1037C Scovel St, Nashville, TN 37208, Nashville, 37208 - 4 bed, 4 bath
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Nashville, TN 37208
This Turnkey Short-Term Rental Asset is a High-Potential Investment Opportunity, listed at $1,197,000—positioned slightly above the $1,144,845 Fair Market Value. While priced at market, the property offers immediate income potential as a Zoned DTC NOO STR with all bookings transferring. Featuring an Excellent Condition Rating and a Rooftop Deck with skyline views, this 2020-built home requires no capital expenditure. Its prime location near Broadway makes it a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a luxury Nashville residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037C Scovel St Subject | $1,197,000* List Price | 4 | 4 | 2,133 | $537 | - |
A 1313 5th Ave N 2 Sold | $1,060,000 | 3 | 5 | 2,245 | $472 | 0.5 mi |
B 705 Taylor St Sold | $920,000 | 2 | 3 | 1,860 | $495 | 0.4 mi |
C 705 Taylor St Sold | $920,000 | 2 | 3 | 1,860 | $495 | 0.4 mi |
D 1026 Jefferson Street Active | $1,225,000 List Price | 4 | 5 | 2,231 | $549 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property meets the highest standards of condition, having been built in 2020 and fully renovated/reimagined in early 2025. The interior features premium modern finishes, including a kitchen with a waterfall quartz island, high-end stainless steel appliances, and contemporary pendant lighting. The home boasts pristine light wood flooring, designer fixtures, and a well-maintained rooftop deck. With all systems and aesthetic components being virtually new or recently updated, there is no evidence of deferred maintenance.
Zoned DTC with rare Non-Owner Occupied Short-Term Rental eligibility, this property is a turnkey, high-yield investment with all future bookings and furnishings included.
Situated less than two miles from Broadway and the Gulch, the home offers exceptional access to Nashville's premier dining and entertainment districts.
The private rooftop deck provides sweeping views of the Tennessee State Capitol and downtown skyline, serving as a premium amenity for guests and residents.
With a lot size of only 871 square feet, the property lacks traditional yard space, which may limit appeal for buyers seeking private outdoor ground-level areas.
As an attached Horizontal Property Regime (HPR) unit, the home shares walls with neighbors, potentially leading to noise transfer and less privacy compared to a detached residence.
Welcome to the Scovel Loft!! Fully renovated and reimagined in early 2025, this 4-bedroom, 4-bath attached HPR presents a rare opportunity to own a commercially zoned, high-performing short-term rental in the heart of Nashville. Zoned DTC with NOO STR eligibility, the property is currently operating as a successful Airbnb and offers exceptional flexibility—continue running it as a high-yield investment or enjoy it as a luxury personal residence in the city. Ideally located less than two miles from Broadway and The Gulch and just minutes from Germantown, the home provides easy access to Nashville’s best dining, nightlife, and entertainment. Inside, three levels of thoughtfully designed interiors feature spacious en-suite bedrooms, modern finishes, and a layout perfectly suited for hosting. Additional highlights include a two-car garage and a rooftop deck with sweeping views of the Capitol and downtown skyline—an ideal space for entertaining or relaxing under the city lights. Being sold fully furnished with stylish décor and high-end finishes, this property is completely turnkey. All future bookings transfer to the new owner, providing immediate income potential, and a pro forma is available upon request for buyers seeking a strong performing Nashville STR.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,133 | 1,921 | 67% |
| Lot Size | 871 | 871 | 50% |
| Price | $1.20M | $525.0K | 93% |
| Price per sq ft | $561 | $273 | 93% |
| Built year | 2020 | 2020 | 50% |
| HOA | $265 | $0 | 93% |
| Days on market | 98 | 320 | 7% |
May 20, 2026
$1,197,000
$1,249,000
-4% Price Drop
Initial Listing
Apr 26, 2026
$1,249,000
$1,299,000
-4% Price Drop
Initial Listing
Mar 10, 2026
$1,299,000
Initial Listing