404 Douglas Ave, Nashville, TN 37207
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404 Douglas Ave, Nashville, TN 37207
404 Douglas Ave, Nashville, TN 37207
404 Douglas Ave, Nashville, TN 37207
404 Douglas Ave, Nashville, TN 37207
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Listed by Pete Jones • Compass
$ 8,875,000
Est. payment /mo
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Active

404 Douglas Ave Nashville, TN 37207

16,050 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,050 sqft

Price per Sqft $552

Subdivision Wanderer East

MLS Listing ID 3623394

HOA Y/N No

Year Built 2020

Annual Tax Amount $4,660

Property Description

The three-story asset features an elevator-served layout and consists of 16 residential units and one retail space. The residential mix includes fifteen (15) two-bedroom, two-bathroom units averaging approximately 980 square feet, and one (1) three-bedroom, two-bathroom unit totaling approximately 1,300 square feet. The ground-floor retail space spans approximately 1,100 square feet and is fully leased.
The retail tenant operates under a NNN lease structure with a renewal option in place. The tenants have demonstrated strong performance and expressed intent to renew, providing stable in-place income and reduced leasing risk.

The offering is presented as a fully furnished, turnkey investment, inclusive of all residential units and the stabilized retail component. All financial figures provided reflect current, in-place operations and are not based on pro forma assumptions. The Wanderer has demonstrated improving recent performance, with increasing occupancy and improved income trends in 2027.

Location

State TN

County Davidson County

Zoning SP

Interior

Heating Central

Cooling Central Air

Flooring Wood, Tile

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Kipp Academy Nashville

Middle Schools Stratford Stem Magnet School Lower Campus

High Schools Stratford Stem Magnet School Upper Campus

Others

Senior Community false

Special Listing Condition Owner Agent


RealTracs IDX

Nearby Locations

Our Story


From Humble Beginnings to a Nationwide Movement


At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

 

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

 

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

 
Our Mission: Making Real Estate Simple


We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

 
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Jason Lee

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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