
Nashville, TN 37209
This turnkey townhouse represents a High-Potential Investment Opportunity with a List Price of $389,999—positioned well below the $440,754 Fair Market Value by 11%. This valuation gap provides $50,755 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the 2018 construction features quartz countertops, hardwood flooring, and a layout optimized for high-occupancy stays. Its rare NOOSTR eligibility in the walkable Nations neighborhood ensures robust short-term rental demand near Downtown Nashville. This high-yield asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic wealth-building residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4908 Delaware Ave F Subject | $389,999* List Price | 3 | 3 | 1,377 | $320 | - |
A 1208 Nations Dr Sold | $475,000 | 2 | 3 | 1,440 | $330 | 0.8 mi |
B 400 West Mill Dr Sold | $499,900 | 3 | 3 | 1,470 | $340 | 0.8 mi |
C 5629 Lenox Ave Active | $451,500 List Price | 3 | 3 | 1,404 | $322 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property meets the criteria for excellent condition as it is under 10 years old and features modern, high-quality finishes. The kitchen is equipped with stainless steel appliances, dark wood cabinetry, and white quartz countertops with a large island. Bathrooms feature contemporary vanities and clean tiling. The home includes recessed lighting, hardwood flooring, and a turnkey interior with no signs of deferred maintenance, making it fully move-in ready.
The property features the highly sought-after NOOSTR (Non-Owner Occupied Short-Term Rental) eligibility, offering a turnkey opportunity for investors to capitalize on Nashville's robust tourism market.
Situated in the heart of 'The Nations,' the home boasts exceptional walkability to local breweries, restaurants, and shops, while remaining just 10 minutes from Broadway and Downtown Nashville.
Built in 2018, this 3-bedroom home offers contemporary finishes and an optimized layout that comfortably sleeps 8–10 guests, making it immediately ready for occupancy or rental.
Maintaining the short-term rental eligibility requires an LLC transfer and coordination with Unit C, which may complicate the purchasing process for traditional buyers.
With a lot size of only 436 square feet, the property offers minimal private yard or outdoor living area, which is a common trade-off for high-density urban living.
Walkable to West Nashville’s The Nations, this turnkey 3 bedroom, 3 bath home offers both residential comfort and investment opportunity. Inside, the open layout and modern finishes create an inviting space, with two ensuite bedrooms and room to sleep 8–10 comfortably—ideal for entertaining stays in Music City, or a personal Nashville retreat. Only 10 minutes from Broadway and Downtown, and just steps away from local favorites including shops, restaurants, breweries, and coffee spots, the location combines everyday convenience with proven short-term rental demand. Guests love the walkability, aesthetics, and comfort—making it a favorite for repeat stays. It's ideal for Airbnb or VRBO. The property must be furnished together with Unit C to be eligible for continued short term renting through an LLC transfer. Financials available upon request. NOOSTR NOO STR (Non owner occupied eligible for STR, this is the designation you want in Nashville, if you're an investor!)
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades PK-4 • 0.7 mi
Grades PK-4 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,377 | 1,445 | 48% |
| Lot Size | 436 | 436 | 50% |
| Price | $390.0K | $394.9K | 50% |
| Price per sq ft | $283 | $284 | 50% |
| Built year | 2018 | 2014 | 64% |
| HOA | $135 | $185 | 13% |
| Days on market | 15 | 248 | 2% |
Apr 7, 2026
$389,999
Initial Listing