160 2nd Ave N 314, Nashville, TN 37201, Nashville, 37201 - 3 bed, 2 bath
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160 2nd Ave N 314
Nashville, TN 37201
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,435Sq Ft
0Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,650,000
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,650,000, which aligns with its $1,650,000 Fair Market Value. As a Non-Owner Occupied (NOO) Short-Term Rental asset, this unit offers rare income-generating potential in the heart of Nashville. Featuring a Mint Condition Rating upon its 2027 completion, the loft includes panoramic views of the Cumberland River and Nissan Stadium. With high-end amenities like a sauna and fitness center, this is a premier acquisition for Buy-and-Hold Investors or Luxury Urban Retreat Seekers.
Estimated Market Value
$1,650,000
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 |
|---|---|---|---|---|---|---|
★ 160 2nd Ave N 314 Subject | $1,650,000* List Price | 3 | 2 | 1,435 | $1,150 | - |
A 160 2nd Ave S 2306 Sold | $1,650,000 | 2 | 3 | 1,265 | $1,304 | 0.0 mi |
B 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
C 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
D 160 2nd Ave S 1903 Sold | $1,308,333 | 1 | 2 | 1,009 | $1,297 | 0.0 mi |
E 160 2nd Ave N 300 Active | $1,540,000 List Price | 3 | 2 | 1,346 | $1,144 | 0.0 mi |
* 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.
Although the original structure dates to 1900, this is a new luxury development and total renovation project with an estimated completion in 2027. The property features brand-new HVAC and electrical systems, modern high-end kitchens, and premium finishes, qualifying it as mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime STR Investment Potential
The property features rare Non-Owner Occupied (NOO) short-term rental eligibility in the heart of Nashville, offering significant income potential for investors.
- Iconic Location and Views
Situated steps from Broadway, the unit offers unparalleled views of the Cumberland River, Nissan Stadium, and the Nashville skyline, including the 'Batman Building'.
- Luxury Building Amenities
Residents and guests have access to high-end facilities, including a state-of-the-art fitness center with a sauna, a business center, and multiple scenic terraces.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1435, other record living area = 1524. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Extended Delivery Timeline
With an estimated completion date of April 2027, there is a significant lead time before the property can be occupied or generate rental revenue.
- High Monthly Carrying Costs
The association fee of $976 per month represents a substantial recurring expense that may impact the overall net return on investment.
About 160 2nd Ave N 314
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 unit has a flex room that will act as a 4th bedroom for STR purposes! This building is being renovated on floors 1-3 and floors 4 & 5 will be new construction. Estimated completion date April 2027.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1900
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $976 / Month
Neighborhood Insights
Nashville Unified Schools
Buena Vista Elementary Enhanced Option
Grades PK-4 • 1.8 mi
4/10
John Early Paideia Middle Magnet
Grades 5-8 • 2.6 mi
3/10
Pearl Cohn Magnet High School
Grades 9-12 • 2.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,435 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $1.65M | $339.9K |
| Price per sq ft | $1.1K | $344 |
| Built year | 1900 | 2007 |
| HOA | $976 | $329 |
| Days on market | 733 | 91 |
Pricing History
Listed for Sale
Sep 6, 2024
$1,650,000
Initial Listing