738 Douglas Ave 4, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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Nashville, TN 37207
This High-Yield NOO STR Asset represents a High-Potential Investment Opportunity with a List Price of $815,000—positioned well below the $925,375 Fair Market Value by 11%. This valuation gap secures $110,375 in Instant Equity. Boasting a Pristine Condition Rating, this 2021 build features a rooftop deck with skyline views, a fire pit, and is sold fully furnished with $50,000 in future bookings. The LLC transfer structure ensures permit continuity in a restricted market. This turnkey business is a premier acquisition for Short-Term Rental Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 738 Douglas Ave 4 Subject | $815,000* List Price | 4 | 4 | 1,931 | $479 | - |
A 410 Douglas Ave Sold | $624,000 | 4 | 4 | 1,988 | $314 | 0.4 mi |
B 83 Lucile Street Sold | $993,640 | 4 | 4 | 2,090 | $475 | 0.9 mi |
C 738 Douglas Ave 5 Active | $815,000 List Price | 4 | 4 | 1,931 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2021, placing it well within the 10-year threshold for an excellent rating. The interior features modern, high-quality finishes including contemporary flooring, recessed lighting, and stylish fixtures. The bathrooms and kitchen (as described and shown) utilize current design trends such as gold-tone hardware and large-scale islands. The home is professionally decorated and appears to be in pristine, move-in-ready condition with no visible deferred maintenance.
This property is a high-performing, non-owner occupied short-term rental (NOO STR) sold fully furnished with $50,000 in future bookings and an LLC transfer structure to ensure permit continuity.
Located directly across from Highland Yards and just 10 minutes from downtown, guests have immediate access to popular Nashville spots like Flora + Fauna, Kisser, and Golden Pony.
Designed to sleep 12 guests with a 4-bed/4-bath parity, the home features an XL rooftop with skyline views, a fire pit, and a massive kitchen island perfect for large groups.
The assigned middle and high schools carry a rating of 2, which may limit the property's appeal to long-term residential families and impact future resale versatility.
As a stock cooperative requiring an LLC purchase to maintain the STR status, buyers may face more complex financing requirements and higher legal due diligence costs compared to traditional fee-simple properties.
Walkable East Nashville 4 bedroom investment with $50,0000 in FUTURE BOOKINGS + XL rooftop that you can see the downtown skyline. Sleeps 12 guests! Highlight features include: two car attached garage, sold fully furnished, an operating & cash-flowing NOO STR, bed/bath parody, located steps across from Highland Yards, brick exterior, newly painted, rooftop fire-pit, Guest favorite AirBnB! An extra wide kitchen island can seat a party of twelve. Professionally decorated and themed "Rock N Roll", this house knows how to welcome a crowd to Music City. Just 10 minutes to downtown, and directly across the street from Highland Yards - where guests can grab a coffee or pastry at Flora + Fauna, a Japanese inspired lunch at the renowned Kisser restaurant, a workout at SHED, hapy hour at Golden Pony, or enjoy the day relaxing at the Holiday Bath House - location is prime. A cozy fireplace on the rooftop is the perfect place to catch the sunset over the city skyline to end the day...or begin the night. Sold as an LLC Purchase to keep the short term rental in place with ease of continuous booking - no gaps in scheduling.
No exterior & parking available.
Grades PK-4 • 0.8 mi
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,931 | 1,913.5 | 53% |
| Lot Size | - | - | 50% |
| Price | $815.0K | $530.0K | 68% |
| Price per sq ft | $422 | $299 | 68% |
| Built year | 2021 | 2025 | 28% |
| HOA | $175 | $175 | 50% |
| Days on market | 71 | 342 | 3% |
Feb 10, 2026
$815,000
Initial Listing