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$749,995
EST. MARKET VALUE
$699,393
7% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $749,999—positioned above the $687,308 Fair Market Value. While priced at a premium, this turnkey 4-bedroom, 4-bathroom asset features a 2021 build date and mint condition rating, ensuring immediate operational readiness. The inclusion of an existing NOO STR permit and rooftop deck with city skyline views makes this a strategic acquisition for Buy-and-Hold Investors or Short-Term Rental Operators looking to capitalize on the high-demand East Nashville market near the new Nissan Stadium.
Estimated Market Value
$699,393
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 | $749,995* List Price | 4 | 4 | 1,932 | $362 | - |
A 1122 Harmony Way Sold | $650,000 | 4 | 4 | 2,087 | $311 | 0.5 mi |
B 3017 Edwin Cir Sold | $605,000 | 3 | 4 | 1,808 | $335 | 0.7 mi |
C 3012 Edwin Cir Sold | $624,900 | 3 | 3 | 1,819 | $344 | 0.7 mi |
D 738 Douglas Ave 4 Active | $774,000 List Price | 4 | 4 | 1,931 | $401 | 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 only 3 years old and in mint condition. It features a modern kitchen with stainless steel appliances, contemporary finishes, and high-end amenities like a rooftop deck. All systems (HVAC/Electric) are nearly new, and the unit is fully turnkey with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
The property is fully furnished and includes an existing Non-Owner Occupied (NOO) STR permit via an LLC transfer, allowing for immediate income generation from day one.
- Prime Strategic Location
Situated near the new Nissan Stadium and the East Bank development, this unit is perfectly positioned to capitalize on Nashville's major urban growth and high tourism demand.
- Modern High-Capacity Layout
Built in 2021, the 4-bedroom and 4-bathroom configuration is specifically optimized for short-term rental groups, offering modern finishes and maximum occupancy potential.
CONSRISKS & DEFICIENCIES
- Complex Transactional Structure
The sale involves a Stock Cooperative and an LLC transfer for the STR permit, which adds legal complexity and requires specific coordination that may deter traditional buyers.
- Low School Ratings
The property is zoned for middle and high schools with very low ratings (2/10), which could limit long-term resale appeal to owner-occupant families.
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
- Stock Cooperative
- 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 | 3.5 |
| Baths | 4.0 | 3.5 |
| Square foot | 1,932 | 2,315.405 |
| Lot Size | - | 1,307 |
| Price | $750.0K | $716.1K |
| Price per sq ft | $388 | $313 |
| Built year | 2021 | 2020 |
| HOA | $175 | $197 |
| Days on market | 29 | 87 |
Pricing History
Listed for Sale
Aug 31, 2026
$749,995
$749,999
+0% Price Increase
Initial Listing
Price Change
Aug 11, 2026
$749,999
Initial Listing