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
$418,218
14% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $479,999, positioned above the $418,219 Fair Market Value. Despite the premium, the property features rare NOO STR zoning in The Nations, making it a turnkey Asset for short-term rental income. Boasting a Mint Condition Rating and a Private Rooftop Terrace, this unit offers immediate operational potential. While school ratings are modest, the 10/10 Walkability and proximity to downtown drive high demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-yield, low-maintenance Nashville property.
Estimated Market Value
$418,218
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 2 bd · 2 ba · 936 sqft · $447 | $479,999* List Price | 2 | 2 | 936 | $447 | - |
A 1677 54th Ave N 439 Sold 1 bd · 1 ba · 874 sqft · $394 · 1.0 mi | $344,000 | 1 | 1 | 874 | $394 | 1.0 mi |
B 1638 54th Ave N 228 Sold 1 bd · 1 ba · 874 sqft · $406 · 0.8 mi | $355,000 | 1 | 1 | 874 | $406 | 0.8 mi |
C 953 44th N 103 Active 2 bd · 2 ba · 850 sqft · $494 · 0.0 mi | $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 under 10 years old and in mint condition. The images show a modern kitchen with stainless steel appliances, stone countertops, contemporary finishes, and hardwood flooring throughout, indicating no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The property features rare zoning that allows for Non-Owner Occupied Short Term Rental (NOO STR) use, providing a turnkey opportunity for investors in a high-demand Nashville market.
- Exclusive Outdoor Space
As one of only seven top-floor units, this loft includes a private rooftop terrace with spectacular views, offering a premium outdoor living and entertaining area that is rare for the building.
- Prime Walkable Location
Located in the heart of The Nations with a 10/10 walkability rating, 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.
- School District Ratings
The property is zoned for several schools with low performance ratings, including McKissack Middle and Pearl Cohn High, which may be a concern for families prioritizing education.
- Compact Living Area
At 936 square feet for a two-bedroom, two-bathroom configuration, the interior living space is relatively compact, which could limit appeal for long-term residents seeking more room.
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 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $480.0K | $347.6K |
| Price per sq ft | $513 | $343 |
| Built year | 2021 | 2007 |
| HOA | $215 | $334 |
| Days on market | 57 | 92 |
Pricing History
Listed for Sale
Aug 28, 2026
$479,999
Initial Listing