940 1st Ave N, Nashville, TN 37201
940 1st Ave N, Nashville, TN 37201, sold for $562,000 on January 29, 2026 ($564/sq ft). 2 bd · 1.5 ba (1 full, 1 half) · 996 sqft · $564/sqft.
940 1st Ave N, Nashville, TN 37201, sold for $562,000 on January 29, 2026 ($564/sq ft). 2 bd · 1.5 ba (1 full, 1 half) · 996 sqft · $564/sqft.
Sold January 29, 2026 · $562,000
MLS #3047315 · listed November 17, 2025 · updated January 29, 2026
2-bed, 1.5-bath residence at 940 1st Ave N in Riverfront, Nashville, 996 sqft, sold for $562,000 on January 29, 2026 ($564/sqft), listed by Brandon Hannah Properties.
940 1st Ave N, a 2-bedroom, 1.5-bath Airbnb in Nashville, TN 37201, sold for $562,000 on January 29, 2026, $27,000 (4.6%) below its last list price of $589,000, after 69 days on market, well over the Nashville 37201 12-month median of 30 days. The listing described it as a 1986 Airbnb with a pool. That is about $564/sq ft across 996 sq ft. It closed about 9% below its 2025 county appraisal of $617,200 and about 3% above the address's prior recorded sale of $546,975 in 2021. Nashville 37201 Airbnb sales over the past 12 months: a median sale price of $815,000, up 29.4% from the year before; $631/sq ft, down 7.6% (52 closings, per Realtracs). There are 11 active listings in Riverfront as of October 27, 2026, and sales there have closed near 95.8% of list in the 12 months to October 28, 2026.
Since this sale, Airbnbs in Nashville 37201 sold for a median $631/sq ft in the 12 months to October 28, 2026, down 4.8% from $663/sq ft in the 12 months to January 29, 2026, when this Airbnb closed (34 and 32 closings, per Realtracs). That is a measure of the area, not a value for this Airbnb.
Want a current value for this Airbnb? Ask Grant Hammond for a comparative market analysis.
Recorded sales of this address: $180,000 in 2006, $174,100 in 2015, $318,000 in 2018, $546,975 in 2021, then $562,000 in 2026 (county records). The 2026 sale was about 3% above the prior sale, roughly 0.6% a year over 4.3 years, not adjusted for renovations or other improvements.
The sale price was about 9% below its 2025 county appraisal of $617,200 on the Davidson County record.
Timeline: listed November 17, 2025, under contract January 25, 2026 after 69 days on market, closed January 29, 2026, per Realtracs. It closed 10.8% below its original list price of $630,000 after one price change.
Time to sell: 69 days on market, well over the 12-month median of 30 days for Nashville 37201 Airbnb sales (26 closings with a recorded listing period, per Realtracs).
Next step: ask Grant Hammond about Airbnbs for sale near 940 1st Ave N or what this sale means for a home you own nearby; he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 550+ Nashville short-term rental transactions. Sale per Realtracs via IDX; figures as of January 29, 2026.
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.
Beautiful river-front condo in downtown Nashville?this turnkey, non-owner-occupied short-term rental offers exceptional value to those guests wanting the full Nashville experience. With a private deck overlooking the Cumberland River, spacious bedrooms with oversized walk-in closets, generous bathrooms, and an open living area featuring a fireplace and oversized windows, it?s designed for both comfort and style. Residents enjoy premium amenities including a riverside pool, full fitness center, laundry facilities and covered guest parking. Situated just moments from Broadway, First Horizon Park, Nissan Stadium, Ascend Amphitheater, Bridgestone Arena and the best dining and entertainment downtown has to offer, this property blends prime location, lifestyle and return-potential in one exceptional offering.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 940 1st Ave N (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $589,000 | -$41,000 (-6.5%) | |
| Closed | $562,000 | -$68,000 (-10.8%) vs list | |
| Off market | |||
| Under contract | |||
| Listed | $630,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $546,975 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $318,000 | ||
| Deed recorded | $174,100 | ||
| Deed recorded | $180,000 | ||
| Quitclaim deed | $0 |
Listed November 17, 2025, this listing was on the market 69 days before it went under contract. The price has been reduced once, from $630,000 to $589,000 (-6.5%). The most recent change was first seen on our daily record January 29, 2026. It closed on January 29, 2026 for $562,000 (-$27,000 (-4.6%) against the last list price).
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 940 1st Ave N by year: $166,300 in 2006 to $617,200 in 2025, a change of +271%. 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 |
| 2021 | $62,000 | $357,500 | $0 | $419,500 | INF |
| 2017 | $43,000 | $219,900 | $0 | $262,900 | ROLL |
| 2013 | $25,000 | $88,400 | $0 | $113,400 | ROLL |
| 2009 | $30,000 | $138,900 | $0 | $168,900 | ROLL |
| 2006 | $25,000 | $141,300 | $0 | $166,300 | PR |
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.
