
Nashville, TN 37209
This High-Density Rental Asset is a strategic acquisition with a List Price of $449,999, representing a fair entry point at its $449,999 Fair Market Value. The offering includes two Stock Cooperative townhomes totaling 10 Bedrooms and 6 Bathrooms, situated directly across from Tennessee State University. Featuring a Good Condition Rating and a recently renovated exterior, the property is optimized for immediate cash flow and minimal near-term maintenance. This high-capacity residential portfolio is an ideal match for Buy-and-Hold Investors or Portfolio Scalers seeking reliable rental demand in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3210 Albion St Subject | $449,999* List Price | 5 | 3 | 2,376 | $189 | - |
A 1000 33rd Ave N Active | $449,999 List Price | 5 | 3 | 2,376 | $189 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2009, falling within the 10-20 year range for a 'good' condition score. The exterior has been recently renovated within the last two years, enhancing curb appeal. Interior photos show the home is move-in ready with well-maintained hardwood-style flooring, clean carpets in bedrooms, and updated recessed lighting. While the finishes appear to be standard rental-grade, the overall condition is functional and requires no immediate major renovations.
Situated directly across from Tennessee State University and within minutes of downtown and major hospitals, this property is ideally positioned to capture consistent rental demand from students and professionals.
The sale includes two townhomes totaling 10 bedrooms, offering an exceptional unit-to-price ratio that maximizes potential gross rental income and portfolio scaling.
With the exterior renovated within the last two years, the property offers improved curb appeal and reduced immediate capital expenditure requirements for external maintenance.
Listed as a Stock Cooperative, this property may face more restrictive financing options and a smaller pool of eligible buyers compared to traditional fee-simple real estate.
Each unit contains 5 bedrooms but only 2 full bathrooms, which may lead to logistical challenges for high-occupancy tenant groups and could impact long-term tenant satisfaction.
Amazing Investment Opportunity: TWO TOWNHOMES ACROSS FROM TSU! Investors, take note! This is a rare chance to acquire not one, but TWO townhomes being sold together (1000 33rd Ave N). Located directly across the street from TSU and within minutes of other colleges, hospitals, and downtown, this property is perfectly positioned for maximizing rental income. Each townhome offers 5 spacious bedrooms, 2.5 bathrooms and a laundry room, providing a total of 10 bedrooms, 4 full bathrooms, 2 half bathrooms, and 2 laundry rooms. Whether you're looking to rent to students, medical professionals, or large families, the potential is endless. The exterior has been recently renovated within the last two years. With both units to be sold together, this property is an investor's dream. Don’t miss out on this opportunity to add a high-performing asset to your portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,376 | 2,190 | 63% |
| Lot Size | 871 | 871 | 50% |
| Price | $450.0K | $595.0K | 26% |
| Price per sq ft | $189 | $304 | 19% |
| Built year | 2009 | 2020 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 172 | 264 | 18% |
Nov 1, 2025
$449,999
Initial Listing