
Nashville, TN 37206
Analysis of 116 S 11th St, Nashville, TN 37206 is currently available with a list price of $5,400,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1910, the property has undergone a complete high-end 'reimagined' renovation within the last 5 years. The kitchen and bathrooms feature top-of-the-line finishes including inset cabinetry, marble countertops, and designer brass fixtures. The addition of a modern pool house and heated pool, along with the mint condition of all interior surfaces, places this in the excellent category.
Boasting a walk score of 93 in the heart of Nashville's 5 Points neighborhood, the property is within a ten-minute walk of nearly 50 bars and restaurants, making it a premier destination for short-term renters.
The rare commercial zoning allows for a legal short-term rental 'compound' that sleeps up to 20 guests across two structures, providing a significant competitive advantage and higher revenue potential than standard residential inventory.
The property features a meticulously designed courtyard with a heated in-ground pool, hot tub, and a full-size bar, offering a luxury guest experience that is virtually 'future-proof' against local competition.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2927, other record living area = 2450.
At a list price of $5.4 million, the property represents a significant capital investment that may limit the pool of potential buyers to high-net-worth individuals or institutional investors.
The surrounding public schools have consistently low ratings, ranging from 1 to 3, which could negatively impact the property's long-term resale value to families looking for a primary residence.
Attention Investors: Gross income of $600k+ with future bookings closing in on $700k for 2027! 8-11+% Cap / CoC return! Main House: 2927 sqft + 2 Bedroom Pool House: 1184 sqft = 4,111 sqft total ($1313/sqft). A one-of-a-kind, commercially zoned property in the heart of Nashville's famous "5 Points" neighborhood w/ a walk score of 93. A completely redesigned and reimagined short term rental private"compound" that is far beyond the traditional Nashville inventory of townhouse and condo opportunities flooding the MLS with either no proven income or negative cash flow for the next buyer. This home has been designed with only the highest guest experience in mind with top-of-the-line finishes throughout. From the tile, in-set cabinets and countertops, to the meticulously chosen furniture, these elements are so timeless that when combined with an amazing walkable area there is limited, if any, re-designs that will ever have to be considered to stay top of market. You can consider this investment opportunity virtually "future proof" from any competition in the short term rental space. This home and the additional 2 bedroom 1 level pool house are allowed to legally sleep 20 people with over 4,000 sqft between both houses. With the inviting courtyard, tiled in-ground pool, various inside sitting areas and the addition of a full size bar, there's a perfect balance of quiet elevated comfort and/or gathering of friends for planning or catching up from any Nashville adventures the day may have. No Ubers needed when nearly 50 bars or restaurants are within a ten minute walk or 2 dozen within 5 minutes or less. Grab a bite to eat or drink and head back to your heated pool or hot tub for the afternoon. If you feel you need a change of that scenery and need more options, virtually everything that Nashville has to offer is a 10-15 drive at most. Bonus depreciation play here as well. Equally amazing residential home or event space (or more based on zoning)!
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 0.6 mi
Grades PK-4 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,927 | - |
| Lot Size | 8,276 | - |
| Price | $5.40M | $556.8K |
| Price per sq ft | $1.8K | $306 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 56 | 484 |
May 28, 2026
$5,400,000
Initial Listing
Jul 9, 1996
$73,000
Public Record