732 1st Ave N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This Turn-key NOO-STR Investment Asset is listed at $418,000, representing a specialized entry into Nashville’s high-demand short-term rental market. While the $359,015 Fair Market Value reflects standard residential benchmarks, the property’s Airbnb Guest Favorite status and DTC Zoning justify its premium valuation as an income-producing vehicle. Featuring a Condition Rating of 3, the unit boasts Modern Wood-Style Flooring and a Private Balcony with Riverfront Views. This is a strategic acquisition for Short-Term Rental Investors or Buy-and-Hold Investors seeking a cash-flowing downtown asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 1st Ave N Subject | $418,000* List Price | 1 | 1 | 630 | $570 | - |
A 740 1st Ave N Sold | $400,000 | 1 | 1 | 630 | $635 | 0.0 mi |
B 301 Demonbreun St 911 Sold | $378,000 | 1 | 1 | 714 | $529 | 1.0 mi |
C 301 Demonbreun St 911 Sold | $378,000 | 1 | 1 | 714 | $529 | 1.0 mi |
D 1028 1st Ave N Active | $375,000 List Price | 1 | 1 | 630 | $595 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and currently operates as a successful turn-key short-term rental. Although the building was constructed in 1986, the unit interior has been updated with modern wood-style flooring, contemporary light fixtures, and fresh neutral paint. The living and dining areas appear well-maintained with no visible deferred maintenance. While the building infrastructure and balcony decking show some signs of age consistent with a 39-year-old property, the unit itself meets modern quality standards for immediate occupancy or investment.
The property is a turn-key, non-owner occupied short-term rental (NOO-STR) with a proven track record as an Airbnb Guest Favorite, offering significant investment appeal in the Nashville market.
As a top-floor unit with a private balcony, the condo provides stunning views of the evolving Nashville riverfront and is within walking distance to major downtown attractions.
The building offers an extensive suite of amenities, including a pool, fitness center, and free covered parking, which is a highly desirable and rare feature for the downtown area.
Constructed in 1986, the building is nearly 40 years old, which may lead to higher maintenance requirements or potential special assessments compared to newer developments.
At 630 square feet, the unit's smaller footprint may limit its appeal for long-term residents or larger groups, despite its functional layout for short-term stays.
Fantastic short-term rental investment! This top-floor Riverfront condo, an Airbnb Guest Favorite, features a spacious bedroom with walk-in closet and full bath, an open living/dining area with sleeper sofa, and a fully stocked kitchen designed to host up to 4 guests. The large private balcony offers stunning views of Nashville’s evolving riverfront. Whether you’re seeking a fully turn-key NOO-STR or a place to call home, this condo checks all the boxes. This prime location is walking distance to the vibrant restaurants, shopping, and all that Nashville has to offer. Riverfront Condo’s amenities include a pool, fitness center, fire pit, grills, laundry room, and free covered parking with room for all. Ask agent for rental and revenue history.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 630 | 1,009 | 11% |
| Lot Size | 436 | 871 | 28% |
| Price | $418.0K | $838.8K | 28% |
| Price per sq ft | $663 | $649 | 50% |
| Built year | 1986 | 2008 | 28% |
| HOA | $394 | $715 | 22% |
| Days on market | 198 | 253 | 39% |
Oct 6, 2025
$418,000
Initial Listing