245 Hermitage Ave 407 Ave, Nashville, TN 37210
245 Hermitage Ave 407 Ave, Nashville, TN 37210, sold for $549,900 on November 27, 2023 ($862/sq ft). 1 bd · 1 ba · 638 sqft · $862/sqft.
245 Hermitage Ave 407 Ave, Nashville, TN 37210, sold for $549,900 on November 27, 2023 ($862/sq ft). 1 bd · 1 ba · 638 sqft · $862/sqft.
Sold November 27, 2023 · $549,900
MLS #2561770 · listed July 21, 2023 · updated December 15, 2023
1-bed, 1-bath residence at 245 Hermitage Ave 407 Ave in NEO, Nashville, 638 sqft, sold for $549,900 on November 27, 2023 ($862/sqft), listed by Metropolitan Brokers.
245 Hermitage Ave 407 Ave, a 1-bedroom, 1-bath Airbnb in Nashville, TN 37210, sold for $549,900 on November 27, 2023, at its last list price, after 56 days on market, over the Nashville 37210 12-month median of 34 days. The listing described it as a Airbnb, walkable to downtown and Broadway. That is about $862/sq ft across 638 sq ft. It closed about 1% above its $545,800 county appraised value. Nashville 37210 Airbnb sales over the past 12 months: a median sale price of $509,950, up 6.2% from the year before; $318/sq ft, up 6.0% (94 closings, per Realtracs). There are 77 active listings in Nashville 37210 condos as of November 2, 2026, and sales there have closed near 99.7% of list in the 12 months to November 3, 2026.
Since this sale, Airbnbs in Nashville 37210 sold for a median $318/sq ft in the 12 months to November 3, 2026, down 13.6% from $368/sq ft in the 12 months to November 27, 2023, when this Airbnb closed (66 and 90 closings, per Realtracs). That is a measure of the area, not a value for this Airbnb.
Want a current value for this Airbnb? Ask Grant Hammond for a comparative market analysis.
The sale price was about 1% above its $545,800 county appraised value on the county record.
Timeline: listed July 21, 2023, under contract September 15, 2023 after 56 days on market, closed November 27, 2023, per Realtracs.
Time to sell: 56 days on market, over the 12-month median of 34 days for Nashville 37210 Airbnb sales (48 closings with a recorded listing period, per Realtracs).
Next step: ask Grant Hammond about Airbnbs for sale near 245 Hermitage Ave 407 Ave or what this sale means for a home you own nearby; he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 550+ Nashville short-term rental transactions. Sale recorded November 27, 2023 per Realtracs via IDX; market figures as of November 3, 2026.
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.
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Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 245 Hermitage Ave 407 Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Off market | |||
| Closed | $549,900 | +$0 (+0.0%) vs list | |
| Under contract | |||
| Listed | $549,900 |
Listed July 21, 2023, this listing was on the market 56 days before it went under contract. It closed on November 27, 2023 for $549,900 (+$0 (+0.0%) against the last list price).
County assessment from county public records; listing-cycle history tracked by the GH Market Engine.
245 Hermitage Ave 407 Ave sold for $549,900 on November 27, 2023, at its last list price. This Airbnb is no longer for sale; the figures below are the recorded sale, per Realtracs.
| Closing price | $549,900 |
|---|---|
| Closed | |
| Listed | |
| Under contract | |
| Days on market | 56 (listing to contract) |
| Last list price | $549,900 |
| Sale to list price | 100.0% |
| Area median days on market (12 mo) | 34 days, Nashville 37210 (48 closings) |
| County appraised value | $545,800 |
| Sale vs. appraised value | +1% |
| Price per sq ft at closing | $862 |
Closing price and date per Realtracs via IDX. Not an estimate of current value.
| Metric | This Airbnb | Recently sold |
|---|---|---|
| Sale price / sq ft | $862 | $295 median |
| Price position | - | ~99.7% of list |
| Recent closings | - | 39 sales |
This sale beside recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
Its sale at $862/sq ft compares with a median of $355/sq ft across the 169 active Airbnbs in Nashville 37210 as of November 3, 2026.
Computed by Grant Hammond from 169 Nashville 37210 comparables (Realtracs via IDX), as of November 3, 2026.
| Active listings | 77 in Nashville 37210 condos |
|---|---|
| Recent absorption | about 11.2 sales / mo |
| Months of inventory | 6.9 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37210 condos sold at about 99.7% of list price.
Recorded sales in Nashville 37210 condos: 94 in the past 12 months.
Supply-side and recent-sale context for Nashville 37210 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37210 condos closings. Source Realtracs via IDX, as of November 2, 2026.
245 Hermitage Ave 407 Ave sits in NEO, Nashville, null County.
In Nashville 37210, homes there are priced around $355 per square foot; inventory in Nashville 37210 condos is running at about 6.9 months, a buyer-favored market; recent sales closed near 99.7% of list price; 39 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 3, 2026.
Approximately 1.7 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 245 Hermitage Ave 407 Ave. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable Airbnbs that closed near 245 Hermitage Ave 407 Ave in the past 12 months, by price and size. Closing prices per Realtracs.
Comparable listings near 245 Hermitage Ave 407 Ave, by price and size.
Listed by Grant Hammond, Metropolitan Brokers. 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.
No. 245 Hermitage Ave 407 Ave, Nashville sold for $549,900 on November 27, 2023, per Realtracs. Ask Grant Hammond, Compass RE, about Airbnbs for sale nearby.
245 Hermitage Ave 407 Ave was listed on July 21, 2023 and went under contract on September 15, 2023, after 56 days on the market, per Realtracs.
No. The asking price has been $549,900 since it was listed on July 21, 2023.
$549,900, closing on November 27, 2023, at its last list price; about $862 per square foot across 638 square feet.
At the asking price: it sold for $549,900, its last list price, per Realtracs.
Per the listing, a Airbnb, walkable to downtown and Broadway. 638 square feet, 1 bedroom, 1 bathroom.
Nashville 37210 Airbnb sales over the past 12 months: a median sale price of $509,950, up 6.2% from the year before; $318/sq ft, up 6.0% (94 closings, per Realtracs).
Since the sale, Airbnbs in Nashville 37210 sold for a median $318/sq ft in the 12 months to November 3, 2026, down 13.6% from $368/sq ft in the 12 months to November 27, 2023, when this Airbnb closed (66 and 90 closings, per Realtracs). That is a measure of the area, not a value for this Airbnb.
It sold for $549,900, about 1% above its $545,800 county appraised value on the county record.
1 bedroom and 1 bathroom.
Year built is not reported.
245 Hermitage Ave 407 Ave, Nashville is in the NEO subdivision of Nashville.
56 days on market from listing to contract, over the 12-month median of 34 days for Nashville 37210 Airbnb sales (48 closings with a recorded listing period, per Realtracs).
At about $862 per square foot, it sold about 192% above the $295 median of 39 recent comparable closings in Nashville 37210, per Realtracs. Computed by Grant Hammond.
Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in NEO as they come up.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 550+ Nashville short-term rental transactions. Use the question form on this page.
Own a home near 245 Hermitage Ave 407 Ave?
This Airbnb sold for $549,900 on November 27, 2023. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in NEO.