
Nashville, TN 37209
This Modern STR-Eligible Townhome is listed at $649,000, representing a premium asset in a gated community between The Nations and Downtown. While the price exceeds the $561,533 Fair Market Value, the valuation is driven by its rare OR20 Zoning and Non-Owner Occupied STR Eligibility. Boasting a Mint Condition Rating, the 2020-built interior features three ensuite bedrooms, quartz countertops, and two private balconies. Though served by Charlotte Park Elementary, the home's proximity to Vanderbilt ensures high rental demand. This is an ideal acquisition for Short-Term Rental Investors or Urban Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 227 Oceola Ave 6 Subject | $649,000* List Price | 3 | 4 | 1,799 | $312 | - |
A 411 Becanni Ln Sold | $547,500 | 3 | 4 | 1,973 | $277 | 1.0 mi |
B 413 Becanni Ln Sold | $545,000 | 3 | 4 | 1,953 | $279 | 1.0 mi |
C 5900 Carl Pl Sold | $779,900 List Price | 3 | 4 | 2,101 | 0.9 mi | |
D 6002 Sterling St Sold | $485,000 | 3 | 4 | 1,837 | $264 | 0.7 mi |
E 5616 Burgess Ave Sold | $545,000 | 3 | 4 | 1,826 | $298 | 0.2 mi |
F 6002 Sterling St Sold | $485,000 | 3 | 4 | 1,813 | $268 | 0.7 mi |
G 234 Oceola Ave Active | $680,000 List Price | 4 | 4 | 1,754 | $388 | 0.1 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 condition. The interior features a modern kitchen with quartz countertops and stainless steel appliances, contemporary bathrooms with subway tile, and high-quality hardwood flooring throughout, requiring no maintenance.
The OR20 zoning and non-owner-occupied short-term rental (NOO STR) eligibility provide exceptional flexibility for use as a high-yield investment, second home, or primary residence.
Built in 2020, the home features three ensuite bedrooms for maximum privacy, a two-car garage, and high-end finishes including quartz countertops and hardwood floors.
Perfectly positioned between The Nations and Downtown, the property offers immediate access to major hospitals, Vanderbilt University, and the city's most popular dining and entertainment corridors.
Listed as a stock cooperative, this property type can present more complex financing challenges and may require specific lenders compared to traditional fee-simple townhomes.
The assigned public schools currently hold lower ratings (3-4), which may be a drawback for primary residents prioritizing top-tier educational performance.
Located in a gated community between The Nations and Downtown, this like-new townhome offers a rare combination of flexibility, functionality, and location. Zoned OR20 with non-owner-occupied short-term rental (NOO STR) eligibility, the property works equally well as a primary residence, second home, or investment opportunity. The thoughtfully designed layout includes three ensuite bedrooms, providing privacy and versatility for both everyday living and guest use. The main living level is open and inviting, with hardwood floors, abundant natural light, and a seamless flow between the kitchen, dining and living areas. The kitchen is equipped with a gas stove, quartz countertops, a large island with seating, and ample cabinetry, all opening to a comfortable living space anchored by a fireplace. Two private balconies extend the living space outdoors, offering additional room to relax or entertain. Large windows throughout the home bring in consistent natural light and showcase surrounding views. The attached two-car garage adds convenience and functionality, along with additional storage. Ideally positioned just minutes from Downtown, Midtown, Vanderbilt, St. Thomas West, and the growing amenities of The Nations, this location offers easy access to dining, shopping, and major corridors while maintaining a secure, tucked-away setting. Whether used as a full-time residence or held as an income-producing property, the home offers strong long-term versatility in one of Nashville’s most accessible areas. Selected images have been virtually enhanced for marketing purposes only.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,799 | 2,126 | 23% |
| Lot Size | 871 | 871 | 50% |
| Price | $649.0K | $597.5K | 56% |
| Price per sq ft | $361 | $302 | 85% |
| Built year | 2020 | 2020 | 50% |
| HOA | $150 | $0 | 77% |
| Days on market | 64 | 291 | 2% |
Apr 15, 2026
$649,000
Initial Listing