1037C Scovel St, Nashville, TN 37208
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
1037C Scovel St,Nashville, TN 37208
$1,169,000
- 4 Beds
- 4 Baths
- 2,133 sq. ft.
- Townhouse
- Active
Listed by: david holcombe
Office: hallson real estate
MLS#:3610616
Source:NASHVILLE
Price summary
- Price:$1,169,000
- Price per sq. ft.:$548.05
- Monthly HOA dues:$265
About this home
Rare opportunity to acquire a high-performing turnkey NOO STR investment in the heart of Nashville. This commercially zoned, 4-bedroom, 4-bath property is zoned DTC with an active STR permit and is being sold fully furnished, ready to operate from day one.
Newly renovated and under new professional management as of 2026, the property is positioned for strong performance, with projected annual gross revenue of $107,000 - $131,000 based on past performance and comparable nearby short-term rentals. Future bookings can convey with the sale. Full comp analysis available upon request.
Ideally positioned less than two miles from Broadway and The Gulch and minutes from Germantown. Designed for group travel, the three-level layout sleeps 12 and features 4 en-suite bedrooms, designer finishes, garage parking, and a rooftop deck with a fire pit and Capitol and downtown skyline views. Known on Airbnb as “The Velvet Spur – Skyline Views, Rooftop Fire Pit”, the property holds a 4.94-star average rating and Airbnb's Guest Favorite designation. Furnishings and décor convey, and professional management is in place and available to continue.
At the current asking price, a cost segregation study could support an estimated $238,000 - $285,000 in first-year bonus depreciation. The property may also suit investors pursuing a 1031 exchange. Disclaimer: Illustrative estimate only and not tax advice. Actual results depend on the purchase allocation, the buyer's tax situation, and passive activity rules. Buyers should consult their CPA or tax advisor.
Ask your agent for the Airbnb listing, detailed performance history, and the complete STR investment package, including revenue projections and bonus depreciation estimates.
Search Terms: NOOSTR, N.O.O. STR, non-owner occupied, STRP, vacation rental, VRBO, investment property, income property....
Contact an agent
Home facts
- Year built:2020
- Subdivision & Development:Scovel Row
- Listing ID #:3610616
- Added:5 day(s) ago
- Updated:October 08, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile
- Kitchen Description:Dishwasher, Freezer, Ice Maker, Refrigerator
- Living area:2,133 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2020
- Building area:2,133 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Contemporary
- Construction Materials:Fiber Cement, Frame
- Exterior Features:Deck, Smart Camera(s)/Recording
- Levels:3 Story
Schools
- High school:Pearl Cohn Magnet High School
- Middle school:John Early Paideia Magnet
- Elementary school:Jones Paideia Magnet
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,169,000
- Price per sq. ft.:$548.05
- Tax amount:$14,076
Features and amenities
- Appliances:Dishwasher, Ice Maker, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Smoke Detector(s)
Parking
- Total parking spaces:3
- Parking description:Attached, On Street
- Garage:Yes
- Garage spaces:1
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