
Nashville, TN 37216
This Turnkey NOO-STR Income Asset is listed at $629,000, representing a stable market entry positioned near its $619,466 Fair Market Value. Boasting a Pristine Condition Rating, this 2024 construction is specifically engineered for high-yield occupancy with a 4-bedroom layout designed to sleep 12 guests. The property features a rooftop deck with downtown skyline views, premium Frigidaire Professional appliances, and rare commercial zoning for short-term rental eligibility. Located in a high-walkability East Nashville corridor, this is a strategic acquisition for Short-Term Rental Investors or 1031 Exchange Buyers seeking significant tax advantages.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 Normans Ct Subject | $629,000* List Price | 4 | 4 | 1,894 | $327 | - |
A 306 Normans Ct Sold | $750,000 List Price | 4 | 4 | 1,894 | 0.0 mi | |
B 806 Vibe Pl Sold | $547,000 | 3 | 3 | 1,527 | $358 | 0.0 mi |
C 1080 Zophi St A Sold | $675,000 | 4 | 4 | 2,170 | $311 | 0.2 mi |
D 914 Elvira Ave A Sold | $599,000 | 4 | 4 | 2,544 | $235 | 0.1 mi |
E 1400 Litton Ave A Sold | $695,000 | 3 | 3 | 2,192 | $317 | 0.6 mi |
F 1043 E Trinity Ln Active | $629,000 List Price | 4 | 4 | 1,894 | $332 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2024 new-construction home features high-end designer finishes, including Frigidaire Professional Line appliances, quartz countertops, two-toned cabinetry, and modern brushed brass fixtures. The property is in pristine condition with contemporary LVP flooring and premium tilework throughout, meeting the highest standards for quality and maintenance.
Commercially zoned and NOO-STR eligible, this property is optimized for short-term rental income with the capacity to sleep 12 guests and significant tax advantages like 100% bonus depreciation.
The expansive rooftop deck offers panoramic downtown skyline views and hot-tub hookups, providing a high-demand feature that significantly enhances guest experience and rental desirability.
Perfectly positioned for walkability to iconic local spots like Fox Bar and Pharmacy Burger, with quick access to Ellington Parkway and major highways for easy commuting.
The 1,894 sq. ft. layout is spread across three levels plus a rooftop, which may be challenging for guests with mobility issues or those who find frequent stair-climbing inconvenient.
With a lot size of only 871 sq. ft., the property lacks a traditional private yard, relying entirely on the rooftop and shared community spaces for outdoor activity.
Preferred Lender Incentive equaling 1% for buyer to use toward closing costs or rate buydown! This property could be a perfect 1031 exchange opportunity w/ 100% bonus depreciation & cost-segregation strategies, buyers may save up to 30% on their taxes- Investors continue to buy strs because of the high yield income & tax advantages & are a hedge against inflation! Vivian Lux is an exclusive boutique community of 8 new-construction homes in vibrant East Nashville—only 4 remain. This commercially zoned NOO-STR–eligible 4 bed, 4 bath home spans 3 levels- 1,894 sq. ft. & can sleep up to 12 guests, making it an amazing income-producing asset. Curated by CLK Designs, the interior features a warm, elevated designer palette. The kitchen showcases striking two-toned cabinetry, white quartz countertops, a bold statement backsplash, brushed brass fixtures, and premium Frigidaire Professional Line appliances—including a microwave with built-in air-fryer functionality. A balcony just off the living room provides an effortless indoor–outdoor flow. Light oak LVP flooring flows throughout, and each spacious bedroom offers a cozy, private retreat ideal for Airbnb guests. All bathrooms feature quartz countertops and beautifully detailed tilework. The showstopper is the expansive rooftop deck with panoramic downtown skyline views—complete with hot-tub hookups, and the option to add a private hot tub for just $5,000. 1-car garage adds security and convenience, w/ guest parking onsite. Future amenities—including a pickleball court & putting green—will further enhance guest experience and occupancy. Perfectly positioned on East Trinity Lane with quick access to Ellington Pkwy & major highways, plus walkability to East Nashville favorites: Osa Coffee, Fox Bar, Grimeys, Attaboy, Folk, Pharmacy Burger, Turnip Truck & Publix. Outdoor lovers will love the proximity to Shelby Bottoms and South Inglewood Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 4.0 | 3.0 | 55% |
| Square foot | 1,894 | 1,815.5 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $629.0K | $503.4K | 64% |
| Price per sq ft | $332 | $309 | 64% |
| Built year | 2024 | 2022 | 77% |
| HOA | $150 | $0 | 68% |
| Days on market | 399 | 897 | 41% |
Mar 19, 2025
$629,000
Initial Listing