11 Music Sq #E #608 Nashville, TN 37203 New
UPDATED: 07/13/2026 11:46 PM ON MARKET: 1 days on market
$2,980,000
12 Beds7 Baths5,450 SqFt
Key Details
Property Type Single Family Home
Sub Type High Rise
Listing Status Active
Purchase Type For Sale
Square Footage 5,450 sqft
Price per Sqft $546
Subdivision Spence Manor
MLS Listing ID 3278140
Bedrooms 12
Full Baths 7
HOA Fees $805/mo
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $3,080
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type High Rise
Property Description
**STR with a Cap rate of 8%+** Welcome to Spence Manor! A true icon of country music history with an enviable location in the heart of Music Row (and the correct zoning eligibility). This listing is for a portfolio of SIX UNITS (including a penthouse that sleeps 12), blends a prime location, rich storytelling, notable guest experience, and proven profitability within one of the area's most desirable corridors. Here, you and yours guests never sacrifice location and all units are fully renovated. Originally a hotel where Elvis, Johnny Cash, Dolly, and more stayed, the guitar-shaped pool sets the scene while live music from Demonbreun drifts up and down the sidewalks. This is an authentic Nashville experience that other buildings simply cannot touch. Walkable to Broadway, The Gulch, and Edgehill, and with parking on-site, this portfolio presents a turnkey opportunity for investors on Day 1 with a long-standing and proven track record of guest reviews and income. This premier location offers all of the touchpoints that guests are searching for, making these units a standout in a competitive short-term rental market. Option to connect two additional units together to create an additional 4 bed, 2 bath stay would further maximize profit. HOA includes: Water, Electricity, Exterior Maintenance, Grounds Maintenance, and Trash Pickup. Financials available. This is an active and very busy short-term rental! Showings will be scheduled around booking calendar.
Based on information submitted to the MLS GRID as of 07/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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