This property presents a Strong Value Opportunity with a List Price of $550,000—positioned well below the $589,857 Fair Market Value by 6%. This valuation gap offers $39,857 in Instant Equity for the next owner. Featuring a Mint Condition Rating and modern chef’s kitchen, this turnkey NOOSTR Asset is optimized for high-demand short-term rentals. While school ratings are modest, the property’s prime East Nashville walkability and high-end finishes make it an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Vibe Pl Subject | $550,000* List Price | 4 | 4 | 1,970 | $299 | - |
A 934B Spain Ave Sold | $579,000 | 3 | 3 | 1,904 | $304 | 0.2 mi |
B 2910 Davis Ave Sold | $615,000 | 3 | 3 | 1,874 | $328 | 0.3 mi |
C 937B Spain Ave Sold | $520,000 | 3 | 3 | 2,040 | $255 | 0.1 mi |
D 806 Vibe Pl Sold | $547,000 | 3 | 3 | 1,527 | $358 | 0.0 mi |
E 827B Delmas Ave Sold | $685,000 | 4 | 3 | 2,364 | $290 | 0.3 mi |
F 1608 Northview Ave A Sold | $635,000 | 3 | 3 | 2,480 | $256 | 0.6 mi |
G 1400 Litton Ave A Sold | $695,000 | 3 | 3 | 2,192 | $317 | 0.6 mi |
H 1010B Dozier Pl Active | $635,000 List Price | 4 | 3 | 2,005 | $317 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019 (7 years old), this property is in mint condition featuring a modern chef's kitchen with quartz countertops, high-end finishes, and updated systems including a tankless water heater and Nest thermostats.
This property is a fully furnished, non-owner occupied short-term rental (NOOSTR) designed to sleep 10+ guests, providing an immediate, cash-flowing investment opportunity in a high-demand market.
Built in 2019, the home features premium upgrades including a chef’s kitchen with quartz countertops, hardwood flooring, Nest thermostats, and a tankless water heater, ensuring low maintenance and high guest appeal.
Located in a vibrant East Nashville community, the property is minutes from Broadway and walkable to local breweries, coffee roasters, and fitness studios, making it a premier destination for tourists.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 762.
Listed as a 'Stock Cooperative,' this property type may face more restrictive financing options and a smaller pool of lenders compared to traditional fee-simple residential real estate.
The assigned middle and high schools carry low ratings (3/10 and 2/10), which could limit the property's long-term resale value to traditional family owner-occupants.
Fully furnished and priced to sell, this end unit non-owner occupied short term rental (STR / NOOSTR) in East Nashville's hottest neighborhood is just minutes from Downtown, Broadway and The Grand Ole Opry. This professionally designed 4 bed, 4 bath home comfortably sleeps 10+ guests and offers a turnkey investment opportunity for AirBnB and VRBO. Features include an open floor plan, hardwood floors, chef’s kitchen with gas range and quartz countertops, built in bunk-beds, Nest thermostats, tankless water heater, LED lighting, and durable high-end finishes throughout. Also, an attached 2 car garage plus ample extra guest parking. Located in a walkable community near a coffee roaster, brewery, record store, fitness studios, restaurants, and shops, this property offers an already cash-flowing investment to its next owner.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 4.0 | 3.5 |
| Square foot | 1,970 | 2,315.405 |
| Lot Size | 871 | 1,307 |
| Price | $550.0K | $716.1K |
| Price per sq ft | $279 | $313 |
| Built year | 2019 | 2020 |
| HOA | $220 | $197 |
| Days on market | 36 | 87 |
Aug 4, 2026
$550,000
Initial Listing