635 7th Ave S 405, Nashville, TN 37203
635 7th Ave S 405, Nashville, TN 37203, Active at $1,395,000 ($740/sq ft). 4 bd · 3 ba · 1,886 sqft · $740/sqft.
635 7th Ave S 405, Nashville, TN 37203, Active at $1,395,000 ($740/sq ft). 4 bd · 3 ba · 1,886 sqft · $740/sqft.
Active · $1,395,000
MLS #3182503 · listed April 23, 2026 · 194 days on market · updated April 24, 2026
4-bed, 3-bath residence at 635 7th Ave S 405 in Hyve, Nashville, 1,886 sqft, $1,395,000 ($740/sqft), by eXp Realty.
635 7th Ave S 405 is a 4-bedroom, 3-bath Airbnb in Nashville, TN 37203, offered at $1,395,000, about $740/sq ft across 1,886 sq ft.
All-in, about $10,486/mo at 20% down (7.55% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $2,645/mo, roughly 25% of the all-in monthly payment.
At the current 7.27% 30-year rate, principal and interest on this Airbnb runs about $7,628/mo; at the 6.83% rate of about three months ago it would be roughly $7,298/mo, so monthly P&I is about $330 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 635 7th Ave S 405 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of April 24, 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.
635 7th Ave S 405 is on the market under more than one Realtracs listing. This page follows MLS #3182503. Also at this address:
*FRESHLY PAINTED INTERIOR* Fully furnished and professionally designed, this 4 bedroom, 3 bathroom corner residence in the highly sought after Hyve building features a private terrace with sweeping downtown Nashville skyline views, one of the most desirable and high performing features for short term rentals. Located in a NOO STR eligible building just minutes from Broadway, The Gulch, and SoBro, this turnkey property is positioned in one of Nashville's most in demand Airbnb corridors. This unit has demonstrated consistent income with over $100,000 in annual rental revenue across multiple years, supported by strong occupancy and repeat guest demand. Ownership has also enjoyed personal use throughout the year, offering additional upside for buyers seeking to further maximize rental availability. The layout is specifically designed to accommodate large groups, maximizing booking potential while maintaining a high end, professionally curated aesthetic that stands out on rental platforms. The open concept living space is filled with natural light from expansive picture windows and flows seamlessly to the terrace, creating an ideal setting for entertaining and an elevated guest experience. Hyve's resort style amenities include a pool with cabanas, fitness center, outdoor lounge areas, and social spaces that enhance guest satisfaction and drive repeat bookings. Walkable to Music City Center, Broadway, top restaurants, live music venues, and major attractions, this location continues to attract year round tourism and consistent demand. Whether you're looking for a high performing investment, a flexible second home, or a full time residence, this property delivers on location, design, and versatility. NOOSTR NOO STR NOO-STR. Non Owner Occupied Short Term Rental VRBO
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 635 7th Ave S 405 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $1,395,000 | ||
| Deed recorded | $1,330,000 |
Listed April 23, 2026, this listing has been on the market 194 days as of November 3, 2026. The asking price has not changed since it was listed.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
635 7th Ave S 405 has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Listed for sale | $1,395,000 | Realtracs MLS #3182503 | |
| Sold (public record) | $1,330,000 | Public record |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.
The Davidson County Assessor's appraised value of 635 7th Ave S 405 by year: $105,000 in 2022 to $1,197,300 in 2025, a change of +1040%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $182,000 | $1,015,300 | $0 | $1,197,300 | ROLL |
| 2024 | $105,000 | $832,400 | $0 | $937,400 | ROLL |
| 2023 | $105,000 | $832,400 | $0 | $937,400 | PR |
| 2022 | $105,000 | $0 | $0 | $105,000 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Investor carrying cost for 635 7th Ave S 405 at $1,395,000: 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 | $1,395,000 |
|---|---|
| HOA dues | $1,251 / 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 635 7th Ave S 405 is about $10,486/mo, 20% down on a 30-year fixed at 7.55% (a jumbo loan), including principal & interest $7,841, estimated property tax $818, STR-grade insurance $576, and HOA dues $1,251. Estimate only; not a loan offer.
