2703 Biloxi Ave, Nashville, TN 37204, Nashville, 37204 - 4 bed, 4 bath
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2703 Biloxi Ave
Nashville, TN 37204
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,226Sq Ft
871Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$649,000
SUMMARY
This Turnkey Short-Term Rental Townhouse is a High-Potential Investment Opportunity listed at $739,500—positioned well below the $770,649 Fair Market Value by 4%. This valuation gap offers $31,149 in Instant Equity. Boasting an Excellent Condition Rating, the 2017-built residence features a high-demand 4-bedroom, 4-bathroom layout and modern finishes. Located steps from the 8th Avenue Corridor and zoned for the top-rated Glendale Elementary (9/10), it offers a rare blend of proven Airbnb revenue and residential stability. This asset is ideal for Short-Term Rental Investors or Urban Professionals.
Estimated Market Value
$649,000
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 |
|---|---|---|---|---|---|---|
★ 2703 Biloxi Ave Subject | $649,000* List Price | 4 | 4 | 2,226 | $292 | - |
A 2003 Beech Ave Sold | $750,000 | 3 | 4 | 2,078 | $361 | 0.8 mi |
B 712 Melpark Dr Sold | $675,000 | 3 | 4 | 1,809 | $373 | 0.4 mi |
C 2711 Biloxi Ave Active | $599,000 List Price | 4 | 4 | 2,028 | $295 | 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 2017, this property meets the criteria for an excellent rating as it is less than 10 years old and shows no signs of deferred maintenance. The interior features high-quality hardwood flooring, modern recessed and pendant lighting, and a contemporary kitchen with stainless steel appliances and stylish tile backsplashes. The property has also undergone recent cosmetic upgrades to optimize it for the short-term rental market, ensuring all finishes and systems are in top-tier, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Glendale Elementary School (9/10).
- Prime STR Location
Situated in a highly walkable area near 8th Avenue, 12 South, and GEODIS Park, this property is perfectly positioned to capture Nashville's high short-term rental demand.
- Turnkey Investment
Currently operating as a successful Airbnb with professional management and documented financial performance, offering a seamless transition for investors looking for immediate cash flow.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools have low ratings (3 and 2 respectively), which may limit the property's long-term resale appeal to traditional family owner-occupants.
- Minimal Outdoor Space
With a lot size of only 871 square feet, the property offers very little private yard or outdoor living space, a common trade-off for its dense urban location.
About 2703 Biloxi Ave
Formerly owner occupied, then a successful furnished long term rental, and most recently a short term rental, this home truly offers the best of every world. Whether you're looking for a primary residence, a turnkey furnished home, a long term investment property, or a short term rental, the flexibility is hard to match. Located in one of Nashville's most desirable neighborhoods, this stylish unit is just steps from the best of 8th Avenue's restaurants, bars, coffee shops, and local boutiques, a short walk to the heart of 12 South, and only minutes from Wedgewood Houston, the Fairgrounds, GEODIS Park, and downtown Broadway. The location speaks for itself. The home is being offered fully furnished, making it move in ready for an owner occupant or immediately rentable for an investor. For buyers focused on maximizing short term rental performance, there is also meaningful upside. Thoughtful cosmetic updates and refreshed design selections could further increase nightly rates, occupancy, and overall revenue potential.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2017
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Fall- Hamilton Elementary Enhanced Option
Grades PK-4 • 0.8 mi
3/10
Glendale Elementary School
Grades PK-4 • 1.9 mi
9/10
Glencliff Elementary School
Grades K-4 • 3.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,226 | 1,538.436 |
| Lot Size | 871 | 871 |
| Price | $649.0K | $358.6K |
| Price per sq ft | $292 | $240 |
| Built year | 2017 | 2004 |
| HOA | $0 | $250 |
| Days on market | 205 | 79 |
Pricing History
Listed for Sale
Aug 2, 2026
$649,000
$739,500
-12% Price Drop
Initial Listing
Price Change
Feb 16, 2026
$739,500
Initial Listing