
Nashville, TN 37209
This NOOSTR-Approved Investment Asset is listed at $395,000, representing a strategic entry point for rare short-term rental eligibility in Nashville against a $352,504 Fair Market Value. Boasting an Excellent Condition Rating, this 2020-built residence features modern quartz countertops, stainless appliances, and secure elevator access. Located in the heart of The Nations, the property offers elite walkability to premier social hubs and dining. This turnkey, potentially fully-furnished unit is a high-demand acquisition ideal for Short-Term Rental Investors or Out-of-State Buyers seeking a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5403 Centennial Blvd 203 Subject | $395,000* List Price | 1 | 1 | 774 | $455 | - |
A 1677 54th Ave N 403 Sold | $325,000 | 1 | 1 | 705 | $461 | 0.0 mi |
B 1638 54th Ave N 303 Sold | $364,900 | 1 | 1 | 875 | $417 | 0.2 mi |
C 1638 54th Ave N 234 Sold | $362,500 | 1 | 1 | 874 | $415 | 0.1 mi |
D 1677 54th Ave N 412 Sold | $283,000 | 1 | 1 | 705 | $401 | 0.2 mi |
E 1677 54th Ave N 413 Sold | $299,900 | 1 | 1 | 705 | $425 | 0.2 mi |
F 1677 54th Ave N 413 Sold | $299,900 | 1 | 1 | 705 | $425 | 0.2 mi |
G 1505 54th Ave N 302 Active | $389,900 List Price | 1 | 1 | 786 | $496 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is well within the 10-year threshold for an excellent rating. The interior features modern, high-quality finishes including quartz countertops, a subway tile backsplash, stainless steel appliances, and contemporary flat-panel cabinetry. The open-concept living space is equipped with recessed lighting, modern fixtures, and durable wood-look flooring, all showing no signs of physical depreciation or deferred maintenance.
The property is NOOSTR-approved, providing a rare and highly sought-after opportunity for investors to operate a legal non-owner occupied short-term rental in Nashville.
Located in the heart of The Nations, the unit boasts an exceptional walkability score with immediate access to popular dining, coffee shops, and local boutiques.
Built in 2020, this unit offers modern construction, a secure building with elevator access, and the option to purchase fully furnished for a seamless transition.
At 774 square feet with only one bedroom, the unit's compact size may limit its appeal to larger groups or long-term residents seeking more space.
The assigned middle and high schools have lower academic ratings, which could be a deterrent for long-term owner-occupants and impact future resale value.
NOOSTR Investment Opportunity in The Nations! Discover The Boomerang, a hidden gem in one of Nashville’s hottest neighborhoods! With only 10 exclusive units, this is a rare chance to own in a prime NOOSTR-approved property. Located in the heart of The Nations, one of West Nashville’s most vibrant and walkable communities, you’re steps from Frothy Monkey, local boutiques, top-rated restaurants, and lively bars. Enjoy the convenience of an elevator, a secure building, and one assigned parking spot—a true luxury in this bustling area. Whether you’re looking for a lucrative short-term rental or a personal getaway, this unit lets your guests experience Nashville like a true local. Plus, there's an option to purchase fully furnished, making it a seamless, turnkey investment. West Nashville is booming, offering a dynamic mix of modern development and historic charm. With easy access to downtown, scenic parks, and a growing entertainment scene, this is an unbeatable opportunity in Music City’s thriving short-term rental market.
No exterior & parking available.
Grades PK-4 • 0.8 mi
Grades PK-4 • 1.5 mi
Grades PK-4 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 774 | 896 | 23% |
| Lot Size | 871 | 871 | 50% |
| Price | $395.0K | $346.2K | 59% |
| Price per sq ft | $510 | $387 | 95% |
| Built year | 2020 | 2020 | 50% |
| HOA | $228 | $198 | 77% |
| Days on market | 394 | 307 | 73% |
Mar 24, 2025
$395,000
Initial Listing