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901 21st Ave N
Nashville, TN 37208
Nashville Triplex Short or Long Term Rental · Multifamily Property For Sale · 3 Units

INVESTMENT HIGHLIGHTS

  • Prime Location – Situated in North Nashville, minutes from downtown, Germantown, and major city attractions.
  • High Revenue Potential – Generated over $159,000 in gross income in the past 12 months.
  • Multi-Unit Layout – Three contiguous 3-bedroom, 2-bathroom units totaling 9 beds, 6 baths, and 3,294 sq. ft.
  • Turnkey Investment – Fully furnished, income-producing multi-family property with strong rental history.
  • Strong Cap Rate – Offering an estimated 7.08% cap rate, making it an attractive investment opportunity.
  • Low Vacancy & High Demand – Proximity to universities, hospitals, and corporate offices ensures consistent rental demand.

PROPERTY FACTS

No. Units 3
Property Type Multifamily
Building Class C
Lot Size 0.18 AC
Building Size 3,294 SF
No. Stories 1
Year Built/Renovated 2006/2020
Parking Ratio 2.43/1,000 SF
Zoning RM20 - Zoning allows for up to 20 units per acre. New owners would need to continue operating under existing LLC to continue use as short term rental.

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Kitchen
  • Patio
  • Porch

SITE AMENITIES

  • Fenced Lot
  • Security System
  • Wi-Fi
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 3 - 3,284
  • Listing ID: 35007984

  • Date on Market: 2025-03-04

  • Last Updated:

  • Address: 901 21st Ave N, Nashville, TN 37208

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