3203 Long Blvd, Nashville, TN 37203
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
3203 Long Blvd,Nashville, TN 37203
$6,500,000
- - Beds
- - Baths
- 14,568 sq. ft.
- Multi-family
- Active
Listed by: steve frye
Office: simplihom
MLS#:3302436
Source:NASHVILLE
Price summary
- Price:$6,500,000
- Price per sq. ft.:$446.18
About this home
$500,000 in Earnings |10-Unit Turnkey Long Term or Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer of the property LLC. This boutique 10-unit development generated $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand. The upside doesn't stop at cash flow. Thanks to bonus depreciation available on this asset class, a buyer may qualify for an estimated $1.4M–$1.6M in first-year tax savings, effectively offsetting the down payment (consult your tax advisor to confirm eligibility and benefit based on your specific position)....
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Home facts
- Year built:2007
- Subdivision & Development:Phillips Place
- Listing ID #:3302436
- Added:15 day(s) ago
- Updated:August 07, 2026 at 02:59 PM
Rooms and interior
- Flooring:Laminate
- Living area:14,568 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2007
- Building area:14,568 sq. ft.
- Construction Materials:Brick
- Levels:3 Story
Schools
- High school:Hillsboro Comp High School
- Middle school:West End Middle School
- Elementary school:Eakin Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,500,000
- Price per sq. ft.:$446.18
- Tax amount:$65,440
Parking
- Total parking spaces:20
- Parking description:Basement
- Garage:Yes
- Garage spaces:20
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