1308 Wedgewood Ave, Nashville, TN 37212, Nashville, 37212 - 3 bed, 4 bath
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Nashville, TN 37212
This Fully Furnished NOO STRP Townhome is a high-yield income asset listed at $715,000. While the price exceeds the $563,744 Fair Market Value, it aligns with area comparables and accounts for the rare Non-Owner Occupied Short-Term Rental Permit. Boasting a Good Condition Rating, the home features modern finishes, a private patio, and a game room. Its location near Belmont University and zoning for Eakin Elementary School and Hillsboro High School ensures consistent tenant demand. This is a strategic acquisition for Short-Term Rental Investors or Seasoned Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1308 Wedgewood Ave Subject | $715,000* List Price | 3 | 4 | 1,764 | $320 | - |
A 1719 14th Ave S A Active | $799,900 List Price | 4 | 4 | 2,170 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this property fits the 'good' criteria as it is between 10 and 20 years old and remains in move-in ready condition. The interior features modern finishes including stainless steel appliances, dark wood-style flooring, recessed lighting, and contemporary fixtures. The kitchen and bathrooms appear well-maintained with current styles, and the property's use as a short-term rental suggests systems are functional and the unit is kept in high-quality, turnkey condition.
This property is a rare Non-Owner Occupied Short Term Rental Permitted (NOO STRP) unit, offering significant income potential for investors in a high-demand Nashville market.
Ideally situated with high walkability to Nashville's most popular neighborhoods, including The Gulch, Belmont, Vanderbilt, and 12 South, ensuring consistent tenant interest.
The home is sold fully furnished with modern finishes and includes all appliances and recreational items, allowing for a seamless transition to rental operations or immediate occupancy.
The conversion of the 2-car garage into a game room eliminates secure indoor parking, which may be a concern for residents or guests with multiple vehicles.
As a Stock Cooperative, the property may face more complex financing requirements compared to traditional fee-simple townhomes, potentially limiting the pool of qualified buyers.
WALKABILITY IS THE KEY TO SUCCESS for this Fully Furnished Non-Owner Occupied Short Term Rental Permitted unit (NOO STRP) & stunning end-unit townhome ideally located near The Gulch, Belmont, Vanderbilt, and 12 South! This 3-bedroom, 3.5-bathroom home boasts an attached 2-car garage made into an awesome game room, inviting patio space, and modern finishes throughout. Whether you are new to the Short-Term Rental scene or a seasoned investor, don't miss this incredible opportunity! Price includes all furniture, ping pong table, appliances, etc.
No exterior & parking available.
Grades K-4 • 1.0 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,764 | 2,562 | 6% |
| Lot Size | 871 | 1,307 | 38% |
| Price | $715.0K | $785.0K | 44% |
| Price per sq ft | $405 | $310 | 69% |
| Built year | 2013 | 2017 | 25% |
| HOA | $250 | $0 | 94% |
| Days on market | 22 | 722 | 6% |
Mar 31, 2026
$715,000
Initial Listing