1308 Montgomery Ave 5, Nashville, TN 37207
1308 Montgomery Ave 5, Nashville, TN 37207, Active at $600,000 ($347/sq ft). 4 bd · 4 ba · 1,731 sqft · $347/sqft.
1308 Montgomery Ave 5, Nashville, TN 37207, Active at $600,000 ($347/sq ft). 4 bd · 4 ba · 1,731 sqft · $347/sqft.
Active · $600,000
MLS #3127838 · listed June 20, 2026 · 35 days on market · updated July 3, 2026
4-bed, 4-bath residence at 1308 Montgomery Ave 5 in Monty, Nashville, 1,731 sqft, $600,000 ($347/sqft), by Adaro Realty.
1308 Montgomery Ave 5 is a 4-bedroom, 4-bath Airbnb in Nashville, TN 37207, offered at $600,000, about $347/sq ft across 1,731 sq ft.
All-in, about $4,027/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 $936/mo, roughly 23% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this Airbnb runs about $3,091/mo; at the 6.277% rate of about three months ago it would be roughly $2,964/mo, so monthly P&I is about $127 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 1308 Montgomery Ave 5 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 3, 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 1308 Montgomery Ave 5 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $600,000 | — |
Investor carrying cost for 1308 Montgomery Ave 5 at $600,000: 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 | $600,000 |
|---|---|
| HOA dues | $230 / 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 1308 Montgomery Ave 5 is about $4,027/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $3,091, estimated property tax $352, STR-grade insurance $354, and HOA dues $230. Estimate only; not a loan offer.
| Principal & interest | $3,091/mo |
|---|---|
| Property tax (est.) | $352/mo |
| STR-grade insurance (est.) | $354/mo |
| HOA dues | $230/mo |
| Estimated total | $4,027/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% | $2,780/mo | $3,716/mo | -$311/mo |
| 6.18% | $2,934/mo | $3,870/mo | -$157/mo |
| 6.68% | $3,091/mo | $4,027/mo | current |
| 7.18% | $3,252/mo | $4,188/mo | +$161/mo |
| 7.68% | $3,416/mo | $4,352/mo | +$325/mo |
Principal & interest on a 30-year fixed at 20% down ($480,000 loan), with property tax, insurance, and HOA held constant at $936/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 1308 Montgomery Ave 5 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 $3,091/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 37207 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $347 | $297 median | - |
| Price position | 67th pctile | +17% vs median | - |
| Nashville 37207 vs greater Nashville | - | -13% | - |
This listing beside the active Nashville 37207 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $347/sq ft, this Airbnb ranks in the 67th percentile of the active Airbnbs in Nashville 37207 by price per square foot.
Nashville 37207 trades about 13% below greater Nashville on a price-per-square-foot basis.
Taken together, this Airbnb reads toward the higher end per square foot for Nashville 37207.
Computed by Grant Hammond from the active Nashville 37207 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
| Active listings | 302 in Nashville 37207 condos |
|---|---|
| Recent absorption | about 14.2 sales / mo |
| Months of inventory | 21.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37207 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37207 condos closings. Source RealTracs via IDX, as of 2026-07-22.
1308 Montgomery Ave 5 sits in Monty, Nashville, Davidson County.
In Nashville 37207, homes there are priced around $297 per square foot; inventory in Nashville 37207 condos is running at about 21.3 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 1308 Montgomery Ave 5 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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Listed with Adaro Realty. 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 3, 2026), 1308 Montgomery Ave 5, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1308 Montgomery Ave 5, Nashville is listed at $600,000, about $347 per square foot across 1,731 square feet.
4 bedrooms and 4 bathrooms.
About $347 per square foot ($600,000 across 1,731 sqft).
1308 Montgomery Ave 5, Nashville was built in 2021.
Yes, 2 garage spaces, per the listing.
HOA dues are $230 per month, as listed.
1308 Montgomery Ave 5, Nashville is in the Monty subdivision of Nashville.
About $4,027 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $3,091, estimated property tax $352, insurance $354, and HOA $230. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1308 Montgomery Ave 5, 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 $347 per square foot, 1308 Montgomery Ave 5, Nashville ranks in the 67th percentile of active Nashville 37207 listings by price per square foot, roughly 17% above the Nashville 37207 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37207 condos market is currently buyer-favored (ample supply), at about 21.3 months of inventory, per RealTracs as of 2026-07-22.
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