1028 1st Ave N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This Strong Value Opportunity is a NOO STR Eligible Condominium listed at $375,000, positioned above the $350,105 Fair Market Value. While priced slightly above market, the property’s DTC Zoning and NOO STR eligibility provide a rare, high-demand revenue stream in downtown Nashville. Featuring a Brand New Bathroom, Riverfront Views, and Pool Access, this unit maintains a Condition Rating of 3. Its prime walkability to Broadway and Nissan Stadium ensures consistent occupancy. This is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking immediate, turn-key cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 1st Ave N Subject | $375,000* List Price | 1 | 1 | 630 | $556 | - |
A 1018 1st Ave N Active | $414,900 List Price | 1 | 1 | 630 | $659 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986 (38 years old), the property exceeds its age-based 'Poor' rating due to a brand-new bathroom renovation and its status as a turn-key, fully furnished unit. It is move-in ready and functional for immediate short-term rental use, fitting the criteria for a well-maintained property with recent updates.
Zoned DTC and NOO STR eligible, this property offers a rare and lucrative opportunity for legal non-owner occupied short-term rentals in a high-demand Nashville market.
The unit boasts an exceptional location within walking distance to Broadway, Nissan Stadium, and Germantown, ensuring high guest appeal and consistent occupancy rates.
Positioned on the third floor with no neighbors above, the condo features a private balcony with scenic river views, offering a premium experience compared to lower-level units.
At 630 square feet, the unit is relatively small, which may limit its functionality for guests with significant luggage or those preferring a more spacious floor plan.
Constructed in 1986, the property may face higher long-term maintenance requirements or capital expenditures compared to the newer luxury developments in the downtown area.
Cute Unit! Brand New Bathroom! Pool, Riverview, Location Location!—NOO STR / NOOSTR eligible and zoned DTC, making it one of the few remaining opportunities for legal Non-Owner Occupied short-term rentals in the city. This fully furnished, turn-key condo is ready for immediate revenue. Located on the desirable 3rd floor with no neighbors above, it offers a private balcony, free parking, and pool access—amenities that set it apart and boost guest appeal. Walkable to Broadway, Nissan Stadium, Riverfront Park, Germantown, First Horizon Park, Brooklyn Bowl, and more. High-demand location! This one checks the boxes for the Airbnb Algorithms and many of Riverfront's listings stay on the first page of the Airbnb search in Nashville!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 630 | 1,090 | 6% |
| Lot Size | 436 | 871 | 25% |
| Price | $375.0K | $883.8K | 13% |
| Price per sq ft | $595 | $648 | 50% |
| Built year | 1986 | 2008 | 25% |
| HOA | $394 | $760 | 19% |
| Days on market | 31 | 294 | 6% |
May 6, 2026
$375,000
Initial Listing