160 2nd Ave N 403, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
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Nashville, TN 37201
This Prime NOO STR Investment Asset is listed at $1,275,000, aligning perfectly with its $1,275,000 Fair Market Value. As a rare non-owner occupied short-term rental eligible development steps from Broadway, it offers high-yield potential in Nashville’s tourism epicenter. The property boasts a Pristine Condition Rating with luxury finishes and premium views of the Cumberland River and Nissan Stadium. Proximity to Buena Vista Elementary and downtown entertainment ensures consistent guest demand. This is a strategic acquisition for Short-Term Rental Investors or Luxury Portfolio Diversifiers seeking a high-demand urban retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 2nd Ave N 403 Subject | $1,275,000* List Price | 2 | 2 | 1,056 | $1,207 | - |
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 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
D 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
E 160 2nd Ave S 2205 Sold | $1,485,000 | 1 | 2 | 1,171 | $1,268 | 0.0 mi |
F 160 2nd Ave S 2205 Sold | $1,485,000 | 1 | 2 | 1,171 | $1,268 | 0.0 mi |
G 160 2nd Ave S 2003 Active | $1,390,000 List Price | 1 | 2 | 1,009 | $1,378 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new luxury development and comprehensive renovation project with an estimated completion in 2027. The property features high-end modern finishes, including a designer kitchen with waterfall countertops, sleek cabinetry, and premium lighting fixtures. As a new construction and total renovation of a historic building, all components and systems will be brand new, meeting the highest current quality standards with no deferred maintenance.
The property is eligible for Non-Owner Occupied Short-Term Rentals (NOO STR) and is located steps from Broadway, making it a high-demand asset for Nashville's lucrative tourism market.
Residents and guests benefit from premium facilities, including a state-of-the-art fitness center with a sauna, a business center, and multiple indoor-outdoor terraces with views of the Cumberland River and Nissan Stadium.
This development uniquely blends historic turn-of-the-century loft charm with modern new construction, offering stunning views of the Nashville skyline, including the 'Batman Building' and the riverfront.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1056, other record living area = 1516.
With an estimated completion date of April 2027, investors face a significant waiting period of several years before the property can generate rental income or be occupied.
The property carries a substantial monthly association fee of $792, which, combined with the $1.275M price point for a 1,056 sqft unit, may impact the overall net yield for investors.
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 | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,032.5 | 50% |
| Lot Size | 17,860 | 871 | 94% |
| Price | $1.27M | $883.8K | 61% |
| Price per sq ft | $1.2K | $668 | 67% |
| Built year | 2025 | 2008 | 94% |
| HOA | $792 | $760 | 56% |
| Days on market | 593 | 322 | 78% |
Sep 6, 2024
$1,275,000
Initial Listing