402 Cleveland St 3, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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Nashville, TN 37207
This High-Yield NOO STR Asset represents a strategic acquisition, with a List Price of $808,000 aligned perfectly with its $808,000 Fair Market Value. Boasting an Excellent Condition Rating, this 2021 "California contemporary" build features a transferable short-term rental permit and a private rooftop with Nashville skyline views. Designed to maximize occupancy, the four-bedroom layout offers a turn-key solution for immediate revenue generation. This proven income-producer is a premier choice for Short-Term Rental Investors or 1031 Exchange Buyers seeking a stable, high-demand urban investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Cleveland St 3 Subject | $808,000* List Price | 4 | 4 | 1,599 | $505 | - |
A 1409 Napoleon Sold | $925,000 List Price | 4 | 4 | 1,844 | 0.9 mi | |
B 1128 Brick Church Pike Sold | $1,045,000 | 4 | 4 | 2,020 | $517 | 0.9 mi |
C 83 Lucile Street Sold | $993,640 | 4 | 4 | 2,090 | $475 | 0.8 mi |
D 1308 Montgomery Ave 5 Active | $650,000 List Price | 4 | 4 | 1,731 | $376 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property, built in 2021, is in like-new condition and meets all criteria for an excellent rating. It features ultra-modern 'California contemporary' design with high-end finishes including a chef's kitchen with quartz countertops, durable LVT flooring, and high-efficiency HVAC and appliances. The bathrooms are styled with contemporary tile work and black hardware, and the overall structure shows no signs of wear or deferred maintenance, offering a completely turn-key living space.
The property includes a rare and valuable transferable Non-Owner Occupied Short Term Rental (NOO STR) permit, offering immediate, proven income potential in a high-demand market.
Built in 2021, this ultra-modern home features a stunning rooftop with city views and a 'California contemporary' open floor plan designed to maximize the guest experience.
The residence is fully equipped with a chef's kitchen, quartz countertops, durable LVT flooring, and high-efficiency HVAC and appliances, ensuring a low-maintenance, move-in-ready investment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1599, other record living area = 1772.
The local public schools are rated poorly (2-3 out of 10), which may deter long-term residential buyers and limit the property's appeal for traditional family occupancy.
With four bedrooms and four bathrooms condensed into 1,599 square feet on a minimal 436-square-foot lot, the interior layout may feel cramped and lacks private outdoor yard space.
Ultra modern NOO STR with rooftop city views: designed from the ground up to maximize short term rental income! Sunbathed California contemporary open floor plans w/durable high-end details, this home dazzle at every turn. Chef's kitchen, fabulous master suite, quartz, LVT floors, high efficiency appliances & HVAC, LED lighting & 2 car garage. Proven Non-Owner Occupied Short Term Rental with a permit that is transferable. Turn key and ready to rock.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 0.6 mi
Grades 5-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,599 | 1,898 | 13% |
| Lot Size | 436 | - | 68% |
| Price | $808.0K | $530.0K | 68% |
| Price per sq ft | $505 | $299 | 70% |
| Built year | 2021 | 2025 | 28% |
| HOA | $250 | $188 | 78% |
| Days on market | 198 | 342 | 20% |
Oct 6, 2025
$808,000
Initial Listing