Downtown Real Estate Search

Downtown Multi-Family Properties for Sale

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Newest Downtown Multi-Family Homes for Sale

$850,000
3306402 MLS COMING SOON / HOLD Status 37211 Zip Code
Here's a polished, luxury-focused listing description that incorporates all of the features while appealing to both owner-occupants and investors: Exceptional investment opportunity or luxury owner-occupied residence just 10 minutes from Downtown Nashville, BNA Airport, and Nashville's premier hospitals. This beautifully renovated property offers incredible flexibility with 5 bedrooms and 3 bathrooms, currently configured as a 2-bedroom, 1-bath residence, a Studio Apartment, and a 2-bedroom, 1-bath residence, with the potential to be rezoned as a triplex (buyer to verify) to maximize rental income and return on investment. Thoughtfully updated with high-end finishes throughout, the home features a gourmet kitchen with premium appliances, granite countertops, and an elegant center island. Two newly renovated, spa-inspired bathrooms and beautiful hardwood flooring throughout create a refined, move-in-ready living experience. A dedicated office/music room with a fireplace provides the perfect space for working remotely or pursuing creative passions. Designed for modern living and entertaining, the home includes wall-mounted TVs with Apple TV in every room, a whole-home Sonos audio system controlled from your iPhone, and speakers extending to the covered screened porch and backyard. An electric security gate further enhance comfort and convenience. Outdoor living is equally impressive, featuring a private covered screened porch with TV, a large, shared fenced backyard complete with a fire pit and decorative bridge, creating the perfect setting for relaxing or entertaining year-round. Additional amenities include assigned covered parking spaces, in-unit washer and dryer, and an approximately 750-square-foot unfinished basement, offering exceptional storage or future expansion potential.Recent improvements include a newer roof, windows, HVAC system, screened porch, and extensive interior renovations, providing lasting value and peace of mind.

30 E Thompson Ln, Nashville

$6,500,000
3302436 MLS ACTIVE Status 37203 Zip Code
$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, Nashville

$495,000
3246536 MLS ACTIVE Status 37217 Zip Code
Duplex on One Acre Near BNA. Situated on a one-acre lot just moments from the Nashville International Airport, this unique duplex offers a blend of residential flexibility and high-impact commercial potential. Whether you are looking for a strategic investment or a creative live-work solution, this property is a blank canvas in a prime location. The property has been well maintained. Roof & gutters 2023. The property is currently zoned CS (Commercial Services), opening the door to an array of versatile uses. Imagine transforming this space into a boutique retail shop, a financial services hub, a hair salon, or even utilizing the acreage for light manufacturing, small warehouse needs, or self-storage. With a Land Use Policy of District Industrial and Conservation, there is also potential for site-specific zoning to accommodate s a small professional or construction office suites—a sector currently seeing a supply shortage across the city. The strategic location is a major draw for businesses requiring quick airport access. On the street some neighboring properties have successfully converted into high-demand uses like airport parking. For the savvy investor, the potential for Non-Owner Occupied Short-Term Rentals (NOO STRs) adds another potential, though all specific uses should be verified with local zoning authorities. For the owner-occupant entrepreneur: live in one side of the duplex while running your business out of the other, all while sitting on an acre of land that provides plenty of room to grow. The property currently has residential tenants, providing immediate utility while you finalize your long-term vision. Don’t miss the chance to secure a foothold in one of Nashville’s most accessible corridors. Explore the possibilities and bring your business dreams to life. Please do not disturb tenants. Thank you.

425 Ezell Pike, Nashville

$2,150,000
3234112 MLS ACTIVE Status 37218 Zip Code
Live in one and generate income from the other. STR pro forma attached. This custom riverfront offering includes two residences with unobstructed, panoramic views of the downtown Nashville skyline and Cumberland River - views that stretch for miles and shift beautifully with every sunset. Expansive walls of glass flood the interiors with natural light and create a seamless connection between the river, the city, and the living spaces. Both homes feature elevators, designer finishes throughout, and multiple private balconies positioned to capture skyline and river views. The kitchens anchor the main living spaces with top-of-the-line appliances, large islands, walk-in pantries, custom cabinetry, and statement lighting. Open-concept layouts offer effortless indoor-outdoor flow, ideal for everyday living and entertaining. Primary suites serve as private retreats with spa-inspired baths, oversized showers, double vanities, walk-in closets, and private balconies. Secondary bedrooms include en-suite baths, with flexible additional rooms suitable for home offices, guest suites, or in-law accommodations. Upper levels are designed for entertaining, featuring wet bars, media or bonus spaces, and oversized balconies with breathtaking views. Additional highlights include gated driveways, private fenced yards, and whole-home audio wiring. Located just minutes from Germantown, Downtown, The Nations, East Nashville, Oracle, and the upcoming Nashville Riverside development. Views. Space. Flexibility. Location.

