1032 1st Avenue N, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
Loading property details...
Nashville, TN 37201
This Turnkey NOO STR Asset is listed at $629,000, representing a strategic premium over the $583,900 Fair Market Value due to its proven $80,000 annual income. Boasting a Condition Rating of 3, the property features new LVP flooring and a unique Swiftie-themed interior designed to maximize short-term rental bookings. As a rare top-floor unit, it offers unobstructed Cumberland River views within walking distance of Broadway and Nissan Stadium. This high-yield property is an ideal acquisition for Short-Term Rental Investors or Portfolio Managers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 1st Avenue N Subject | $629,000* List Price | 2 | 2 | 996 | $586 | - |
A 940 1st Ave N Sold | $562,000 | 2 | 2 | 996 | $564 | 0.0 mi |
B 940 1st Ave N Sold | $562,000 | 2 | 2 | 996 | $564 | 0.0 mi |
C 934 1st Ave N Sold | $669,000 List Price | 2 | 2 | 996 | 0.0 mi | |
D 964 1st Ave N Active | $580,000 List Price | 2 | 2 | 996 | $582 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has undergone an extensive cosmetic renovation within the last 5 years to serve as a themed short-term rental. Updates include new LVP flooring throughout, modern recessed and decorative lighting, and refreshed bathroom vanities. While the 1986 build date is reflected in the original cabinetry and layout, the overall maintenance and recent aesthetic upgrades meet the criteria for a high-quality, well-maintained unit.
The property is a rare Non-Owner Occupied Short Term Rental (NOO STR) with a documented $80,000 annual income, offering a turnkey opportunity for investors in a high-demand market.
Situated steps from Broadway, Nissan Stadium, and the Cumberland River, the unit's proximity to Nashville's premier entertainment and sports venues ensures consistent occupancy.
As a rare top-floor Riverfront unit, it offers stunning views of the Cumberland River and enhanced privacy, providing a competitive edge over other units in the complex.
Built in 1986, the property may face higher long-term maintenance requirements or potential special assessments compared to newer luxury developments in the area.
The $563 monthly association fee represents a significant fixed expense that impacts the net operating income and overall cash-on-cash return for investors.
**Non-Owner Occupied Short Term Rental, NOO STR, Airbnb/VRBO allowed** Top performing STR with $80,000 annual income. Super rare 2 bed/2 full bath top floor Riverfront unit. Unbeatable location overlooking the Cumberland River just steps away from famous Broadway, Horizon Park, the *new* Nissan Stadium, Ascend Amphitheater, Bridgestone Arena and more! Professionally decorated by Crystal Beckel of Avalon Blue Home for the fellow Swiftie lover and one that makes the scrollers STOP. Brand new furniture negotiable and new LVP flooring throughout. Community amenities include pool, fitness center, laundry facilities, outdoor area with firepit and covered parking. Proforma available upon request. Buyer/Buyer's agent to verify all pertinent information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 996 | 1,009 | 44% |
| Lot Size | 871 | 871 | 50% |
| Price | $629.0K | $838.8K | 44% |
| Price per sq ft | $632 | $633 | 50% |
| Built year | 1986 | 2008 | 28% |
| HOA | $563 | $715 | 33% |
| Days on market | 20 | 252 | 6% |
Apr 2, 2026
$629,000
Initial Listing