Investor Opportunity: invest in East Nashville, ideal for 1031 exchange, midterm, or LT rentals. This rare offering includes 996 and 1000 Douglas, each 3,659 sq ft with 4 beds, 4 baths, designer finishes, skyline-facing rooftop decks, and guest suites with private entrances. Individual MLS numbers are as follows:, 1000… Read More Douglas Ave: MLS - 2887167, 996 Douglas Ave: MLS - 2905059. 1010 Douglas sold for 1.59M. Located in the historic Greenwood neighborhood: walkable, charming, and minutes from Downtown, these homes are located directly across from the future brand-new park, restaurants, and retail, which are part of the $100M+ Lincoln Tech redevelopment. Est. Midterm rental revenue: $135K+ per home annually; LT revenue: 105k. In 2024, a furnished lease offer of $12.5K/month was received for a 2-month stay. With their flexible use potential and strong rental demand, these properties are well-positioned for excellent near-term income and long-term value. Equity upside: Direct comp at 1010 Douglas closed at $1.588M. With development accelerating nearby, we anticipate significant equity growth over the next 3-5 years. Each home features 10–12 ft ceilings, a double-sided fireplace that opens to a private courtyard, a wine bar and wet bar for entertaining, and a rooftop Lookout Tower with panoramic views of downtown Nashville. Just a 5-minute walk to Publix, Orange Theory, and top local restaurants, this is one of East Nashville’s most livable and strategically positioned locations. Greenwood dates back to the late 1800s and continues to attract growth-minded residents and investors. Preferred lender offers a 1.5% rate buy down and free appraisal. Inquire for financials or schedule a private showing to explore this rare, luxe portfolio opportunity. Read Less
Courtesy of The Sapphire Group Real Estate.
Listing Snapshot
Days Online
16
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
4
Partial Baths
1
Square Ft.
3,659
Lot Size
0.17 Acres
Year Built
2024
MLS Number
2999740
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Refrigerator, Gas Oven, Gas Range, Smart Appliance(s)
Basement
Crawl Space
Building
Built in 2024, Year Built Details: New, Living area: 3659, Living area units: Square Feet, Levels: Three Or More, Construction Materials: Fiber Cement, Wood Siding
Cooling
Central Air
Energy Saving
Energy Efficiency: Thermostat, Water Heater
Exterior Features
Patio/Porch Features: Deck, Patio, Smart Lock(s)
Fence
Partial
Fireplaces
2 fireplaces, Gas, Living Room
Floors
Wood, Tile
Garage
2 spaces
Heating
Central
Interior Features
Hot Tub, In-Law Floorplan, Smart Light(s), Walk-In Closet(s), Wet Bar, Entrance Foyer
Lot
0.17 acres, Dimensions: 50 X 153, Level, Topography: Level
Parking
2 covered spaces, 2 open parking spaces, 4 total parking spaces, Garage Door Opener, Garage Faces Rear, Alley Access
Pets Policy
Allowed: Yes
Property
City
Roof
Shingle
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Taxes
Parcel Number: 07213046700, Annual Amount: $1,637
Utilities
Water Available, Water Source: Public
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