1226 Martin St Unit 2, Nashville, TN 37203, Nashville, 37203 - 3 bed, 4 bath
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Nashville, TN 37203
This Luxury NOOSTR-Eligible Townhome is listed at $1,120,000, representing a strategic acquisition in Nashville’s high-demand Wedgewood-Houston area. Although the Fair Market Value is $952,326, the property’s Excellent Condition Rating and rare short-term rental eligibility command a significant market premium. The interior features a chef-inspired kitchen, hardwood flooring, and skyline views from the private balcony. With an attached 2-car garage and access to Glendale Elementary School (9/10), this residence offers both lifestyle luxury and high-yield utility. It is perfectly suited for Short-Term Rental Investors or Urban Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 Martin St Unit 2 Subject | $1,120,000* List Price | 3 | 4 | 2,004 | $475 | - |
A 1712 Carvell Ave B Sold | $785,000 | 3 | 3 | 2,002 | $392 | 0.5 mi |
B 151A Rains Ave Active | $849,900 List Price | 4 | 3 | 1,948 | $436 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is well under the 10-year threshold for excellent condition. The interior features mint-condition modern finishes, including a high-end kitchen with a gas range and quartz counters, contemporary bathrooms with designer fixtures, and systems that are nearly new, requiring no maintenance.
Elementary School: Glendale Elementary School (9/10).
The property’s rare NOOSTR (Non-Owner Occupied Short Term Rental) eligibility in the high-demand Wedgewood-Houston area provides exceptional flexibility for significant rental income or a primary residence.
Situated in one of Nashville's most vibrant neighborhoods, the home offers true walkability to luxury amenities like Soho House, Hermès, and GEODIS Park, ensuring strong long-term appreciation.
Listed as a Stock Cooperative, this specific type of ownership can be more difficult to finance and may deter traditional buyers unfamiliar with the cooperative model.
The assigned public high schools carry low performance ratings (2/10), which may limit the property's appeal to families prioritizing the local public school system.
In the heart of Wedgewood-Houston, this RARE townhome, offers true walkability, skyline views, and flexibility in Nashville’s "most up-and-coming neighborhoods" according to TravelMag. Whether you're looking for a vibrant primary residence OR want the option for future income potential as a non-owner occupied short term rental (NOOSTR / AirBnB), this home provides the BEST OF BOTH WORLDS. This 3-level home may be sold furnished and features an open-concept floor plan with tall ceilings on every floor, hardwood flooring throughout, and large, light-filled windows. The modern kitchen includes an entertainer's island, gas range, and walk-in pantry. The primary suite includes a walk-in closet, double vanity, and walk-in tiled shower. The 2nd floor balcony provides outdoor living space and an attached 2-car garage with a dedicated storage closet adds rare convenience for the area. Located just steps from neighborhood favorites like Pastis, Hermès, Soho House, Sushi Row, Dos Santos, GEODIS Park, and the future 4,400-capacity music venue called The Truth. The adjacent upcoming phases of Wedgewood Village further enhance long-term appeal with additional dining, retail, and community amenities. With limited NOOSTR-eligible inventory in Wedgewood-Houston, opportunities like this are RARE!
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 1.0 mi
Grades PK-4 • 2.6 mi
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 | 2,004 | 2,192 | 44% |
| Lot Size | - | 871 | 11% |
| Price | $1.12M | $785.0K | 78% |
| Price per sq ft | $559 | $308 | 89% |
| Built year | 2019 | 2016 | 67% |
| HOA | $250 | $0 | 78% |
| Days on market | 269 | 647 | 22% |
Sep 18, 2025
$1,120,000
Initial Listing