
Nashville, TN 37209
This High-Potential Investment Opportunity is a Turnkey Townhouse listed at $649,900, positioned above the $589,762 Fair Market Value. While priced for its premium OR20 zoning and NOO STR eligibility, the property offers a Mint Condition Rating and immediate cash-flow potential. Featuring a modern kitchen, dual balconies, and a two-car garage, this asset provides a low-maintenance lifestyle minutes from Nashville’s core. It is an ideal acquisition for Buy-and-Hold Investors seeking rental yield or Owner-Occupants desiring a modern, flexible urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 227 Oceola Ave 1 Subject | $649,900* List Price | 3 | 3 | 1,799 | $349 | - |
A 1409 57th Ave N Sold | $517,000 | 3 | 3 | 1,470 | $352 | 1.0 mi |
B 1208 Nations Dr Sold | $475,000 | 2 | 3 | 1,440 | $330 | 1.0 mi |
C 5625 Lenox Ave Active | $525,000 List Price | 4 | 3 | 1,761 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint, turnkey condition. The kitchen features modern quartz countertops, custom cabinetry, and stainless steel appliances, while the systems and exterior are nearly new, requiring no maintenance.
The OR20 zoning and NOO STR eligibility, combined with the property being fully furnished, provides a turnkey opportunity for high-yield short-term rentals or a flexible primary residence.
Built in 2020, the home features three ensuite bedrooms and an open-concept main level with high-end finishes, offering maximum privacy and convenience for residents or guests.
Situated in a private gated community with a two-car garage, this property offers a low-maintenance 'lock and leave' lifestyle just minutes from Nashville's premier dining and entertainment hubs.
The assigned public schools have ratings ranging from 3 to 4, which may be a drawback for families prioritizing high-performing educational districts.
With a very small lot size typical of dense urban townhomes, the property lacks a private yard, restricting outdoor use to the balconies.
Fully furnished and STR-eligible, this sleek and modern townhome inside a private gated community is the ultimate turnkey opportunity. OR20 zoning with NOO STR eligibility offers the flexibility to use as a primary residence or a long term investment, built in from day one. The two-car garage, gated setting, and dual balconies set the tone for a low maintenance, lock and leave lifestyle. Inside, large windows flood every level with natural light while hardwood floors and an open concept layout deliver a seamless, modern feel throughout. The kitchen anchors the main living level with a gas range, quartz countertops, a large island with bar seating, and custom cabinetry, flowing directly into the dining and living areas centered around a fireplace. Three ensuite bedrooms offer privacy and versatility whether you're living in it or renting it out. Minutes from Downtown, Midtown, Sylvan Park, and The Nations, you're positioned for short term enjoyment and long term gain. Move in ready and cash flow ready. Don't miss this one.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,799 | - |
| Lot Size | 871 | - |
| Price | $649.9K | $354.0K |
| Price per sq ft | $361 | $243 |
| Built year | 2020 | 0 |
| HOA | $150 | $0 |
| Days on market | 35 | 187 |
Jun 18, 2026
$649,900
Initial Listing