1320 5th Ave, N

Active

Nashville, TN 37208

4
Bedrooms
3
Bathrooms
1,970.00
Sq Ft
0.6900
Acres
Updated 2 minutes ago MLS #: 2922459 Listed 2 months ago

$1,275,000.00

Est. Monthly: $6,153.72
$647
Per Sq Ft

About This Property

Price Improvement! RARE Germantown NOO STR! 13 Units Available! Step into your very own Melrose Place-inspired oasis with this charming, fully-operational short-term rental development designed for style, community, and profit in the HEART of this lovely and highly-coveted neigborhood. Wrapped around a lush, resort-style central courtyard complete with string-lit gathering spaces, multiple shaded seating areas, cafe' tables, loungers and large market umbrellas offering comfort and curb appeal, guests will love the ability to linger, laugh and lounge day and night! Each townhome showcases: ~ A custom-designed shuffleboard game in the main living area- a playful, stylish centerpiece that adds instant guest appeal. ~ Designer-curated interiors with hand selected furniture, art and layered textures. ~ Massive open-concept living/dining/kitchen ideal for large groups gathering in one space. ~ Boutique hotel-style bedrooms including a built-in bunk room in each unit to maximize the all important "heads in beds" for increased revenue. ~ Private patios or balconies that extend the indoor vibe outdoors. ~ In-unit laundry, smart home features and everything else needed for a seamless stay. Located in a thriving and charming community, walkable to everything Germantown and just minutes from Broadway, this is a once-in-a-generation opportunity to own a piece of a cash-flowing, character-filled compound with serious curb appeal and unmistakable retro-chic charm. Whether you’re a seasoned investor or just looking to own your slice of nostalgic cool, this place checks every box. * Photos consist of multiple units available in the development.

Location

Subdivision The Magnolia
Directions From I-65 take Rosa Parks Exit 85 towards the State Capitol. Left of Taylor. Right on 5th. Development will be on the Left.

Interior Features

Heating Central
Cooling Central Air
Flooring Other,Tile
Appliances Electric Oven,Electric Range,Dishwasher,Disposal,Dryer,Freezer,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer
Basement None

Exterior & Property

Stories 2
Construction Materials Brick,Fiber Cement
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Jones Paideia Magnet
6-8
Middle School
John Early Paideia Magnet
9-12
High School
Pearl Cohn Magnet High School

Property Details

Property Type Residential
Property Sub Type Townhouse
Year Built 2020
Listing Office Alpha Residential
Listing Agent Alexis McNellie
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-08T08:20:39+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Nashville and the The Magnolia neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4717
Active Listings
$814,140.33
Avg Price
2,106
Avg Sq Ft
3.0
Avg Bedrooms

The Magnolia

Neighborhood statistics

Explore The Magnolia
4
Active Listings
$1,275,000.00
Avg Price
1,970
Avg Sq Ft
4.0
Avg Bedrooms

Price History

Recent price changes for this property

Aug 11, 2025
Price Decrease
$13,000.00 → $12,750.00
$250.00

Property History

Timeline of listing events and status changes

Sold

MLS# 2978819

Property sold and closed

1 week ago • Aug 28, 2025

18 days on market

$1,275,000.00

Sold

MLS# 2930293

Property sold and closed

1 week ago • Aug 28, 2025

62 days on market

$1,275,000.00

Originally: $1,300,000.00

Sold

MLS# 2915485

Property sold and closed

1 week ago • Aug 28, 2025

80 days on market

$1,275,000.00

Originally: $1,300,000.00

Currently Listed

MLS# 2922459

Currently active listing

2 months ago • Jun 24, 2025

76 days on market

$1,275,000.00

Originally: $1,300,000.00