| Principal & interest | $7,841/mo |
|---|---|
| Property tax (est.) | $818/mo |
| STR-grade insurance (est.) | $576/mo |
| HOA dues | $1,251/mo |
| Estimated total | $10,486/mo |
Assumes 20% down, 30-year fixed at 7.55% (Mortgage News Daily, as of October 30, 2026). 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 |
|---|---|---|---|
| 6.55% | $7,091/mo | $9,736/mo | -$750/mo |
| 7.05% | $7,462/mo | $10,107/mo | -$379/mo |
| 7.55% | $7,841/mo | $10,486/mo | current |
| 8.05% | $8,228/mo | $10,873/mo | +$387/mo |
| 8.55% | $8,621/mo | $11,266/mo | +$780/mo |
Principal & interest on a 30-year fixed at 20% down ($1,116,000 loan), with property tax, insurance, and HOA held constant at $2,645/mo. Current 30-year fixed 7.55% (Mortgage News Daily, as of October 30, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 635 7th Ave S 405 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 $7,841/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 $1,197,300 trails the $1,395,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $8,423 now to roughly $9,814 (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 | Hyve active | Recently sold |
|---|---|---|---|
| Price / sq ft | $740 | $769 median | $544 median |
| Price position | 34th pctile | -4% vs median | ~97.2% of list |
| Hyve vs Nashville 37203 area | - | +30% | - |
| Recent closings | - | - | 47 sales |
This listing beside the active Hyve market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
At $740/sq ft, this Airbnb ranks in the 34th percentile of the 11 active Airbnbs in Hyve by price per square foot.
Prices per square foot in Hyve run about 30% above Nashville 37203 area.
Taken together, this Airbnb is priced in line with Hyve on a per-square-foot basis.
Computed by Grant Hammond from 11 Hyve comparables (Realtracs via IDX), as of November 3, 2026, refreshed weekly.
| Active listings | 350 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 36.8 sales / mo |
| Months of inventory | 9.5 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37203 condos sold at about 97.2% of list price.
Recorded sales in Nashville 37203 condos: 409 in the past 12 months.
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 October 31, 2026.
635 7th Ave S 405 sits in Hyve, Nashville, Davidson County.
In Hyve, homes there are priced around $769 per square foot; inventory in Nashville 37203 condos is running at about 9.5 months, a buyer-favored market; recent sales in Nashville 37203 closed near 97.2% of list price; 47 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 1, 2026.
Approximately 0.8 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 635 7th Ave S 405 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 635 7th Ave S 405, by price and size.
Listed by Nate Pope, eXp 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.
Nashville NOOSTR permits fell a net 125 in 12 months to 4,982 active on September 4, 2026. What the contraction means before you write an offer.
A Nashville 1031 exchange on a short-term rental: the 45 and 180 day clocks, the three identification rules, and where sellers actually miss them.
A Nashville STR broker breaks down the Section 280A 14-day rule and the separate personal-use test, and how using your own rental can quietly limit your deductions.
A turnkey Airbnb investment in Nashville transfers as an operating business: professionally furnished, professionally managed, with verified income and forward bookings. Alora Nashville executes this model at the highest level, and 100% bonus depreciation under the One Big Beautiful Bill Act makes day-one placed-in-service status especially valuable for executive investors.
As of the latest update (April 24, 2026), 635 7th Ave S 405, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
635 7th Ave S 405 was listed on April 23, 2026 and has been on the market 194 days as of November 3, 2026, per Realtracs.
No. The asking price has been $1,395,000 since it was listed on April 23, 2026.
635 7th Ave S 405, Nashville is listed at $1,395,000, about $740 per square foot across 1,886 square feet.
4 bedrooms and 3 bathrooms.
About $740 per square foot ($1,395,000 across 1,886 sqft).
635 7th Ave S 405, Nashville was built in 2023.
No garage is reported in the listing.
HOA dues are $1,251 per month, as listed.
635 7th Ave S 405, Nashville is in the Hyve subdivision of Nashville.
About $10,486 a month with 20% down on a 30-year fixed at 7.55%, principal and interest $7,841, estimated property tax $818, insurance $576, and HOA $1,251. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
635 7th Ave S 405, 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, 550+ Nashville short-term rental transactions and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $740 per square foot, 635 7th Ave S 405, Nashville ranks in the 34th percentile of active Hyve listings by price per square foot, roughly 4% below the Hyve median; recent comparable sales in Hyve closed near $544 per square foot. 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 9.5 months of inventory; recent sales have closed near 97.2% of list price over the past year, per Realtracs as of October 31, 2026.
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