1304 15Th Ave Nashville, TN 37212
- Residential income homes
- 6,642 SF
Current Use by Public Records
- Residential income homes
Property Details for 1304 15Th Ave
- Year built
- 2024
- Property size
- 6,642 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents two newly constructed, three-story homes located at 1304 15th Ave S, Nashville, TN 37212, in a highly sought-after neighborhood near Belmont University, Music Row, Vanderbilt University, and The Gulch. Each home boasts approximately 3,321 square feet, totaling 6,642 square feet across both buildings. The property features open-concept layouts, premium finishes, and state-of-the-art kitchens with high-end appliances and large islands. Both homes include private rooftop decks with luxurious Jacuzzis, offering breathtaking city views. Each unit also features a two-car garage, a rare amenity in this urban setting. Built in 2024, these homes are zoned R6 and offer exceptional potential for both long-term rentals and short-term rentals (Airbnb). The property's strong financial performance is evident in its $2,999,999 asking price, $175,200 Net Operating Income (NOI), and a 5.84% capitalization rate. The property's prime location, luxurious amenities, and strong rental market demand make this a compelling investment opportunity in Nashville's thriving real estate market. The homes are designed to maximize rental income, offering a blend of modern luxury and exceptional return on investment. This is a rare chance to acquire a turnkey, high-end multifamily property in one of Nashville's most desirable areas. The property offers a unique combination of lifestyle and investment potential, making it an ideal choice for discerning investors seeking both immediate income and long-term appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.7907
- Latitude
- 36.1411
