635 7th Ave S 406, Nashville, TN 37203
635 7th Ave S 406, Nashville, TN 37203, Active at $799,950 ($820/sq ft). 2 bd · 1 ba · 975 sqft · $820/sqft · 0.02 ac.
635 7th Ave S 406, Nashville, TN 37203, Active at $799,950 ($820/sq ft). 2 bd · 1 ba · 975 sqft · $820/sqft · 0.02 ac.
Active · $799,950
MLS #3531757 · listed September 1, 2026 · 59 days on market · updated September 3, 2026
2-bed, 1-bath residence at 635 7th Ave S 406 in Hyve, Nashville, 975 sqft, $799,950 ($820/sqft), by Jones Properties.
635 7th Ave S 406 is a 2-bedroom, 1-bath Airbnb in Nashville, TN 37203, offered at $799,950, about $820/sq ft across 975 sq ft.
All-in, about $5,909/mo at 20% down (7.29% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $1,526/mo, roughly 26% of the all-in monthly payment.
At the current 7.29% 30-year rate, principal and interest on this Airbnb runs about $4,383/mo; at the 6.83% rate of about three months ago it would be roughly $4,185/mo, so monthly P&I is about $198 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 406 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 3, 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.
A turnkey Nashville STR opportunity is now available at HYVE, one of Downtown Nashville's premier non owner occupied short term rental communities. This fully furnished 2 bedroom, 1 bath residence is move in ready and includes approximately $40,000 in furnishings, décor, and cosmetic upgrades that convey with the sale. The unit offers a stylish open concept layout, resort style amenities including a pool, fitness center, community lounge, cabanas, fire pits, outdoor gathering areas, concierge, and gated garage parking. Located just minutes from Broadway, The Gulch, Music City Center, Bridgestone Arena, and Nashville's top dining and entertainment, this property is ideally positioned for both personal enjoyment and investment. Zoned for NOO STR, the building is one of Nashville's most sought after short term rental destinations, with professional STR management and lender resources available for buyers.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 635 7th Ave S 406 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $799,950 | ||
| Deed recorded | $855,000 | ||
| Deed recorded | $875,000 |
Listed September 1, 2026, this listing has been on the market 59 days as of October 30, 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 406 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 | $799,950 | Realtracs MLS #3531757 | |
| Sold | $855,000 | Realtracs MLS #2695060 | |
| Sold (public record) | $855,000 | Public record | |
| Under contract | n/a | Realtracs MLS #2695060 | |
| Listing removed | n/a | Realtracs MLS #2695060 | |
| Listed for sale | $875,000 | Realtracs MLS #2695060 | |
| Sold (public record) | $875,000 | Public record |
Realtracs listing activity before December 27, 2024 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 406 by year: $105,000 in 2022 to $803,600 in 2025, a change of +665%. 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 | $621,600 | $0 | $803,600 | ROLL |
| 2024 | $105,000 | $488,300 | $0 | $593,300 | ROLL |
| 2023 | $105,000 | $488,300 | $0 | $593,300 | 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 406 at $799,950: 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 | $799,950 |
|---|---|
| HOA dues | $640 / 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 406 is about $5,909/mo, 20% down on a 30-year fixed at 7.29% (a conforming loan), including principal & interest $4,383, estimated property tax $469, STR-grade insurance $417, and HOA dues $640. Estimate only; not a loan offer.
| Principal & interest | $4,383/mo |
|---|---|
| Property tax (est.) | $469/mo |
| STR-grade insurance (est.) | $417/mo |
| HOA dues | $640/mo |
| Estimated total | $5,909/mo |
Assumes 20% down, 30-year fixed at 7.29% (Mortgage News Daily, as of October 29, 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 |
|---|---|---|---|
| 6.29% | $3,957/mo | $5,483/mo | -$426/mo |
| 6.79% | $4,168/mo | $5,694/mo | -$215/mo |
| 7.29% | $4,383/mo | $5,909/mo | current |
| 7.79% | $4,602/mo | $6,128/mo | +$219/mo |
| 8.29% | $4,826/mo | $6,352/mo | +$443/mo |
Principal & interest on a 30-year fixed at 20% down ($639,960 loan), with property tax, insurance, and HOA held constant at $1,526/mo. Current 30-year fixed 7.29% (Mortgage News Daily, as of October 29, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 635 7th Ave S 406 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 $4,383/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 | $820 | $769 median | - |
| Price position | 62nd pctile | +7% vs median | - |
| Hyve vs Nashville 37203 area | - | +30% | - |
This listing beside the active Hyve market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 31, 2026.
This listing beside the active Hyve market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 30, 2026.
Among the 11 active Airbnbs in Hyve, this Airbnb at $820/sq ft falls in the 62nd percentile on price per square foot.
Hyve trades about 30% above Nashville 37203 area on a price-per-square-foot basis.
Taken together, this Airbnb reads in line with Hyve on a per-square-foot basis.
Computed by Grant Hammond from 11 Hyve comparables (Realtracs via IDX), as of October 31, 2026, refreshed weekly.
| Active listings | 353 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 36.8 sales / mo |
| Months of inventory | 9.6 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 28, 2026.
635 7th Ave S 406 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 9.6 months, a buyer-favored market; recent sales in Nashville 37203 closed near 97.2% of list price; 129 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 30, 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 406 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 635 7th Ave S 406, by price and size.
Listed by Lauren Hathaway, Jones Properties. 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 (September 3, 2026), 635 7th Ave S 406, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
635 7th Ave S 406 was listed on September 1, 2026 and has been on the market 59 days as of October 30, 2026, per Realtracs.
No. The asking price has been $799,950 since it was listed on September 1, 2026.
635 7th Ave S 406, Nashville is listed at $799,950, about $820 per square foot across 975 square feet.
2 bedrooms and 1 bathroom.
About $820 per square foot ($799,950 across 975 sqft).
635 7th Ave S 406, Nashville was built in 2023.
Yes, 1 garage spaces, per the listing.
HOA dues are $640 per month, as listed.
635 7th Ave S 406, Nashville is in the Hyve subdivision of Nashville.
About $5,909 a month with 20% down on a 30-year fixed at 7.29%, principal and interest $4,383, estimated property tax $469, insurance $417, and HOA $640. 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 406, 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 $820 per square foot, 635 7th Ave S 406, Nashville ranks in the 62nd percentile of active Hyve listings by price per square foot, roughly 7% above the Hyve median; recent comparable sales in Hyve closed near $445 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 9.6 months of inventory; recent sales have closed near 97.2% of list price over the past year, per Realtracs as of October 28, 2026.
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