201 Prince Ave B, Nashville, TN 37207, Nashville, 37207 - 2 bed, 3 bath
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201 Prince Ave B
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,748Sq Ft
871Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$503,348
5% AboveMARKET VALUE
SUMMARY
This Turn-Key NOO-STR Investment Townhome is listed at $529,000, reflecting a strategic premium for its rare, transferable permit near the $503,349 Fair Market Value. Boasting an Excellent Condition Rating, the 2021 construction features high-end finishes, quartz countertops, and private en-suite bathrooms. Sold fully furnished with future Airbnb bookings included, this asset eliminates startup costs in the competitive East Nashville market. This revenue-ready property is a premier choice for Short-Term Rental Investors or Portfolio Diversifiers seeking immediate cash flow and long-term appreciation.
Estimated Market Value
$503,348
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 |
|---|---|---|---|---|---|---|
★ 201 Prince Ave B Subject 2 bd · 3 ba · 1,748 sqft · $288 | $529,000* List Price | 2 | 3 | 1,748 | $288 | - |
A 310 Prince Ave A Sold 3 bd · 3 ba · 1,850 sqft · $316 · 0.2 mi | $585,000 | 3 | 3 | 1,850 | $316 | 0.2 mi |
B 530 Edwin St 12 Sold 3 bd · 4 ba · 1,825 sqft · $293 · 0.7 mi | $535,000 | 3 | 4 | 1,825 | $293 | 0.7 mi |
C 3026 Edwin Cir Sold 3 bd · 3 ba · 1,812 sqft · $331 · 0.8 mi | $599,900 | 3 | 3 | 1,812 | $331 | 0.8 mi |
D 405 Marshall Street 9 Sold 3 bd · 3 ba · 1,718 sqft · 0.4 mi | $599,900 List Price | 3 | 3 | 1,718 | 0.4 mi | |
E 201 Prince Ave A Active 2 bd · 3 ba · 1,670 sqft · $317 · 0.0 mi | $529,000 List Price | 2 | 3 | 1,670 | $317 | 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.
Built in 2021, this property is virtually new and meets all current quality standards. The interior features modern high-end finishes, including quartz countertops, stainless steel appliances, contemporary pendant and recessed lighting, and wide-plank flooring. The bathrooms and walk-in closets are updated with premium shelving and fixtures. As an active, turn-key short-term rental, the home is meticulously maintained with no signs of deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- NOO-STR Eligibility
This property is a rare, turn-key Non-Owner-Occupied Short-Term Rental with a permit transferable via LLC, offering immediate cash flow potential in a highly regulated Nashville market.
- Turn-Key Condition
Built in 2021 and sold fully furnished with all appliances and future bookings included, this home provides a seamless, move-in ready transition for investors.
- Strategic Location
Situated in the trendy East Nashville neighborhood and less than five miles from downtown, the property is perfectly positioned to attract high-demand tourism and rental traffic.
CONSRISKS & DEFICIENCIES
- Complex Ownership Type
As a Stock Cooperative, this ownership structure can be more difficult to finance through traditional mortgage lenders compared to standard fee-simple townhomes.
- Minimal Outdoor Space
With a very small lot size of 871 square feet, the property lacks significant private yard or outdoor living space, which may limit appeal for some guest profiles.
About 201 Prince Ave B
Close by end of year on this move-in or rental-ready, rare, budget-friendly, fully furnished Non-Owner-Occupied Short-Term Rental (NOO-STR) townhome, located just under 5 miles from downtown Nashville. Nestled at the end of Prince Ave in the vibrant East Nashville neighborhood, this 2-story, turn-key property is a dream for investors. Each bedroom features a private, high-end bathroom and spacious walk-in closets with built-in shelving. The home comes complete with all appliances, stylish furniture, and future Airbnb bookings, with the NOO-STR permit transferable via LLC transfer. Currently thriving as an active Airbnb rental, this property can be purchased individually or paired with its neighboring unit. Don’t miss this prime rental opportunity in East Nashville’s lively market—act now!
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2021
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 3.0 | 3.4 |
| Square foot | 1,748 | 2,305.804 |
| Lot Size | 871 | 1,307 |
| Price | $529.0K | $712.1K |
| Price per sq ft | $303 | $318 |
| Built year | 2021 | 2020 |
| HOA | $0 | $198 |
| Days on market | 371 | 86 |
Pricing History
Listed for Sale
Oct 22, 2025
$529,000
Initial Listing