2118 Cliff Dr, Nashville

$5,499,900
3230275 MLS ACTIVE Status 37203 Zip Code
One of a kind, over 9000 SF, three-unit High Rise Living (THINK LUXURY CONDO LIFESTYLE) in Nashville overlooking Downtown and Midtown just a couple blocks from The Gulch - the ultimate lock and leave opportunity. Unique, four-story, private luxury residences with incredible 270+ degree views of midtown and downtown Nashville from both units. There is nothing like it. 9 total bedrooms, 9 total bathrooms. THE A UNIT is 4511 SF and features a Full-Floor 1215 SF Primary Suite + Office - an ENTIRE FLOOR for the Primary Suite. 4th Floor Living-Kitchen-Dining with sweeping downtown and midtown views and soaring 14' ceilings. Wolf 48" Gas Range with Double Oven. Sub Zero 48" Cabinet Panel Refrigerator. Cabinets from Nashville Modern Cabinetry. See photo descriptions for more information! Commercial Style Elevator with motorized doors to All Four Floors. Floating Monotube Stairs and LED lighting in the Entry, Elevated Decks on Every Level, & 3 Car Garage with storage room. Additional 2nd office or 5th bedroom on the entry level. High-rise condo location with elevated living but includes the space you need for guests and work-at-home with zero maintenance and private parking. THE B UNIT is identical with the same upper 3 floors but has a 2 car garage and without the 5th bedroom. THE C UNIT features a Private, Single Car Garage. Nicely Appointed, with a Full Kitchen, Full Bath, and Laundry. The C unit could make a fantastic additional flex option for a separate in-law suite, nanny, au pair and more. **Seller financing available at 5% interest, inquire for more details**. ASK ABOUT INTEREST RATE BUY DOWN. This could be an amazing rental property for Belmont and Vanderbilt students.

1017 S 12th Ave, Nashville

$2,535,000
3226347 MLS ACTIVE Status 37210 Zip Code
SVN | Accel Commercial Real Estate is pleased to present Chestnut Flats — a 39-unit, high-upside value-add multifamily opportunity located at 1216–1220 Lewis Street in Nashville, Tennessee. Positioned in the rapidly transforming Chestnut Hill submarket within the 37210 zip code, the property offers investors a rare opportunity to acquire a partially offline asset with significant operational and physical upside just minutes from Downtown Nashville. Originally constructed in 1959 and 1969, Chestnut Flats consists of two buildings situated on 0.66 acres, providing a manageable scale for repositioning in one of the city’s most active infill corridors. With 19 of 39 units currently offline, the property presents a true “basis play” with immediate value creation through renovation and lease-up. This level of vacancy allows a new owner to execute a phased or full-scale repositioning strategy without significant disruption to in-place tenants — a scenario rarely available in today’s supply-constrained Nashville market. All units are subject to MDHA affordability restrictions (50% and 120% AMI) through July 2029, offering a clear runway for stabilized workforce housing cash flow in the near term, with the potential for long-term strategic repositioning upon expiration. Investors can capitalize on strong rental demand in the urban core while implementing interior and exterior upgrades to drive rents within the allowable thresholds. Chestnut Flats is ideally suited for experienced value-add and distressed asset investors seeking: - A discount-to-replacement-cost acquisition - Renovation with meaningful upside - Lease-up opportunity in a high-demand submarket - Proximity to Downtown, WeHo, and major employment hubs Surrounded by ongoing redevelopment, adaptive reuse projects, and continued population growth, the property benefits from its location within one of Nashville’s most rapidly appreciating urban corridors.

1216 Lewis St, Nashville

$575,000
3211798 MLS ACTIVE Status 37206 Zip Code
Charming duplex in a 1920 stone cottage in Historic East Nashville! Thoughtfully renovated while preserving its original character, this home blends vintage charm with modern comfort. Imagine stepping outside your front door and walking to some of East Nashville’s favorite spots. Start the day with coffee at Café Roze, browse records at Vinyl Tap, meet friends for dinner at Schulman’s, or walk right across the street for Korean BBQ at Babo before catching a show at Riverside Revival. Inside, original hardwood floors, tall ceilings, and beautiful natural light create an open, welcoming feel throughout. Renovated kitchens and bathrooms, highlighted by elegant marble tile floors, add a fresh touch while complementing the home’s historic character. One side features a private terrace accessed through exterior French patio doors, perfect for slow mornings with coffee or winding down in the evening. The other side enjoys a lovely front lawn that gives the home a classic neighborhood feel. Configured as a duplex, the property offers flexibility for a variety of buyers. Live in one unit and rent the other, host guests with their own space, or add a character-filled East Nashville property to your investment portfolio. Please note: This property is two separate units with separate meters being sold as a duplex within an HOA and part of an HPR-divided lot. Property is currently being taxed at an investment/commercial rate due to current ownership structure and use. Tax assessment may be reassessed upon transfer of ownership and could potentially decrease for an owner-occupant or non-investment purchaser. Units are currently leased at $1,800/mo and $1,850/mo, and the HOA fee covers the water bill.

