901 21st Ave N, Nashville, TN 37208, Nashville, 37208 - 0 bed, 0 bath
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Nashville, TN 37208
Analysis of 901 21st Ave N, Nashville, TN 37208 is currently available with a list price of $1,299,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2006, this property is well-maintained and move-in ready. The interiors feature modern updates including stainless steel appliances, white shaker-style cabinetry, and contemporary LVP flooring. While the major systems are approaching the 20-year mark, the aesthetic finishes and turn-key condition for short-term rental use meet the criteria for a 'good' rating.
The property boasts a high 7.08% Cap Rate and over $159,000 in gross annual income, offering an exceptionally strong return on investment for the Nashville market.
This is a fully operational short-term rental portfolio including three furnished 3-bedroom units and existing management, allowing for immediate cash flow with no setup required.
Situated in a vibrant neighborhood near Nashville's top music venues and trendy restaurants, the location ensures high demand and consistent occupancy for travelers.
Built in 2006, the property is approaching the 20-year mark, which typically necessitates capital expenditures for major systems like HVAC, roofing, or water heaters.
As a dedicated short-term rental portfolio, the investment is sensitive to Nashville's evolving STR ordinances and zoning laws, which could impact future permit renewals.
Includes 903 & 905 21st Ave N. Over $159k in gross income the last 12 months. 7.08% Cap Rate. This stunning short-term rental portfolio offers the perfect blend of luxury and comfort in the heart of Music City. Offering three side by side beautifully appointed 3-bedroom units. The spacious living area is ideal for relaxing after a day of exploring. Fenced in yard with plenty of parking. All furnishings included. Conveniently located in a vibrant neighborhood, you'll find yourself just moments away from Nashville's top attractions, including live music venues, trendy restaurants, and boutique shops. Whether you're here for business or pleasure, this short-term rental is sure to exceed your expectations. Don't miss out on the opportunity to own a piece of booming Nashville, TN. Management in place and completely turn-key.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,294 | 1,323 | 86% |
| Lot Size | - | - | 50% |
| Price | $1.30M | $265.0K | 86% |
| Price per sq ft | $394 | $221 | 86% |
| Built year | 2006 | 1949 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 326 | 410 | 29% |
Jun 1, 2025
$1,299,000
Initial Listing