611 27th Ave N, Nashville, TN 37209, Nashville, 37209 - 4 bed, 4 bath
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Nashville, TN 37209
This High-Potential Investment Opportunity is a Stock Cooperative listed at $769,000, positioned above the $694,861 Fair Market Value. While the property commands a premium, it offers a rare, transferable NOO STRP permit and a proven annual income history of up to $191,000. Featuring an Excellent Condition Rating and an expansive rooftop deck with panoramic skyline views, this turnkey asset is sold fully furnished with existing bookings. It is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking immediate, high-yield cash flow in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 27th Ave N Subject | $699,500* List Price | 4 | 4 | 1,951 | $331 | - |
A 2910 Felicia St 1 Sold | $815,000 | 4 | 4 | 2,305 | $354 | 0.3 mi |
B 530 28th Ave N Sold | $700,000 | 4 | 4 | 2,204 | $318 | 0.1 mi |
C 534 28th Ave N Active | $799,000 List Price | 4 | 4 | 2,204 | $363 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, meeting the criteria for excellent condition. The images showcase modern, high-end bathroom fixtures, contemporary tile work, and well-maintained hardwood flooring. As a newer construction, the HVAC and electrical systems are within their prime operational window, and the overall aesthetic is mint and move-in ready.
Features a rare, transferable Non-Owner Occupied Short Term Rental (NOO STRP) permit with a proven annual income history ranging from $120,000 to $191,000.
The property is sold fully furnished with existing bookings included, providing immediate cash flow and a seamless transition for the new owner.
Boasts an expansive rooftop deck with unparalleled views of the Downtown Nashville skyline, a major value-add for attracting high-end short-term rental guests.
The requirement to acquire an LLC to maintain the STR permit and the 'Stock Cooperative' sub-type may complicate traditional financing and the closing process.
With 107 days on the market, the property may be facing pricing resistance or increased competition in the local short-term rental inventory.
Non-Owner Occupied Short Term Rental Permitted (NOO STRP) property. Enjoy unparalleled views of the Downtown Nashville skyline from the expansive rooftop deck. Proven rental income history of $120,000 to $191,000 per year, providing immediate cash flow. Property to be sold fully furnished and with existing bookings.This Realtracs/MLS listing is for the purchase of the home at this address. An active NOO STR permit, held within a separate entity, is included in the sale. Buyers intending to continue Airbnb, VRBO, or other short-term rental operations must acquire the LLC as part of the transaction. Closing for both the property and LLC to be coordinated through a single title company.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,951 | 2,108 | 29% |
| Lot Size | 871 | 871 | 50% |
| Price | $699.5K | $585.0K | 67% |
| Price per sq ft | $359 | $299 | 86% |
| Built year | 2018 | 2020 | 27% |
| HOA | $125 | $0 | 59% |
| Days on market | 143 | 287 | 2% |
May 31, 2026
$699,500
$769,000
-9% Price Drop
Initial Listing
Jan 23, 2026
$769,000
Initial Listing