
Nashville, TN 37216
This Turnkey NOO STR Investment Asset is listed at $535,000—positioned below the $538,371 Fair Market Value by 1%. Featuring an Excellent Condition Rating, the 2019 construction includes a Quartz Kitchen, stainless appliances, and a signature Rooftop Deck with wooded greenbelt views. As the only 3-bedroom short-term rental under $600,000 in this corridor, the property leverages a proven revenue model with neighboring units grossing over $149,000 annually. This high-upside acquisition is perfectly suited for Short-Term Rental Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3802D Hutson Ave Subject | $510,000* List Price | 3 | 4 | 2,161 | $237 | - |
A 3802B Hutson Ave Active | $584,900 List Price | 4 | 4 | 2,312 | $253 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is well within the 10-year threshold for an excellent rating. It features high-end modern finishes including a kitchen with quartz countertops, stainless steel appliances, and shaker-style cabinetry. The interior boasts hardwood flooring, contemporary light fixtures, and a rooftop deck, all showing no signs of deferred maintenance or physical depreciation.
As a fully furnished, Non-Owner Occupied Short-Term Rental (NOO STR) with a proven revenue model in the complex, this property offers immediate cash-flow potential and a seamless transition for investors.
The inclusion of a large rooftop deck and two private balconies significantly enhances the property's appeal for guests, providing the high-demand outdoor amenities essential for maximizing rental rates in the Nashville market.
Priced under $600k, this is currently the only 3-bedroom, 3.5-bathroom STR on the market with a rooftop deck, offering high-end finishes and modern 2019 construction at a highly competitive price point.
The property is listed as a Stock Cooperative, which can be more difficult to finance and may limit the pool of potential buyers compared to traditional fee-simple or condominium ownership.
With a very small lot size of 871 square feet, there is virtually no private yard space, which may be a drawback for guests with pets or those seeking more privacy from neighboring units.
Fully Furnished (Turn Key) NOO STR (Non Owner Occupied Short Term Rental) Eligible with two beautiful balcony's & a Large Rooftop Deck. Designed from the ground up to maximize STR income by offering high end finishes, stainless steel appliances and quartz countertops. Currently the only 3-bed 3.5 bath STR on the market with a rooftop deck under 600k. Renown STR expert and multimillionaire investor Michael Elefante owns a unit in this complex which brings in over 149K in gross revenue per year. This property has incredible upside potential, schedule a showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,161 | 1,733.5 | 60% |
| Lot Size | 871 | 871 | 50% |
| Price | $510.0K | $528.5K | 50% |
| Price per sq ft | $236 | $278 | 30% |
| Built year | 2019 | 2021 | 40% |
| HOA | $80 | $40 | 50% |
| Days on market | 71 | 727 | 10% |
May 26, 2026
$510,000
$535,000
-5% Price Drop
Initial Listing
May 6, 2026
$535,000
$548,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$548,000
Initial Listing