$3,200,000
$200K PRICE DROP

Estimated payment $20,335/month

Total Views 569
25 Beds
3 Baths
9,750 Sq Ft
$328 Price per Sq Ft

Highlights

  • No HOA
  • Security Gate
  • Central Heating
  • Cooling Available
  • Home Security System
  • 3-minute walk to Monroe Park

About This Home

Welcome to District 14 Flats — a one-of-a-kind opportunity to own a 14-unit boutique short-term rental property in the heart of Nashville’s urban core. Located on Jefferson Street, just blocks from Downtown, Germantown, Midtown, Vanderbilt, and the East Bank’s massive redevelopment, this property sits in the center of everything, driving Nashville’s explosive growth.
Zoned and permitted for non-owner-occupied STR, this asset features a mix of 1- and 2-bedroom units, including eight fully themed, high-performing Airbnb rentals. With substantial in-place income, professionally curated units, and high visibility to travelers, this is a plug-and-play investment in one of the Southeast’s hottest STR markets: off-street parking and bold curb appeal round out the offering. Rarely does an asset of this scale and quality hit the market this close to downtown—don’t miss your chance to own a standout performer in Nashville's booming short-term rental landscape.

Property Consists of:
14 Units with a total of 25 Bedrooms and 14 Bathrooms
Property Unit Mix:
(3) 500 Sq.Ft. 1 Bed 1 Bath
(11) 750 Sq.Ft. 2 Bed 1 Bath
Rental Breakdown:
Eight Short-Term Themed Rentals:
(5) 2B/1BA – 750 Sq.Ft.
(3) 1BR/1BA – 500 Sq.Ft.
Six Mid-Term & Long-Term Rentals:
(6) 2B/1BA – 750 Sq.Ft.
Total: 14 Units with a total of (25) Bedrooms and (14) Bathrooms

Listing Agent

Austin Heithcock

Capstone Apartment Partners Brokerage Phone: 6154771971 License #334862 Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,200

Year Built

  • Built in 1957

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,750 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 3 Bathrooms

Home Security

  • Home Security System
  • Security Gate

Schools

  • Jones Paideia Magnet Elementary School
  • John Early Paideia Magnet Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for cable TV, electricity, trash collection, water
  • Rent includes cable TV, electricity, trash collection, water
  • Assessor Parcel Number 08116037500

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • D T Mcgavock/North Nashville Subdivision

Building Details

  • Operating Expense $126,106
  • Gross Income $396,345
  • Net Operating Income $270,239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,200

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1957
  • Inclusions: Appliances,Negotiable
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Renovated
  • Attribution Contact: 6154771971
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Total Bedrooms: 25
  • Above Grade Finished Sq Ft: 9750
  • Building Area Units: Square Feet
  • Living Area: 9750
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security Gate, Security System
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: DTC
  • Lot Size Units: Acres
  • Parcel #: 08116037500
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Cable TV, Electricity, Trash Collection, Water
  • HOA Rent Includes: Cable TV, Electricity, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Gross Income: 396345
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 270239
  • Number Of Units Total: 14
  • Annual Operating Expense: 126106
  • Total Actual Rent: 583044

Tax Info

  • Tax Annual Amount: 35200

MLS Schools

  • Elementary School: Jones Paideia Magnet
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: John Early Paideia Magnet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $3,200,000 -5.9% $328 / Sq Ft
08/05/2025 08/05/25 For Sale $3,400,000 -- $349 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 2969615

Realtracs