sold

MLS# 2619299

Property sold and closed

1 week ago • Sep 6, 2025

580 days on market

$9,995.00

Sold

MLS# 2787842

Property sold and closed

1 week ago • Sep 6, 2025

224 days on market

$7,995.00

Sold

MLS# 2786842

Property sold and closed

1 week ago • Sep 6, 2025

226 days on market

$8,995.00

Sold

MLS# 2787851

Property sold and closed

1 week ago • Sep 6, 2025

224 days on market

$8,995.00

Sold

MLS# 2586880

Property sold and closed

1 week ago • Sep 5, 2025

686 days on market

$12,995.00

Sold

MLS# 2988616

Property sold and closed

1 week ago • Sep 3, 2025

13 days on market

$7,700.00