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532 Weakley Ave Nashville, TN $ 5,350,000
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$ 5,350,000 Get more info
532 Weakley Ave
$ 5,350,000
Back to search
Share Save

532 Weakley Ave

Nashville, TN, 37207
$ 5,350,000
Bedrooms12 Baths12.0 Sq 11,166

Monthly Estimate*

$ 37,371

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Multi-Family Home for sale in Nashville, TN

for $5,350,000 with 12 bedrooms and 12 full baths. This 11,166 square foot home was built in 2019.

Music Row on the Cumberland is the premier NOO STR development in Nashville. All 6 units (18beds/18baths) are being sold together as an investment package, not individually (includes 532, 534, 536, 538, 540, 542 Weakley Ave). Located in the middle of Nashville's core growth while also within 10 minutes of Oracle's new campus and River North, the asset provides liquid cash flow along with extreme long term appreciation. Each unit has been improved over the past year with exciting themes (Johnny Cash House, Taylor Swift House, Dolly House, etc) that have proven to increase occupancy significantly. Entire package conveys fully furnished. Based on 2023 Actuals (attached), units are currently on a 6.9% CAP.

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Multi-Family Active

Price

$ 5,350,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 5,540

Style

Multi Family

Year Built

2019

Town/City

Nashville

County/Region

Davidson

MLS | Web ID

2611976
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Immediate
Zoning MUN - A
Garage Spaces 2
Construction Materials Fiber Cement Wood Siding
Year Built 2019
Stories 3
Levels One
Gross Income 589953
County Davidson County TN
Net Operating Income 342470
Operating Expense 247483
New Construction N
Property Type Residential Income
Attached Garage Y
Subdivision Name Music Row on the Cumberland
Garage Y/N Y
Status Active
Directions From Downtown - I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike right on fern and then left on Weakley. OR from Jefferson St left on WBC then right on Weakley
High School Whites Creek High
City Nashville
View Y/N N
Total Units 6
Waterfront Y/N N
Carport Y/N N
Street Name Weakley Ave
Elementary School Alex Green Elementary
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 5540
Middle/Junior High School Haynes Middle
Days on Market 90
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 392000
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Interior
Flooring Finished Wood Tile
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 11166
Full Baths 0
Half Baths 0
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Attached - Rear
Water Source Public
Total Parking 2
Inclusions APPLN FURN
Building Area Total 11166
Lot Size Units Acres
Covered Spaces 2
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Internal Only
Street Number 1 532
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* Excluded Features
List By
House Haven Realty

Broker

Stephen@househavenrealty.com

Email

Affordability Calculator

$37,833
Per Month
99%
1%
0%
Monthly Principal & Interest
$37,371
Monthly Property Taxes
$462
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4313700 Elementary School
4313522 Middle School
Whites Creek High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$5,350,000 -0.93% Price Down
4/8/2024$5,400,000 -0.92% Price Down
3/30/2024$5,450,000 -0.91% Price Down
3/6/2024$5,500,000 -1.79% Price Down
1/23/2024$5,600,000 Listed Price

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532 Weakley Ave, Nashville, TN, 37207 is a Multi-Family Home for sale at $5,350,000 with 11,166 sqft. 532 Weakley Ave has 12 bedrooms, 12.0 baths, and was built in 2019. The property's zip code is 37207 which is in Nashville, TN

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