1320 5th Ave N Nashville, TN 37208
Germantown NeighborhoodEstimated payment $98,378/month
Highlights
- No HOA
- Tile Flooring
- 4-minute walk to Morgan Recreation Park
- Cooling Available
- Central Heating
About This Home
RARE 13-Unit Germantown NOO STR Development! Step into your very own Melrose Place-inspired oasis with this charming, fully-operational short-term rental development designed for style, community, and profit in the HEART of this lovely and highly-coveted neigborhood. Wrapped around a lush, resort-style central courtyard complete with string-lit gathering spaces, multiple shaded seating areas, cafe' tables, loungers and large market umbrellas offering comfort and curb appeal, guests will love the ability to linger, laugh and lounge day and night! Each townhome showcases: ~ A custom-designed shuffleboard game in the main living area- a playful, stylish centerpiece that adds instant guest appeal. ~ Designer-curated interiors with hand selected furniture, art and layered textures. ~ Massive open-concept living/dining/kitchen ideal for large groups gathering in one space. ~ Boutique hotel-style bedrooms including a built-in bunk room in each unit to maximize the all important "heads in beds" for increased revenue. ~ Private patios or balconies that extend the indoor vibe outdoors. ~ In-unit laundry, smart home features and everything else needed for a seamless stay. Located in a thriving and charming community, walkable to everything Germantown and just minutes from Broadway, this is a once-in-a-generation opportunity to own a piece of a cash-flowing, character-filled compound with serious curb appeal and unmistakable retro-chic charm. Whether you’re a seasoned investor or just looking to own your slice of nostalgic cool, this development checks every box.
Listing Agent
Alpha Residential Brokerage Phone: 5309666179 License #333019 Listed on: 09/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $130,160
Year Built
- Built in 2020
Lot Details
- Lot Dimensions are 168 x 180
Home Design
- Brick Exterior Construction
Interior Spaces
- 24,944 Sq Ft Home
- Property has 1 Level
- Tile Flooring
Bedrooms and Bathrooms
- 52 Bedrooms
- 24 Bathrooms
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
- Alley Access
Schools
- Jones Paideia Magnet Elementary School
- John Early Paideia Magnet Middle School
- Pearl Cohn Magnet High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
- 13 Units
- D T Mcgavock Subdivision
Listing and Financial Details
- Rent includes electricity, trash collection, water
- Assessor Parcel Number 08209015800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $130,160 | $4,000,000 | $1,202,240 | $2,797,760 |
| 2023 | $130,160 | $4,000,000 | $1,202,240 | $2,797,760 |
| 2022 | $130,160 | $4,000,000 | $1,202,240 | $2,797,760 |
| 2021 | $139,072 | $4,229,680 | $1,202,240 | $3,027,440 |
| 2020 | $26,093 | $650,160 | $300,560 | $349,600 |
| 2019 | $15,866 | $600,400 | $304,920 | $295,480 |
| 2018 | $18,943 | $600,400 | $304,920 | $295,480 |
| 2017 | $18,943 | $600,400 | $304,920 | $295,480 |
| 2016 | $15,674 | $347,080 | $121,960 | $225,120 |
| 2015 | $15,674 | $347,080 | $121,960 | $225,120 |
| 2014 | $15,674 | $347,080 | $121,960 | $225,120 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $16,575,000 | -- | $664 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $3,325,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $404,250 | -- | |
| Trustee Deed | $450,000 | -- | |
| Deed | $184,681 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $869,000 | Future Advance Clause Open End Mortgage |
Source: Realtracs
MLS Number: 2996363
APN: 082-09-0-158
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