303 31st Ave N 508, Nashville, TN 37203
303 31st Ave N 508, Nashville, TN 37203, Active at $495,000 ($665/sq ft). 1 bd · 1 ba · 744 sqft · $665/sqft · 0.02 ac.
303 31st Ave N 508, Nashville, TN 37203, Active at $495,000 ($665/sq ft). 1 bd · 1 ba · 744 sqft · $665/sqft · 0.02 ac.
Active · $495,000
MLS #3179427 · listed June 20, 2026 · 35 days on market · updated April 22, 2026
1-bed, 1-bath residence at 303 31st Ave N 508 in Odyssey, Nashville, 744 sqft, $495,000 ($665/sqft), by Compass.
303 31st Ave N 508 is a 1-bedroom, 1-bath Airbnb in Nashville, TN 37203, offered at $495,000, about $665/sq ft across 744 sq ft.
All-in, about $3,392/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 $842/mo, roughly 25% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this Airbnb runs about $2,550/mo; at the 6.277% rate of about three months ago it would be roughly $2,445/mo, so monthly P&I is about $105 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 303 31st Ave N 508 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of April 22, 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 303 31st Ave N 508 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $495,000 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Investor carrying cost for 303 31st Ave N 508 at $495,000: 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 | $495,000 |
|---|---|
| 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 303 31st Ave N 508 is about $3,392/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $2,550, estimated property tax $290, STR-grade insurance $322, and HOA dues $230. Estimate only; not a loan offer.
| Principal & interest | $2,550/mo |
|---|---|
| Property tax (est.) | $290/mo |
| STR-grade insurance (est.) | $322/mo |
| HOA dues | $230/mo |
| Estimated total | $3,392/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% | $2,293/mo | $3,135/mo | -$257/mo |
| 6.18% | $2,420/mo | $3,262/mo | -$130/mo |
| 6.68% | $2,550/mo | $3,392/mo | current |
| 7.18% | $2,683/mo | $3,525/mo | +$133/mo |
| 7.68% | $2,818/mo | $3,660/mo | +$268/mo |
Principal & interest on a 30-year fixed at 20% down ($396,000 loan), with property tax, insurance, and HOA held constant at $842/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 303 31st Ave N 508 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 $2,550/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.
The Davidson County appraised value of $432,400 trails the $495,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,042 now to roughly $3,482 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This Airbnb | Nashville 37203 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $665 | $615 median | - |
| Price position | 55th pctile | +8% vs median | - |
| Nashville 37203 vs greater Nashville | - | +81% | - |
This listing beside the active Nashville 37203 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
Among the active Airbnbs in Nashville 37203, this Airbnb at $665/sq ft falls in the 55th percentile on price per square foot.
Nashville 37203 trades about 81% above greater Nashville on a price-per-square-foot basis.
Taken together, this Airbnb reads in line with Nashville 37203 on a per-square-foot basis.
Computed by Grant Hammond from the active Nashville 37203 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
| Active listings | 417 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 22.7 sales / mo |
| Months of inventory | 18.4 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37203 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37203 condos closings. Source RealTracs via IDX, as of 2026-07-22.
303 31st Ave N 508 sits in Odyssey, Nashville, Davidson County.
In Nashville 37203, homes there are priced around $615 per square foot; inventory in Nashville 37203 condos is running at about 18.4 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 303 31st Ave N 508 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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Listed with Compass. 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 (April 22, 2026), 303 31st Ave N 508, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
303 31st Ave N 508, Nashville is listed at $495,000, about $665 per square foot across 744 square feet.
1 bedroom and 1 bathroom.
About $665 per square foot ($495,000 across 744 sqft).
303 31st Ave N 508, Nashville was built in 2023.
Yes, 1 garage spaces, per the listing.
HOA dues are $230 per month, as listed.
303 31st Ave N 508, Nashville is in the Odyssey subdivision of Nashville.
About $3,392 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $2,550, estimated property tax $290, insurance $322, 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.
303 31st Ave N 508, 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 $665 per square foot, 303 31st Ave N 508, Nashville ranks in the 55th percentile of active Nashville 37203 listings by price per square foot, roughly 8% above the Nashville 37203 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37203 condos market is currently buyer-favored (ample supply), at about 18.4 months of inventory, per RealTracs as of 2026-07-22.
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