Michael Osborne
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3203 Long Blvd , Nashville, TN 37203

call for price
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New to the Market Active
BEDS0 BATHS SQUARE FEET14,568 MLS#3302436
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPhillips Place

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).

3203 Long Blvd | MLS# 3302436

This multi-family property located at 3203 Long Blvd , Nashville, TN 37203 is currently listed for sale with an asking price of call for price. Search Nashville real estate on www.michaelosbornerealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 20 car attached
Heating: Central
Stories: 3.0
Taxes: $65,440
Year Built: 2007

Feature Descriptions

Exterior: Brick
Flooring: Laminate
Laundry: Individual
Parking: Basement
Parking Notes: Basement
Sewer: Public Sewer
Units: 10
Utilities: Water Available
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: simpliHOM
Agency Phone: 8558569466

Shown By

Agent Name: Michael Osborne
Agent Phone: (615) 397-5054
Agency Title: Crye-Leike Real Estate Services

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Source: Nashville MLS

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Estimated Payment

$ 5,453.33 per month $0.00 Principal & Interest $5,453.33 Property Tax $0.00 Homeowner's Insurance

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