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    540 Weakley Ave Nashville, TN 37207

    Sponsored
    Source: https://www.intero.com
    For Sale
    $1,700,000

    Amazing Opportunity to Own Your Own Nashville Airbnb STR Approved Complex!

    Property size:
    1,861 SF

    Description

    Added:
    May 28, 2025
    Days on Market:
    223
    Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6!!! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total) the estimated gross revenue is $168,000 ($84,000 per unit × 2). Total expenses amount to $45,428 ($22,714 per unit × 2), which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $122,572 after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.

    Property Features for 540 Weakley Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,861 SF
    Price / Square Foot
    $913
    Total Parking Spaces
    2
    Elevators
    N/A
    Net Operating Income
    $168,000

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    3
    Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    State
    Tennessee
    Longitude
    -86.7801694
    Latitude
    36.1985478

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    FAQs

    What type of property is this?
    Multifamily property - Amazing Opportunity to Own Your Own Nashville Airbnb STR Approved Complex!
    Where is this multifamily property located?
    The property is located at 540 Weakley Ave Nashville, TN.
    What is the asking price?
    The asking price for this property is $1,700,000.
    (408) 342-8696
    Request Owner's contact information
    540 Weakley Ave Nashville, TN 37207
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    Nashville, TN 37207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    540 Weakley Ave Nashville, TN 37207
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