
Nashville, TN 37212
Analysis of 1501 16th Ave S 3, Nashville, TN 37212 is currently available with a list price of $1,425,000. 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.
Built in 2023, this luxury townhome is in pristine condition. It features high-end designer finishes, premium black stainless steel appliances, modern cabinetry with gold hardware, and contemporary flooring and fixtures throughout. The property is purpose-built for the luxury short-term rental market and shows no signs of wear or deferred maintenance.
Zoned OR-20 for non-owner occupied short-term rentals, this property is purpose-built to maximize revenue in Nashville's high-demand Airbnb market.
Situated in the heart of Historic Music Row, the property is within walking distance to Vanderbilt, Belmont, and top-tier entertainment, ensuring high occupancy rates.
Sold fully furnished by a high-end designer, the home features a rooftop terrace with a hot tub and four en-suite bedrooms, offering a ready-to-operate luxury experience.
With only two off-street parking spaces for a four-bedroom unit designed for high-capacity groups, parking logistics may be a challenge for guests.
At over $1.4M for approximately 2,000 square feet, the premium price point requires aggressive rental performance to achieve a competitive cap rate.
Non Owner Occupied Short term rental selling fully-furnished by a high end designer in this boutique 7-unit luxury Airbnb development located directly on Historic Music Row. Thoughtfully designed from the ground up by Allard-Ward Architects to maximize Airbnb revenue potential, this custom townhome offers elevated city living with third-floor rooftop terrace complete with a hot tub—perfect for enjoying treetop views of Nashville. Situated in the heart of Music City, you’re just minutes from Broadway, one block from Vanderbilt, two blocks from Belmont, and within walking distance of countless restaurants, shops, bars, and entertainment venues. Surrounded by music studios, production companies, and supporting offices, this is one of Nashville’s most desirable neighborhoods. This unit features four oversized bedrooms with spacious en-suite bathrooms, two off-street parking spaces, premium black stainless steel appliances with washer/dryer included. Zoned OR-20, this townhome is ideal for investors seeking non-owner-occupied Airbnb permit, offering both luxury living and strong income potential in an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 92% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 2,054 | 1,518 | 69% |
| Lot Size | - | 436 | 46% |
| Price | $1.43M | $570.0K | 92% |
| Price per sq ft | $694 | $355 | 92% |
| Built year | 2023 | 1988 | 69% |
| HOA | $150 | $300 | 23% |
| Days on market | 92 | 260 | 15% |
Jan 20, 2026
$1,425,000
Initial Listing