Megan Medlen

Realtor®
License#: 115699

NEW PRICE! Opportunity to own a fully furnished 3BR/3BA Nashville property for under $450K with potential for NOO STR eligibility through the MIPA process. With over 2,000 SF, an attached 2-car garage, and a private rooftop deck, the layout offers great potential to be refreshed for Nashville’s group and corporate travel market, from business trips and events to birthday weekends and bachelor/bachelorette stays. It is currently operating as a short-term rental, with the owners also enjoying significant personal use throughout the year. Design concept images are provided, illustrating the property’s potential along with performance data from four comparable 3BR rentals demonstrating year-round booking performance and the potential for this unit when available year-round. Comparable units generated approximately $49K–$78K in after-tax revenue with ADRs of $382–$448. Offered fully furnished and minutes from Downtown Nashville! 1% lender credit with use of preferred lender.

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Megan Medlen

General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 3592139
  • List Price: $449,900
  • List Date: 09/15/2026
  • Year Built: 2020
  • County: Davidson County, TN
  • Subdivision: Lyric At Cleveland Park
  • Beds: 3
  • Full Bathrooms: 3
  • Sq. Ft.: 2,027
  • Directions: From Downtown Nashville: North on Ellington Parkway to Trinity Lane Exit. Turn LEFT on Trinity to LEFT on Jones Avenue. Take 2nd LEFT onto Cherokee Avenue and development is ahead on the RIGHT.

Schools

  • Elementary: Tom Joy Elementary
  • Middle: Jere Baxter Middle
  • High: Maplewood Comp High School

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
 

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