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$1,100,000
3577933 MLS ACTIVE Status 0.4 Acres 37207 Zip Code
Rare East Nashville Development Opportunity — Just Minutes from Downtown! Exceptional opportunity to acquire two contiguous, fully entitled parcels at 142 & 144 Elmhurst Avenue, totaling approximately 0.40 acres / 17,424 SF. Recently rezoned to RL2, this vacant development site offers substantial flexibility for attached residential development, including small multifamily, multiplex, courtyard flats, build-to-rent and townhome concepts. RL2 zoning provides no density cap, with development potential instead governed by building type, coverage, setbacks and parking. The district allows up to 60% building coverage and three stories, giving developers significant flexibility to design a project around current market demand. Nashville's Voluntary Attainable Housing Incentive (VAHI) may provide additional height, bonus units and parking relief for qualifying projects. The property is vacant and gravel-surfaced with no structures to demolish, and public water and sewer are available along Elmhurst Avenue. Approximately 19 feet of natural grade change from front to rear may lend itself particularly well to walkout configurations or tuck-under parking. Located approximately two miles from Downtown Nashville and the East Bank, and convenient to the rapidly developing Dickerson Pike corridor, this is a compelling opportunity for developers seeking entitled infill in a downtown-adjacent location. Survey and zoning documentation available. Buyer to independently verify zoning, development potential, utilities and all site conditions.

142 Elmhurst Ave, Nashville

$1,799,000
8 Beds 8 Baths 3191883 MLS ACTIVE Status 0.06 Acres 37207 Zip Code
A rare opportunity to own both 10A and 10B Fern Ave, two fully furnished, non-owner occupied short-term rental properties offered together in one turnkey package. Strategically positioned for maximum income potential, this dual-property offering allows owners to capture simultaneous bookings or cater to larger groups seeking to stay together while enjoying separate spaces in a highly desirable setup in Nashville’s thriving short term market. Designed with guest experience in mind, each home is packed with high-demand amenities that consistently attract strong occupancy. Together, the properties create a true entertainment compound: multiple game rooms featuring pool tables and table tennis, an arcade machine, and thoughtfully designed indoor-outdoor living spaces that elevate the stay. Guests can unwind across a variety of outdoor features, including a hot tub, plunge pool, fire pit, putting green, expansive decks, and covered porches with downtown skyline views, ideal for groups coming to celebrate, relax, and experience everything Nashville has to offer. Owning both properties not only increases revenue flexibility but also provides a competitive edge while accommodating everything from bachelorette parties to corporate retreats and multi-family travel. This is a rare chance to step into a high-performing, income-generating asset with scale, versatility, and strong appeal in one of the country’s most sought-after short-term rental markets.

10 Fern Ave Unit #A and B, Nashville

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