768 1st Ave N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This Turnkey Short-Term Rental Asset is listed at $420,000, representing a specialized investment entry at its $344,225 Fair Market Value when accounting for the rare, transferable NOO STR Approval. Maintaining a Condition Rating of 4, the unit features fresh paint, a newer HVAC system, and stunning Cumberland River Views. Community amenities include a pool, gym, and rare covered parking just minutes from Broadway. This high-yield opportunity is an ideal acquisition for Short-Term Rental Investors or Portfolio Diversifiers looking for a move-in ready, income-generating property in Nashville's core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 768 1st Ave N Subject | $420,000* List Price | 1 | 1 | 630 | $546 | - |
A 740 1st Ave N Sold | $400,000 | 1 | 1 | 630 | $635 | 0.0 mi |
B 790 1st Ave N Active | $429,000 List Price | 1 | 1 | 630 | $681 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is well-maintained and move-in ready with fresh paint, newer HVAC, and updated flooring. However, the kitchen features dated oak cabinetry, laminate countertops, and older white appliances, which align with the 'fair' criteria of being functional but showing signs of being outdated.
This property is NOO STR approved and comes fully furnished with transferable bookings, making it a rare and turnkey investment opportunity in Nashville's high-demand rental market.
Situated in the Riverfront Condos, the unit offers stunning views of the Cumberland River and is within walking distance to Broadway, Nissan Stadium, and Germantown.
The property includes rare free off-street covered parking, a community pool, and a gym, alongside recent unit upgrades like a newer HVAC system and fresh paint.
Constructed in 1986, the building may lack some of the modern architectural features and infrastructure found in the newer luxury high-rises nearby.
With only 630 square feet and a communal laundry facility rather than in-unit hookups, the layout may feel restrictive for long-term residents compared to short-term guests.
Location, location and location- and *NOO STR approved'! This 1-bed, 1-bath fully furnished condo in Riverfront Condos, one of the few STR approved developments, offers stunning views of the Cumberland River and is minutes away from all things Nashville...Broadway, Nissan Stadium, First Horizon Stadium, Top Golf, Germantown. Located on the second floor, this unit features stylish furnishings, complete kitchen, new balcony, fresh paint, and a newer HVAC system, combining comfortable city living with peaceful riverfront views. The community includes an outdoor pool, gym, laundry facility, and rare free, off-street, covered parking. With ongoing revitalization in the area and transferable bookings, this is a turnkey investment in the heart of Nashville’s booming short-term rental market!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 630 | 1,009 | 11% |
| Lot Size | 436 | 871 | 28% |
| Price | $420.0K | $838.8K | 28% |
| Price per sq ft | $667 | $651 | 50% |
| Built year | 1986 | 2008 | 28% |
| HOA | $394 | $715 | 22% |
| Days on market | 226 | 257 | 50% |
Sep 8, 2025
$420,000
Initial Listing