1042 1st Ave N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This riverfront condo represents a High-Potential Investment Opportunity, listed at $400,000—positioned above the $370,835 Fair Market Value. While priced slightly above market, the property’s DTC Zoning and NOO STR eligibility provide a turnkey asset for Buy-and-Hold Investors. Featuring a Condition Rating of 2, the unit includes a Granite Kitchen, River Views, and Pool access. Its prime location near Broadway and the East Bank ensures high rental demand, making this an ideal acquisition for Short-Term Rental Operators seeking a high-impact, income-generating property in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1042 1st Ave N Subject | $400,000* List Price | 1 | 1 | 630 | $589 | - |
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 new construction or fully renovated.
While built in 1986, the property has undergone a recent high-impact renovation within the last 5 years. The kitchen features modern grey shaker cabinets, granite countertops, and stainless steel appliances. The unit is in mint, turnkey condition with updated flooring and contemporary finishes throughout.
The property is zoned DTC and eligible for a Non-Owner Occupied Short-Term Rental (NOO STR) permit, offering a turnkey opportunity for Airbnb and VRBO investors in a high-demand market.
Ideally situated within walking distance to Broadway, Nissan Stadium, and Germantown, providing guests with easy access to Nashville's premier entertainment and dining hubs.
Recently renovated with modern finishes and high-impact décor, the unit features desirable river and pool views that enhance its attractiveness for short-term rental listings.
With only 630 square feet of living space, the compact interior may feel restrictive for guests or limit the property's appeal to long-term residents.
Built in 1986, the aging infrastructure of the complex may result in higher long-term maintenance costs or future special assessments compared to newer Nashville developments.
Recently renovated riverfront condo with river & pool views. Fully furnished and turnkey with stylish, high-impact décor that photographs well and drives repeat bookings. Sleeper sofa plus twin sleeper, sleeps 5. Zoned DTC and eligible for a NOO STR permit — ideal for Airbnb/VRBO investors. Courtyard location with Cumberland River and pool views from the deck. Stainless appliances and granite countertops. Hall-access bathroom for easy guest use. Second-floor unit. On-site fitness room and laundry. Assigned parking plus guest parking. Walkable to Broadway, Nissan Stadium, Germantown and First Horizon Park. Steps to the Nashville Greenway. Surrounded by major growth including East Bank and Neuhoff developments. NOO STR (the zoning you want as an investor is exactly this: NOOSTR) Airbnb and VRBO eligible. This one checks the boxes that drive booking algorithms: Pool, River View, City View, Walkable to Broadway, End unit, Free Parking, etc.
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 | $400.0K | $883.8K | 25% |
| Price per sq ft | $635 | $668 | 50% |
| Built year | 1986 | 2008 | 25% |
| HOA | $375 | $760 | 13% |
| Days on market | 18 | 302 | 6% |
May 26, 2026
$400,000
Initial Listing