160 2nd Ave N 501, Nashville, TN 37201
160 2nd Ave N 501, Nashville, TN 37201, Pending at $1,750,000 ($1,144/sq ft). 3 bd · 2 ba · 1,530 sqft · $1,144/sqft · 0.41 ac.
160 2nd Ave N 501, Nashville, TN 37201, Pending at $1,750,000 ($1,144/sq ft). 3 bd · 2 ba · 1,530 sqft · $1,144/sqft · 0.41 ac.
Pending · $1,750,000
MLS #2818084 · listed September 6, 2024 · 221 days on market · updated April 15, 2025
3-bed, 2-bath residence at 160 2nd Ave N 501 in The Heritage at Broadway, Nashville, 1,530 sqft, $1,750,000 ($1,144/sqft), by Alpha Residential.
Status: this Airbnb is currently under contract, per Realtracs as of April 15, 2025.
160 2nd Ave N 501 is a 3-bedroom, 2-bath Airbnb in Nashville, TN 37201, offered at $1,750,000, about $1,144/sq ft across 1,530 sq ft.
Bedroom count: this Airbnb is listed in the MLS structured data as 3 bedrooms, while the listing remarks describe a 4-bedroom layout. We report the structured MLS count (3); confirm the configuration that matters to you.
All-in, about $12,725/mo at 20% down (7.60% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $2,840/mo, roughly 22% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this Airbnb runs about $9,627/mo; at the 6.81% rate of about three months ago it would be roughly $9,136/mo, so monthly P&I is about $491 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 160 2nd Ave N 501 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of April 15, 2025. Realtracs via IDX.
Short-term-rental property: see permit type and the revenue outlook below. STR eligibility is confirmed parcel by parcel, subject to a Metro Nashville permit.
More context: the Nashville short-term-rental zoning and permits guide.
NOO STR WALK TO BROADWAY! Welcome to The Heritage at Broadway, Nashville's most exciting NEW short-term rental development. Located on historic 2nd Avenue, just steps from the iconic Broadway, this extraordinary project blends timeless architectural charm with modern luxury. Nestled in the epicenter of Music City, this turn-of-the-century loft building offers a one-of-a-kind experience for both guests and investors. With stunning views of the Cumberland River, Nissan Stadium, and the city skyline, including the iconic "Batman Building" - The Heritage offers an unparalleled location. Enjoy direct access to hundreds of bars, restaurants, and entertainment venues, along with easy connectivity to top attractions like the Titans Stadium and the vibrant riverfront. This is your chance to invest in Nashville's thriving short-term rental market or secure a luxurious urban retreat. The Heritage consists of 50 non-owner occupied short-term rental eligible units ranging from 1-4 bedrooms, retail space on the first floor, a state of the art fitness center with sauna, business center, indoor-outdoor amenity space on the 5th floor overlooking the Cumberland River and Nissan Stadium, a second public terrace on the 4th floor overlooking 2nd Ave, business center and a BEAUTIFUL 2nd floor atrium! Contact agent for a full list of available units! This building is being renovated on floors 1-3 and floors 4 & 5 will be new construction. Estimated completion date April 2027.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 160 2nd Ave N 501 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Under contract | |||
| Listed | $1,750,000 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 |
Listed September 6, 2024, this listing was on the market 221 days before it went under contract. It went under contract on April 15, 2025 and has been pending, no longer showing, since October 27, 2026.
The Davidson County Assessor's appraised value of 160 2nd Ave N 501 by year: $1,681,700 in 1999 to $14,149,500 in 2025, a change of +741%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $14,055,600 | $93,900 | $0 | $14,149,500 | ROLL |
| 2021 | $7,208,000 | $67,000 | $0 | $7,275,000 | JUNE |
| 2020 | $5,766,400 | $3,333,600 | $0 | $9,100,000 | ROLL |
| 2019 | $5,766,400 | $4,093,700 | $0 | $9,860,100 | ROLL |
| 2018 | $5,766,400 | $4,093,700 | $0 | $9,860,100 | ROLL |
| 2017 | $5,766,400 | $4,093,700 | $0 | $9,860,100 | JUNE |
| 2013 | $1,441,600 | $2,775,289 | $0 | $4,216,889 | JUNE |
| 2012 | $1,441,600 | $2,824,400 | $0 | $4,266,000 | JUNE |
| 2011 | $1,441,600 | $3,544,300 | $0 | $4,985,900 | JUNE |
| 2009 | $1,441,600 | $3,544,300 | $0 | $4,985,900 | ROLL |
| 2008 | $1,081,200 | $3,161,800 | $0 | $4,243,000 | ROLL |
| 2006 | $1,081,200 | $2,967,600 | $0 | $4,048,800 | COR |
| 2005 | $1,081,200 | $852,500 | $0 | $1,933,700 | COR |
| 2003 | $1,081,200 | $668,800 | $0 | $1,750,000 | ROLL |
| 2002 | $1,081,200 | $1,421,500 | $0 | $2,502,700 | ROLL |
| 2001 | $1,081,200 | $1,421,500 | $0 | $2,502,700 | JUNE |
| 2000 | $1,081,200 | $600,500 | $0 | $1,681,700 | ROLL |
| 1999 | $1,081,200 | $600,500 | $0 | $1,681,700 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Investor carrying cost for 160 2nd Ave N 501 at $1,750,000: debt service, property tax, STR-grade insurance, HOA, plus management and occupancy tax, netted against the revenue outlook above for a cap-rate view.
