Property Details

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1020 Jefferson Street
Nashville, TN 37208
FOR SALE · Active
$6,500,000
$570 / Sqft
11,410
Sqft
2024
Yr. Built
MLS# 3001755
Cumulative Days on Market: 395 · Includes prior listings · Currently listed since 09/29/25 · Data provided by the MLS.

Property Description

20 beds, 20 baths, 5 half baths portfolio of 5 fully operating short term rental residences within the acclaimed Alora development, one of Nashville’s most desirable new destinations. Alora offers a boutique living experience with more than a dozen curated finish packages across the community, creating individuality and elevated design at every turn. Licensed non-owner occupied properties of this quality are increasingly limited, making this offering an exceptional opportunity for investors seeking scale, performance, and long term upside in a thriving market. Each residence is fully furnished and meticulously prepared for immediate operation. Layouts feature 4 bedrooms, 4.5 baths, and open living spaces finished with premium materials. Chef inspired kitchens include high efficiency appliances, gas ranges, and expansive quartz countertops. Private rooftops extend the living experience outdoors, offering either fire pits with sweeping views of downtown or covered terraces with televisions, grills, and stylish furnishings. These amenities elevate the guest experience, drive premium nightly rates, and create memorable stays that encourage repeat bookings. The Alora community is fully access controlled and ideally positioned 1.5 miles from Broadway’s world famous honkytonks, minutes from Germantown’s acclaimed restaurant scene, and just 1mile from Amazon and Oracle’s East Bank headquarters. Centennial Park, Midtown nightlife, and Vanderbilt University are also nearby, ensuring consistent guest demand across multiple travel segments. Phase 2 of Alora will introduce a luxury resort style pool, a modern fitness center, and additional outdoor gathering areas, further enhancing guest appeal and strengthening long term value. Collectively the portfolio sleeps up to 60 guests and may qualify for 100% bonus depreciation with proper structuring. Immediate operational capacity, proven performance, and new amenities underway make Alora an incredibly compelling asset.

Property Highlights

Property Type
Residential Income
Living Area
11,410 Sqft
Price / Sqft
$570
Year Built
2024
Cumulative Days on Market
395

Location

City/Township
Nashville
View
City
Subdivision
Alora Nashville
County
Davidson County TN
Zoning
DTC

Property Details

Price
$6,500,000
Property Type
Residential Income

Building

Structure Type
Multi Family
Levels
Three Or More
Total Area
11,410 Sqft

Community

Local Schools

Elementary School
Jones Paideia Magnet
Middle School
John Early Paideia Magnet
High School
Pearl Cohn Magnet High School

Interior Features

Area and Spaces

Living Area
11,410 Sqft
Above Grade Finished Area
11,410 Sqft
Number of Units
5

Interior Features

Flooring
Wood, Tile
Laundry Features
Individual, Electric Dryer Hookup, Washer Hookup
Security Features
Fire Sprinkler System, Smoke Detector(s)

Heating and Cooling

Heating Features
Central, Dual

Building Details

Construction

Year Built
2024

Materials

Construction Materials
Fiber Cement, Frame
Roof
Membrane

Terms

Rental Terms

Owner Pays
Cable TV, Electricity, Gas, Water

Terms

Special Conditions
Standard
Cumulative Days on Market
395

Taxes

Tax

Tax (Annual)
$36,974

HOA

Has HOA
Yes
Association Fee
$1,250 /mo
Association Fee2
500.00 once
Association Ammenities
Sidewalks
Association Fee Includes
Maintenance Structure, Maintenance Grounds, Insurance, Trash

Heating, Cooling & Utilities

Cooling Features
Central Air, Electric

Utilities

Utilities
Electricity Available, Water Available
Sewer
Public Sewer
Water Source
Public

Parking

Covered Spaces
2
Listed by Compass RE, 6159457123
Listing Data last updated 10/29/2026 11:40 pm
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Property History

2 days ago
Property information last updated
396 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 395 days (includes prior listings) · Currently listed since September 29, 2025. Data provided by the MLS.

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