1111 Sharpe Ave A, Nashville, TN 37206, Nashville, 37206 - 4 bed, 4 bath
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Nashville, TN 37206
This Premier NOO STR Investment Asset is listed at $725,000, representing a stable entry point near its $713,724 Fair Market Value. Boasting an Excellent Condition Rating, this 2021 construction features a high-yield floor plan with 4 en-suite bedrooms, a chef-inspired kitchen, and a rare 2-car garage. Its fully approved non-owner occupied short-term rental permit offers immediate income potential in a high-demand East Nashville location near Five Points. This turnkey property is a strategic acquisition for Short-Term Rental Investors or Portfolio Diversifiers seeking a high-performance urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 Sharpe Ave A Subject | $725,000* List Price | 4 | 4 | 2,168 | $329 | - |
A 1100 Greenwood Ave Sold | $580,000 List Price | 4 | 4 | 2,168 | 0.1 mi | |
B 2010 Benjamin St Sold | $710,000 | 3 | 4 | 2,200 | $323 | 0.7 mi |
C 1109 Sharpe Ave Active | $795,000 List Price | 4 | 4 | 2,168 | $367 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2021, making it only three years old and well within the 'excellent' criteria. The interior features high-end finishes including a chef-inspired kitchen with modern grey cabinetry, quartz countertops, and stainless steel appliances. The home boasts natural wood flooring, contemporary recessed lighting, and designer fixtures throughout. As a relatively new construction currently operating as a luxury short-term rental, all systems and components appear to be in pristine condition with no signs of deferred maintenance.
The property is a fully approved non-owner occupied short-term rental (NOO STR), a rare and highly valuable designation in Nashville that ensures immediate income potential for investors.
With four spacious bedrooms each featuring a private en-suite bathroom, the floor plan is perfectly tailored to maximize guest privacy and command premium nightly rates.
The inclusion of a two-car garage and two private balconies provides significant competitive advantages and convenience rarely found in comparable East Nashville urban assets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2168, other record living area = 2280.
The assigned high school carries a low performance rating of 2, which may limit the property's appeal to long-term family buyers should the short-term rental market fluctuate.
The very small lot size of 871 square feet means there is virtually no private yard or green space, a common trade-off for dense urban townhome living.
Premier Luxury Investment Opportunity in East Nashville — a rare offering combining sophisticated design, prime location, and exceptional income potential. Ideally situated just minutes from Five Points, Nissan Stadium, and downtown Nashville, this fully approved NOO STR (non-owner occupied short-term rental) delivers both lifestyle and performance. This newly constructed, design-forward townhome features 4 spacious bedrooms, each with a private en-suite bath, offering an elevated guest experience tailored to high-end short-term rental demand. The open-concept living space is complemented by a chef-inspired kitchen, refined finishes, and natural wood flooring throughout—curated for both durability and aesthetic appeal. Two private balconies and a highly sought-after 2-car garage enhance the property’s exclusivity and guest desirability—features rarely found in comparable urban assets. Positioned in one of Nashville’s most vibrant and rapidly appreciating neighborhoods, this property is currently operating as a successful short-term rental, offering immediate income with long-term upside. Its proven performance and luxury appeal make it an exceptional addition to any discerning investor’s portfolio. A true turnkey asset delivering on location, design, and return—this is East Nashville investing at its finest.
No exterior & parking available.
Grades PK-4 • 1.5 mi
Grades PK-4 • 1.5 mi
Grades 5-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,168 | 1,968 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $725.0K | $270.0K | 83% |
| Price per sq ft | $334 | $153 | 83% |
| Built year | 2021 | 2017 | 83% |
| HOA | $175 | $175 | 50% |
| Days on market | 24 | 912 | 17% |
Mar 29, 2026
$725,000
Initial Listing