Fully Furnished Short-Term Rental
113B Elmhurst Ave Nashville, TN 37207
113B Elmhurst Ave, Nashville, TN, 37207
$699,990
For Sale
$699,990
Modern 4-bedroom, 3-bath home offered fully furnished for immediate short-term rental use.
Property Size2,096 SF
Price / SF$333.96
Days on Market67
Property Features for 113B Elmhurst Ave
General Information
- Standard status
- Active
- Size
- 2,096 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2019
Listing agency
EXP REALTY
(888) 519-5113
Listed by
FAITH SWIFT
Source
Corcoran
Added: May 16 Updated: Jul 20 at 7:02PM Checked: Jul 21 at 5:19AM
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 EXP REALTY
Investment Insights
Based on property information with market context.
This modern 4-bedroom, 3-bath home is presented as a turnkey opportunity and is being sold fully furnished. The property includes an open-concept layout, spacious bedrooms, hardwood floors, and stainless steel appliances. Elevated living space of over 2,000 square feet is complemented by multiple outdoor living spaces designed for guest hosting.
Located at 113B Elmhurst Ave in Nashville, the home is described as being minutes from Downtown Nashville and convenient to Germantown, East Nashville, I-24, and I-65. Proximity to restaurants, nightlife, and entertainment is highlighted as part of the guest appeal. A video is available for a virtual tour, and a proforma and rental history are available upon request.
Located at 113B Elmhurst Ave in Nashville, the home is described as being minutes from Downtown Nashville and convenient to Germantown, East Nashville, I-24, and I-65. Proximity to restaurants, nightlife, and entertainment is highlighted as part of the guest appeal. A video is available for a virtual tour, and a proforma and rental history are available upon request.
Key Highlights
- 2019‑built modern 4BR/3BA home with over 2,000 sq ft of elevated living space
- Offered fully furnished for immediate short‑term rental use or personal occupancy
- Open‑concept layout with hardwood floors and stainless steel appliances
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.8k | $20.40 |
| − Vacancy | −$3.0k | −$1.45 |
| EGI | $39.7k | $18.95 |
| − OpEx | −$17.9k | −$8.53 |
| NOI | $21.8k | $10.42 |
2,096 SF · lease $20.40/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$312.1K
$273.1K – $364.1K
NOI $21,847 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$599.7K
$524.7K – $699.6K
NOI $41,978 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Modern 4-bedroom, 3-bath home offered fully furnished for immediate short-term rental use.
Where is this short term rental property located?
The property is located at 113B Elmhurst Ave Nashville, TN.
What is the asking price?
The asking price for this property is $699,990.
What are key features of this property?
This property features: 2019‑built modern 4BR/3BA home with over 2,000 sq ft of elevated living space; Offered fully furnished for immediate short‑term rental use or personal occupancy; Open‑concept layout with hardwood floors and stainless steel appliances
