Short Term Rentals Allowed! Live (or host) right in the middle of one of Nashville’s best “in-town” neighborhoods. Studio 1 Lofts is NOOSTR approved and perfectly positioned in Melrose near 12 South, Berry Hill, and Wedgewood-Houston—plus quick access to Belmont, Vanderbilt, The Gulch, and downtown. Easy studio living with fresh paint, LVT, tile bath, an efficient kitchen, and on-site laundry facilities. Cool off in the in-ground pool and enjoy low-maintenance ownership—HOA covers exterior/grounds, pool maintenance, and trash. Can be sold furnished or unfurnished. Community laundry in basement
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $550 per square foot, compared with a $420 median for active 1-bedroom homes in Nashville. Its asking price falls near the 34th percentile of that active group. The comparison uses 565 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 35 days, while the current cohort averages 62 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $1,107,500, and the median is $403 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 816 Hillview Hts | Aug 14, 2026 | 2 bd · 1,480 sqft | $575,000 | 0.1 mi |
| 943 Inverness Ave | Aug 27, 2026 | 4 bd · 3,822 sqft | $1,200,000 | 0.2 mi |
| 712 Melpark Dr | Jul 29, 2026 | 3 bd · 1,809 sqft | $675,000 | 0.2 mi |
| 2506 Vaulx Ln | Jul 8, 2026 | 3 bd · 2,081 sqft | $1,025,000 | 0.2 mi |
| 2507B Vaulx Ln | Aug 25, 2026 | 5 bd · 3,870 sqft | $1,725,000 | 0.2 mi |
| 2212 Grantland Ave | Jul 17, 2026 | 4 bd · 2,951 sqft | $1,190,000 | 0.3 mi |
| 2109 Elliott Ave | Aug 3, 2026 | 3 bd · 2,794 sqft | $1,275,000 | 0.3 mi |
| 2815 Vaulx Drive | Jun 30, 2026 | — | $325,000 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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