$679,990

Estimated payment $4,749/month

Total Views 151
3 Beds
4 Baths
1,540 Sq Ft
$442 Price per Sq Ft

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • 5-minute walk to Dallas H Neil Park

About This Home

SHORT TERM RENTAL OPPORTUNITY | 12 SOUTH | One of the more compelling value-add STR opportunities currently available in Nashville. This established 3BR/4BA short-term rental is already producing approximately $70,000 annually in gross revenue, equating to roughly a 10.3% gross yield at list price — and that is with significant room left to improve.

The property has already proven demand with 280 Airbnb reviews, a 4.76-star rating, and years of operating history, yet the current furniture, decor and overall presentation are dated compared to many of Nashville’s top-performing STRs. It is also currently configured to sleep only 8 guests. With a thoughtful $30K-$50K design and furniture refresh, upgraded photography and an optimized sleeping arrangement for potentially 10 guests, there is a strong opportunity to increase ADR and push annual gross revenue toward the $90K-$100K range.

The location is a major part of the story. Positioned in the highly desirable 12 South / Melrose corridor with an 80 Walk Score, guests are a quick rideshare from everything that makes this one of Nashville’s most popular areas — Sushi-san, Urban Grub, bartaco, Five Daughters Bakery, Edley’s BBQ, The Henry, Frothy Monkey, Sevier Park and the shops, restaurants and nightlife along 12th Ave South — while also maintaining easy access to Belmont, Vanderbilt, The Gulch, Downtown and Broadway.

With 3 bedrooms, 4 full baths, 1,540 SF, an attached garage, proven existing revenue and a purchase price under $700K, this is not an STR that needs a turnaround to make sense. The current numbers already work. The upside is in the repositioning. For an investor looking for immediate income, a premier Nashville location and a clear path to materially improve performance, this is an opportunity that is increasingly difficult to find at this price point.

Listing Agent

Jack Costigan

Compass Brokerage Phone: 9198898195 License #358832 Listed on: 09/04/2026

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,362

Year Built

  • Built in 2019

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Interior Storage Closet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Waverly-Belmont Elementary School
  • John Trotwood Moore Middle School
  • Hillsboro Comp High School

Additional Features

  • 436 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 105100T00400CO

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, pest control, trash
  • Beech Place Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $70,000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,362

Year Built

Built in 2019

Lot Details

436 Sq Ft Lot

HOA Fees

$300 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2019
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Pantry, Walk-In Closet(s)
  • Appliances: Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Has Basement: None
  • Above Grade Finished Sq Ft: 1540.0
  • Building Area Units: Square Feet
  • Living Area: 1540.0
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.010
  • Lot Size Units: Acres
  • Parcel #: 105100T00400CO
  • Property Attached Yn: Yes

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 70000
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8362

MLS Schools

  • Elementary School: Waverly-Belmont Elementary School
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: John Trotwood Moore Middle

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2026 09/04/26 For Sale $679,990 -- $442 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 3530655

Realtracs
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