1118 Spurgeon Ave, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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Nashville, TN 37207
This High-Potential Investment Opportunity is a turnkey Non-Owner Occupied Short-Term Rental listed at $1,275,000, positioned slightly above the $1,233,324 Fair Market Value. Featuring a Mint Condition Rating, this 2023-built property offers high-end finishes, a Chef's Kitchen, and a Rooftop Deck with Skyline Views and a Private Hot Tub. While the school district ratings are low, the property’s proven $147,000 annual revenue and proximity to major developments like River North make it a premier asset for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Spurgeon Ave Subject | $1,275,000* List Price | 4 | 4 | 2,012 | $613 | - |
A 1313 Baptist World Center Dr B Active | $1,000,000 List Price | 4 | 4 | 1,771 | $565 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and less than 10 years old. It features high-end finishes including a chef's kitchen with quartz countertops, a primary suite with a luxury shower, and modern high-efficiency systems such as a tankless water heater and high-efficiency HVAC.
As a turnkey non-owner occupied short-term rental with a documented $147,000 gross revenue in 2025, this property offers immediate, high-yield cash flow for investors.
Positioned in a high-growth corridor near the River North and East Bank redevelopments, the property is poised for significant long-term appreciation driven by the new Titans Stadium and Oracle headquarters.
The expansive rooftop deck with skyline views and a private hot tub, along with a garage converted into an entertainment space, provides a distinct competitive advantage in the Nashville rental market.
The property is zoned for schools with low performance ratings, including a 1/10 for the high school and 3/10 for the middle school, which may deter future resale to traditional families.
With a lot size of only 871 square feet, the property offers virtually no private outdoor yard space, a common trade-off for high-density urban townhouse living.
NON-OWNER OCCUPIED SHORT-TERM RENTAL | $147,000 GROSS REVENUE IN 2025 Turnkey income-producing opportunity in one of Nashville's fastest-growing investment corridors. This professionally designed non-owner occupied short-term rental generated an impressive $147,000 in gross revenue during 2025 and is ideally positioned near the transformative River North and East Bank developments. Professionally designed and furnished, the home offers an open-concept layout filled with natural light, high-end finishes, and exceptional guest appeal. The garage has been transformed into a revenue driving entertainment space that has helped to propel guest interest and earnings. The chef's kitchen is equipped with a dual-fuel range, quartz countertops, and premium appliances, while the spacious primary suite features a luxurious double-head shower. Additional upgrades include LVT flooring, skylit stairwells, tankless water heater, high-efficiency HVAC, LED lighting, and an attached two-car garage. The crown jewel is the expansive rooftop entertainment deck complete with skyline views and a private hot tub—an amenity that consistently drives strong rental performance. Optional outdoor kitchen package available. Located just minutes from Downtown Nashville and directly adjacent to the multi-billion-dollar River North and East Bank redevelopment, this property benefits from proximity to the new Titans Stadium, Oracle headquarters, Topgolf, Station East, and countless future retail, office, residential, and entertainment projects reshaping the city's riverfront. Zoned MUL with a proven operating history, this property offers investors a rare combination of strong current cash flow and long-term appreciation potential in one of Nashville's most exciting growth areas.
No exterior & parking available.
Grades K-4 • 3.3 mi
Grades 5-8 • 9.6 mi
Grades 9-12 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,012 | - |
| Lot Size | 871 | - |
| Price | $1.27M | $354.0K |
| Price per sq ft | $634 | $243 |
| Built year | 2023 | 0 |
| HOA | $175 | $0 |
| Days on market | 22 | 187 |
Jun 15, 2026
$1,275,000
Initial Listing