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23-Unit Townhome Apartment Building
For Sale
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516 19TH AVE N, Nashville, TN 37203

Fully occupied townhome community with consistent two-bedroom, two-bath layouts.

Property SizeContact for details
Lot Size1.47 Acres
Days on Market15

Property Features for 516 19TH AVE N

General Information

Standard status Active
Lot size 1.47 Acres
Property subtype Multifamily, Land
Occupancy 100%
Investment Type Value Add

Units

Unit Mix 23 x 2BR/2BA
Multifamily Units 23

Building Details

Year Built 1999
Buildings 4
Stories 2
Units 23
Listing Agency: MRG Realty Partners
Listed By: Drew Lekowski · License #TN-371021
Source: Crexi
Added: Jul 28 Changed: Aug 5 Last Checked: Aug 8 at 6:23AM

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 MRG Realty Partners

Investment Insights

Based on property information with market context.

This 23-unit apartment property comprises townhome-style residences with a consistent two-bedroom, two-bath configuration. Individual floor plans range from 1,100 to 1,300 square feet, and the community occupies a 1.47-acre site. The uniform layout provides a straightforward physical profile across the portfolio.

The property is located at 516 19TH AVE N in Nashville, Tennessee, within ZIP code 37203. All 23 units are currently occupied, providing an operating property with established resident occupancy. The asset was developed by the original developer, according to the property information.

Key Highlights

  • 23‑unit townhome apartment property
  • All 23 units are 100% occupied
  • Every residence features 2 bedrooms and 2 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Auto Parts Store Clothing & Fashion Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,845
Businesses Nearby

Demographics for 37203, TN

20,429
Population
16,422
Households
1.2
Avg Household Size
30
Median Age
67%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
4,864
Density / Sq Mi
$69,671
Median Household Income
$55,399
Median Earnings
$1,881
Median Rent
$519,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied townhome community with consistent two-bedroom, two-bath layouts.
Where is this apartment building located?
The property is located at 516 19TH AVE N Nashville, TN.
What are key features of this property?
This property features: 23‑unit townhome apartment property; All 23 units are 100% occupied; Every residence features 2 bedrooms and 2 baths
More about this property
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