Investor Alert - High-Yield NOOSTR Opportunity in Nashville
One of the most competitively priced non-owner-occupied short-term rental (NOOSTR) properties currently on the market. This fully furnished, income-producing 3-bed, 3-bath townhome offers the ideal mix of location, design, and investment upside.
With over 1,550 square feet of beautifully curated living space, off-street parking, and a location just 2 miles from Downtown Nashville, this turnkey property is built for STR success. Premium white oak hardwoods, designer finishes, and custom bunk beds elevate the guest experience--leading to higher nightly rates and strong occupancy. It's ready to generate revenue from day one as you take over current bookings.
The real differentiator? Bonus depreciation.
Unlike traditional long-term rentals with a 27.5-year depreciation schedule, qualifying STRs allow for accelerated depreciation--potentially offsetting a significant portion of your purchase price in year one. For buyers who materially participate, this could mean reduced taxable income, stronger cash flow, and higher ROI.
If you're looking for a high-performing asset in one of the country's most profitable Airbnb markets, this opportunity checks every box.
Contact for income reports, projections, and details. You do have the option to buy the entire duplex.
For sale
Price cut: $1K (6/18)
$499,000
2002 Herman St #D, Nashville, TN 37208
3beds
1,530sqft
Single Family Residence, Residential
Built in 2021
-- sqft lot
$485,600 Zestimate®
$326/sqft
$125/mo HOA
What's special
- 87 days
- 130
- 7
Zillow last checked:
Listing updated:
Listed by:
Jeff Orr 423-943-8891,
Real Broker 844-594-7325
Source: TVRMLS,MLS#: 9996231
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Built-In Gas Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Granite Counters, Kitchen Island, Kitchen/Dining Combo, Pantry, Walk-In Closet(s)
- Flooring: Ceramic Tile, Hardwood
- Doors: Sliding Doors
- Windows: Double Pane Windows, Window Treatments
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
Property
Parking
- Parking features: Detached, Shared Driveway, Other
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Back, Deck, Front Patio, Rear Porch
- Exterior features: Balcony
Lot
- Topography: Cleared
Details
- Parcel number: 092070s00500co
- Zoning: Rm20: Multi Family 20 Uni
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
- Attached to another structure: Yes
Materials
- Stone
- Foundation: Block
- Roof: Metal
Condition
- Above Average
- New construction: No
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fiber Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Not Listed
HOA
- Has HOA: Yes
- HOA fee: $125 monthly
Location
- Region: Nashville
Financial & listing details
- Price per square foot: $326/sqft
- Date on market: 6/2/2026
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
Estimated market value
$485,600
$461,000 - $510,000
$2,800/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $499,000-0.2%$326/sqft |
Source: TVRMLS #9996231 Report a problem | ||
| 6/8/2026 | Price change | $500,000-2.9%$327/sqft |
Source: TVRMLS #9996231 Report a problem | ||
| 6/2/2026 | Listed for sale | $515,000-1.7%$337/sqft |
Source: TVRMLS #9996231 Report a problem | ||
| 1/1/2026 | Listing removed | $524,000$342/sqft |
Source: TVRMLS #9984346 Report a problem | ||
| 10/30/2025 | Price change | $524,000-4.6%$342/sqft |
Source: TVRMLS #9984346 Report a problem | ||
| 8/11/2025 | Listed for sale | $549,000+10%$359/sqft |
Source: TVRMLS #9984346 Report a problem | ||
| 2/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/26/2024 | Price change | $2,400-5.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2024 | Price change | $2,550-12.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/8/2024 | Listed for rent | $2,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/17/2021 | Sold | $499,000$326/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2305541 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fisk - Meharry
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