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Multifamily Property
New
For Sale
$2,450,000

110 N 9th St, Nashville, TN 37206

The property is zoned RM20 and includes central air conditioning.

Property Size8,600 SF
Price / SF$284.88
Days on Market2

Property Features for 110 N 9th St

General Information

Standard status Active
Size 8,600 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning Rm20

Taxes and HOA fees

Annual Taxes $2,127

Amenities

Central Air
Central
City
Attached

Building Details

Building Size 8,600 SF
Year Built 2026
Stories 3
Listed By: Reed Sircy
Source: Evrealestate
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 1:59AM

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 Reed Sircy

Rey
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Investment Insights

Based on property information with market context.

This multifamily property contains 8,600 square feet and is equipped with central air conditioning. The recorded year built is 2026, and the property is zoned RM20.

The address is 110 N 9th St in Nashville, Tennessee. The listed directions approach via I-40 and Exit 210C, continuing along 2nd Avenue South to Church Street and N 9th Street.

Key Highlights

  • 8,600 square feet
  • Zoned RM20
  • Year built: 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,641
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,820 $1.8M
Cap Rate 7%
$1,280,586 $1.3M
Cap Rate 9%
$996,011 $996.0K
Market Conditions
NOI Build-Up for 8,600 SF
Gross rent
$175.4K $20.40/SF
− Vacancy
−$12.5K −$1.45/SF
EGI
$163.0K $18.95/SF
− OpEx
−$73.3K −$8.53/SF
NOI
$89.6K $10.42/SF
Area
Nashville, TN
Vacancy
7.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,820
Cap Rate 7%
$1,280,586
Cap Rate 9%
$996,011

Alternative Uses

Best Use
Apartment 5plus
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,641 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.55M (±1% cap)
NOI $153,252 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 37206, TN

27,792
Population
14,323
Households
1.9
Avg Household Size
34
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
3,563
Density / Sq Mi
$88,605
Median Household Income
$58,213
Median Earnings
$1,564
Median Rent
$529,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property is zoned RM20 and includes central air conditioning.
Where is this multifamily property located?
The property is located at 110 N 9th St Nashville, TN.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 8,600 square feet; Zoned RM20; Year built: 2026
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