738 Douglas Ave #7, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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738 Douglas Ave #7
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,932Sq Ft
0Lot Size
Property Price
LIST PRICE$729,999
EST. MARKET VALUE
$729,999
SUMMARY
This High-Potential Investment Opportunity is a Turnkey STR Asset listed at $729,999, which aligns perfectly with its $729,999 Fair Market Value. Built in 2021, this property maintains a Mint Condition Rating and features a Rooftop Terrace with Skyline Views. The inclusion of a transferable NOO STR Permit ensures immediate income potential in the high-demand East Nashville market. While local school ratings are low, the 4-bedroom, 4-bathroom layout is optimized for group travel. This is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators.
Estimated Market Value
$729,999
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 738 Douglas Ave #7 Subject 4 bd · 4 ba · 1,932 sqft · $378 | $729,999* List Price | 4 | 4 | 1,932 | $378 | - |
A 738 Douglas Ave Unit 4 Active 4 bd · 4 ba · 1,931 sqft · $383 · 0.0 mi | $739,000 List Price | 4 | 4 | 1,931 | $383 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. The kitchen features modern white shaker cabinetry, black hardware, and stainless steel appliances. The systems (HVAC/Electric) are near-new, and the interior finishes, including the rooftop deck and flooring, show no signs of wear, making it a turnkey investment.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey STR Investment
The property is fully furnished and includes a transferable Non-Owner Occupied (NOO) STR permit via an LLC, allowing for immediate income generation in Nashville's highly regulated short-term rental market.
- Strategic Location
Situated in East Nashville near the new Nissan Stadium and the East Bank development, the property is perfectly positioned to benefit from significant local appreciation and high rental demand from tourists.
- Modern High-Capacity Layout
Built in 2021, the 4-bedroom, 4-bathroom configuration is specifically designed to maximize occupancy and appeal for group travelers, optimizing the potential return on investment.
CONSRISKS & DEFICIENCIES
- Transactional Complexity
The requirement to acquire an existing LLC to maintain the STR permit adds legal and administrative layers to the closing process, which may require additional due diligence and specialized planning.
- Underperforming School District
With local middle and high schools carrying a rating of 2/10, the property may have limited appeal for long-term owner-occupant families, potentially impacting future resale flexibility.
About 738 Douglas Ave #7
Secure your stake in Nashville’s evolving Short-Term Rental market with this premier unit located at 738 Douglas Ave, Unit 7. Nestled in the middle row of a high-end East Nashville complex, this home is super close to the new Nissan Stadium, the burgeoning East Bank development and everything else that East Nashville and Broadway have to offer. Fully furnished and turnkey, this investment is ready to generate income from day one.This listing on Realtracs/MLS is for the purchase of the home located at this address. There is an existing NOO STR permit that will be available in its own entity and is included in purchase price. If the Buyer wishes to continue to be able to Airbnb, VRBO, short-term rent and/or operate the STR permit for this property, that LLC will have to be a part of the transaction and planning by the Buyer. Closing for both sides to be coordinated with one title company. Schedule your showings today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175 / Month
Neighborhood Insights
Nashville Unified Schools
Glenn Elementary Enhance Option School
Grades PK-4 • 0.8 mi
0/10
Shwab Elementary School
Grades PK-4 • 1.0 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 1.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,932 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $730.0K | $347.6K |
| Price per sq ft | $378 | $343 |
| Built year | 2021 | 2007 |
| HOA | $175 | $334 |
| Days on market | 74 | 92 |
Pricing History
Listed for Sale
Aug 11, 2026
$729,999
Initial Listing