4405 Kentucky Avenue 402, Nashville, TN 37209, Nashville, 37209 - 2 bed, 2 bath
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4405 Kentucky Avenue 402
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
936Sq Ft
1,307Lot Size
Property Price
LIST PRICE$479,999
EST. MARKET VALUE
$427,418
12% AboveMARKET VALUE
SUMMARY
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $479,999—positioned well above the $427,419 Fair Market Value by -12%. While priced above market, the property features rare NOO STR Zoning and a Mint Condition Rating, ensuring immediate rental viability. With a Private Rooftop Terrace and a 10/10 walkability score in The Nations, this unit offers a premium lifestyle for tenants. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, income-generating property in a high-demand urban corridor.
Estimated Market Value
$427,418
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 Avenue 402 Subject | $479,999* List Price | 2 | 2 | 936 | $457 | - |
A 1638 54th Ave N 228 Sold | $355,000 | 1 | 1 | 874 | $406 | 0.8 mi |
B 1638 54th Ave N 303 Sold | $364,900 | 1 | 1 | 875 | $417 | 0.8 mi |
C 953 44th N 103 Active | $419,900 List Price | 2 | 2 | 850 | $494 | 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 condition. The kitchen features modern cabinetry, stone countertops, and stainless steel appliances. With hardwood floors throughout and recently updated finishes, the unit requires no maintenance and all systems are contemporary.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The property features rare zoning that allows for Non-Owner Occupied Short Term Rentals (NOO STR), making it a highly lucrative opportunity for investors in a high-demand Nashville market.
- Exclusive Outdoor Space
As one of only seven top-floor units, this residence includes a private rooftop terrace with spectacular views, offering a premium amenity for relaxation and entertaining that is rare at this price point.
- Prime Walkable Location
Boasting a 10/10 walkability rating in The Nations, the property is steps from Fat Bottom Brewery and popular local amenities, while remaining less than 10 minutes from downtown Broadway.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1900.
- Compact Interior Footprint
At 936 square feet for a two-bedroom, two-bathroom configuration, the interior living space is relatively tight, which may limit appeal for long-term residents or those requiring more storage.
- Underperforming School District
The assigned middle and high schools have low ratings (2/10), which could deter family-oriented buyers and potentially impact the property's long-term resale value to owner-occupants.
About 4405 Kentucky Avenue 402
**MAJOR PRICE IMPROVEMENT** One of only seven top floor units with private rooftop terraces boasting spectacular views! Lofts @ 44th is perfectly situated in The Nations, one of the most desirable Nashville neighborhoods, less than 10 minutes from downtown Broadway. 10/10 walkability rating only steps away from Fat Bottom Brewery and popular commercial area which includes top local restaurants/coffee shops/bars, unique boutiques, gyms, spas and MORE! Recently renovated and fully furnished this unit offers an open floorplan with hardwood floors, stainless steel appliances and tons of natural light. The real gem is the outdoor rooftop terrace with its privacy and ample space, the perfect spot for relaxing or entertaining guests. Current zoning allows for owner occupant and NOO STR use, a rarity in The Nations, ideal for the savvy investor or first time buyer looking to tap into future investments. Note, unit is currently an active Airbnb, VRBO, NOO STR and regularly booked. Proforma available upon request. Buyer/Buyer's Agent to verify all pertinent information.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $215 / 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 936 | 1,009.207 |
| Lot Size | 1,307 | 871 |
| Price | $480.0K | $339.9K |
| Price per sq ft | $513 | $344 |
| Built year | 2021 | 2007 |
| HOA | $215 | $329 |
| Days on market | 12 | 91 |
Pricing History
Listed for Sale
Aug 28, 2026
$479,999
Initial Listing