768 1st Ave, N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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768 1st Ave
N, Nashville, TN 37201
ACTIVE
CONDITION: GOOD
1Beds
1Baths
630Sq Ft
436Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$393,330
6% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a NOO STR approved condominium listed at $420,000, positioned above the $393,330 Fair Market Value. While priced at a premium, the property offers a turnkey Asset with a Condition Rating of 3, featuring a newer HVAC system and fresh paint. Located in the heart of Nashville with stunning Cumberland River views, this unit provides immediate rental demand for Buy-and-Hold Investors and Short-Term Rental Operators seeking a high-visibility, fully furnished property in a booming market.
Estimated Market Value
$393,330
Based on Realkey algorithm analyzing recent comparable sales in N.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 768 1st Ave Subject 1 bd · 1 ba · 630 sqft · $624 | $420,000* List Price | 1 | 1 | 630 | $624 | - |
A 1028 1st Ave N Sold 1 bd · 1 ba · 630 sqft · $595 · 0.1 mi | $375,000 | 1 | 1 | 630 | $595 | 0.1 mi |
B 762 1st Ave N Active 1 bd · 1 ba · 630 sqft · $681 · 0.0 mi | $429,000 List Price | 1 | 1 | 630 | $681 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the property is well-maintained, functional, and move-in ready. It features fresh paint, newer flooring, and a newer HVAC system. The kitchen has dated white appliances and laminate countertops but remains in clean, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- STR Investment Potential
The property is NOO STR approved and comes fully furnished with transferable bookings, offering a turnkey opportunity in Nashville's highly sought-after short-term rental market.
- Prime Riverfront Location
Situated in the heart of Nashville, the unit provides stunning Cumberland River views and is within walking distance to Broadway, Nissan Stadium, and Germantown.
- Recent Capital Improvements
The condo features a newer HVAC system, fresh paint, and a new balcony, reducing immediate maintenance concerns for a new owner while enhancing tenant appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 605.
- Extended Market Time
With 152 days on the market, the listing has significantly exceeded the average turnover time, which may suggest the current list price is not aligned with buyer expectations.
- Compact Living Space
At 630 square feet, the unit's small footprint may limit its appeal to long-term residents or larger travel groups, potentially impacting occupancy versatility.
About 768 1st Ave
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $394 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 630 | 1,009.514 |
| Lot Size | 436 | 871 |
| Price | $420.0K | $347.6K |
| Price per sq ft | $667 | $343 |
| Built year | 1986 | 2007 |
| HOA | $394 | $334 |
| Days on market | 177 | 92 |
Pricing History
Listed for Sale
Apr 30, 2026
$420,000
Initial Listing