2021 Beech Ave 4, Nashville, TN 37204, Nashville, 37204 - 3 bed, 4 bath
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Nashville, TN 37204
This Proven Short-Term Rental Asset is listed at $719,900, carrying a performance-based premium over the $622,498 Fair Market Value due to its rare income-producing credentials. Maintaining an Excellent Condition Rating, this 2019 construction offers modern open-concept living, high-end kitchen finishes, and a private deck. Situated in the high-demand 12South/Melrose corridor, the property delivers $60K-$70K in annual gross revenue supported by an active NOO STR permit. It represents a rare, turn-key acquisition for Short-Term Rental Investors or 1031 Exchange Buyers prioritizing immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2021 Beech Ave 4 Subject | $719,900* List Price | 3 | 4 | 1,540 | $404 | - |
A 824 Melpark Ct Sold | $642,000 | 3 | 4 | 1,857 | $346 | 0.4 mi |
B 2310 Elliott Ave 513 Sold | $510,000 | 2 | 3 | 1,275 | $400 | 0.4 mi |
C 2021 Beech Ave 7 Active | $575,000 List Price | 3 | 4 | 1,540 | $373 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property falls within the 10-year window for an excellent rating. The interior features modern, high-end finishes including a kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances. The bathrooms are equally modern with dual vanities and contemporary fixtures. The property shows no signs of deferred maintenance and is in turn-key condition, consistent with its use as a successful short-term rental.
The property is a turn-key investment currently generating $60K-$70K in annual gross revenue with an active NOO STR permit, offering immediate cash flow and established booking history.
Situated in the highly desirable 12South/Melrose corridor, the home offers exceptional proximity to Downtown, Belmont, and Vanderbilt, ensuring high demand from both tourists and long-term residents.
Built in 2019, this 3BR/4BA townhome features contemporary open-concept living, a modern kitchen, and an attached garage, minimizing the need for immediate capital expenditures.
The NOO STR permit is tied to an LLC ownership structure, requiring a more complex entity-based acquisition that necessitates thorough buyer verification and legal due diligence.
With a very small lot size of 436 sq ft, the property offers minimal private outdoor area, which may be a drawback for guests or owners seeking more significant yard space.
Turn-key income-producing opportunity in the heart of Nashville’s highly desirable 12South / Melrose corridor. This 3BR / 4BA townhome offers approximately 1,540 sq ft per tax record with open-concept living, modern kitchen, multiple levels, attached garage, and private outdoor space. Currently operating as a successful short-term rental with strong historical performance. Airbnb gross revenue has averaged in the $60K-$70K+ range annually, with approximately $68K in 2025 and active 2026 bookings already in place. Additional upside potential exists through optimized pricing and professional management. At list price, the property delivers an estimated 9.4% gross yield — rare for this corridor Property is owned by an LLC with an active NOO STR permit in the current ownership structure. Opportunity for investors to explore an entity-based acquisition, subject to buyer verification. Prime location with easy access to Melrose, Downtown, Belmont, and Vanderbilt. Ideal for investors seeking a proven STR asset in a high-demand Nashville market. Walkable to Hattie B's, Publix, Zanies Comedy Club, 8th & Roast Coffee, and the entire 12South dining strip. Walk Score 80. Airbnb account with established review history available for transfer — no ramp-up period for a new operator.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 57% |
| Baths | 4.0 | 2.0 | 86% |
| Square foot | 1,540 | 1,275 | 57% |
| Lot Size | 436 | 436 | 50% |
| Price | $719.9K | $510.0K | 71% |
| Price per sq ft | $467 | $344 | 71% |
| Built year | 2019 | 1984 | 86% |
| HOA | $300 | $210 | 71% |
| Days on market | 23 | 208 | 14% |
Mar 30, 2026
$719,900
Initial Listing