1020 Wedgewood Ave, Nashville, TN 37203, Nashville, 37203 - 4 bed, 4 bath
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Nashville, TN 37203
This Turnkey Nashville Townhome is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,134,243 Fair Market Value by 7%. This valuation gap provides $84,243 in Instant Equity. Boasting an Excellent Condition Rating, the property features a rooftop deck with city skyline views and a transferable NOO STR permit via LLC sale. Its prime location near 12th South and The Gulch ensures high demand, supported by access to Glendale Elementary School. This is an elite acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 Wedgewood Ave Subject | $1,050,000* List Price | 4 | 4 | 2,884 | $393 | - |
A 602 Southgate Avenue B Active | $1,149,000 List Price | 4 | 4 | 2,490 | $461 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property falls within the 10-year window for an excellent rating. The images reveal high-end contemporary finishes, including modern geometric light fixtures, extensive decorative wall paneling, and premium hardwood flooring throughout. The home appears to be in pristine condition with no signs of physical depreciation, and the conversion of the garage into a finished games room further demonstrates the high quality of the interior maintenance and upgrades.
Elementary School: Glendale Elementary School (9/10).
The property offers a rare opportunity for a transferable Non-Owner Occupied Short Term Rental (NOO STR) permit via an LLC sale, making it an ideal turn-key asset for Airbnb or VRBO investors.
Boasting exceptional walkability to 12th South, The Gulch, and Wedgewood Houston, the home is perfectly positioned near Nashville's most desirable dining, shopping, and entertainment hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2884, other record living area = 2758. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is zoned for several schools with low ratings, including high schools rated as 2/10, which may limit its appeal to families prioritizing public education.
The garage has been converted into a games room; while beneficial for short-term rentals, it removes traditional covered parking and secure storage for a primary resident.
Walk to 12th South, Edgewood and The Gulch. This centrally located townhome close to Wedgewood Houston & the interstate is a perfect location to either make your primary residence or continue to operate it as a NOO STR (Airbnb / VRBO). One of the largest available floor plans in this style of home at almost 3000 sqft. The home features 4 huge bedrooms, 3.5 bathrooms, a large garage currently finished out as a phenomenal games room, & an abundance of outdoor space on the rooftop, perfect for entertaining. This property is being offered as a traditional home sale or as an Llc sale which would include the transfer of the NOO STRP. (Non-Owner Occupied Short Term Rental Permit). Sold turn-key, fully furnished.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 1.1 mi
Grades K-4 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 86% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,884 | 1,430 | 93% |
| Lot Size | 1,307 | 653.5 | 93% |
| Price | $1.05M | $481.2K | 93% |
| Price per sq ft | $364 | $330 | 71% |
| Built year | 2018 | 2016 | 64% |
| HOA | $150 | $185 | 21% |
| Days on market | 50 | 1100 | 7% |
Mar 3, 2026
$1,050,000
Initial Listing