510 31st Ave N, Nashville, TN 37209
510 31st Ave N, Nashville, TN 37209, Active at $649,900 ($314/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,073 sqft · $314/sqft · 0.02 ac.
510 31st Ave N, Nashville, TN 37209, Active at $649,900 ($314/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,073 sqft · $314/sqft · 0.02 ac.
Active · $649,900
MLS #3073857 · listed June 21, 2026 · 34 days on market · updated July 9, 2026
3-bed, 3.5-bath residence at 510 31st Ave N in Elevate At City Heights, Nashville, 2,073 sqft, $649,900 ($314/sqft), by Compass RE.
510 31st Ave N is a 3-bedroom, 3.5-bath Airbnb in Nashville, TN 37209, offered at $649,900, about $314/sq ft across 2,073 sq ft.
All-in, about $4,388/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $1,040/mo, roughly 24% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this Airbnb runs about $3,348/mo; at the 6.277% rate of about three months ago it would be roughly $3,210/mo, so monthly P&I is about $138 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 510 31st Ave N (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 9, 2026. RealTracs via IDX.
Short-term-rental property: see permit type and the revenue outlook below. STR eligibility is confirmed parcel by parcel, subject to a Metro Nashville permit.
More context: the Nashville short-term-rental zoning and permits guide.
Complete reported fields for 510 31st Ave N (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $700,000 | — | |
| Listed | $699,900 | — | |
| Price reduced | $649,900 | -7% |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Investor carrying cost for 510 31st Ave N at $649,900: debt service, property tax, STR-grade insurance, HOA, plus management and occupancy tax, netted against the revenue outlook above for a cap-rate view.
| List price | $649,900 |
|---|---|
| HOA dues | $290 / mo |
| Operating load | Management, cleaning, occupancy tax, and STR-grade insurance reduce net yield, see the conservative revenue outlook above. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 510 31st Ave N is about $4,388/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $3,348, estimated property tax $381, STR-grade insurance $369, and HOA dues $290. Estimate only; not a loan offer.
| Principal & interest | $3,348/mo |
|---|---|
| Property tax (est.) | $381/mo |
| STR-grade insurance (est.) | $369/mo |
| HOA dues | $290/mo |
| Estimated total | $4,388/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $3,011/mo | $4,051/mo | -$337/mo |
| 6.18% | $3,178/mo | $4,218/mo | -$170/mo |
| 6.68% | $3,348/mo | $4,388/mo | current |
| 7.18% | $3,522/mo | $4,562/mo | +$174/mo |
| 7.68% | $3,700/mo | $4,740/mo | +$352/mo |
Principal & interest on a 30-year fixed at 20% down ($519,920 loan), with property tax, insurance, and HOA held constant at $1,040/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 510 31st Ave N at two example assumptions (illustrative inputs, not a market forecast for this property):
| Scenario | Nightly rate | Occupancy | Gross / yr |
|---|---|---|---|
| Conservative | $175/night | 50% | $31,900 |
| Stronger | $275/night | 68% | $68,300 |
Gross is nightly rate × 365 × occupancy. Net is materially lower after operating costs (management, cleaning, Metro occupancy tax, STR-grade insurance; commonly 30–40% of gross) and debt service of about $3,348/mo in principal and interest at 20% down. Turn on JavaScript to model your own assumptions (cash flow, cash-on-cash, DSCR, cap rate).
Nightly rate and occupancy above are illustrative example inputs, not a market forecast for this property. A non-owner-occupied short-term-rental permit is issued parcel by parcel by Metro Nashville and does not convey on sale. Estimate only; not financial or investment advice.
| Metric | This Airbnb | Nashville 37209 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $314 | $332 median | - |
| Price position | 40th pctile | -5% vs median | - |
This listing beside the active Nashville 37209 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
Among the active Airbnbs in Nashville 37209, this Airbnb at $314/sq ft falls in the 40th percentile on price per square foot.
Computed by Grant Hammond from the active Nashville 37209 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
| Active listings | 420 in Nashville 37209 condos |
|---|---|
| Recent absorption | about 42 sales / mo |
| Months of inventory | 10 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37209 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37209 condos closings. Source RealTracs via IDX, as of 2026-07-22.
510 31st Ave N sits in Elevate At City Heights, Nashville, Davidson County.
In Nashville 37209, homes there are priced around $332 per square foot; inventory in Nashville 37209 condos is running at about 10 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
Get the full details, recent comparable sales, and any off-market options for 510 31st Ave N - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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Listed with Compass RE. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
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As of the latest update (July 9, 2026), 510 31st Ave N, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
510 31st Ave N, Nashville is listed at $649,900, about $314 per square foot across 2,073 square feet.
3 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $314 per square foot ($649,900 across 2,073 sqft).
510 31st Ave N, Nashville was built in 2018.
Yes, 2 garage spaces, per the listing.
HOA dues are $290 per month, as listed.
510 31st Ave N, Nashville is in the Elevate At City Heights subdivision of Nashville.
About $4,388 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $3,348, estimated property tax $381, insurance $369, and HOA $290. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
510 31st Ave N, Nashville is marketed as a short-term-rental investment property. Non-owner-occupied STR permits are issued parcel by parcel by Metro Nashville, not by neighborhood; confirm current permit status before closing.
No. A Metro Nashville STR permit is tied to the property and the permit holder and does not automatically convey; a buyer applies for their own.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $314 per square foot, 510 31st Ave N, Nashville ranks in the 40th percentile of active Nashville 37209 listings by price per square foot, roughly 5% below the Nashville 37209 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37209 condos market is currently buyer-favored (ample supply), at about 10 months of inventory, per RealTracs as of 2026-07-22.
Thinking of selling in Elevate At City Heights?
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