$1,299,000

Estimated payment $7,994/month

Total Views 2,452
9 Beds
6 Baths
3,294 Sq Ft
$394 Price per Sq Ft

Highlights

  • No HOA
  • Security Gate
  • Property has 1 Level
  • Cooling Available
  • Central Heating

About This Home

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.

Listing Agent

Matthew Davis

Wilson Group Real Estate Brokerage Phone: 6153943383 License # 345925 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,582

Year Built

  • Built in 2006

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Park Avenue Enhanced Option Elementary School
  • Moses Mckissack Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for electricity, water
  • Assessor Parcel Number 092070P00100CO

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Residences At 21St And Herman Subdivision

Building Details

  • Operating Expense $65,324
  • Gross Income $159,986
  • Net Operating Income $94,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,582

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2006
  • Inclusions: APPLN,FURN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • Attribution Contact: 6153943383
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Total Bedrooms: 9
  • Above Grade Finished Sq Ft: 3294
  • Building Area Units: Square Feet
  • Living Area: 3294
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Masonite
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 8
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate, Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RM20
  • Lot Size: .18 acres
  • Lot Size Units: Acres
  • Parcel #: 092070P00100CO
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Electricity, Water
  • Tenant Pays: None

Multi Family

  • Gross Income: 159986
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 94662
  • Number Of Units Total: 3
  • Annual Operating Expense: 65324
  • Total Actual Rent: 168777

Tax Info

  • Tax Annual Amount: 9582

MLS Schools

  • Elementary School: Park Avenue Enhanced Option
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: Moses McKissack Middle

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

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
2020 $5,141 $121,800 $20,400 $101,400
2019 -- $121,800 $20,400 $101,400
2018 -- $121,800 $20,400 $101,400
2017 -- $121,800 $20,400 $101,400
2016 -- $87,560 $4,800 $82,760
2015 -- $87,560 $4,800 $82,760
2014 -- $87,560 $4,800 $82,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $1,299,000 -- $394 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 Rudy Title And Escrow Llc
Warranty Deed $405,000 Rudy Title And Escrow Llc
Quit Claim Deed -- Bicentennial Title & Escrow
Warranty Deed $15,000 Bicentennial Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $600,000 Commercial
Closed $80,000 Commercial
Previous Owner $547,000 Commercial
Previous Owner $50,000 Small Business Administration
Previous Owner $13,885 Unknown
Source: Public Records

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Source: Realtracs

MLS Number: 2899576

Realtracs

APN: 092-07-0-092