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Property Features

• 4 Bedrooms, 4 Full Baths, 1 Half Bath
  (1 BR Main / 2 BR Second / 1 BR Third)
• 3,659 Square Feet - Site Built
  (1,736 Main / 1,258 Second / 665 Third)
• New 3-Story Contemporary Built in 2024
  (Est. Completion Date: 4/5/24)
• Fiber Cement, Wood Siding Exterior
• 2-Car Garage - Attached - REAR
• 2-Car Parking - Alley Access
• Lot Size: 0.17 Acres - 50 X 153
• No Pool
• Annual Property Taxes: $1,637

Investor Opportunity: invest in East Nashville, ideal for 1031 exchange, midterm, or LT rentals. This rare offering includes 996, 1000, and 1008 Douglas, each 3,659 sq ft with 4 beds, 4 baths, designer finishes, skyline-facing rooftop decks, and guest suites with private entrances. Individual MLS numbers are as follows: 1008 Douglas Ave: MLS - 2905060, 1000 Douglas Ave: MLS - 2887167, 996 Douglas Ave: MLS - 2905059 Located in the historic Greenwood neighborhood: walkable, charming, and minutes from Downtown, these homes are located directly across from the future brand-new park, restaurants, and retail, which are part of the $100M+ Lincoln Tech redevelopment. Est. Midterm rental revenue: $135K+ per home annually; LT revenue: 105k. In 2024, a furnished lease offer of $12.5K/month was received for a 2-month stay. With their flexible use potential and strong rental demand, these properties are well-positioned for excellent near-term income and long-term value. Equity upside: Direct comp at 1010 Douglas closed at $1.588M. With development accelerating nearby, we anticipate significant equity growth over the next 3-5 years. Each home features 10?12 ft ceilings, a double-sided fireplace that opens to a private courtyard, a wine bar and wet bar for entertaining, and a rooftop Lookout Tower with panoramic views of downtown Nashville. Just a 5-minute walk to Publix, Orange Theory, and top local restaurants, this is one of East Nashville?s most livable and strategically positioned locations. Greenwood dates back to the late 1800s and continues to attract growth-minded residents and investors. Preferred lender offers a 1.5% rate buy down and free appraisal. Inquire for financials or schedule a private showing to explore this rare, luxe portfolio opportunity.

Listing Company: The Sapphire Group Real Estate

Priced at
$3,670,000

$1,003.01/sqft.

126 Days on the Market

Original Price: $3,725,000

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Shawn Hackett
Your Buyer's Agent at Music City, REALTORS®
615.369.6633

Room Descriptions & Dimensions
Living Room - Great Room	21x15
Dining Room - Formal	10x12
Kitchen - Eat-In	20x12
Hobby Room - Other	10x16
Other Room - Office	9x11
Other Room - Utility Room	6x11
Bedroom 1 - Suite	18x15
Bedroom 2 - Bath	11x11
Bedroom 3 - Walk-In Closet	12x11
Bedroom 4 - Bath	12x11

Additional Details & Features

• Flooring: Finished Wood, Tile
• Double Vanities & Tub Shower Combo in Primary Bath
• 2 Fireplaces
• Hot Tub, In-Law Quarters, Smart Appliance(s), Smart Light(s), Walk-In Closets, Wet Bar, Entry Foyer
• Tankless Water Heater, Programmable Thermostat
• Garage Door Opener, Smart Lock(s)
• Deck, Patio
• Cooling: Central Air Cooling
• Heating: Central Heat
• City Water/Public Sewer

School Information

Hattie Cotton Elementary | Jere Baxter Middle | Maplewood Comp High School

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1008 Douglas Ave, Unit + 1000 & 996 in Historic Greenwood, Nashville, TN 37206

MLS#2965068 - Davidson County | SAVE to Your Favorites List