Introducing NEO: Where SMART AIRBNB INVESTORS Buy in Nashville! NEO is a 23 unit boutique downtown condo building designed specifically for those who want to maximize their Airbnb income. Think sun-drenched open floor plans, nifty integrated bunk nooks (because more heads on beds = more $$$), and spiffy finishes like quartz counters & LVT flooring. High-efficiency appliances, LED lighting & CAT6? Of course. We have a swanky gathering lobby, cardio gym & a sky lounge w/downtown views that’ll make your social media followers super jelly! Parking? Plenty of it. Zoned MUL, these condos are the ultimate NOOSTRP VRBO investment properties. Perfectly located within walking distance of all the action-just a short stroll to Broadway, Ascend Amphitheater, the Convention Center & SoBro’s best bars and restaurants. But here’s the kicker: NEO is the ONLY Airbnb friendly building approved for conventional financing AND lets you use any Airbnb management company you want. Impressed? You should be!
Closed
$770,000
245 Hermitage Ave APT 305, Nashville, TN 37210
2beds
987sqft
Apartment, Residential, Condominium
Built in 2024
-- sqft lot
$674,400 Zestimate®
$780/sqft
$2,466 Estimated rent
Home value
$674,400
$620,000 - $735,000
$2,466/mo
Zestimate® history
Owner options
List your home for rent
$2,466/mo
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$2,466/mo
Rent Zestimate®
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$4,887/mo
Est. payment
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$4,887/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:
Wes Halters, 324656
Cottage Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2680064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Features: Suite
- Level: Suite
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 2
- Features: Bath
- Level: Bath
- 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: 168 Square Feet
- Dimensions: 14x12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Smart Thermostat, High Speed Internet
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 987
- Total interior livable area: 987 sqft
- Finished area above ground: 987
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
- Uncovered 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
- Fencing: Privacy
- Has view: Yes
- View description: City
Lot
- Size: 8,712 Square Feet
- Dimensions: 56 x 154
- Features: Level
Details
- Parcel number: 093120A30500CO
- 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 Nashville
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Underground Utilities
- Services included: Maintenance Grounds, Trash
- HOA fee: $350 monthly
Location
- Region: Nashville
Financial & listing details
- Price per square foot: $780/sqft
- Tax assessed value: $790,800
- Annual tax amount: $8,901
- Date on market: 7/16/2024
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $770,000$780/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2680064 Report a problem | ||
| 7/18/2024 | Contingent | $770,000$780/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2680064 Report a problem | ||
| 7/16/2024 | Listed for sale | $770,000$780/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2680064 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,901 +124.4% | $316,320 +159.5% |
| 2024 | $3,967 +650.1% | $121,900 +650.2% |
| 2023 | $529 | $16,250 |
Find assessor info on the county website
Neighborhood: 37210
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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
$674,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$674,400
- Tennessee
- Davidson County
- Nashville
- 37210
- 245 Hermitage Ave Apartment 305
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