844 Cherokee Ave 11, Nashville, TN 37207, Nashville, 37207 - 3 bed, 4 bath
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Nashville, TN 37207
This Turnkey Short-Term Rental Asset is listed at $550,000, offering price stability at its $550,000 Fair Market Value. Boasting an Excellent Condition Rating, the 2018-built residence features a modern kitchen, two large decks, and a rare attached two-car garage. Situated in the vibrant Cleveland Park area, the home is sold fully furnished and currently operates as a successful non-owner occupied rental. Despite the Stock Cooperative structure, its proximity to downtown Nashville makes it a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stylish urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 Cherokee Ave 11 Subject | $550,000* List Price | 3 | 4 | 1,820 | $302 | - |
A 530 Edwin St 12 Sold | $535,000 | 3 | 4 | 1,825 | $293 | 0.2 mi |
B 3026 Edwin Cir Sold | $599,900 | 3 | 3 | 1,812 | $331 | 0.2 mi |
C 3025 Edwin Cir Sold | $679,900 | 3 | 3 | 2,082 | $327 | 0.2 mi |
D 310 Prince Ave A Sold | $585,000 | 3 | 3 | 1,850 | $316 | 0.7 mi |
E 1308 Montgomery Ave 5 Active | $650,000 List Price | 4 | 4 | 1,731 | $376 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The interior is in pristine, turnkey condition with modern finishes throughout, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and dark stone countertops. The bathrooms feature modern tiling and fixtures, and the flooring and paint appear to be in like-new condition with no visible deferred maintenance.
Currently operating as a successful non-owner occupied short-term rental and sold fully furnished, this property offers immediate income-producing potential with professional management already in place.
Situated in the trendy Cleveland Park neighborhood, the home is steps from popular local hotspots like Benji's Bagel & Coffee House and just 10 minutes from Broadway and downtown Nashville.
Built in 2018, the layout features spacious bedrooms, oversized closets, two large outdoor decks, and the significant added value of an attached two-car garage.
The assigned middle and high schools have low ratings (2/10), which may deter long-term primary residents with school-aged children and impact future resale value to families.
Classified as a stock cooperative, this property type can be more difficult to finance than traditional fee-simple real estate, potentially limiting the pool of eligible buyers.
Great new price! Right in the Cleveland Park neighborhood, just steps from some of East Nashville's most talked-about new spots: Benji's Bagel & Coffee House and Frankie's 925 are right around the corner. This beautifully designed home offers the rare flexibility to be both a stylish primary residence and a proven income-producing investment. Currently operating as a successful non-owner occupied short-term rental, the home sits about 10 minutes from Broadway, downtown Nashville, and the city's best restaurants and music venues. The layout was designed with comfort and function in mind: bedrooms are spacious, closets are oversized, and the home easily accommodates groups without ever feeling crowded. Two large decks give you plenty of outdoor space for entertaining or unwinding, and the attached two-car garage is a genuine everyday bonus. The home is being sold fully furnished and is completely turnkey, step right into rental income or move in and make it your own. Professional local management is already in place, making ownership simple and stress-free from day one. Whether you're looking for a place to call home or a property that generates serious income, this one checks every box. Ask us about a 1% discounted loan rate through our preferred lender.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 1.1 mi
Grades 5-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 1,820 | 1,898 | 28% |
| Lot Size | 871 | - | 73% |
| Price | $550.0K | $530.0K | 53% |
| Price per sq ft | $302 | $299 | 53% |
| Built year | 2018 | 2025 | 23% |
| HOA | $95 | $175 | 28% |
| Days on market | 124 | 343 | 5% |
Dec 20, 2025
$550,000
Initial Listing