738 Douglas Ave Unit 4, Nashville, TN 37207, Nashville, 37207 - 4 bed, 4 bath
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738 Douglas Ave Unit 4
Nashville, TN 37207
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,931Sq Ft
0Lot Size
Property Price
LIST PRICE$739,000
EST. MARKET VALUE
$736,243
SUMMARY
This Prime Investment Opportunity is a turnkey, cash-flowing NOO STR listed at $739,000, positioned slightly above the $736,243 Fair Market Value. Featuring a 4-bedroom/4-bathroom layout that sleeps 12, this Mint Condition asset includes a rooftop fire-pit with panoramic city skyline views. Located steps from Highland Yards, the property offers immediate revenue potential through an existing LLC structure. While school ratings are low, the optimized rental design makes this an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-performing, fully furnished asset.
Estimated Market Value
$736,243
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 Unit 4 Subject 4 bd · 4 ba · 1,931 sqft · $381 | $739,000* List Price | 4 | 4 | 1,931 | $381 | - |
A 738 Douglas Ave #7 Active 4 bd · 4 ba · 1,932 sqft · $378 · 0.0 mi | $729,999 List Price | 4 | 4 | 1,932 | $378 | 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. It features modern interior finishes, updated bathrooms with contemporary fixtures, and requires no maintenance, meeting all criteria for a turnkey, high-end residence.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
As a cash-flowing NOO STR with $50,000 in future bookings and sold fully furnished, this property offers immediate ROI and a seamless transition via an LLC purchase to maintain the rental permit.
- Prime Location & Lifestyle
Situated directly across from the vibrant Highland Yards and featuring a rooftop deck with skyline views, the property provides guests with high-end amenities and walkable access to Nashville's premier dining and fitness.
- Optimized Rental Layout
The rare 4-bedroom/4-bathroom parity combined with the ability to sleep 12 guests makes this floor plan specifically engineered to maximize short-term rental occupancy and revenue for large groups.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 248 days on the market, the property may face buyer perception issues regarding its valuation or the specific complexities involved in an LLC-structured transaction.
- Low School Ratings
The assigned middle and high schools carry low ratings (2/10), which could limit the property's long-term appeal to owner-occupant families and restrict the exit strategy primarily to investors.
About 738 Douglas Ave Unit 4
Skyline views, ~ $50,000 in future bookings, and Highland Yards at your doorstep. Step into East Nashville’s premier turnkey NOO STR. Sleeps up to12 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 seats all guests. Ten minutes to downtown, + 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, happy hour at Golden Pony, or enjoy the day relaxing at the Holiday Bath House. A cozy fire pit on the rooftop is the perfect place to catch the sunset over the city skyline to end the day. Sold as an LLC Purchase to keep the short term rental in place with ease of continuous booking - no gaps in scheduling.
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 | 1,931 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $739.0K | $347.6K |
| Price per sq ft | $383 | $343 |
| Built year | 2021 | 2007 |
| HOA | $175 | $334 |
| Days on market | 256 | 92 |
Pricing History
Listed for Sale
Feb 10, 2026
$739,000
Initial Listing