| List price | $1,750,000 |
|---|---|
| HOA dues | $1,147 / mo |
| Operating load | Management, cleaning, occupancy tax, and STR-grade insurance reduce net yield, see the conservative revenue outlook above. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 160 2nd Ave N 501 is about $12,725/mo, 20% down on a 30-year fixed at 7.60% (a jumbo loan), including principal & interest $9,885, estimated property tax $1,026, STR-grade insurance $667, and HOA dues $1,147. Estimate only; not a loan offer.
| Principal & interest | $9,885/mo |
|---|---|
| Property tax (est.) | $1,026/mo |
| STR-grade insurance (est.) | $667/mo |
| HOA dues | $1,147/mo |
| Estimated total | $12,725/mo |
Assumes 20% down, 30-year fixed at 7.60% (Mortgage News Daily, as of October 23, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.60% | $8,941/mo | $11,781/mo | -$944/mo |
| 7.10% | $9,408/mo | $12,248/mo | -$477/mo |
| 7.60% | $9,885/mo | $12,725/mo | current |
| 8.10% | $10,370/mo | $13,210/mo | +$485/mo |
| 8.60% | $10,864/mo | $13,704/mo | +$979/mo |
Principal & interest on a 30-year fixed at 20% down ($1,400,000 loan), with property tax, insurance, and HOA held constant at $2,840/mo. Current 30-year fixed 7.60% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 160 2nd Ave N 501 at two example assumptions (illustrative inputs, not a market forecast for this property):
| Scenario | Nightly rate | Occupancy | Gross / yr |
|---|---|---|---|
| Conservative | $175/night | 50% | $31,900 |
| Stronger | $275/night | 68% | $68,300 |
Gross is nightly rate × 365 × occupancy. Net is materially lower after operating costs (management, cleaning, Metro occupancy tax, STR-grade insurance; commonly 30–40% of gross) and debt service of about $9,885/mo in principal and interest at 20% down. Turn on JavaScript to model your own assumptions (cash flow, cash-on-cash, DSCR, cap rate).
Nightly rate and occupancy above are illustrative example inputs, not a market forecast for this property. A non-owner-occupied short-term-rental permit is issued parcel by parcel by Metro Nashville and does not convey on sale. Estimate only; not financial or investment advice.
| Metric | This Airbnb | The Heritage at Broadway active | Recently sold |
|---|---|---|---|
| Price / sq ft | $1,144 | $1,140 median | - |
| Price position | 56th pctile | 0% vs median | - |
This listing beside the active The Heritage at Broadway market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.
This listing beside the active The Heritage at Broadway market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
Among the 40 active Airbnbs in The Heritage at Broadway, this Airbnb at $1,144/sq ft falls in the 56th percentile on price per square foot.
Computed by Grant Hammond from 40 The Heritage at Broadway comparables (Realtracs via IDX), as of October 28, 2026, refreshed weekly.
| Active listings | 45 in Nashville 37201 condos |
|---|---|
| Recent absorption | about 5.5 sales / mo |
| Months of inventory | 8.2 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37201 condos sold at about 95.8% of list price.
Recorded sales in Nashville 37201 condos: 52 in the past 12 months.
Supply-side and recent-sale context for Nashville 37201 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37201 condos closings. Source Realtracs via IDX, as of October 24, 2026.
160 2nd Ave N 501 sits in The Heritage at Broadway, Nashville, Davidson County.
In The Heritage at Broadway, homes there are priced around $1,144 per square foot; inventory in Nashville 37201 condos is running at about 8.2 months, a buyer-favored market; recent sales in Nashville 37201 closed near 95.8% of list price; 8 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
Approximately 0.3 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 160 2nd Ave N 501 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 160 2nd Ave N 501, by price and size.
Listed by Alexis McNellie, Alpha Residential. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
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As of the latest update (April 15, 2025), 160 2nd Ave N 501, Nashville is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
160 2nd Ave N 501 was listed on September 6, 2024 and went under contract on April 15, 2025, after 221 days on the market, per Realtracs.
No. The asking price has been $1,750,000 since it was listed on September 6, 2024.
160 2nd Ave N 501, Nashville is listed at $1,750,000, about $1,144 per square foot across 1,530 square feet.
3 bedrooms and 2 bathrooms.
About $1,144 per square foot ($1,750,000 across 1,530 sqft).
160 2nd Ave N 501, Nashville was built in 2025.
No garage is reported in the listing.
HOA dues are $1,147 per month, as listed.
160 2nd Ave N 501, Nashville is in The Heritage at Broadway subdivision of Nashville.
About $12,725 a month with 20% down on a 30-year fixed at 7.60%, principal and interest $9,885, estimated property tax $1,026, insurance $667, and HOA $1,147. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
160 2nd Ave N 501, Nashville is marketed as a short-term-rental investment property. Non-owner-occupied STR permits are issued parcel by parcel by Metro Nashville, not by neighborhood; confirm current permit status before closing.
No. A Metro Nashville STR permit is tied to the property and the permit holder and does not automatically convey; a buyer applies for their own.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales, 550+ Nashville short-term rental transactions and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $1,144 per square foot, 160 2nd Ave N 501, Nashville ranks in the 50th percentile of active The Heritage at Broadway listings by price per square foot; recent comparable sales in The Heritage at Broadway closed near $1,269 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37201 condos market is currently buyer-favored (ample supply), at about 8.2 months of inventory; recent sales have closed near 95.8% of list price over the past year, per Realtracs as of October 24, 2026.
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