4-Bedroom STR Investment Opportunity in Nashville: 2139 24th Ave N

Are you looking for one of the strongest four-bedroom STR opportunities in Nashville?

2139 24th Ave N is a short-term rental eligible property in Nashville, Tennessee, with a compelling combination of price point, income potential, existing furnishings, garage amenity upside, and an LLC transfer structure that may allow a buyer to operate the STR on day one.

This property is especially interesting for investors who want to get into a Nashville STR at a better price point than many commercially zoned options while still having strong projected revenue potential.

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Property Highlights

2139 24th Ave N offers several features that make it attractive for a Nashville short-term rental investor.

Highlights include:

4 bedrooms
Nashville, Tennessee location
RM20 zoning
Non-owner occupied STR structure
LLC transfer opportunity
Furnishings included with purchase
Two-car garage
Garage amenity conversion potential
Potential day-one STR operation
Conservative underwriting shown in the video
Estimated $85,000 gross revenue underwriting
Estimated $8,000 cash flow scenario based on underwriting assumptions
Potential cost segregation and bonus depreciation benefits to review with your CPA

This is the type of property that may appeal to an investor who is willing to buy slightly ahead of the curve in an area with future appreciation potential.

Why This Nashville STR Deal Stands Out

Many Nashville STR investors focus only on properties that are closest to the most obvious tourist corridors. Those properties can perform well, but they often come with a much higher entry price.

2139 24th Ave N presents a different kind of opportunity.

Because this property is located a little farther out than some of the most expensive STR pockets, the purchase price may be more approachable. At the same time, the difference in potential gross revenue may not be as large as many buyers expect.

That creates an interesting spread for investors who are focused on cash flow, appreciation potential, and long-term upside.

In simple terms: you may be able to buy at a better price point while still competing for strong Nashville short-term rental revenue.

Furnishings Included With the Sale

One major benefit of this property is that the furnishings are already in place and included with the purchase.

For an STR investor, that matters.

Furnishings can save time, reduce startup friction, and help a buyer get operational more quickly. Depending on your tax strategy and CPA guidance, furnishings and improvements may also play a role in a cost segregation study or bonus depreciation planning.

Always consult your CPA before making tax decisions, but for the right investor, the existing setup can be a meaningful advantage.

The Garage Is a Major Value-Add Opportunity

One of the strongest features of 2139 24th Ave N is the two-car garage.

For a traditional homebuyer, a garage is convenient. For a Nashville STR investor, it can become an amenity engine.

This garage could potentially be used as:

A private gym
Wellness room
Dry sauna area
Cold plunge setup
Yoga or stretching space
Game room
Pool table or ping pong area
Movie room
Social media/selfie wall
Content-friendly photo space
Owner storage area
Private vehicle storage for an investor

Amenities matter in the Nashville short-term rental market. Guests are not just booking a place to sleep. They are booking an experience.

A well-designed garage amenity space could help this property stand out from competing Airbnb listings, improve photos, create a more memorable stay, and potentially support stronger occupancy and nightly rates.

What Is an LLC Transfer STR?

This property is structured as an LLC transfer opportunity.

Here is the simple version:

Some Nashville STR properties were permitted under previous rules that allowed non-owner occupied short-term rental use in certain zoning categories. Over time, Nashville changed some of its STR rules. In certain situations, if the property is owned by an LLC, the buyer may be able to acquire the LLC that owns the property instead of purchasing the property in a traditional personal-name transaction.

That means the LLC remains the owner of the property, but the membership interests in the LLC are transferred to the buyer.

For the right property and the right transaction structure, this may allow the STR permit, business structure, future bookings, assets, and operations to transfer with the LLC.

This is different from buying a property and applying for a brand-new permit after closing.

Is an LLC Transfer Risky?

It is completely normal for investors to have questions about LLC transfers.

Common questions include:

Will the STR permit stay in place?
Is this allowed by Nashville?
What legal documents are required?
What happens to future bookings?
What happens to the existing furnishings and assets?
What should my attorney review?
How does financing work?
Is this different from a traditional purchase agreement?

The answer is that these transactions need to be handled correctly.

The Grow Team works with Nashville STR buyers and sellers regularly and can help connect investors with the right attorneys, lenders, insurance professionals, property managers, and CPAs who understand this structure.

