2403 Jefferson St Unit E, Nashville, TN 37208, Nashville, 37208 - 4 bed, 4 bath
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2403 Jefferson St Unit E
Nashville, TN 37208
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,702Sq Ft
0Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$668,859
5% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a turnkey Non-Owner Occupied Short-Term Rental (NOO STR) listed at a List Price of $635,000—positioned well below the $673,060 Fair Market Value by 5%. This valuation gap provides $38,060 in Instant Equity. Featuring a 4-bedroom, 4-bath layout and a rooftop deck with city views, the property maintains a Condition Rating of 2. This asset is ideal for Buy-and-Hold Investors or Passive Income Seekers targeting Nashville’s high-demand tourism market.
Estimated Market Value
$668,859+$39,859 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2403 Jefferson St Unit E Subject 4 bd · 4 ba · 1,702 sqft · $393 | $629,000* List Price | 4 | 4 | 1,702 | $393 | - |
A 2403B Jefferson St Active 4 bd · 4 ba · 1,677 sqft · $453 · 0.0 mi | $760,000 List Price | 4 | 4 | 1,677 | $453 | 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 only 3 years old and in mint condition. It features modern bathrooms, contemporary finishes, and new systems including the HVAC visible on the rooftop deck, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
As a fully furnished, active Non-Owner Occupied Short-Term Rental (NOO STR) with a projected $70k income and 61% occupancy, this property offers immediate cash flow for investors.
- High-Capacity Layout
The 4-bedroom, 4-bathroom configuration is specifically designed to sleep up to 12 guests, maximizing rental revenue potential in Nashville's competitive tourism market.
- Premium Rooftop Amenities
The private rooftop deck featuring a putting green, outdoor dining, and city views serves as a significant value-add for guest entertainment and marketing appeal.
CONSRISKS & DEFICIENCIES
- Immediate Cosmetic Maintenance
The inclusion of a paint allowance suggests the interior may show signs of wear from high-occupancy rental use, requiring immediate attention to maintain its premium status.
- Fixed Operating Costs
A monthly association fee of $215, while standard for townhomes, represents a fixed overhead cost that must be managed to protect net profit margins.
About 2403 Jefferson St Unit E
2025 income70k with Occupancy 61.37% Fully Furnished NOO STR Townhouse – Active Airbnb Investment opportunity in a prime Nashville location—this fully furnished, turnkey Non-Owner Occupied Short-Term Rental (NOO STR) is currently operating as an active Airbnb. Just minutes from Germantown and downtown, the property offers convenient access to dining, entertainment, and major attractions. The 4-bedroom, 4-bath layout sleeps up to 12 guests and features an efficient floor plan ideal for maximizing rental income. Interior highlights include custom murals, artistic design elements, and vintage accents that reflect Nashville’s unique character. The rooftop deck includes a putting green, outdoor dining space, and city views—perfect for guest entertainment and relaxation. Property is being sold fully furnished and ready to continue operating as a short-term rental. Ideal for investors seeking immediate cash flow in a high-demand market. Seller is offering a paint allowance with an acceptabel offer !!!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2021
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $215 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,702 | 1,551.684 |
| Lot Size | - | 871 |
| Price | $629.0K | $365.8K |
| Price per sq ft | $370 | $238 |
| Built year | 2021 | 2003 |
| HOA | $215 | $260 |
| Days on market | 12 | 83 |
Pricing History
Listed for Sale
Oct 23, 2026
$629,000
$635,000
-1% Price Drop
Initial Listing
Price Change
Oct 12, 2026
$635,000
Initial Listing
Sold
Oct 26, 1993
$9,800
Public Record