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26-Unit Apartment Complex with Rooftop Decks
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953 44th Ave N, Nashville, TN 37209

MUL-A-zoned apartment property with furnished-quality finishes, smart entry systems, elevators, and short-term rental use potential.

Property SizeContact for details
Days on Market144

Property Features for 953 44th Ave N

General Information

Standard status Active
Elevators Yes
Property subtype Multifamily
Zoning MUL-A

Additional Details

Multifamily Units 26

Amenities

common area rooftop decks
smart access control locks
Listing Agency: The Wilson Group
Listed By: Matt Davis · License #TN 345925
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:18PM

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 The Wilson Group

Investment Insights

Based on property information with market context.

This 26-unit apartment complex is currently occupied by long-term tenants, providing ongoing rental revenue while the next owner secures permits. The units include real hardwood flooring, quartz surfaces, stainless steel appliances, and smart access-control locks. Each building has a dedicated elevator, and residents have access to common-area rooftop decks.

The property is zoned MUL-A, which allows non-owner-occupied short-term rental properties. Its existing long-term tenancy provides an operating use during the permitting process, while the unit count and building-level vertical access support a larger multifamily configuration.

Key Highlights

  • 26‑unit non‑owner‑occupied apartment complex
  • MUL‑A zoning allows NOO‑STRP use
  • Currently leased to long‑term tenants with revenue in place

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic Barber Shop Computer & Electronic Repair

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

26
Residential units

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 37209, TN

40,498
Population
21,421
Households
1.9
Avg Household Size
32
Median Age
57%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
1,205
Density / Sq Mi
$75,810
Median Household Income
$48,965
Median Earnings
$1,580
Median Rent
$495,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - MUL-A-zoned apartment property with furnished-quality finishes, smart entry systems, elevators, and short-term rental use potential.
Where is this apartment building located?
The property is located at 953 44th Ave N Nashville, TN.
What are key features of this property?
This property features: 26‑unit non‑owner‑occupied apartment complex; MUL‑A zoning allows NOO‑STRP use; Currently leased to long‑term tenants with revenue in place
More about this property
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