635 7th Ave S 218, Nashville, TN 37203
635 7th Ave S 218, Nashville, TN 37203, Active at $524,900 ($706/sq ft). 1 bd · 1 ba · 743 sqft · $706/sqft · 0.02 ac.
635 7th Ave S 218, Nashville, TN 37203, Active at $524,900 ($706/sq ft). 1 bd · 1 ba · 743 sqft · $706/sqft · 0.02 ac.
Active · $524,900
MLS #3231148 · listed June 5, 2026 · 149 days on market · updated October 14, 2026
1-bed, 1-bath residence at 635 7th Ave S 218 in Hyve, Nashville, 743 sqft, $524,900 ($706/sqft), by simpliHOM.
635 7th Ave S 218 is a 1-bedroom, 1-bath Airbnb in Nashville, TN 37203, offered at $524,900, about $706/sq ft across 743 sq ft.
All-in, about $4,019/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $1,132/mo, roughly 28% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this Airbnb runs about $2,887/mo; at the 6.81% rate of about three months ago it would be roughly $2,740/mo, so monthly P&I is about $147 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 218 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 14, 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.
Lowest price point in the hottest downtown STR development!! Zoned and active as a Non-Owner Occupied Short Term Rental (NOO STR). Lock up this fully furnished and turnkey 1 bedroom Airbnb condo with a huge balcony. One of the very few properties truly walking distance to downtown Nashville and loaded with amenities, including a pool, an elevated pool deck and cabana oasis with cookout space. Indoor amenities include a community lounge, covered garage parking, and a state-of-the-art fitness center with Peloton equipment.The wellness amenities, stylish pool, and cabana oasis have been thoughtfully designed to bring people together.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 635 7th Ave S 218 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $524,900 | -$4,100 (-0.8%) | |
| Price change | $529,000 | -$20,000 (-3.6%) | |
| Listed | $549,000 | ||
| Deed recorded | $575,000 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 |
Listed June 5, 2026, this listing has been on the market 149 days as of November 1, 2026. The price has been reduced 2 times, from $549,000 to $524,900 (-4.4%), most recently on October 14, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
635 7th Ave S 218 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 |
|---|---|---|---|
| Price change | $524,900 | Realtracs MLS #3231148 | |
| by | Price change | $529,000 | Realtracs MLS #3231148 |
| Listed for sale | $549,000 | Realtracs MLS #3231148 | |
| Sold | $575,000 | Realtracs MLS #2591099 | |
| Sold (public record) | $575,000 | Public record | |
| Under contract | n/a | Realtracs MLS #2591099 | |
| Listing removed | n/a | Realtracs MLS #2591099 | |
| Listed for sale | $550,000 | Realtracs MLS #2591099 |
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 218 by year: $105,000 in 2022 to $608,200 in 2025, a change of +479%. 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 | $426,200 | $0 | $608,200 | ROLL |
| 2023 | $105,000 | $385,300 | $0 | $490,300 | 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 218 at $524,900: 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 | $524,900 |
|---|---|
| HOA dues | $493 / 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 218 is about $4,019/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $2,887, estimated property tax $308, STR-grade insurance $331, and HOA dues $493. Estimate only; not a loan offer.
| Principal & interest | $2,887/mo |
|---|---|
| Property tax (est.) | $308/mo |
| STR-grade insurance (est.) | $331/mo |
| HOA dues | $493/mo |
| Estimated total | $4,019/mo |
Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 23, 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 |
|---|---|---|---|
| 6.33% | $2,607/mo | $3,739/mo | -$280/mo |
| 6.83% | $2,746/mo | $3,878/mo | -$141/mo |
| 7.33% | $2,887/mo | $4,019/mo | current |
| 7.83% | $3,032/mo | $4,164/mo | +$145/mo |
| 8.33% | $3,178/mo | $4,310/mo | +$291/mo |
Principal & interest on a 30-year fixed at 20% down ($419,920 loan), with property tax, insurance, and HOA held constant at $1,132/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 635 7th Ave S 218 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 $2,887/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 | Hyve active | Recently sold |
|---|---|---|---|
| Price / sq ft | $706 | $769 median | - |
| Price position | 23rd pctile | -8% vs median | - |
| Hyve vs Nashville 37203 area | - | +29% | - |
This listing beside the active Hyve market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 1, 2026.
This listing beside the active Hyve market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
At $706/sq ft, this Airbnb ranks in the 23rd percentile of the 11 active Airbnbs in Hyve by price per square foot.
Hyve trades about 29% above Nashville 37203 area on a price-per-square-foot basis.
Taken together, this Airbnb reads toward the lower end per square foot for Hyve.
Computed by Grant Hammond from 11 Hyve comparables (Realtracs via IDX), as of November 1, 2026, refreshed weekly.
| Active listings | 363 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 37.4 sales / mo |
| Months of inventory | 9.7 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: 414 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 24, 2026.
635 7th Ave S 218 sits in Hyve, Nashville, Davidson County.
In Hyve, homes there are priced around $771 per square foot; inventory in Nashville 37203 condos is running at about 9.7 months, a buyer-favored market; recent sales in Nashville 37203 closed near 97.2% of list price; 119 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 25, 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 218 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 635 7th Ave S 218, by price and size.
Listed by Steve Frye, simpliHOM. 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 (October 14, 2026), 635 7th Ave S 218, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
635 7th Ave S 218 was listed on June 5, 2026 and has been on the market 149 days as of November 1, 2026, per Realtracs.
Yes. It was first listed at $549,000. The price has been reduced 2 times, most recently to $524,900 on October 14, 2026, a total change of -4.4%.
635 7th Ave S 218, Nashville is listed at $524,900, about $706 per square foot across 743 square feet.
1 bedroom and 1 bathroom.
About $706 per square foot ($524,900 across 743 sqft).
635 7th Ave S 218, Nashville was built in 2023.
Yes, 1 garage spaces, per the listing.
HOA dues are $493 per month, as listed.
635 7th Ave S 218, Nashville is in the Hyve subdivision of Nashville.
About $4,019 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $2,887, estimated property tax $308, insurance $331, and HOA $493. 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 218, 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 and 550+ Nashville short-term rental transactions. Use the tour or question form on this page.
At about $706 per square foot, 635 7th Ave S 218, Nashville ranks in the 23rd percentile of active Hyve listings by price per square foot, roughly 8% below the Hyve median; recent comparable sales in Hyve closed near $471 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 9.7 months of inventory; recent sales have closed near 97.2% of list price over the past year, per Realtracs as of October 24, 2026.
Thinking of selling in Hyve?
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