768 1st Ave N, Nashville, TN 37201, Nashville, 37201 - 1 bed, 1 bath
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Nashville, TN 37201
This Turnkey STR Investment represents a Prime Investment Opportunity listed at $420,000. While the list price sits above the $344,225 Fair Market Value baseline, the valuation is driven by the rare NOO STR Approval and transferable bookings. Boasting a Condition Rating of 4, the unit features Cumberland River Views, a Newer HVAC, and a Private Balcony. With community perks like an Outdoor Pool and rare Free Covered Parking, this asset is a high-demand rental. It is ideal for Short-Term Rental Investors or Portfolio Diversifiers.
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 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 falls into the >20y category. While the unit is well-maintained with fresh paint and a newer HVAC system, the kitchen remains dated with older oak-style cabinetry, laminate countertops, and white appliances. It is functional and move-in ready, but requires cosmetic updates to the kitchen and bath to reach a higher rating.
The property is NOO STR approved with transferable bookings, making it a rare and highly lucrative turnkey investment in Nashville's competitive rental market.
Situated in the Riverfront Condos, the unit offers direct views of the Cumberland River and immediate proximity to major attractions like Broadway and Nissan Stadium.
Residents benefit from rare free covered parking, an outdoor pool, and a gym, which are significant value-adds for a downtown Nashville condominium.
At only 630 square feet, the compact one-bedroom layout may feel restrictive for some occupants or limit the maximum guest capacity for short-term rentals.
The reliance on a communal laundry facility rather than in-unit hookups may be a convenience drawback for modern travelers and long-term tenants.
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 | 25% |
| Square foot | 630 | 1,090 | 6% |
| Lot Size | 436 | 871 | 25% |
| Price | $420.0K | $883.8K | 25% |
| Price per sq ft | $667 | $684 | 50% |
| Built year | 1986 | 2008 | 25% |
| HOA | $394 | $760 | 19% |
| Days on market | 20 | 277 | 6% |
Apr 30, 2026
$420,000
Initial Listing