1233 Lischey Ave D, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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Nashville, TN 37207
This Turnkey NOO STR Investment Asset is listed at $799,000, representing a premium acquisition in Nashville’s lucrative short-term rental market. Boasting a Pristine Condition Rating, this 2024 New Construction is sold fully furnished and features modern high-gloss cabinetry with quartz countertops. While the residential $655,615 Fair Market Value reflects standard local comps, the property’s rare MUN-A Zoning and NOO STR Permit Eligibility justify the price for income-focused buyers. Located minutes from Downtown and 5 Points, this is a high-performance asset for Short-Term Rental Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1233 Lischey Ave D Subject | $799,000* List Price | 3 | 3 | 1,755 | $374 | - |
A 106 Melody Aly Sold | $644,900 | 3 | 4 | 1,985 | $325 | 0.7 mi |
B 1293 Jones Ave Active | $825,000 List Price | 3 | 4 | 1,856 | $445 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2024 new construction in pristine condition. The kitchen features modern high-gloss cabinetry, quartz countertops, a large island, and brand-new stainless steel appliances. The bathrooms are highly contemporary, featuring integrated LED mirrors, matte black hardware, and custom floor-to-ceiling hexagonal tile work in the showers. With light-toned wide-plank flooring throughout and all-new mechanical systems, the home meets the highest quality standards with no physical depreciation.
The property features MUN-A zoning and is NOO STR permit eligible, offering a rare and lucrative opportunity for non-owner occupied short-term rental income in a high-demand Nashville market.
As a 2024 new construction sold fully furnished and professionally decorated, this unit is completely turnkey, allowing investors to generate revenue immediately without additional capital expenditure.
Located in a prime East Nashville pocket near 5 Points and less than 10 minutes from Downtown, the property is perfectly positioned to attract consistent guest traffic and high occupancy rates.
The monthly association fee of $450 is relatively high for a townhouse and may impact the net operating income and overall cash flow for investors.
The assigned middle and high schools carry low ratings of 2/10, which could limit the property's long-term appeal to traditional owner-occupant families and impact future resale versatility.
Incredible Investment Opportunity in East Nashville! This is your chance to purchase three turnkey short-term rental (STR) properties sold as a package OR INDIVIDUALLY—ideal for investors seeking a 1031 exchange or expanding their STR portfolio. These townhomes are NOO STR permit eligible (Non-Owner Occupied) with MUN-A zoning, and each one is fully furnished and professionally decorated. Simply bring in your property manager and start generating income immediately. Located at 1233 Lischey Ave, these units sit in a prime pocket of East Nashville, steps away from All People Coffee and Beverage Hall and less than 10 minutes to Downtown Nashville (or 12–15 minutes with traffic). You're also just 5 minutes from the heart of East Nashville's 5 Points district, with endless local dining, nightlife, and shopping options that keep guests coming back. Designed for maximum flexibility and revenue, these three townhomes are perfect for hosting large groups or events. Booked individually or together, they offer a unique edge in the STR market by catering to both solo travelers and larger parties. Don't miss this rare opportunity to own three income-producing properties in one of Nashville's hottest and fastest-growing neighborhoods.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,755 | 1,464 | 54% |
| Lot Size | 11,326 | 871 | 92% |
| Price | $799.0K | $360.0K | 92% |
| Price per sq ft | $455 | $229 | 92% |
| Built year | 2024 | 2023 | 62% |
| HOA | $450 | $165 | 92% |
| Days on market | 105 | 212 | 15% |
Jan 7, 2026
$799,000
Initial Listing