610 21st Ave N 305, Nashville, TN 37203
610 21st Ave N 305, Nashville, TN 37203, Active at $425,000 ($612/sq ft). 1 bd · 1 ba · 694 sqft · $612/sqft · 0.02 ac.
610 21st Ave N 305, Nashville, TN 37203, Active at $425,000 ($612/sq ft). 1 bd · 1 ba · 694 sqft · $612/sqft · 0.02 ac.
Active · $425,000
MLS #3231311 · listed April 24, 2026 · 139 days on market · updated June 20, 2026
1-bed, 1-bath residence at 610 21st Ave N 305 in The 1865, Nashville, 694 sqft, $425,000 ($612/sqft), by Compass RE.
610 21st Ave N 305 is a 1-bedroom, 1-bath Airbnb in Nashville, TN 37203, offered at $425,000, about $612/sq ft across 694 sq ft.
All-in, about $3,128/mo at 20% down (6.89% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $891/mo, roughly 28% of the all-in monthly payment.
At the current 6.89% 30-year rate, principal and interest on this Airbnb runs about $2,237/mo; at the 6.67% rate of about three months ago it would be roughly $2,187/mo, so monthly P&I is about $50 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 610 21st Ave N 305 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 20, 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.
Price drop! SUCCESSFUL Fully Operating Short Term Rental, Non Owner Occupied Permit Eligible in Nashville. Located in the Unique 1865 Building. The 1865 is located blocks away from Marathon Village, Centennial Park, Saint Thomas Midtown, and 7 minutes from Broadway. Spacious one bedroom unit with charming, historic character. The Gated site features an outdoor bar/ entertaining area, fire pit, 4 seasons heated dipping pool, and a fitness center. There is also a fabulous SpeakEasy in the basement for guests, food and drink served daily and LIVE music. Non- Owner Occupant STR eligible property zoned MUG-A for permitting ease. Professionally designed and furnished. All furnishings convey. The unit is currently active on AirBnb. Financials are available upon request. Calling all investors - purchase during peak months and before the Super Bowl 2030!
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 610 21st Ave N 305 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $425,000 | — |
Investor carrying cost for 610 21st Ave N 305 at $425,000: 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 | $425,000 |
|---|---|
| HOA dues | $340 / 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 610 21st Ave N 305 is about $3,128/mo, 20% down on a 30-year fixed at 6.89% (a conforming loan), including principal & interest $2,237, estimated property tax $249, STR-grade insurance $302, and HOA dues $340. Estimate only; not a loan offer.
| Principal & interest | $2,237/mo |
|---|---|
| Property tax (est.) | $249/mo |
| STR-grade insurance (est.) | $302/mo |
| HOA dues | $340/mo |
| Estimated total | $3,128/mo |
Assumes 20% down, 30-year fixed at 6.89% (Mortgage News Daily, as of September 8, 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 |
|---|---|---|---|
| 5.89% | $2,014/mo | $2,905/mo | -$223/mo |
| 6.39% | $2,124/mo | $3,015/mo | -$113/mo |
| 6.89% | $2,237/mo | $3,128/mo | current |
| 7.39% | $2,352/mo | $3,243/mo | +$115/mo |
| 7.89% | $2,469/mo | $3,360/mo | +$232/mo |
Principal & interest on a 30-year fixed at 20% down ($340,000 loan), with property tax, insurance, and HOA held constant at $891/mo. Current 30-year fixed 6.89% (Mortgage News Daily, as of September 8, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 610 21st Ave N 305 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 $2,237/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 37203 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $612 | $610 median | - |
| Price position | 50th pctile | 0% 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 September 9, 2026.
At $612/sq ft, this Airbnb ranks in the 50th percentile of the active Airbnbs in Nashville 37203 by 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 September 9, 2026, refreshed weekly.
| Active listings | 343 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 23.3 sales / mo |
| Months of inventory | 14.7 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 September 7, 2026.
610 21st Ave N 305 sits in The 1865, Nashville, Davidson County.
In Nashville 37203, homes there are priced around $610 per square foot; inventory in Nashville 37203 condos is running at about 14.7 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.
Approximately 1.4 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 610 21st Ave N 305 - 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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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.
I have personally closed over 550 Nashville Airbnb transactions. Three years of MLS data across 31 Airbnb-eligible Nashville buildings: 111 closed sales worth $86.6 million, East Nashville leading on velocity and dollar volume, and the 2026 record holder at Alora.
As of the latest update (June 20, 2026), 610 21st Ave N 305, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
610 21st Ave N 305, Nashville is listed at $425,000, about $612 per square foot across 694 square feet.
1 bedroom and 1 bathroom.
About $612 per square foot ($425,000 across 694 sqft).
610 21st Ave N 305, Nashville was built in 1865.
No garage is reported in the listing.
HOA dues are $340 per month, as listed.
610 21st Ave N 305, Nashville is in The 1865 subdivision of Nashville.
About $3,128 a month with 20% down on a 30-year fixed at 6.89%, principal and interest $2,237, estimated property tax $249, insurance $302, and HOA $340. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
610 21st Ave N 305, 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 $612 per square foot, 610 21st Ave N 305, Nashville ranks in the 50th percentile of active Nashville 37203 listings by price 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 14.7 months of inventory, per RealTracs as of September 7, 2026.
Thinking of selling in The 1865?
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