3203 Long Blvd

Active

Nashville, TN 37203

Bedrooms
0
Bathrooms
14,568.00
Sq Ft
Acres
Updated 1 minute ago MLS #: 3302436 Listed 4 weeks ago

$6,500,000.00

Est. Monthly: $31,371.92
$446
Per Sq Ft
Spacious — 14,568 sq ft Room to spread out
20-Car Garage Generous parking
Built 2007 Year of construction

About This Property

$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).

Location

Subdivision Phillips Place
Directions West End from downtown. Right on Acklen Park Dr. Right on Long Blvd. Phillips Place on right.

Interior Features

Heating Central
Cooling Central Air
Flooring Laminate

Exterior & Property

20 Car Garage
Stories 3
Construction Materials Brick
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Eakin Elementary
6-8
Middle School
West End Middle School
9-12
High School
Hillsboro Comp High School

Property Details

Property Type Residential Income
Year Built 2007
Annual Taxes $65,440.00
Listing Office simpliHOM
Listing Agent Steve Frye
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-08-21T06:30:53+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 Phillips Place neighborhood

Nashville Market

City-wide statistics

Explore Nashville
4836
Active Listings
$923,645.58
Avg Price
2,128
Avg Sq Ft
3.0
Avg Bedrooms

Phillips Place

Neighborhood statistics

Explore Phillips Place
1
Active Listings
$6,500,000.00
Avg Price
14,568
Avg Sq Ft
0.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Sold

MLS# 3298107

Property sold and closed

1 day ago • Aug 20, 2026

32 days on market

$6,500,000.00

Currently Listed

MLS# 3302436

Currently active listing

4 weeks ago • Jul 22, 2026

30 days on market

$6,500,000.00

Sold

MLS# 1974792

Property sold and closed

7 years ago • Dec 12, 2018

11 days on market

$3,750,000.00

Sold: $3,750,000.00

Originally: $386,900.00

Sold

MLS# 1875639

Property sold and closed

8 years ago • Dec 4, 2017

38 days on market

$1,800.00

Sold

MLS# 1836837

Property sold and closed

8 years ago • Nov 8, 2017

131 days on market

$1,800.00

Sold

MLS# 1757119

Property sold and closed

9 years ago • Dec 9, 2016

96 days on market

$1,850.00

Sold

MLS# 1655692

Property sold and closed

11 years ago • Aug 12, 2015

14 days on market

$2,025.00

Sold

MLS# 1524888

Property sold and closed

12 years ago • Mar 27, 2014

7 days on market

$1,895.00

Sold

MLS# 1452646

Property sold and closed

13 years ago • May 31, 2013

8 days on market

$1,895.00