#2886063, Grant Hammond, Broker, ABR, SRS, SFR, ePRO, Listing office: Compass RE

245 Hermitage Ave Unit 205 Nashville, TN 37210
Property details
About 245 Hermitage Ave Unit 205
This is Nashville's most exciting new boutique short-term rental building. Sophisticated and design-forward, Neopolitan is located just one mile from Broadway and purpose-built for maximum profitability and elevated guest experience. With a prime location placing your guests in the heart of everything Nashville has to offer, Neopolitan features a rooftop skylounge with fire tables, foosball, and panoramic views of the downtown skyline. Guests will enjoy a truly unique stay with rich interior finishes, high-tech building access, free on-site parking, 24/7 gym access, and beautifully curated common areas. A generous layout in this unit sleeps eight and offers the flexibility to customize your design direction. Ask about design credits and conventional financing options. Photos shown are of a similar unit. For investors, Neopolitan offers more than just rental income. Thanks to recent legislation, bonus depreciation for short-term rental properties like this one is back at 100%. This allows qualified buyers to potentially save over $100,000 in year-one taxes, making this one of the most powerful wealth-building tools available in today’s real estate market. When combined with cashflow and appreciation from proximity to major developments, Neopolitan delivers a smart, tax-advantaged investment in the heart of Music City.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Range, Smart Appliance(s)
- Basement: Yes
- Flooring Type: Tile
- Interior: Ceiling Fan(s), Smart Thermostat, High Speed Internet
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Parking: Parking Lot
- View: City
- Exterior: Smart Light(s), Smart Lock(s), Balcony
- Architectural Style: Contemporary
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $749,900
- Price/SqFt: $759
- HOA Amount: $411 Monthly
- Lot: Level
- Directions: From Downtown Nashville: East on 1st Avenue/Hermitage Avenue past Ascend Amphitheater until you reach NEO on your Right.
- Year Built: 2024
- Living Area: 987 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 2936526
- MLS Name: REALTRAC
- Office Name: Compass RE
- Office Phone: (615) 475-5616
- Office Email: Tyler.Graham@Compass.com
- Listing Agent: Grant Hammond, Broker, ABR, SRS, SFR, ePRO
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Price information
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Nearby schools
4
Napier Elementary School
Public Magnet PK-4
0.2 mi
•70 Donelson St
5
Explore Community School
Public Charter KG-5
0.9 mi
•707 S 7th St
4
KIPP Academy Nashville Elementary School
Public Charter PK-4
1.0 mi
•1000 Sevier St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,886. Residents of Nashville, TN typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 245 Hermitage Ave Unit 205
The listing price of 245 Hermitage Ave Unit 205 property is $749,900.
The property 245 Hermitage Ave Unit 205 is a condo located in Nashville, Tennessee, 37210.
Active Listing: 245 Hermitage Ave Unit 205 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 245 Hermitage Ave Unit 205 are: Napier Elementary School (GreatSchools Rating 4/10), Explore Community School (GreatSchools Rating 5/10), KIPP Academy Nashville Elementary School (GreatSchools Rating 4/10), LEAD Cameron College Preperatory School (GreatSchools Rating 5/10), STEM Preparatory Academy (GreatSchools Rating 5/10), Meigs Middle School (GreatSchools Rating 9/10), Lead Academy (GreatSchools Rating 2/10), Hume - Fogg High School (GreatSchools Rating 10/10), Nashville School of the Arts (GreatSchools Rating 6/10).
The property at 245 Hermitage Ave Unit 205 has 2 bedrooms and 2 bathrooms.
The property 245 Hermitage Ave Unit 205 is 987 SqFt (source: MLS/tax record).
The year of construction for 245 Hermitage Ave Unit 205 is 2024.
This home is located at 245 Hermitage Ave Unit 205 in Nashville, TN and zip code 37210 in the South Nashville neighborhood. This 987 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $749,900.
While more than 75 listings in Nashville, TN in June 2025 were sold above asking price, there were more than 200 listings sold at asking price, and more than 343 were sold below. The number of homes for sale in Nashville, TN increased by 7% between May and June 2025. While the average time on the market in June 2025 was 32 days, the median list price was $535,277.