1012C 18th Ave S 3, Nashville, TN 37212, Nashville, 37212 - 4 bed, 4 bath
Loading property details...
1012C 18th Ave S 3
Nashville, TN 37212
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,956Sq Ft
0Lot Size
Property Price
LIST PRICE$1,325,000
EST. MARKET VALUE
$1,315,508
SUMMARY
This High-Potential Investment Opportunity is a purpose-built, non-owner occupied short-term rental asset listed at a List Price of $1,325,000—positioned well below the $1,392,732 Fair Market Value by 4%. This valuation gap offers $67,732 in Instant Equity. Featuring a Mint Condition Rating and a private deck, this 4-bed/4-bath property on Music Row is optimized for immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a turnkey, high-demand Nashville asset.
Estimated Market Value
$1,315,508
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012C 18th Ave S 3 Subject | $1,325,000* List Price | 4 | 4 | 1,956 | $673 | - |
A 1520 Edgehill Ave Active | $1,275,000 List Price | 3 | 4 | 1,973 | $646 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint condition. The kitchen and bathrooms feature modern, high-end finishes including quartz countertops, contemporary cabinetry, and glass-enclosed showers. As a newer construction, all major systems (HVAC, Electric) are well within their initial life cycle, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premier STR Location
Situated on famous Music Row and walkable to Broadway, Edgehill Village, and Vanderbilt University, this property occupies a high-demand epicenter for Nashville tourism.
- Non-Owner Occupied Zoning
Purpose-built for short-term rentals with rare non-owner occupied eligibility, providing a significant legal advantage in Nashville’s restrictive regulatory environment.
- Turnkey Investment Ready
Offered as a fully designed, turnkey asset with professional management in place and a 4-bed/4-bath configuration optimized for maximum occupancy and immediate cash flow.
CONSRISKS & DEFICIENCIES
- Premium Price Point
At a list price of $1.325M, the property requires a substantial initial capital investment, which may result in a lower cap rate compared to emerging, less-saturated markets.
- High Market Competition
Located in a densely populated short-term rental corridor, the property faces intense competition from numerous similar luxury units, requiring aggressive marketing to maintain high occupancy.
About 1012C 18th Ave S 3
NON-OWNER OCCUPIED AIRBNB IN PREMIER LOCATION! Welcome to The Grove at Musica where location reigns supreme over any other short-term rental offering. With proximity to Broadway that few, if any, can beat, The Grove offers second home owners and savvy investors alike the opportunity to capitalize on an acclaimed corridor that continues to evolve and sophisticate. Purpose built for short-term rental (Airbnb, VRBO), zoning and permitting were top of mind. On famous Music Row and surrounded by the history that keeps music fans flocking to Nashville, this property is walkable to the coffee, dining, and shops of Edgehill Village, moments to the bars and nightlife on Demonbreun, Midtown, and Broadway, and the refined offerings of WEHO and The Gulch. Positioned across from Vanderbilt University and the 10-acre Scarritt Bennett Center, The Grove is at the very epicenter of every "it" neighborhood in Nashville. Offered as a turnkey short-term rental asset with a premier management company in place, this notable property is fully designed for premium returns and long-term success. The ideal tax advantage vehicle via cost segregation and bonus depreciation. Proforma available upon request.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2019
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,956 | 1,538.436 |
| Lot Size | - | 871 |
| Price | $1.32M | $358.6K |
| Price per sq ft | $677 | $240 |
| Built year | 2019 | 2004 |
| HOA | $250 | $250 |
| Days on market | 89 | 79 |
Pricing History
Listed for Sale
Jun 12, 2026
$1,325,000
Initial Listing