635 7th Ave S #201, Nashville, TN 37203
Local realty services provided by:ERA Chappell & Associates Realty & Rental
635 7th Ave S #201,Nashville, TN 37203
$954,000
- 2 Beds
- 2 Baths
- 1,491 sq. ft.
- Condominium
- Active
Listed by:chris koch
Office:benchmark realty, llc.
MLS#:2980884
Source:NASHVILLE
Price summary
- Price:$954,000
- Price per sq. ft.:$639.84
- Monthly HOA dues:$1,021
About this home
**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
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Home facts
- Year built:2023
- Listing ID #:2980884
- Added:64 day(s) ago
- Updated:October 29, 2025 at 02:35 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,491 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:2023
- Building area:1,491 sq. ft.
- Lot area:0.03 Acres
Schools
- High school:Pearl Cohn Magnet High School
- Middle school:John Early Paideia Magnet
- Elementary school:Jones Paideia Magnet
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$954,000
- Price per sq. ft.:$639.84
- Tax amount:$10,624
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