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3203 Long Blvd
Nashville, TN 37203
FOR SALE · Active
$6,500,000
$446 / Sqft
20
Garage
14,568
Sqft
2007
Yr. Built
MLS# 3302436
Cumulative Days on Market: 100 · Includes prior listings · Currently listed since 07/22/26 · Data provided by the MLS.

Property Description

$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).

Property Highlights

Property Type
Residential Income
Living Area
14,568 Sqft
Price / Sqft
$446
Year Built
2007
Cumulative Days on Market
100

Location

City/Township
Nashville
Subdivision
Phillips Place
County
Davidson County TN
Zoning
RM20

Property Details

Price
$6,500,000
Property Type
Residential Income

Building

Structure Type
Multi Family
Levels
Three Or More
Total Area
14,568 Sqft

Community

Local Schools

Elementary School
Eakin Elementary
Middle School
West End Middle School
High School
Hillsboro Comp High School

Interior Features

Area and Spaces

Living Area
14,568 Sqft
Above Grade Finished Area
14,568 Sqft
Number of Units
10

Interior Features

Flooring
Laminate
Laundry Features
Individual

Heating and Cooling

Heating Features
Central

Building Details

Construction

Year Built
2007

Materials

Construction Materials
Brick

Terms

Rental Terms

Owner Pays
Electricity, Water

Terms

Special Conditions
Standard
Cumulative Days on Market
100

Taxes

Tax

Tax (Annual)
$65,440

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Utilities
Water Available
Sewer
Public Sewer
Water Source
Public

Parking

Garage Capacity
20
Covered Spaces
20
Listed by simpliHOM, 6155001175
Listing Data last updated 10/30/2026 04:00 am
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Property History

2 days ago
Property information last updated
99 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 100 days (includes prior listings) · Currently listed since July 22, 2026. Data provided by the MLS.

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