Courtesy of Trelora Realty, Inc.
Property Description
Turn-Key Investment Opportunity in South Nashville! Welcome to 500 Paragon Mills Rd, Unit G3—a fully furnished, income-producing 2BR/1.5BA townhome with a proven track record of success as a mid-term rental. With a 1% vacancy rate in 2025 and bookings secured through January 2026, this property is ideal for investors looking for immediate cash flow. The spacious two-story layout features two large bedrooms, each with generous walk-in closets, and a comfortable living and dining area ideal for relaxing after long workdays or exploring the city. The layout provides both privacy and functionality, making it a perfect fit for extended-stay guests. The home has consistently attracted traveling healthcare professionals and families in need of 30+ day stays—fully compliant with Nashville’s minimum rental regulations. Community amenities include a pool and on-site laundry facilities, located just steps from the front door. Enjoy the convenience of two dedicated parking spaces right outside your unit. All furnishings and fixtures (purchased new in 2023) are included in the sale—just take over and keep earning. Showings unavailable while Airbnb guests are in place. Be sure to check out the video tour!
Property Details and Features
- Appliances & Equipment
- Description: “Oven”, “Range”, “Dishwasher”, “Microwave”, “Refrigerator”
- Basement
- Description: “Slab”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bedrooms
- Total Bathrooms: 2
- Main Level Bedrooms: 0
- Building
- Finished Area Above Grade: 1094
- Area: 1094
- Architecture: “Traditional”
- Building Area: 1094
- Construction Materials: “Brick”, “Aluminum Siding”
- Levels: “One”
- Stories: 2
- Year Built: 1969
- Year Built Details: EXIST
- Cooling
- Details: “Central Air”
- Exterior Features
- Patio Features: “Patio”
- Fence
- Description: “Privacy”
- Floors
- Flooring: “Vinyl”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Central”
- Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 338
- Listing
- Days on Market: 0
- Listing Price: 220000
- Status: Active
- Location
- Address: 500 Paragon Mills Rd
- Unit: G3
- City: Nashville
- State: TN
- Zip: 37211
- County: Davidson County, TN
- Subdivision: Canterbury Hall
- Directions: From Nashville Take 7th Ave N to 8th Ave S Take 4th Ave S and Nolensville Pk to Melrose Ave Take Grandview Ave to Nolensville Rd/Nolensville Pk Turn right onto Nolensville Rd/Nolensville Pk Turn left onto Paragon Mills Rd
- Lot
- Acres: 0.01
- Size: 0.01
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 0
- Parking Total: 0
- Roof
- Description: “Asphalt”
- Schools
- Elementary: Glencliff Elementary
- Middle/Junior High: Wright Middle
- High School: Glencliff High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”
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