623 Middelton Street

Active

Nashville, TN 37203

3
Bedrooms
3
Bathrooms
1,379.00
Sq Ft
Acres
Updated 31 minutes ago MLS #: 3033389 Listed 1 week ago

$1,225,000.00

Est. Monthly: $5,912.40
$888
Per Sq Ft

About This Property

Discover Allegro, Nashville's premier investment in the Short-Term Rental Market! For investors ready to expand their short-term rental portfolio or make their very first purchase, Allegro offers an unparalleled opportunity. This luxury development represents the rare trifecta every investor seeks: a prime location, strong long-term growth potential, and flexible ownership options, all within Nashville’s most dynamic emerging neighborhood. In a prime downtown location situated just steps from Broadway, Allegro places guests at the center of Nashville’s energy. From world-renowned honky-tonks and live music venues to celebrated restaurants and rooftop bars, the very best of downtown is within walking distance. Proximity to Nissan Stadium, Bridgestone Arena, Music City Center, and countless cultural attractions makes this development a top choice for visitors seeking convenience and unforgettable experiences. Boasting modern luxury & elevated design Allegro combines sleek modern architecture with resort-style amenities designed to impress today’s discerning traveler. Every detail has been thoughtfully curated, from the striking exterior to the beautifully appointed interiors, ensuring a guest experience that rivals Nashville’s best hotels while offering the privacy and flexibility of a short-term rental. Nashville's thriving STR market consistently ranks among the nation’s top travel destinations, drawing millions of visitors year after year. This steady stream of demand translates to strong occupancy rates, premium nightly rates, and impressive ROI for investors. Allegro’s STR-eligible status makes it a rare and highly valuable asset for those looking to capitalize on Music City’s booming tourism industry. Opportunities to own a luxury condo with STR eligibility in downtown Nashville are few and far between. Allegro stands out not only for its prime location but also for its exceptional rental income potential. Don't miss out on limited pre-sale pricing!

Location

Subdivision Allegro
Directions From Downtown: S on 31/8th Ave S, Left on Drexel after roundabout, Right on 7th Ave S. Left on Middelton. Property is on the Right (future development to be developed).

Interior Features

Heating Central
Cooling Central Air
Flooring Other,Tile
Appliances Oven,Range,Dishwasher,Disposal,Freezer,Microwave,Refrigerator,Stainless Steel Appliance(s)
Basement None

Exterior & Property

1 Car Garage
Pool
New Construction
Stories 1
Construction Materials Frame
Pool Features In Ground
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 Other Condo
Year Built 2026
Listing Office Alpha Residential
Listing Agent Alexis McNellie
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-10-31T22:34:43+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 Allegro neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4662
Active Listings
$833,513.26
Avg Price
2,132
Avg Sq Ft
3.0
Avg Bedrooms

Allegro

Neighborhood statistics

Explore Allegro
6
Active Listings
$1,125,000.00
Avg Price
1,266
Avg Sq Ft
3.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3033389

Currently active listing

1 week ago • Oct 24, 2025

7 days on market

$1,225,000.00

Sold

MLS# 3033391

Property sold and closed

1 week ago • Oct 24, 2025

7 days on market

$850,000.00

Sold

MLS# 3033385

Property sold and closed

1 week ago • Oct 24, 2025

7 days on market

$1,350,000.00

Sold

MLS# 3031227

Property sold and closed

1 week ago • Oct 21, 2025

11 days on market

$1,375,000.00

Sold

MLS# 2990974

Property sold and closed

1 week ago • Oct 21, 2025

53 days on market

$1,320,000.00

Sold

MLS# 3013784

Property sold and closed

3 weeks ago • Oct 9, 2025

22 days on market

$1,350,000.00

Sold

MLS# 3012387

Property sold and closed

3 weeks ago • Oct 6, 2025

25 days on market

$1,370,000.00

Sold

MLS# 3012384

Property sold and closed

3 weeks ago • Oct 6, 2025

25 days on market

$800,000.00

Sold

MLS# 3007617

Property sold and closed

4 weeks ago • Oct 2, 2025

29 days on market

$1,200,000.00

Sold

MLS# 2990971

Property sold and closed

4 weeks ago • Oct 2, 2025

53 days on market

$795,000.00