160 2nd Ave N 209, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
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Nashville, TN 37201
This Luxury NOO STR Investment Asset is listed at $1,050,000, aligning perfectly with its $1,050,000 Fair Market Value. As a rare Non-Owner Occupied Short-Term Rental opportunity in the heart of Music City, this property features a Luxury Condition Rating with a projected 2027 completion. The development offers stunning views of the Cumberland River and Nissan Stadium, providing an elite guest experience near Buena Vista Elementary. Located steps from Broadway, this high-spec loft is a strategic acquisition for Short-Term Rental Investors or Portfolio Diversifiers seeking to capitalize on Nashville’s high-volume tourism market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 2nd Ave N 209 Subject | $1,050,000* List Price | 2 | 2 | 896 | $1,172 | - |
A 160 2nd Ave S 1903 Sold | $1,308,333 | 1 | 2 | 1,009 | $1,297 | 0.0 mi |
B 160 2nd Ave S 1803 Sold | $1,319,000 List Price | 1 | 2 | 1,009 | 0.0 mi | |
C 301 Demonbreun St 2004 Sold | $920,000 | 1 | 1 | 864 | $1,065 | 0.1 mi |
D 160 2nd Ave N 204 Active | $890,000 List Price | 1 | 1 | 747 | $1,191 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a comprehensive luxury renovation and new construction project with a 2027 completion date. The property features brand-new modern kitchens, high-end finishes, and completely new mechanical systems, meeting the criteria for mint condition with no maintenance required.
The property is zoned for Non-Owner Occupied Short-Term Rentals (NOO STR), providing a rare and lucrative opportunity for investors to capitalize on Nashville's high-volume tourism market.
Located on historic 2nd Avenue just steps from Broadway, the property offers unparalleled walkability to Music City’s iconic bars, restaurants, and major venues like Nissan Stadium.
The development features high-end communal spaces including a state-of-the-art fitness center with a sauna, a river-view indoor-outdoor terrace, and a historic 2nd-floor atrium.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 896, other record living area = 1587. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With an estimated completion date of April 2027, buyers must account for a significant lead time before the asset can generate revenue or be occupied.
Priced at over $1,170 per square foot for a sub-900 sqft unit, the entry cost is substantial, requiring aggressive rental performance to achieve target yields.
Over 50% 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 • 1.9 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 | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 896 | 1,009 | 33% |
| Lot Size | 17,860 | 871 | 94% |
| Price | $1.05M | $883.8K | 56% |
| Price per sq ft | $1.2K | $668 | 67% |
| Built year | 1900 | 2008 | 11% |
| HOA | $672 | $716 | 50% |
| Days on market | 593 | 322 | 78% |
Sep 6, 2024
$1,050,000
Initial Listing