
Nashville, TN 37216
This modern townhome represents a Strong Value Opportunity, listed at $499,000—positioned well below the $536,122 Fair Market Value by 6%. This valuation gap provides $37,122 in Instant Equity. Featuring a Condition Rating of 2, this MUL-A zoned asset is permitted for NOO STR, offering immediate income potential. With high-end finishes and a proven rental history, this property is an ideal acquisition for Buy-and-Hold Investors or short-term rental operators seeking a turnkey, high-demand Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 819 Vibe Pl Subject | $499,000* List Price | 3 | 3 | 1,582 | $339 | - |
A 806 Vibe Pl Sold | $547,000 | 3 | 3 | 1,527 | $358 | 0.0 mi |
B 817 Vibe Pl Sold | $533,500 | 3 | 3 | 1,583 | $337 | 0.0 mi |
C 821 Vibe Pl Active | $544,999 List Price | 3 | 3 | 1,527 | $357 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is well under the 10-year age threshold for excellent condition. The listing and images confirm mint condition with modern features including quartz countertops, stainless steel appliances, hardwood flooring, and contemporary systems, requiring no maintenance.
Zoned MUL-A and permitted for Non-Owner Occupied STR (NOO STR), this property offers a rare and lucrative opportunity for investors to capitalize on Nashville's high-demand tourism market.
Built in 2019, the home features contemporary finishes including quartz countertops, hardwood floors, and soaring ceilings, providing a move-in ready experience with no immediate renovation costs.
With a proven rental history of $6,000 per month and a layout featuring multiple en-suite bathrooms, the property is optimized for high-yield long-term or short-term rental strategies.
The assigned middle and high schools have low ratings of 3 and 2 respectively, which may deter long-term family residents and impact future resale value to owner-occupants.
The very small lot size of 436 square feet offers minimal private outdoor area, which could be a drawback for tenants with pets or those seeking traditional yard space.
PRICED TO SELL! A modern East Nashville townhome offering strong income potential. Whether you're looking for a turnkey rental property, a second home, or the opportunity to redecorate and make this Airbnb property your own this one checks all the boxes. A recent long-term tenant was paying $6,000/month, giving investors immediate insight into the property's rental strength and flexibility. Inside, you’ll find an open-concept layout with hardwood floors, soaring ceilings, abundant natural light, quartz countertops, stainless steel appliances, and custom cabinetry. 2 of the three spacious bedrooms features its own en-suite bathroom, creating the ideal setup for guests, roommates, or short-term rental use. Zoned MUL-A and permitted for NON-OWNER OCCUPIED STR (NOO STR), this property offers the rare ability to legally operate a short-term rental in one of Nashville’s most desirable and high-demand neighborhoods. Keep the home furnished and rental-ready as-is, or elevate the design and maximize revenue potential with your own branding and décor style. Located minutes from downtown Nashville and surrounded by East Nashville’s best restaurants, coffee shops, bars, and boutiques, Vibe Place delivers the walkability and location today’s guests and renters actively seek.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,582 | 1,554.5 | 50% |
| Lot Size | 436 | 871 | 25% |
| Price | $499.0K | $516.2K | 50% |
| Price per sq ft | $315 | $348 | 25% |
| Built year | 2019 | 2019 | 50% |
| HOA | $125 | $172 | 50% |
| Days on market | 45 | 193 | 25% |
May 6, 2026
$499,000
Initial Listing