LLC transfers can sound intimidating at first, but with the right professional team, the process is much more manageable.

Why RM20 Zoning Matters

2139 24th Ave N is described in the video as being RM20 zoned, which is important because this type of non-owner occupied STR opportunity may require an LLC purchase structure.

This is not the same as buying a commercially zoned STR property.

Commercially zoned STR properties can be excellent investments, but they often come with higher purchase prices. An LLC transfer property in a residential zoning category may provide a different kind of opportunity: a potentially lower entry price with strong STR revenue potential.

That price difference is one of the main reasons investors look closely at these types of deals.

Day-One STR Operation Potential

Another major advantage of this structure is the potential to operate quickly.

Depending on the final agreement and transfer details, a buyer may be able to acquire:

The LLC
The STR permit structure
Furnishings
Existing assets
Future bookings
Management account history or operating history, depending on negotiation
Vendor relationships, depending on negotiation

That can be a major benefit compared to buying a property, furnishing it from scratch, applying for a new permit, building a new listing, and starting with zero booking momentum.

Underwriting Summary

The video walks through a conservative underwriting scenario for 2139 24th Ave N.

The underwriting assumptions discussed include:

Purchase price: approximately $630,000
Financing assumption: 20% down
Loan type assumption: DSCR loan
Interest rate assumption: 6.75%
Estimated gross revenue: approximately $85,000
Estimated cash flow: approximately $8,000
Cap rate estimate: approximately 8.4%
Property management estimate: 18%
Airbnb platform fee estimate: 3%
Annual Nashville STR permit cost estimate: $320
Internet estimate: $80/month
Utility estimate: approximately $410/month, underwritten conservatively
Mortgage and tax hold estimate: approximately $3,700/month

These numbers are for discussion and underwriting purposes only. Actual performance will depend on purchase terms, financing, management, amenities, occupancy, nightly rates, expenses, and market conditions.

STR Amenity Strategy

For a four-bedroom Nashville STR, amenities can help separate your property from the competition.

With the garage space at 2139 24th Ave N, an investor could potentially create a unique guest experience without needing a major structural overhaul.

Potential amenity ideas include:

Private gym
Cold plunge
Dry sauna
Full-length mirrors
Yoga mats
Wellness retreat setup
Game lounge
Movie room
Photo wall
Group entertainment space

The key is to design the property around the guest experience.

A four-bedroom STR needs to appeal to groups. Groups often care about hangout space, entertainment, wellness, photos, convenience, and memorable amenities.

Tax Strategy Considerations

The video also discusses the possibility of using furnishings, improvements, cost segregation, bonus depreciation, and material participation strategies as part of the broader investment plan.

These can be powerful tools for certain STR investors, but they are highly specific to the individual buyer.

Before relying on any tax strategy, speak with a CPA who understands short-term rental investments, cost segregation, bonus depreciation, and material participation rules.

The Grow Team can help connect you with professionals who regularly work with Nashville STR investors.

Who This Property Could Be a Fit For

2139 24th Ave N may be a strong fit for:

Nashville STR investors
Airbnb investors looking for a four-bedroom property
Buyers looking for a lower entry price than many commercial STR options
Investors comfortable with LLC transfer structures
Buyers looking for day-one operation potential
Investors interested in cost segregation strategy
Buyers who want to create a unique amenity-driven STR
Investors looking for appreciation potential in a developing area
Buyers who want guidance from a Nashville STR-focused team

Download the 4-Bedroom Nashville STR Buyer Checklist

Before buying an STR-eligible property in Nashville, it is important to understand the permit structure, zoning, LLC transfer process, financing, revenue assumptions, operating expenses, amenity strategy, and tax planning opportunities.

Download our 4-Bedroom Nashville STR Buyer Checklist to review the key items investors should understand before moving forward.

[ADD PDF DOWNLOAD LINK HERE]

Interested in 2139 24th Ave N?

If you have questions about this property, the underwriting, RM20 zoning, non-owner occupied STR rules, or how an LLC transfer works, reach out to The Grow Team Nashville.

We work with STR buyers and sellers throughout Nashville and Middle Tennessee and can help you evaluate the numbers, understand the process, and connect with the right professional team.