1021 31st Ave N, Nashville, TN 37209, Nashville, 37209 - 10 bed, 5 bath
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Nashville, TN 37209
Analysis of 1021 31st Ave N, Nashville, TN 37209 is currently available with a list price of $1,099,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1930, the property has undergone a full high-end renovation within the last 5 years. It features brand new systems including a 400-amp electrical service, new HVAC units, and updated plumbing. The interior boasts modern kitchens with stainless steel appliances, new flooring, and updated bathroom fixtures, placing it in mint condition.
The property features a massive 10-bedroom, dual-kitchen layout optimized for a highly lucrative rent-by-the-room or co-living strategy, maximizing rental yield from day one.
Situated just steps from the Tennessee State University campus, the property is ideally positioned to capture consistent, premium demand for student housing.
Fully renovated to eliminate deferred maintenance, featuring brand new HVAC, plumbing, 400-amp electrical service, and durable finishes tailored to withstand high-occupancy tenancy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 8.
The 10-bedroom co-living configuration requires intensive property management, individual lease tracking, and higher operational oversight compared to standard single-family rentals.
The basement and attic remain unfinished, requiring additional capital investment and construction from the buyer to unlock the property's maximum square footage potential.
STOP looking for standard single-family yields and step into a high-performance, income-generating asset designed to maximize your portfolio's cash flow from day one. Located steps from the heart of the Tennessee State University campus, this massive, fully renovated 1930s brick property seamlessly blends classic character with modern, high-capacity functionality. Priced competitively this asset boasts an incredible footprint of 10 bedrooms, 4 full bathrooms, 1 half bath, 2 laundry rooms, 1 mud room and 2 fully equipped kitchens. It is optimized for a highly lucrative "Rent-by-the-Room", group home or co-living strategy. Thanks to the brilliant layout and dual kitchens, the home offers incredible structural flexibility. A premium student housing hub, or a massive primary residence with a built-in income-generating accessory space. This asset has been updated to eliminate deferred maintenance while preserving its original 1930s soul. New Features include 400 amp electrical service, plumbling, bathroom fixtures, appliances. HVAC, Flooring and more! Brand new modern, sleek, durable finishes designed to withstand student tenancy! The home also has an unfished based and attic that could increase the usable square footage and value of the asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,129 | - |
| Lot Size | 14,810 | - |
| Price | $1.10M | $556.8K |
| Price per sq ft | $266 | $306 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 484 |
Jun 13, 2026
$1,099,999
Initial Listing