
Nashville, TN 37214
This OR-20 Zoned NOOSTR Asset represents a High-Potential Investment Opportunity, listed at $535,000—positioned above the $480,328 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating and proven cash flow with 80%+ occupancy rates. Featuring 3 ensuite bedrooms, a converted garage gameroom, and a strategic BNA Airport location, this turnkey unit is optimized for high-demand short-term rentals. This is a scalable acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate, income-producing Nashville real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 Fitzgerald Dr Subject | $535,000* List Price | 3 | 4 | 1,802 | $267 | - |
A 110 Fitzgerald Drive Sold | $504,900 List Price | 3 | 4 | 1,849 | 0.0 mi | |
B 608 Markham St Sold | $421,900 List Price | 3 | 3 | 1,732 | 0.1 mi | |
C 327 Seneca Dr Sold | $630,000 | 3 | 4 | 2,278 | $277 | 0.6 mi |
D 2734 Lakeland Dr Sold | $475,000 | 3 | 3 | 1,922 | $247 | 0.8 mi |
E 2734 Lakeland Dr Sold | $475,000 | 3 | 3 | 1,922 | $247 | 0.8 mi |
F 550 Markham St 33 Active | $459,900 List Price | 3 | 3 | 1,849 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is less than 10 years old and in mint condition. The interior photos show modern, high-end finishes in the bathrooms including quartz countertops and contemporary tile work. As a new construction, all major systems (HVAC, Electric, Plumbing) are brand new and require no maintenance.
Zoned OR-20 for non-owner occupied short-term rentals, this turnkey property offers a rare, high-demand investment opportunity with proven cash flow and high occupancy rates in a restricted market.
Ideally located just 10 minutes from BNA Airport and near major attractions like the Grand Ole Opry, ensuring consistent guest demand from travelers and large groups.
The 2023 construction features three ensuite bedrooms, a main-level bedroom, and a converted garage recreation space, specifically designed to maximize guest comfort and revenue potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1802, other record living area = 1752.
Listed as a stock cooperative, this ownership type may present more complex financing challenges and a smaller pool of lenders compared to traditional fee-simple residential properties.
With a lot size of only 871 square feet, the property lacks private outdoor space, making it entirely dependent on shared HOA common areas for outdoor activities.
This OR-20 zoned NOOSTR (Non-Owner Occupied Short-Term Rental) furnished property offers the rare combination of legal STR zoning, proven cash flow, and strong guest demand in one of Nashville’s most strategic short-term rental corridors near BNA Airport. The location fills a unique niche in the market for large-group accommodations that deliver style, convenience, and accessibility—without the premium nightly rates of downtown. Whether you're an experienced investor looking to expand a Nashville short-term rental portfolio—or just entering the STR space—this is a turnkey income-producing opportunity with scale potential. There are currently 4 additional furnished NOOSTR units available within the same community featuring multiple floorplans, creating a rare chance to acquire a portfolio in one location. These properties average approximately $75,000 in gross annual revenue per unit in 2025 with occupancy rates exceeding 80%, outperforming many comparable Nashville STR assets. Features include: 3 ensuite bedrooms including 1 bedrm on main-level, second-floor common area for gathering, queen beds and flat-screen TVs in every bedroom, balcony, 2 car garage recreation space with gameroom activities, easy street parking. Guests love the location—10 min to BNA, walkable to downtown train + bus options, and close to the Grand Ole Opry, Opry Mills, IMAX, Gaylord Springs Golf, and Percy Priest Lake. HOA green space directly behind the units add room for lounging and cornhole, and the community dog park and sidewalks are hits for pet-friendly stays. DSCR lending solutions = a ready-to-scale investment asset. Income statements available up on request.
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 | 1,802 | 1,849 | 43% |
| Lot Size | 871 | 871 | 50% |
| Price | $535.0K | $475.0K | 71% |
| Price per sq ft | $297 | $247 | 86% |
| Built year | 2023 | 2023 | 50% |
| HOA | $167 | $152 | 71% |
| Days on market | 35 | 545 | 14% |
May 12, 2026
$535,000
Initial Listing