532 Weakley Avenue

Nashville, TN 37207

$5,100,000
Price
18
Beds
16
Baths
11,166 Sq. Ft.
$457 / Sq. Ft.
11,166
Sq. Ft.
$457
per Sq. Ft.

Description

Incredible investment opportunity in Nashville: Own this turnkey Airbnb complex, STR-approved with MUN-A zoning for non-owner occupied operations, generating an estimated $500,000 in gross income annually. Perfect for DSCR loans, 1031 Exchanges, or conventional financing, this property allows you to live in one unit and rent the others on top short-term rental platforms. Estimated yearly net income is $363,716 after typical expenses (utilities, cleaning, insurance, and taxes), excluding management...Incredible investment opportunity in Nashville: Own this turnkey Airbnb complex, STR-approved with MUN-A zoning for non-owner occupied operations, generating an estimated $500,000 in gross income annually. Perfect for DSCR loans, 1031 Exchanges, or conventional financing, this property allows you to live in one unit and rent the others on top short-term rental platforms. Estimated yearly net income is $363,716 after typical expenses (utilities, cleaning, insurance, and taxes), excluding management fees. Individual units are also available for purchase. The seller is open to reasonable offers—reach out for a showing, but please note the property stays heavily booked! Buyer to verify all details.
  1. Listed by Michael Gomez • Hive Nashville LLC • 6156134461

Property Details for 532 Weakley Avenue

Subdivision Name
Homes At 1133 Baptist World Center
View
City
Waterfront
No
LISTING UPDATED: 12/13/2024 05:38 PM

Property Details for 532 Weakley Avenue

StatusActive
MLS #2757441
Days on Market39
Taxes$33,240 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2019
Lot Size-
CountyDavidson County

Building Information for 532 Weakley Avenue

Stories3Residences6Year Built2019Building Size-Lot Size-

Property Information for 532 Weakley Avenue

Summary
Location and General Information
  • Directions: From Downtown - I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike, right on fern and then left on Weakley. OR from Jefferson St, left on WBC then right on Weakley. 6 units on the corner - 2 buidings
  • Elementary School: Alex Green Elementary
  • High School: Whites Creek High
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Haynes Middle
  • Mlg Can View: Yes
  • Zoning: Multi-Use
Parking
  • Garage Spaces: 2.00
  • Parking Features: Attached - Rear
  • Parking Total: 2.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Finished Wood, Tile
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 071140U00100CO
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Fiber Cement, Wood Siding
  • Documents Count: 1
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 3
  • Year Built Details: EXIST
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Unit 1
  • Unit Type Actual Rent: $125,000.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $150,000.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $125,000.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $125,000.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $525,000

Property History for 532 Weakley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 532 Weakley Avenue

Taxable ValueLand$35,200Additions$135,040Total$170,240
Tax Record2024$5,540 ($462 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,861 SqFtAbove Grade Finished SqFt1,861 SqFtStories3StyleCondominiumYear Built2019ZoningMUN-ACountyDAVIDSONAPN071-14-0U-001-00

Schools near 532 Weakley Avenue

This home is within Davidson County.
Rating
School
Type
Grades
Distance
Alex Green Elementary School
Public - PK to 5
Haynes Middle
Public - 6 to 8
Whites Creek Comp High School
Public - 9 to 12
Purpose Prep
Charter - K to 5
Rating
School
Distance
Alex Green Elementary School
PublicPK to 5

Haynes Middle
Public6 to 8

Whites Creek Comp High School
Public9 to 12

Purpose Prep
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 532 Weakley Avenue, Nashville, TN 37207

532 Weakley Avenue is a multi-family home for sale in Nashville, TN 37207. This property was listed for sale on November 7, 2024 by Hive Nashville LLC, it's currently listed at $5,100,000. It has been on the market for a total of 39 days and was last sold on October 22, 2021. This listing's school district is Davidson County. Nearby schools include Alex Green Elementary School, Haynes Middle and Whites Creek Comp High School. 532 Weakley Avenue is a 18-bed, 16-bath, 11,166 sqft multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hive Nashville LLC, Michael Gomez (615.613.4461)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 12/13/2024 05:38 PM