160 2nd Ave N 204, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This Luxury NOO STR Investment Asset is listed at $890,000, reflecting a premium over the $818,180 Fair Market Value due to its rare Non-Owner Occupied short-term rental eligibility. Featuring a Luxury Condition Rating, the property combines historic architectural appeal with waterfall islands. Residents benefit from stunning views of the Cumberland River and proximity to Buena Vista Elementary, John Early Middle, and Pearl Cohn High. Located steps from Broadway, this high-spec renovation is a strategic acquisition for Short-Term Rental Investors or Portfolio Diversifiers seeking high ROI potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 2nd Ave N 204 Subject | $890,000* List Price | 1 | 1 | 747 | $1,095 | - |
A 301 Demonbreun St 2004 Sold | $920,000 | 1 | 1 | 864 | $1,065 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a luxury new development project featuring a complete renovation of a historic building combined with new construction. The property offers high-end modern finishes, including designer kitchens with waterfall islands, premium appliances, and contemporary lighting, all meeting the highest current quality standards for new construction.
The property is Non-Owner Occupied (NOO) short-term rental eligible and located just steps from Broadway, making it a premier asset for investors looking to capitalize on Nashville's high-demand tourism market.
Residents and guests have access to luxury facilities including a state-of-the-art fitness center with a sauna, a business center, and multiple indoor-outdoor amenity spaces with views of the Cumberland River and Nissan Stadium.
The development masterfully blends turn-of-the-century loft charm with modern luxury, featuring a beautiful second-floor atrium and a unique mix of historic renovation and new construction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 747, other record living area = 1009.
With an estimated completion date of April 2027, buyers face a significant waiting period before the property can be occupied or generate rental income, posing a potential opportunity cost.
At nearly $1,200 per square foot, the listing price represents a significant premium for a one-bedroom unit, which may impact initial capitalization rates for short-term rental investors.
Over 60% SOLD! NOO STR WALK TO BROADWAY! Welcome to The Heritage at Broadway, Nashville’s most exciting NEW short-term rental development. Located on historic 2nd Avenue, just steps from the iconic Broadway, this extraordinary project blends timeless architectural charm with modern luxury. Nestled in the epicenter of Music City, this turn-of-the-century loft building offers a one-of-a-kind experience for both guests and investors. With stunning views of the Cumberland River, Nissan Stadium, and the city skyline—including the iconic “Batman Building" – The Heritage offers an unparalleled location. Enjoy direct access to hundreds of bars, restaurants, and entertainment venues, along with easy connectivity to top attractions like the Titans Stadium and the vibrant riverfront. This is your chance to invest in Nashville’s thriving short-term rental market or secure a luxurious urban retreat. The Heritage consists of 50 non-owner occupied short-term rental eligible units ranging from 1-4 bedrooms, retail space on the first floor, a state of the art fitness center with sauna, business center, indoor-outdoor amenity space on the 5th floor overlooking the Cumberland River and Nissan Stadium, a second public terrace on the 4th floor overlooking 2nd Ave, business center and a BEAUTIFUL 2nd floor atrium! Contact agent for a full list of available units! This building is being renovated on floors 1-3 and floors 4 & 5 will be new construction. Estimated completion date April 2027.
No exterior & parking available.
Grades PK-4 • 1.8 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 747 | 1,009 | 22% |
| Lot Size | 17,860 | 871 | 94% |
| Price | $890.0K | $868.8K | 50% |
| Price per sq ft | $1.2K | $668 | 67% |
| Built year | 1900 | 2008 | 11% |
| HOA | $560 | $715 | 33% |
| Days on market | 593 | 322 | 78% |
Sep 6, 2024
$890,000
Initial Listing