612 21st Ave N 412, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This turnkey NOO-STR Investment Asset represents a Prime Investment Opportunity listed at $425,000—positioned well below the $434,399 Fair Market Value by 2%. This valuation gap provides $9,399 in Instant Equity for a property boasting a Mint Condition Rating. Zoned MUG-A for legal short-term rental use, the unit is fully furnished and features luxury amenities like a salt water pool and sky deck. Located in prime Midtown, this is a high-yield acquisition for Short-Term Rental Investors or Out-of-State Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 21st Ave N 412 Subject | $425,000* List Price | 1 | 1 | 597 | $728 | - |
A 612 21st Ave N 411 Sold | $400,000 | 1 | 1 | 544 | $735 | 0.0 mi |
B 612 21st Ave N 411 Sold | $400,000 | 1 | 1 | 544 | $735 | 0.0 mi |
C 610 21st Ave N 101 Active | $449,500 List Price | 1 | 1 | 629 | $715 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and in mint, turnkey condition. The interior features a high-end kitchen with modern stainless steel appliances, contemporary bathroom finishes, and updated systems, meeting all criteria for the highest rating.
The property is zoned MUG-A, allowing for Non-Owner Occupied Short-Term Rentals (Airbnb/VRBO), providing a rare and lucrative opportunity for investors in a high-demand market.
Perfectly positioned near Vanderbilt University, major hospitals, and downtown Nashville, the unit offers exceptional convenience to the city's top employment and entertainment hubs.
Offered fully furnished with high-end finishes, the unit includes access to premium community features like a salt water dipping pool, sky deck, and an exclusive on-site Speakeasy.
At just 597 square feet, the compact size of this one-bedroom flat may feel restrictive for long-term residents or those requiring more storage and living space.
The list price represents a premium cost per square foot, which may impact the overall return on investment compared to larger or less specialized units in the surrounding area.
History meets modern urban living! Nashville's most unique community, beautifully transformed civil war era tobacco warehouse. This newer adjacent section, seamlessly built in 2019 to mirror the aged brick, industrial vibe offers modern construction and luxury appeal. Perfectly positioned Midtown community provides convenience to prime destinations throughout Nashville. The 1865, gated complex sits minutes to West End, The Nations, Vanderbilt, Midtown hospitals, Marathon Village, Centennial Park, Music Row is under 2 miles to downtown Nashville, Gulch North and Nashville Yards. Upscale design and professionally decorated unit features luxury furnishings, spacious high end kitchen and finished hardwood floors. This One Bedroom Flat is being offered fully furnished. Enjoy the salt water dipping pool, outdoor entertainment area, fire pit, sky deck, fitness center and on-site Speakeasy. Add to your portfolio with this truly unique & turnkey AIRBNB / VRBO Non-Owner Occupied STR eligible zoned MUG-A for permitting ease AND desirable amenities. Turnkey flexibility to suit your needs: investor opportunity for long term growth or instant income production with long / mid / short-term rental or move-in ready for student, parent, local professional or frequent Nashville traveler. Don't wait...Experience urban living with historical charm and the ideal Nashville location in Unit #412 at The 1865 - it's ready for you!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 597 | 1,100 | 6% |
| Lot Size | 436 | 871 | 20% |
| Price | $425.0K | $407.5K | 56% |
| Price per sq ft | $712 | $425 | 83% |
| Built year | 2019 | 2014 | 74% |
| HOA | $256 | $446 | 30% |
| Days on market | 22 | 319 | 2% |
Apr 28, 2026
$425,000
Initial Listing