1002 1st Ave N, Nashville, TN 37201
1002 1st Ave N, Nashville, TN 37201, Active at $595,000 ($597/sq ft). 2 bd · 2 ba · 996 sqft · $597/sqft · 0.02 ac.
1002 1st Ave N, Nashville, TN 37201, Active at $595,000 ($597/sq ft). 2 bd · 2 ba · 996 sqft · $597/sqft · 0.02 ac.
Active · $595,000
MLS #3592373 · listed September 8, 2026 · 51 days on market · updated September 15, 2026
2-bed, 2-bath residence at 1002 1st Ave N in Riverfront, Nashville, 996 sqft, $595,000 ($597/sqft), by Benchmark Realty, LLC.
1002 1st Ave N is a 2-bedroom, 2-bath Airbnb in Nashville, TN 37201, offered at $595,000, about $597/sq ft across 996 sq ft.
All-in, about $4,566/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this Airbnb (property tax, insurance, and HOA) run about $1,293/mo, roughly 28% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this Airbnb runs about $3,273/mo; at the 6.76% rate of about three months ago it would be roughly $3,090/mo, so monthly P&I is about $183 higher now.
Short-term rental: this building permits STR, subject to a Metro Nashville permit.
Next step: ask Grant Hammond anything about 1002 1st Ave N (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 15, 2026. 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.
Turnkey Operating STR. Walkable to Downtown, Riverfront Park, Nashville Farmers Market, First Horizon Park, Germantown, and lots of Restaurants! The pedestrian bridge to be built connecting the East Bank Development to Downtown will go in next to this building and is slated to begin construction in Fall 2028. Amenities include pool, fitness center, laundry facilities, fire pit, and covered parking.With a modern open floor plan you can comfortably host guests in one of the largest units in this development. It has 2 generous bedrooms and 2 full bathrooms with lots of storage and counter space. The home is fresh and updated with designer wallpaper, colors and furnishings. There are too many updates to list including new flooring, vanities, toilets, removed wall to open up kitchen, new countertops, backsplash, replaced upper cabinets with modern shelving, etc. Please see attached list of full improvements. The sellers have plans to paint the kitchen cabinets as soon as they have a break in bookings. A rendering of what the kitchen will look like once this is done has been included in the media.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1002 1st Ave N (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $595,000 | ||
| Deed recorded | $631,000 | ||
| Deed recorded | $440,000 | ||
| Affidavit recorded | $0 | ||
| Deed recorded | $120,000 | ||
| Quitclaim deed | $0 | ||
| Trustee's deed | $136,000 | ||
| Deed recorded | $182,500 | ||
| Quitclaim deed | $0 |
Listed September 8, 2026, this listing has been on the market 51 days as of October 29, 2026. The asking price has not changed since it was listed.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
1002 1st Ave N has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Listed for sale | $595,000 | Realtracs MLS #3592373 | |
| Listing removed | n/a | Realtracs MLS #3156006 | |
| Listed for sale | $610,000 | Realtracs MLS #3156006 | |
| Sold (public record) | $631,000 | Public record | |
| Sold (public record) | $440,000 | Public record | |
| Sold (public record) | $120,000 | Public record | |
| Sold (public record) | $182,500 | Public record |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.
The Davidson County Assessor's appraised value of 1002 1st Ave N by year: $53,200 in 2006 to $617,200 in 2025, a change of +1060%. 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 | $86,000 | $531,200 | $0 | $617,200 | ROLL |
| 2024 | $62,000 | $357,500 | $0 | $419,500 | ROLL |
| 2022 | $62,000 | $357,500 | $0 | $419,500 | ROLL |
| 2021 | $62,000 | $357,500 | $0 | $419,500 | ROLL |
| 2017 | $43,000 | $219,900 | $0 | $262,900 | ROLL |
| 2013 | $25,000 | $88,400 | $0 | $113,400 | ROLL |
| 2011 | $30,000 | $138,900 | $0 | $168,900 | PR |
| 2010 | $30,000 | $112,700 | $0 | $142,700 | PF |
| 2009 | $30,000 | $138,900 | $0 | $168,900 | ROLL |
| 2007 | $25,000 | $141,300 | $0 | $166,300 | ROLL |
| 2006 | $25,000 | $28,200 | $0 | $53,200 | 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 1002 1st Ave N at $595,000: 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 | $595,000 |
|---|---|
| HOA dues | $591 / 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 1002 1st Ave N is about $4,566/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $3,273, estimated property tax $349, STR-grade insurance $353, and HOA dues $591. Estimate only; not a loan offer.
