738 Douglas Ave 8, Nashville, TN 37207, Nashville, 37207 - 4 bed, 3 bath
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Nashville, TN 37207
-600 font-bold">1031 Exchange Buyers`
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`<span class="text-purple-600 font-bold">1031 Exchange Buyers</span>`
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`<span class="text-blue-600 font-bold">Short-Term Rental Investors</span>`
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"**High-Yield NOO-STR Asset**"
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"**$825,000**"
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"**$703,733**"
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"**Condition Rating of 2**"
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"**rooftop deck with skyline views**"
"**turnkey, fully furnished interior**"
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"Nashville NOO-STR investment! Fully furnished 4
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 738 Douglas Ave 8 Subject | $825,000* List Price | 4 | 3 | 1,849 | $381 | - |
A 410 Douglas Ave Sold | $624,000 | 4 | 4 | 1,988 | $314 | 0.4 mi |
B 3026 Edwin Cir Sold | $599,900 | 3 | 3 | 1,812 | $331 | 0.7 mi |
C 310 Prince Ave A Sold | $585,000 | 3 | 3 | 1,850 | $316 | 1.0 mi |
D 83 Lucile Street Sold | $993,640 | 4 | 4 | 2,090 | $475 | 0.9 mi |
E 738 Douglas Ave 4 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.
Built in 2021, this property is virtually new and meets all current quality standards. The interior features modern wide-plank flooring, contemporary recessed lighting, and updated bathroom vanities with stone countertops. The exterior and rooftop deck are well-maintained, reflecting a turnkey condition with no deferred maintenance or physical depreciation.
The property includes a rare Non-Owner Occupied Short-Term Rental permit that conveys via LLC transfer, providing a significant competitive advantage and regulatory security in Nashville's restricted rental market.
Situated less than two miles from the new Nissan Stadium and the East Bank development, the property is perfectly positioned to benefit from massive local infrastructure investment and high tourism demand.
Built in 2021 and sold fully furnished with a proven booking history, this modern 4-bedroom unit offers an immediate, seamless transition for investors seeking instant cash flow without additional setup costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1849, other record living area = 1932.
The assigned middle and high schools carry low ratings (2/10), which may limit the property's long-term resale appeal to traditional owner-occupant families.
With a very small lot size of 871 square feet, the property lacks private yard space or significant outdoor amenities, which could be a drawback for certain guest profiles or long-term tenants.
Invest in the future of Nashville’s skyline with this premier short-term rental opportunity at 738 Douglas Ave, Unit 8. Located in a high-growth corridor less than 2 miles from the new Nissan Stadium and the massive East Bank development, this property is perfectly positioned to capture the city's booming tourism market. Best of all, it’s a sub-10-minute ride to the neon lights of Lower Broadway. This is a true turnkey investment being sold fully furnished and ready for immediate income. The property currently holds a coveted Non-Owner Occupied Short-Term Rental (NOO-STR) permit. Because the home is owned by an LLC, the transaction will be structured as an LLC transfer, ensuring the permit conveys seamlessly and remains in good standing—a rare and valuable advantage in Nashville's regulatory landscape. The unit is already a proven performer with a robust schedule of future bookings that continue to grow. For investors looking to scale, Unit 8 can be purchased alongside Unit 5, offering a unique "dual listing" opportunity to host large groups and maximize occupancy rates. Whether you are looking for a standalone performer or a strategic multi-unit addition to your portfolio, this property delivers a seamless transition into Nashville’s lucrative hospitality market.
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 | 3.0 | 4.0 | 38% |
| Square foot | 1,849 | 1,898 | 43% |
| Lot Size | 871 | - | 73% |
| Price | $825.0K | $530.0K | 68% |
| Price per sq ft | $446 | $299 | 68% |
| Built year | 2021 | 2025 | 28% |
| HOA | $130 | $175 | 33% |
| Days on market | 35 | 342 | 3% |
Mar 18, 2026
$825,000
Initial Listing