$679,990

2021 Beech Ave Unit 4, Nashville, TN 37204

  • 3 beds |
  • 4 baths |
  • 1,540 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon436sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $442/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

SHORT TERM RENTAL OPPORTUNITY | 12 SOUTH | One of the more compelling value-add STR opportunities currently available in Nashville. This established 3BR/4BA short-term rental is already producing approximately $70,000 annually in gross revenue, equating to roughly a 10.3% gross yield at list price — and that is with significant room left to improve. The property has already proven demand with 280 Airbnb reviews, a 4.76-star rating, and years of operating history, yet the current furniture, decor and overall presentation are dated compared to many of Nashville’s top-performing STRs. It is also currently configured to sleep only 8 guests. With a thoughtful $30K-$50K design and furniture refresh, upgraded photography and an optimized sleeping arrangement for potentially 10 guests, there is a strong opportunity to increase ADR and push annual gross revenue toward the $90K-$100K range. The location is a major part of the story. Positioned in the highly desirable 12 South / Melrose corridor with an 80 Walk Score, guests are a quick rideshare from everything that makes this one of Nashville’s most popular areas — Sushi-san, Urban Grub, bartaco, Five Daughters Bakery, Edley’s BBQ, The Henry, Frothy Monkey, Sevier Park and the shops, restaurants and nightlife along 12th Ave South — while also maintaining easy access to Belmont, Vanderbilt, The Gulch, Downtown and Broadway. With 3 bedrooms, 4 full baths, 1,540 SF, an attached garage, proven existing revenue and a purchase price under $700K, this is not an STR that needs a turnaround to make sense. The current numbers already work. The upside is in the repositioning. For an investor looking for immediate income, a premier Nashville location and a clear path to materially improve performance, this is an opportunity that is increasingly difficult to find at this price point.

Listing Status:
Active
Date Added:
September 4, 2026
Data Last Updated:
September 25, 2026 at 5:19AM
Listing Office:
Compass : 9198898195
Listing Agent:
Jack Costigan : 9198898195
MLS ID:
3530655
  • General: Ceiling Fan(s)Extra ClosetsPantryWalk-In Closet(s)
  • Appliances: Electric OvenElectric RangeDishwasherDisposalDryerMicrowaveRefrigeratorWasher
  • Basement: None
  • Flooring: CarpetWoodTile
  • A/C: Central Air
  • Heating: Central
  • Parking: Garage Faces FrontParking spaces: 1
  • General: Three Or More
  • HOA Amenities: Maintenance StructureMaintenance GroundsPest ControlTrash300.0Monthly
  • Originating MLS: realtrac
  • County: Davidson CountyTN
  • Zoning: 105100T00400CO
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Jack Costigan , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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