1425 4th Ave S Unit 408, Nashville, TN 37210, Nashville, 37210 - 0 bed, 1 bath
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1425 4th Ave S Unit 408
Nashville, TN 37210
ACTIVE
CONDITION: EXCELLENT
0Beds
1Baths
321Sq Ft
48,787Lot Size
Property Price
LIST PRICE$329,900
EST. MARKET VALUE
$323,611
SUMMARY
This High-Potential Investment Opportunity is a brand new studio listed at $329,900, positioned slightly above the $323,612 Fair Market Value. As a new construction asset with a Condition Rating of 2, this property offers a turnkey, maintenance-free profile. The unit features NOO STR eligibility, a resort-style pool, and panoramic skyline views, ensuring strong rental demand in the heart of Wedgewood-Houston. This is a strategic acquisition for Buy-and-Hold Investors or passive income seekers looking for a professionally managed, high-yield urban rental.
Estimated Market Value
$323,611
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 4th Ave S Unit 408 Subject 0 bd · 1 ba · 321 sqft · $1,008 | $329,900* List Price | 0 | 1 | 321 | $1,008 | - |
A 1425 4th Ave Unit 215 Active 0 bd · 1 ba · 323 sqft · $959 | $309,900 List Price | 0 | 1 | 323 | $959 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new construction with a 2027 completion date. The property features mint-condition contemporary interiors, premium modern finishes, a sleek integrated kitchenette, and brand-new mechanical systems requiring absolutely no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
The property is eligible for a rare non-owner occupied short-term rental (NOO STR) permit in Nashville, offering a turnkey investment with a professionally managed program already in place.
- Prime Urban Location
Situated in the heart of Wedgewood-Houston, the residence is steps away from Michelin-recognized dining, Soho House, and Geodis Park, ensuring high demand and lifestyle appeal.
- Luxury Building Amenities
Residents have access to premium facilities including a resort-style pool, infrared sauna, cold plunge, and a rooftop terrace with sweeping city views, enhancing the property's competitive edge.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 321 square feet, the extremely compact living area may limit the property's appeal to long-term residents or those requiring more spacious accommodations.
- Delayed ROI
With construction deliveries not commencing until early 2027, there is a significant lead time before the property can generate rental income or be occupied.
About 1425 4th Ave S Unit 408
Brand new construction. Well-appointed studio in Wedgewood Houston! See floor plan in photos. The Modernest WeHo is one of the few new developments in Nashville where a non-owner occupied short-term rental permit is actually obtainable. Studios to 3-bedrooms from the low $300s, with a professionally managed STR program already in place. Buy it, furnish it, and let it work for you. The Modernest WeHo sits in the heart of Wedgewood-Houston, steps from Michelin-recognized dining, Soho House, Hermès, and Geodis Park, home of the 2028 Olympic soccer games. Residences feature contemporary interiors, premium finishes, open layouts, and private outdoor spaces. Amenities include a resort-style pool and terrace, fitness and yoga studio, infrared sauna and cold plunge, co-working spaces, coffee bar, and a rooftop terrace with sweeping Nashville views. Furnished and unfurnished options available. Construction is underway with deliveries commencing in early 2027.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2027
- Lot Size
- 48,787 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $241 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 321 | 1,009.514 |
| Lot Size | 48,787 | 871 |
| Price | $329.9K | $347.6K |
| Price per sq ft | $1.0K | $343 |
| Built year | 2027 | 2007 |
| HOA | $241 | $334 |
| Days on market | 95 | 92 |
Pricing History
Listed for Sale
Jul 21, 2026
$329,900
Initial Listing
Sold
Apr 7, 1995
$214,000
Public Record
Sold
Jun 2, 1994
$54,000
Public Record