BRAND NEW INCOME PRODUCING NON OWNER OCCUPUED AIRBNB! NEO is designed from the ground up to maximize Airbnb income: sunbathed open floor plans, integrated bunks (increases heads on beds), durable high-end finishes, quartz counters, LVT flooring, high efficiency appliances & HVAC, LED lighting, CAT6 and more. This building features a stylish gathering lobby, a sky lounge and terrace w/skyline views, a cardio gym and plenty of parking. Zoned MUL, these condos are perfect NOO STRP vacation investment properties. NEO is located within walking distance to all of the downtown hotspots! A one mile to Broadway and an even shorter walk to Ascend Amphitheater, the Convention Center & other downtown SoBro bars and restaurants. Importantly, Neo is the ONLY Airbnb condo building in downtown Nashville that is BOTH approved for conventional financing AND allows you to use any Airbnb management company you want! Comes with 1 year builder's warranty!
Closed
$570,000
245 Hermitage Ave APT 301, Nashville, TN 37210
1beds
673sqft
Apartment, Residential, Condominium
Built in 2024
-- sqft lot
$450,300 Zestimate®
$847/sqft
$1,776 Estimated rent
Home value
$450,300
$410,000 - $500,000
$1,776/mo
Zestimate® history
Owner options
List your home for rent
$1,776/mo
Rent Zestimate®
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$1,776/mo
Rent Zestimate®
Refinance and save
$3,604/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,604/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Grant Hammond, Broker, ABR, SRS, SFR, ePRO 615-945-7123,
Compass RE
Bought with:
Tammi Weed, 362435
Compass RE
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2677428
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Features: Suite
- Level: Suite
- Area: 121 Square Feet
- Dimensions: 11x11
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
- Area: 108 Square Feet
- Dimensions: 12x9
Living room
- Features: Combination
- Level: Combination
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Range
Features
- Ceiling Fan(s), Smart Thermostat
- Flooring: Tile
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 673
- Total interior livable area: 673 sqft
- Finished area above ground: 673
Property
Parking
- Total spaces: 1
- Parking features: Unassigned
- Garage spaces: 1
Accessibility
- Accessibility features: Accessible Doors, Accessible Elevator Installed, Accessible Hallway(s)
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Smart Light(s), Smart Lock(s), Balcony
Lot
- Size: 8,712 Square Feet
- Dimensions: 56 x 154
- Features: Level
Details
- Parcel number: 093120A30100CO
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Apartment, Residential, Condominium
- Attached to another structure: Yes
Materials
- Frame, ICFs (Insulated Concrete Forms)
- Roof: Membrane
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available, Underground Utilities
Green energy
- Energy efficient items: Windows, Thermostat, Insulation
Community & HOA
Community
- Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
- Subdivision: Neo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Underground Utilities
- Services included: Maintenance Grounds, Trash, Water
- HOA fee: $250 monthly
Location
- Region: Nashville
Financial & listing details
- Price per square foot: $847/sqft
- Tax assessed value: $571,000
- Annual tax amount: $6,427
- Date on market: 7/10/2024
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Sold | $570,000+3.7%$847/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2677428 Report a problem | ||
| 4/29/2024 | Listing removed | -- |
Source: RealTracs MLS as distributed by MLS GRID #2557024 Report a problem | ||
| 1/12/2024 | Listed for sale | $549,900$817/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2557024 Report a problem | ||
| 8/11/2023 | Contingent | $549,900+6.8%$817/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2557024 Report a problem | ||
| 8/7/2023 | Listed for sale | $514,900$765/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2557024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,427 +182.5% | $228,400 +226.6% |
| 2024 | $2,275 +330.3% | $69,925 +330.3% |
| 2023 | $529 | $16,250 |
Find assessor info on the county website
Neighborhood: 37210
Nearby homes
- $539,9001 bd1 ba638 sqft245 Hermitage Ave APT 201, Nashville, TN 37210Sold
- $734,4003 bd2 ba1.1k sqft245 Hermitage Ave APT 307, Nashville, TN 37210Off Market
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Nearby schools
GreatSchools rating
- 6/10McGavock Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 3/10Two Rivers Middle SchoolGrades: 6-8Distance: 5.3 mi
- 3/10McGavock High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Jones Paideia Magnet
- Middle: John Early Paideia Magnet
- High: Pearl Cohn Magnet 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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Estimated market value
$450,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$450,300
- Tennessee
- Davidson County
- Nashville
- 37210
- 245 Hermitage Ave Apartment 301
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