1525 Riverside Dr, Nashville

$815,000
3189565 MLS ACTIVE Status 37211 Zip Code
Multi Family or Investor Catch. This Large splendid, lightly updated 8 bed 6 bath 7 car garage home with an attached apartment, and lower studio apartment is an ideal space if you have a large family needing separate space or looking to rent as separate units for cash flow. Home is located in the lovely Whispering Hills subdivision just minutes to Brentwood and 3 minutes to I65. Great property for large families looking for separate space. The home was intended for an RAL, so previous architectural plans for garage conversions into living space available. Approved RAL zoning and permit for up to 16 beds. Home has potential for 9 living spaces and potential rental income of 10k+ a month. Two main homes are attached by private closed hallway. Home comes mostly turnkey and furnished as in pictures with 2 new sets of washer and dryers and new water heaters. Main Bottom level has partly finished studio to be converted, Second addition has the beginnings of another studio featuring a wheel chair elevator going up to top addition. Land has amazing flowers and herb garden, two large, paved driveways with large parking area in back. Peaceful mature neighborhood. This property has all the potential you can think of. Could also make a great Veteran Care Housing property. Property is currently being rented as mid-term rental, please do not disturb tenants. Come see this amazing and unique property and make it your dream come to life.

5007 Millerwood Dr, Nashville

$775,000
3167483 MLS ACTIVE Status 37203 Zip Code
Exceptional investment and redevelopment opportunity in one of Nashville’s most sought-after urban corridors, ideally positioned between The Gulch and Music Row—two of the city’s most dynamic and fast-appreciating districts known for luxury living, premier dining, entertainment, and long-term growth. This income-producing duplex sits on two separate parcels with two tax IDs and currently features two well-maintained 2BR/1BA units with long-term month-to-month tenants paying $1,600/month per side, creating immediate cash flow while future plans take shape. The property is currently zoned R6-A, but recent Metro zoning updates have created a significant new opportunity for increased density and future redevelopment potential in this location. Preliminary research indicates the site may be a strong candidate for rezoning that could allow substantially greater development intensity, including attached townhomes or even multifamily product, making this an increasingly rare opportunity for builders, investors, and developers looking to secure property ahead of future entitlement progress. As the rezoning process advances and additional value is unlocked, the seller intends to increase the asking price accordingly. Buyers looking to capitalize on the current pricing and future upside are encouraged to act sooner rather than later. Read letter from attorney in media section. Surrounded by high-end redevelopment with nearby new construction routinely selling from $2M–$4M+, this property offers an exceptional combination of location, flexibility, income, and long-term potential in the heart of Nashville. Must have 24-hour notice to show. Call listing broker with questions.

1400 Hawkins St, Nashville

$9,500,000
3165403 MLS ACTIVE Status 37203 Zip Code
Discover a successful, turnkey Non-Owner Occupied (NOO) Short-Term Rental (STR) portfolio composed of eight impeccably designed luxury row homes, positioned less than a mile from The Gulch and Music Row—two of Nashville’s most vibrant and sought-after districts. This portfolio showcases a highly desirable mix of four 3-bedroom residences and four newly enhanced 4-bedroom layouts. Each home is crafted with a focus on modern architecture, clean lines, and elevated livability, offering 3.5 spa-inspired bathrooms, two-car tandem garages, and expansive rooftop terraces that frame dramatic skyline views. Thoughtfully curated, design-forward furnishings complement each space, creating a cohesive luxury aesthetic that enhances guest experience and commands premium nightly rates. This 28-bedroom, 28-bathroom luxury portfolio is thoughtfully configured across eight total units. Four of the units feature 4 bedrooms and 3.5 bathrooms, while the remaining four units offer 3 bedrooms and 3.5 bathrooms. The strategic upgrade and reconfiguration of four units into 4-bedroom accommodations further bolster group-travel appeal, driving stronger occupancy and increased revenue performance. As of March 25, 2026, the portfolio boasts $630,961 in on-the-books revenue for the 2026 calendar year—surpassing the entire revenue achieved in 2025. With the current pace of bookings and robust forward-looking reservations, the portfolio is projected to conclude 2026 at approximately $1.0M+ in total revenue. This exceptional offering presents a rare opportunity to acquire a scaled, top-performing STR portfolio featuring strong in-place bookings, clear forward revenue visibility, and an elevated unit mix meticulously designed and curated to maximize luxury appeal, guest satisfaction, and long-term income growth.

1005 S 12th Ave, Nashville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.