1118 Spurgeon Ave, Nashville, TN, 37207
About This Home
NON-OWNER OCCUPIED SHORT-TERM RENTAL | $147,000 GROSS REVENUE IN 2025 Turnkey income-producing opportunity in one of Nashville's fastest-growing investment corridors. This professionally designed non-owner occupied short-term rental generated an impressive $147,000 in gross revenue during 2025 and is ideally positioned near the transformative River North and East Bank developments. Professionally designed and furnished, the home offers an open-concept layout filled with natural light, high-end finishes, and exceptional guest appeal. The garage has been transformed into a revenue driving entertainment space that has helped to propel guest interest and earnings. The chef's kitchen is equipped with a dual-fuel range, quartz countertops, and premium appliances, while the spacious primary suite features a luxurious double-head shower. Additional upgrades include LVT flooring, skylit stairwells, tankless water heater, high-efficiency HVAC, LED lighting, and an attached two-car garage. The crown jewel is the expansive rooftop entertainment deck complete with skyline views and a private hot tub—an amenity that consistently drives strong rental performance. Optional outdoor kitchen package available. Located just minutes from Downtown Nashville and directly adjacent to the multi-billion-dollar River North and East Bank redevelopment, this property benefits from proximity to the new Titans Stadium, Oracle headquarters, Topgolf, Station East, and countless future retail, office, residential, and entertainment projects reshaping the city's riverfront. Zoned MUL with a proven operating history, this property offers investors a rare combination of strong current cash flow and long-term appreciation potential in one of Nashville's most exciting growth areas.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Roof: Membrane
- Construction materials: Frame,Brick
Type & Style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subType: Townhouse,Residential,Condominium
Interior
Appliances
- Appliances included: Gas Range,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Basement: None
Bedroom1
- Features: Suite
- Level: Suite
- Area: 180
- Dimensions: 15x12
Bedroom2
- Features: Bath
- Level: Bath
- Area: 143
- Dimensions: 13x11
Bedroom3
- Features: Bath
- Level: Bath
- Area: 132
- Dimensions: 12x11
Bedroom4
- Features: Bath
- Level: Bath
- Area: 110
- Dimensions: 11x10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 1
Features
- Built-in Features,Ceiling Fan(s),Entrance Foyer,High Ceilings,Smart Thermostat,Walk-In Closet(s)
- Flooring: Concrete,Wood,Tile
- Finished area above ground: 2,012
Heating & Cooling
- Heating features: Central,Dual,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,012
- Total interior livable area: 2,012 sqft
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
- Area: 225
- Dimensions: 15x15
Living Room
- Features: Separate
- Level: Separate
- Area: 225
- Dimensions: 15x15
Master Bathroom
- Features: Double Vanity
- Level: Double Vanity
Property
Details
- Parcel number: 071143B01600CO
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 4
- Patio & porch: Deck
- Has view: Yes
- View description: City
Lot
- Lot size: 871.20 sqft
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Earthquake
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,447 | $77,364 |
| Home Insurance | $569 | $6,828 |
| Property Taxes | $605 | $7,260 |
| Electricity | $175 | $2,103 |
| Total | $7,796 | $93,552 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-19 | Listed for sale | $1,275,000 |
| 2024-09-27 | Sold | $1,200,000 |
| 2024-08-27 | Contingent | $1,200,000 |
| 2024-08-26 | Listed for sale | $1,200,000 |
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