732 1st Ave, N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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732 1st Ave
N, Nashville, TN 37201
ACTIVE
CONDITION: GOOD
1Beds
1Baths
630Sq Ft
436Lot Size
Property Price
LIST PRICE$405,000
EST. MARKET VALUE
$388,080
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a turn-key NOO-STR Asset listed at $405,000, positioned above the $388,080 Fair Market Value. Despite the premium, the property maintains a Condition Rating of 3, featuring modern finishes and a proven track record with $33,000 in existing bookings. Key amenities include a pool, fitness center, and private balcony with riverfront views. This property is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a stable, income-generating unit in a prime downtown location.
Estimated Market Value
$388,080
Based on Realkey algorithm analyzing recent comparable sales in N.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 1st Ave Subject 1 bd · 1 ba · 630 sqft · $616 | $405,000* List Price | 1 | 1 | 630 | $616 | - |
A 1028 1st Ave N Sold 1 bd · 1 ba · 630 sqft · $595 · 0.2 mi | $375,000 | 1 | 1 | 630 | $595 | 0.2 mi |
B 301 Demonbreun St 907 Sold 1 bd · 1 ba · 720 sqft · $507 · 0.9 mi | $365,000 | 1 | 1 | 720 | $507 | 0.9 mi |
C 301 Demonbreun St 1713 Sold 1 bd · 1 ba · 837 sqft · $538 · 1.0 mi | $450,000 | 1 | 1 | 837 | $538 | 1.0 mi |
D 762 1st Ave N Active 1 bd · 1 ba · 630 sqft · $681 · 0.0 mi | $429,000 List Price | 1 | 1 | 630 | $681 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the condo has been well-maintained and updated to serve as a turn-key short-term rental. The interior features modern hardwood flooring, updated lighting, and clean finishes, making it fully functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
As a turn-key Non-Owner Occupied Short-Term Rental (NOO-STR) with $33,000 in existing revenue bookings, this property offers immediate cash flow and a proven track record for investors.
- Prime Riverfront Location
This top-floor unit features a private balcony with stunning views of Nashville’s evolving riverfront and is within walking distance to the city's premier dining, shopping, and entertainment districts.
- Comprehensive Amenity Package
The building offers an impressive array of amenities including a pool, fitness center, fire pit, and rare free covered parking, which is a significant value-add in a dense urban market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 619.
- Extended Days on Market
With 358 days on the market, the property may face buyer skepticism regarding its pricing strategy or potential underlying issues that have prevented a timely sale.
- Aging Infrastructure
Built in 1986, the property and building systems are nearly 40 years old, which may lead to higher maintenance costs or future capital assessments compared to newer downtown developments.
About 732 1st Ave
Fantastic short-term rental investment! $33,000 in rental revenue bookings as of July 2026. 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $394 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 630 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $405.0K | $347.6K |
| Price per sq ft | $643 | $343 |
| Built year | 1986 | 2007 |
| HOA | $394 | $334 |
| Days on market | 383 | 92 |
Pricing History
Listed for Sale
Oct 6, 2025
$405,000
Initial Listing