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  • $2,980,000

    11 Music Sq E #608, Nashville, TN 37203

    12beds
    5,450sqft
    : 
    $19,083/mo
    Get pre-qualified
    High Rise, Residential, Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $547/sqft
    $805/mo HOA

    What's special

    Guitar-shaped poolParking on-site
    **STR with a Cap rate of 8%+** Welcome to Spence Manor! A true icon of country music history with an enviable location in the heart of Music Row (and the correct zoning eligibility). This listing is for a portfolio of SIX UNITS (including a penthouse that sleeps 12), blends a prime location, rich storytelling, notable guest experience, and proven profitability within one of the area's most desirable corridors. Here, you and yours guests never sacrifice location and all units are fully renovated. Originally a hotel where Elvis, Johnny Cash, Dolly, and more stayed, the guitar-shaped pool sets the scene while live music from Demonbreun drifts up and down the sidewalks. This is an authentic Nashville experience that other buildings simply cannot touch. Walkable to Broadway, The Gulch, and Edgehill, and with parking on-site, this portfolio presents a turnkey opportunity for investors on Day 1 with a long-standing and proven track record of guest reviews and income. This premier location offers all of the touchpoints that guests are searching for, making these units a standout in a competitive short-term rental market. Option to connect two additional units together to create an additional 4 bed, 2 bath stay would further maximize profit. HOA includes: Water, Electricity, Exterior Maintenance, Grounds Maintenance, and Trash Pickup. Financials available. This is an active and very busy short-term rental! Showings will be scheduled around booking calendar.
    36 days
    |
    392
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Butler 615-364-9634,

    Compass RE 615-475-5616

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3278140MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 7
      • Full bathrooms: 7
      • Main level bedrooms: 12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range, Refrigerator
      Features
      • Flooring: Wood, Laminate, Tile
      • Basement: None
      Interior area
      • Total structure area: 5,450
      • Total interior livable area: 5,450 sqft
      • Finished area above ground: 5,450

      Property

      Parking
      • Total spaces: 6
      • Parking features: Unassigned
      • Garage spaces: 6
      Features
      • Levels: One
      • Stories: 6
      Lot
      • Size: 871 Square Feet
      Details
      • Parcel number: 093130A60600CO
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: High Rise, Residential, Condominium
      • Attached to another structure: Yes
      Materials
      • ICFs (Insulated Concrete Forms)
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: Spence Manor
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Maintenance Structure, Maintenance Grounds, Recreation Facilities, Pest Control, Trash, Water
      • HOA fee: $805 monthly
      Location
      • Region: Nashville

      Financial & listing details

      • Price per square foot: $547/sqft
      • Tax assessed value: $271,400
      • Annual tax amount: $3,080
      • Date on market: 7/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Listed for sale$2,980,000$547/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3278140 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,055 -10.9%$108,560 +3%
        2024$3,430 $105,400
        2023$3,430 $105,400
        2022$3,430 -1%$105,400
        2021$3,466 +18.4%$105,400 +52%
        2020$2,926 +33.8%$69,320
        2019$2,187 +60%$69,320 +60%
        2018$1,367 $43,325
        2017-- $43,325 +71.1%
        2016$1,367 +19.5%$25,325
        2015$1,144 $25,325
        2014$1,144 $25,325
        2013-- $25,325 -15.6%
        2012-- $30,000
        2011-- $30,000
        2010-- $30,000 -37.5%
        2009-- $48,000 +156%
        2008-- $18,750
        2007-- $18,750
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37203

        Getting around

        82 / 100
        Very Walkable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eakin Elementary
        • Middle: West End Middle School
        • High: Hillsboro Comp High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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