| Principal & interest | $3,273/mo |
|---|---|
| Property tax (est.) | $349/mo |
| STR-grade insurance (est.) | $353/mo |
| HOA dues | $591/mo |
| Estimated total | $4,566/mo |
Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 26, 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 |
|---|---|---|---|
| 6.33% | $2,956/mo | $4,249/mo | -$317/mo |
| 6.83% | $3,113/mo | $4,406/mo | -$160/mo |
| 7.33% | $3,273/mo | $4,566/mo | current |
| 7.83% | $3,436/mo | $4,729/mo | +$163/mo |
| 8.33% | $3,603/mo | $4,896/mo | +$330/mo |
Principal & interest on a 30-year fixed at 20% down ($476,000 loan), with property tax, insurance, and HOA held constant at $1,293/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 26, 2026). Estimate only; not a loan offer.
Illustrative gross short-term-rental revenue for 1002 1st Ave N 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 $3,273/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 | Riverfront active | Recently sold |
|---|---|---|---|
| Price / sq ft | $597 | $601 median | - |
| Price position | 36th pctile | -1% vs median | - |
| Riverfront vs Nashville 37201 area | - | -46% | - |
This listing beside the active Riverfront market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 30, 2026.
This listing beside the active Riverfront market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
At $597/sq ft, this Airbnb ranks in the 36th percentile of the 11 active Airbnbs in Riverfront by price per square foot.
Riverfront trades about 46% below Nashville 37201 area on a price-per-square-foot basis.
Taken together, this Airbnb reads in line with Riverfront on a per-square-foot basis.
Computed by Grant Hammond from 11 Riverfront comparables (Realtracs via IDX), as of October 30, 2026, refreshed weekly.
| Active listings | 11 in Riverfront |
|---|---|
| Recent absorption | about 0.8 sales / mo |
| Months of inventory | 13.2 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Riverfront sold at about 95.8% of list price.
Recorded sales in Riverfront: 52 in the past 12 months.
Supply-side and recent-sale context for Riverfront. Sale figures are trailing 6/12/24-month medians of recorded Riverfront closings. Source Realtracs via IDX, as of October 26, 2026.
1002 1st Ave N sits in Riverfront, Nashville, Davidson County.
In Riverfront, homes there are priced around $601 per square foot; inventory is running at about 13.2 months, a buyer-favored market; recent sales in Nashville 37201 closed near 95.8% of list price; 12 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
Approximately 0.8 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 1002 1st Ave N - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1002 1st Ave N, by price and size.
Listed by Laura Lee Scoggins, Benchmark Realty, LLC. 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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A Nashville STR broker breaks down the Section 280A 14-day rule and the separate personal-use test, and how using your own rental can quietly limit your deductions.
A turnkey Airbnb investment in Nashville transfers as an operating business: professionally furnished, professionally managed, with verified income and forward bookings. Alora Nashville executes this model at the highest level, and 100% bonus depreciation under the One Big Beautiful Bill Act makes day-one placed-in-service status especially valuable for executive investors.
As of the latest update (September 15, 2026), 1002 1st Ave N, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1002 1st Ave N was listed on September 8, 2026 and has been on the market 51 days as of October 29, 2026, per Realtracs.
No. The asking price has been $595,000 since it was listed on September 8, 2026.
1002 1st Ave N, Nashville is listed at $595,000, about $597 per square foot across 996 square feet.
2 bedrooms and 2 bathrooms.
About $597 per square foot ($595,000 across 996 sqft).
1002 1st Ave N, Nashville was built in 1986.
No garage is reported in the listing.
HOA dues are $591 per month, as listed.
1002 1st Ave N, Nashville is in the Riverfront subdivision of Nashville.
About $4,566 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $3,273, estimated property tax $349, insurance $353, and HOA $591. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1002 1st Ave N, 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 and 550+ Nashville short-term rental transactions. Use the tour or question form on this page.
At about $597 per square foot, 1002 1st Ave N, Nashville ranks in the 36th percentile of active Riverfront listings by price per square foot; recent comparable sales in Riverfront closed near $599 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Riverfront market is currently buyer-favored (ample supply), at about 13.2 months of inventory; recent sales have closed near 95.8% of list price over the past year, per Realtracs as of October 26, 2026.
Thinking of selling in Riverfront?
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