4405 Kentucky Ave 202, Nashville, TN 37209, Nashville, 37209 - 1 bed, 1 bath
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4405 Kentucky Ave 202
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
647Sq Ft
871Lot Size
Property Price
LIST PRICE$359,999
EST. MARKET VALUE
$316,257
13% AboveMARKET VALUE
SUMMARY
This STR-eligible condominium represents a High-Potential Investment Opportunity, listed at $359,999—positioned above the $313,317 Fair Market Value. While priced at a premium, the property’s Mint, Turnkey Condition and rare non-owner-occupied short-term rental eligibility provide immediate income-producing utility in the heart of The Nations. Featuring modern stainless steel appliances and hardwood-style flooring, this unit offers a low-maintenance lifestyle. This is an ideal acquisition for Buy-and-Hold Investors seeking cash flow or Owner-Occupants desiring a modern, flexible Nashville pied-à-terre.
Estimated Market Value
$316,257
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4405 Kentucky Ave 202 Subject | $359,999* List Price | 1 | 1 | 647 | $489 | - |
A 505 Community Ct 103 Sold | $275,000 | 1 | 1 | 670 | $410 | 0.1 mi |
B 1638 54th Ave N 230 Sold | $292,500 | 1 | 1 | 703 | $416 | 0.8 mi |
C 1677 54th Ave N 119 Sold | $323,000 | 1 | 1 | 705 | $458 | 0.9 mi |
D 1638 54th Ave N 310 Sold | $285,000 | 1 | 1 | 692 | $412 | 0.8 mi |
E 1677 54th Ave N 232 Sold | $300,000 | 1 | 1 | 705 | $426 | 0.9 mi |
F 1638 54th Ave N 228 Sold | $355,000 | 1 | 1 | 874 | $406 | 0.8 mi |
G 1638 54th Ave N 303 Sold | $364,900 | 1 | 1 | 875 | $417 | 0.8 mi |
H 4405 Kentucky Ave 401 Active | $379,000 List Price | 1 | 1 | 646 | $587 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint, turnkey condition. The kitchen features modern cabinetry, stone countertops, and stainless steel appliances. All major systems (HVAC, electrical, plumbing) are nearly new, and the interior finishes like hardwood-style flooring and crown molding show no signs of wear.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Eligibility
The property is eligible for a non-owner-occupied short-term rental (STR) permit, providing a rare and high-value opportunity for investors seeking consistent income in the Nashville market.
- Prime Location in The Nations
Situated in one of Nashville's most walkable and trendy neighborhoods, the unit is minutes away from popular breweries, dining, and local amenities, ensuring high demand for both guests and tenants.
- Modern Turnkey Condition
Built in 2021, this contemporary condo features high-end finishes like hardwood-style flooring and stainless steel appliances, offering a low-maintenance, move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 647 square feet, the compact layout may feel restrictive for long-term residents or those requiring additional storage and home office space.
- Low School Ratings
The property is zoned for schools with low performance ratings (2/10), which could deter owner-occupant families and potentially impact long-term resale value to a broader market.
About 4405 Kentucky Ave 202
Modern, turnkey, and STR-eligible in the heart of The Nations! This beautifully maintained 1-bedroom, 1-bath condo at The Lofts on 44th offers the perfect combination of Nashville lifestyle and investment flexibility. Built in 2021, this open-concept unit features a bright living space, modern kitchen with stainless steel appliances, hardwood-style flooring, crown molding, and in-unit washer and dryer. Located in one of Nashville’s most popular neighborhoods, you’ll be just minutes from Fat Bottom Brewing, local restaurants, coffee shops, Charlotte Avenue, Sylvan Park, Downtown Nashville, and Broadway. Enjoy the energy and convenience of Nashville while having a neighborhood to come home to. For investors, this condo is eligible for a non-owner-occupied short-term rental permit, creating a rare opportunity to own an income-producing property in a Nashville condo community that allows STR use. The unit has previously been operated successfully as both a long-term rental and short-term rental, with rental history available for review. Whether you’re looking for a turnkey investment, Nashville pied-à-terre, weekend getaway, or low-maintenance primary residence, this property offers exceptional flexibility.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $153 / Month
Neighborhood Insights
Nashville Unified Schools
Cockrill Elementary School
Grades PK-4 • 0.4 mi
4/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 0.9 mi
5/10
Sylvan Park Paideia Design Center
Grades PK-4 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 647 | 1,009.207 |
| Lot Size | 871 | 871 |
| Price | $360.0K | $339.9K |
| Price per sq ft | $556 | $344 |
| Built year | 2021 | 2007 |
| HOA | $153 | $329 |
| Days on market | 34 | 91 |
Pricing History
Listed for Sale
Aug 6, 2026
$359,999
Initial Listing