940 1st Ave N sold for $562,000 on January 29, 2026, $27,000 (4.6%) below its last list price of $589,000. This Airbnb is no longer for sale; the figures below are the recorded sale, per Realtracs.
| Closing price | $562,000 |
|---|---|
| Closed | |
| Listed | |
| Under contract | |
| Days on market | 69 (listing to contract) |
| Original list price | $630,000 |
| Price changes while listed | 1 |
| Last list price | $589,000 |
| Sale to list price | 95.4% |
| Prior recorded sale | $546,975 () |
| Change since the prior sale | +3% (+0.6% a year, unadjusted) |
| Area median days on market (12 mo) | 30 days, Nashville 37201 (26 closings) |
| County appraised value | $617,200 |
| Sale vs. appraised value | -9% |
| Price per sq ft at closing | $564 |
Closing price and date per Realtracs via IDX. Not an estimate of current value.
| Metric | This Airbnb | Riverfront active | Recently sold |
|---|---|---|---|
| Sale price / sq ft | $564 | $601 median | $595 median |
| Price position | - | -6% vs median | ~95.8% of list |
| Riverfront vs Nashville 37201 area | - | -46% | - |
| Recent closings | - | - | 15 sales |
This sale beside the active Riverfront market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.
Its sale at $564/sq ft compares with a median of $601/sq ft across the 11 active Airbnbs in Riverfront as of October 28, 2026.
Riverfront trades about 46% below Nashville 37201 area on a price-per-square-foot basis.
Taken together, this Airbnb reads toward the lower end per square foot for Riverfront.
Computed by Grant Hammond from 11 Riverfront comparables (Realtracs via IDX), as of October 28, 2026.
| 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 27, 2026.
940 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; 15 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.
Approximately 0.8 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 940 1st Ave N. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable Airbnbs that closed near 940 1st Ave N in the past 12 months, by price and size. Closing prices per Realtracs.
Comparable listings near 940 1st Ave N, by price and size.
Listed by Alec Leaman, Brandon Hannah Properties. 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 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.
No. 940 1st Ave N, Nashville sold for $562,000 on January 29, 2026, per Realtracs. Ask Grant Hammond, Compass RE, about Airbnbs for sale nearby.
940 1st Ave N was listed on November 17, 2025 and went under contract on January 25, 2026, after 69 days on the market, per Realtracs.
Yes. It was first listed at $630,000. The price has been reduced once, most recently to $589,000 by January 29, 2026, a total change of -6.5%.
$562,000, closing on January 29, 2026, $27,000 (4.6%) below its last list price of $589,000; about $564 per square foot across 996 square feet.
Below. It sold for $562,000, $27,000 (4.6%) below its last list price of $589,000 and 10.8% below its original list price of $630,000, per Realtracs.
The prior recorded sale was $546,975 on October 27, 2021 (county records). Earlier recorded sales: $318,000 (April 20, 2018), $174,100 (April 29, 2015), $180,000 (August 29, 2006). The 2026 sale was about 3% above the prior sale, roughly 0.6% a year over 4.3 years, not adjusted for renovations or other improvements.
Per the listing, a 1986 Airbnb with a pool. 996 square feet, 2 bedrooms, 1.5 bathrooms (1 full, 1 half).
Nashville 37201 Airbnb sales over the past 12 months: a median sale price of $815,000, up 29.4% from the year before; $631/sq ft, down 7.6% (52 closings, per Realtracs).
Since the sale, Airbnbs in Nashville 37201 sold for a median $631/sq ft in the 12 months to October 28, 2026, down 4.8% from $663/sq ft in the 12 months to January 29, 2026, when this Airbnb closed (34 and 32 closings, per Realtracs). That is a measure of the area, not a value for this Airbnb.
The Davidson County Assessor appraised it at $617,200 in 2025, $419,500 in 2021, $262,900 in 2017 and $113,400 in 2013. Earlier years are in the assessment history on this page. Appraised value is the county's figure for taxation, not a market value.
It sold for $562,000, about 9% below its 2025 county appraisal of $617,200 on the Davidson County record.
2 bedrooms and 1.5 bathrooms (1 full, 1 half).
940 1st Ave N, Nashville was built in 1986.
940 1st Ave N, Nashville is in the Riverfront subdivision of Nashville.
69 days on market from listing to contract, well over the 12-month median of 30 days for Nashville 37201 Airbnb sales (26 closings with a recorded listing period, per Realtracs).
At about $564 per square foot, it sold about 5% below the $595 median of 15 recent comparable closings in Nashville 37201, per Realtracs. Computed by Grant Hammond.
Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in Riverfront as they come up.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 550+ Nashville short-term rental transactions. Use the question form on this page.
Own a home near 940 1st Ave N?
This Airbnb sold for $562,000 on January 29, 2026. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in Riverfront.
