
Nashville, TN 37218
This brand-new 2025 construction represents a High-Potential Investment Opportunity, listed at $699,200—positioned above the $587,835 Fair Market Value. While priced at a premium, the property is specifically engineered for NOO STR Eligibility, offering a turnkey, low-maintenance asset with modern finishes and a Mint Condition Rating. Its strategic location near the Cumberland River and Downtown Nashville drives strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, income-generating residence in a high-growth urban district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3121 River Dr Subject | $699,200* List Price | 3 | 3 | 1,760 | $334 | - |
A 2401 Stivers St Sold | $649,999 | 4 | 4 | 2,144 | $303 | 0.8 mi |
B 2000 S Hamilton Rd 4 Active | $615,339 List Price | 3 | 3 | 1,529 | $402 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction in mint condition. The kitchen and bathrooms feature modern finishes, including quartz countertops, subway tile backsplashes, and contemporary gold hardware. As a new build, all major systems (HVAC, electrical, plumbing) are brand new and require no maintenance.
The property is approved for non-owner occupied short-term rentals (NOO STR), a rare and highly lucrative zoning designation in Nashville that maximizes investment returns via platforms like Airbnb and VRBO.
As a 2025 build, this home offers contemporary finishes, energy efficiency, and a multi-level layout specifically designed to provide privacy for guests or residents, ensuring low maintenance costs.
Located minutes from Downtown Nashville and the emerging River District, the property combines easy city access with proximity to the Cumberland River, making it highly attractive to tourists and professionals.
The assigned middle and high schools have low ratings (3 and 1 respectively), which may limit the property's long-term appreciation potential for families seeking a primary residence.
With a lot size of only 871 square feet, the property offers virtually no private yard or significant outdoor living area, which could be a deterrent for certain buyers or long-term tenants.
Introducing a brand-new modern multi-level home at 3121 River Dr in Nashville, designed for maximum flexibility as a non-owner occupied short-term rental (NOO STR), full-time residence, or furnished investment property. Approved for STRP and non-owner occupied use, this home offers a rare opportunity to own a legitimate Airbnb and VRBO–approved property in a highly desirable location. The layout was intentionally designed to perform well as a short-term rental while remaining comfortable as a primary home. Multiple levels create natural separation and privacy, valued by both guests and homeowners. The main living level features an open, inviting entertaining space with a convenient half bath—perfect for hosting gatherings or daily living. This level serves as the social heart of the home, supporting strong rental performance and relaxed livability. Upper levels offer private bedroom suites ideal for multi-guest stays, traveling professionals, or owners who wish to rent while maintaining personal space. The top-level retreat provides exceptional privacy, making it perfect as a primary suite, home office, or premium guest accommodation—features that help drive higher Airbnb reviews, nightly rates, and repeat bookings. Situated near the Cumberland River and minutes from Downtown Nashville and the growing River District, this location combines city access with a quieter residential feel. New construction, modern finishes, and an efficient layout make this a low-maintenance, turnkey STR or primary residence in one of Nashville’s most promising areas. Whether expanding a NOO STR portfolio, operating a high-performing Airbnb or VRBO, or living in a modern home with income potential, this property delivers rare zoning, flexibility, and long-term value.
No exterior & parking available.
Grades PK-4 • 2.4 mi
Grades 5-8 • 8.5 mi
Grades 9-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 4.0 | 40% |
| Square foot | 1,760 | 2,144 | 40% |
| Lot Size | 871 | 871 | 50% |
| Price | $699.2K | $637.0K | 80% |
| Price per sq ft | $397 | $253 | 80% |
| Built year | 2025 | 2025 | 50% |
| HOA | $125 | $0 | 80% |
| Days on market | 37 | 251 | 20% |
May 13, 2026
$699,200
Initial Listing