107 Elmhurst Ave, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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Nashville, TN 37207
This High-Potential Investment Opportunity is listed at $889,000, positioned slightly above the $887,063 Fair Market Value. Featuring NOO-STR Zoning and 2025 New Construction, this asset offers a Condition Rating of 2 with modern finishes and a 300 sf rooftop deck providing panoramic skyline views. Its proximity to the Oracle HQ and River North development ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a turnkey, high-yield asset in a rapidly appreciating corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 107 Elmhurst Ave Subject | $889,000* List Price | 3 | 4 | 1,781 | $498 | - |
A 1104 Baptist World Center Drive 1 Sold | $1,100,000 | 4 | 4 | 1,844 | $597 | 0.3 mi |
B 1409 Napoleon Sold | $925,000 List Price | 4 | 4 | 1,844 | 0.3 mi | |
C 1132 Brick Church Pike Sold | $1,055,000 | 4 | 4 | 2,020 | $522 | 0.2 mi |
D 1130 Brick Church Pike Sold | $1,053,000 | 4 | 4 | 2,020 | $521 | 0.2 mi |
E 1128 Brick Church Pike Sold | $1,045,000 | 4 | 4 | 2,020 | $517 | 0.2 mi |
F 1307 Baptist World Center Drive A Sold | $1,050,000 | 4 | 4 | 1,979 | $531 | 0.4 mi |
G 9 Fern Ave Active | $799,999 List Price | 3 | 4 | 1,742 | $459 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction featuring modern contemporary finishes, new HVAC systems, and mint-condition bathrooms with dual vanities and designer tile. No maintenance required.
The property features highly coveted Non-Owner Occupied Short-Term Rental zoning, allowing for maximum investment flexibility and high income potential without residency requirements near downtown Nashville.
Positioned near the multi-billion-dollar River North development and Oracle HQ, the home offers sweeping views of the Nashville skyline and the new Tennessee Titans stadium.
This 2025 new construction includes a 300-square-foot rooftop deck and a two-car garage, providing the high-end outdoor space and parking essential for luxury rental performance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1781, other record living area = 1830.
The property is listed as a Stock Cooperative, an uncommon ownership type in the Nashville market that can often complicate traditional mortgage financing and resale.
With twelve similar units in the same development and others nearby by the same developer, investors may face significant internal competition for short-term rental bookings.
Opportunity to own one of twelve NOO-STR contemporary, elevated townhomes just minutes from downtown Nashville, offering sweeping city and elevated scenic views, including views of the new Tennessee Titans stadium. These 3-bedroom, 3.5-bath homes feature modern construction, open-concept living and private outdoor spaces designed to capture the skyline. End unit with 300 sf of rooftop deck and 2-car garage. NOO-STR zoning, allowing short-term rentals (Airbnb/Vrbo) with no owner-occupancy requirement — a true rarity this close to downtown and ideal for investors seeking appreciation and strong income potential. Bonus depreciation 2026 remains at 100% under current law. Airbnb bonus depreciation rules allow full first-year expensing for qualifying property acquired and placed in service after Jan 19, 2025 under the One Big Beautiful Bill Act through Cost Segregation study. Located directly up the street from the multi-billion-dollar River North development, Nashville’s future waterfront district anchored by Oracle’s headquarters campus, along with planned retail, dining, hotels, greenways, and riverfront amenities. This area is positioned for significant long-term appreciation as development continues along with all of the Dickerson Pike/Trinity Lane development. With limited supply, elevated positioning, city and horizon views, and unmatched zoning flexibility, these homes present a compelling opportunity for both immediate rental income and long-term upside. Buy now ahead of River North’s full completion. Others for sale beside each other by same developer: 13A, B, C Fern Ave. 101, 103, 105 Elmhurst. 3, 5, 7, 9, 11 Fern Ave.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,781 | 1,858 | 21% |
| Lot Size | 871 | - | 83% |
| Price | $889.0K | $475.0K | 66% |
| Price per sq ft | $499 | $264 | 66% |
| Built year | 2025 | 2025 | 50% |
| HOA | $259 | $200 | 79% |
| Days on market | 88 | 451 | 3% |
Mar 18, 2026
$889,000
Initial Listing