East Nashville Boutique Community
For Sale
$2,515,000
1043 E Trinity, Nashville, TN 37216
Four units in East Nashville with high-end finishes and rooftop deck.
Property Size7,448 SF
Price / SF$337.67
Days on Market513
Property Features for 1043 E Trinity
General Information
Standard status
Active
Size
7,448 SF
Site & Location
Neighborhood
East Nashville
Building Details
Year Built
2025
Listing Agency:
COMPASS
Listed By:
SHANNON RYAN
(615) 397-8281
Source:
Corcoran
Added: Jun 3, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
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Investment Insights
Based on property information with market context.
This property features four units located at 1043 E Trinity and 303, 305, 307 Normans Ct. within the Vivian Lux community in East Nashville. Each residence includes 4 bedrooms and 4 bathrooms, spanning 1,862 sq. ft. across three levels. The interiors, professionally curated by CLK Designs, feature a light and warm designer palette, light oak LVP flooring, and spacious bedrooms. The gourmet kitchen includes two-toned cabinetry, white quartz countertops, a backsplash, and brushed brass fixtures, along with premium Frigidaire Professional Line stainless steel appliances, including a microwave with built-in air fryer. Each bathroom features quartz countertops and detailed tilework. The property includes an expansive rooftop deck with hot tub hookups available for an additional $5,000. A one-car garage is included, and guest parking spots are available. Located on East Trinity Lane, the property provides access to Ellington Parkway and major highways, near Osa, Fox Bar, Attaboy, Folk, Pharmacy Burger, Turnip Truck, Publix, Shelby Bottoms, and South Inglewood Park. Completion is expected in May 2025.
Key Highlights
- Four units in the exclusive Vivian Lux boutique community in East Nashville.
- Each unit features 4 beds and 4 baths, spanning 1,862 sq. ft. across 3 levels with high‑end finishes.
- Expansive rooftop deck with the best downtown skyline view and hot tub hookups.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,602
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,040
$1.7M
Cap Rate 7%
$1,208,600
$1.2M
Cap Rate 9%
$940,022
$940.0K
Market Conditions
NOI Build-Up for 7,448 SF
Gross rent
$129.6K $17.40/SF
− Vacancy
−$8.7K −$1.17/SF
EGI
$120.9K $16.23/SF
− OpEx
−$36.3K −$4.87/SF
NOI
$84.6K $11.36/SF
Area
Nashville, TN
Vacancy
6.74%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,040
Cap Rate 7%
$1,208,600
Cap Rate 9%
$940,022
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,602 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$1.11M
$970.4K – $1.29M
NOI $77,633 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,723 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
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Business Placement
Demographics for 37216, TN
18,191
Population
9,574
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,134
Median Household Income
$54,407
Median Earnings
$1,507
Median Rent
$404,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four units in East Nashville with high-end finishes and rooftop deck.
Where is this quadplex located?
The property is located at 1043 E Trinity Nashville, TN.
What is the asking price?
The asking price for this property is $2,515,000.
What are key features of this property?
This property features: Four units in the exclusive Vivian Lux boutique community in East Nashville.; Each unit features 4 beds and 4 baths, spanning 1,862 sq. ft. across 3 levels with high‑end finishes.; Expansive rooftop deck with the best downtown skyline view and hot tub hookups.**
