#2785088, Grant Hammond, Broker, ABR, SRS, SFR, ePRO, Listing Office: Compass RE
540 Weakley Ave Nashville, TN 37207
Property details
About 540 Weakley Ave
Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6!!! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total) the estimated gross revenue is $168,000 ($84,000 per unit × 2). Total expenses amount to $45,428 ($22,714 per unit × 2), which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $122,572 after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.
Highlights
Summary
- MLS Number: 2802545
- MLS Name: REALTRAC
- Office Name: Hive Nashville LLC
- Listing Agent: Michael Gomez
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
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Last updated on: 3/14/2025, 6:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,700,000
540 Weakley Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 26, 2021 | Home Sold | $650,000 |
Sep 17, 2019 | Home Sold | $2,600,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $170,240 | $5,539 |
2022 | $170,240 | $4,030 |
2021 | $170,240 | $5,597 |
2020 | $125,160 | $5,283 |
2019 | $21,225 | $1,263 |
History based on county public records data.
Nearby schools
3
Shwab Elementary School
Public District PK-4
0.6 mi
•1500 Dickerson Pike
9
Purpose Preparatory
Public Charter KG-4
0.7 mi
•220 Venture Cir
3
Hull-Jackson Elementary School
Public Magnet PK-4
1.5 mi
•1015 Kellow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,294. Residents of Nashville, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 540 Weakley Ave
This home is located at 540 Weakley Ave in Nashville, TN and zip code 37207 in the Bordeaux / White's Creek neighborhood. This 1,861 square foot home was built in 2019. Features: 0 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $1,700,000.
In February 2025, from all listings sold in Nashville, TN there were more than 41 sold above asking price, over 252 sold below and more than 114 were sold right at the asked price. In February 2025 in Nashville, TN there were 12.9% more homes for sale than in January. In February 2025 median list price was $535,820 and the average listing age was 44 days.