1118 Spurgeon Ave, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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1118 Spurgeon Ave
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,012Sq Ft
871Lot Size
Property Price
LIST PRICE$1,275,000
EST. MARKET VALUE
$1,275,000
SUMMARY
This Prime Investment Opportunity is a turnkey Non-Owner Occupied Short-Term Rental listed at $1,275,000, which aligns with its $1,275,000 Fair Market Value. Featuring a Mint Condition Rating, this property generated $147,000 in 2025 gross revenue. Key assets include a rooftop deck with skyline views, a private hot tub, and a converted entertainment garage. Ideally positioned near the River North and East Bank developments, this high-yield asset is perfectly suited for Buy-and-Hold Investors or Portfolio Diversifiers seeking immediate, proven cash flow.
Estimated Market Value
$1,275,000
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Spurgeon Ave Subject 4 bd · 4 ba · 2,012 sqft · $634 | $1,275,000* List Price | 4 | 4 | 2,012 | $634 | - |
A 1411 Napoleon St Active 4 bd · 4 ba · 1,900 sqft · $474 · 0.1 mi | $899,900 List Price | 4 | 4 | 1,900 | $474 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is less than 10 years old and in mint, turnkey condition. It features high-end modern finishes, a chef's kitchen with quartz countertops, premium appliances, high-efficiency HVAC, a tankless water heater, and a luxury rooftop entertainment deck with a hot tub, requiring absolutely no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Proven Revenue Stream
As a turnkey non-owner occupied short-term rental with $147,000 in documented gross revenue for 2025, this property offers immediate and proven high-yield cash flow for investors.
- Strategic Investment Location
Positioned near the multi-billion-dollar River North and East Bank redevelopments, the property is poised for significant long-term appreciation driven by the new Titans Stadium and Oracle headquarters.
- Premium Guest Amenities
The expansive rooftop deck with skyline views and a private hot tub, combined with a converted entertainment garage, provides a competitive edge in the Nashville rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 791.
- Underperforming School District
The assigned public schools have very low ratings (ranging from 1 to 4), which may limit the property's resale appeal to traditional long-term residential families.
- Extended Market Time
With 103 days on the market, the property may be facing pricing resistance or a saturation of similar investment inventory in the immediate area.
About 1118 Spurgeon Ave
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.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2023
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175 / Month
Neighborhood Insights
Nashville Unified Schools
Robert E. Lilliard @ Kings Lane Design Center
Grades K-4 • 3.3 mi
4/10
Joelton Middle School
Grades 5-8 • 9.6 mi
3/10
Whites Creek Comp High School
Grades 9-12 • 6.1 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,012 | 1,551.684 |
| Lot Size | 871 | 871 |
| Price | $1.27M | $365.8K |
| Price per sq ft | $634 | $238 |
| Built year | 2023 | 2003 |
| HOA | $175 | $260 |
| Days on market | 131 | 83 |
Pricing History
Listed for Sale
Jun 15, 2026
$1,275,000
Initial Listing