Invest in Nashville with the upscale Iris portfolio, a set of four modern short-term rental units offered at $2,990,000. Boasting a prime location in the burgeoning Berry Hill neighborhood, each unit features 4 bedrooms, 3 baths, 2 car garage and is 1,812 SF of luxury living space. With brand-new construction, private outdoor areas, and breathtaking downtown skyline views from the roof deck, this turnkey investment opportunity provides the opportunity for immediate revenue and long-term growth. The properties offer a low vacancy rate, perfect for maximizing income, and are sold fully furnished to attract guests seeking top-notch accommodations. Situated within walking distance to vibrant eateries, bars, and retail spots, these units cater to guests looking to experience Nashville's best. Don't miss out on owning this premium rental portfolio in a highly sought-after area! Photos are of Unit 101. Photos of Units 102, 103, and 104 are available upon request.
Property Details
Property Features
Property Information:
Year Built: 2023
Living Area: 1,515 SqFt
Listing Office:
Office Name: Compass RE
Office Phone: (615) 487-2100
Listing Agent: Jamie Brandenburg
Interior Features
Interior Information:
Flooring Type: Carpet, Finished Wood, Tile
Exterior Features
Exterior Information:
Private Pool: No
View: City
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached - Front
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: Take exit 79 from I-65 N, Take Powell Ave and Thompson Ln to E Iris Dr in Berry Hill
Price Information
Listing Price Info
Price Summary:
List Price: $2,990,000
Price Per SqFt: $1,974/SqFt
Tax Information:
Annual Amount: $3,050
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Nashville, TN.
This property is $2.4M more than the Median Sold Price and $1.6K/SqFt more than other homes in Nashville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2743397
Listing Office:
Office Name: Compass RE
Office Phone: (615) 487-2100
Listing Agent: Jamie Brandenburg
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/20/2024, 11:48:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 17, 2018
Jul 17, 2018Home Sold
$490,000
Aug 25, 1999
Aug 25, 1999Home Sold
$115,000
Sep 03, 1991
Sep 03, 1991Home Sold
$75,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,050
$80,520
2019
$2,218
$80,520
2018
$3,371
$122,360
2017
$3,370
$122,360
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.9K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,031
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Fall-Hamilton Elementary School
510 Wedgewood Ave
Distance between this listing and this school1.36 miles
Public Magnet Grades PK-4
5
/10
John B. Whitsitt Elementary School
110 Whitsett Rd
Distance between this listing and this school1.43 miles
Public District Grades PK-4
5
/10
Waverly-Belmont Elementary School
2301 10th Ave S
Distance between this listing and this school1.61 miles
Public District Grades PK-4
Nearby Schools
3
/10
Wright Middle School
180 McCall St
Distance between this listing and this school1.84 miles
Public District Grades 5-8
5
/10
STEM Preparatory Academy
1162 Foster Ave
Distance between this listing and this school1.95 miles
Public Charter Grades 5-8
6
/10
Rose Park Middle School
1025 9th Ave S
Distance between this listing and this school2.25 miles
Public Magnet Grades 5-8
Nearby Schools
4
/10
STEM Preparatory High School
1252 Foster Ave
Distance between this listing and this school1.67 miles
Public Charter Grades 9-12
6
/10
Nashville School of the Arts
1250 Foster Ave
Distance between this listing and this school1.75 miles
Public Magnet Grades 9-12
1
/10
Glencliff High School
160 Antioch Pike
Distance between this listing and this school2.14 miles
The neighbors living near this home have an average income of $37,930. The most common annual income of people living in Nashville, TN is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 426 E Iris Dr
What is the listing price of this property?
The listing price of 426 E Iris Dr property is $2,990,000.
What type of property is this?
The property 426 E Iris Dr is a house located in Nashville, Tennessee, 37204.
Is this property for sale now?
Active Listing: 426 E Iris Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,050 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 17, 2018 for $490,000. (source: MLS/tax record).
What is the square footage of this property?
The property 426 E Iris Dr is 1,515 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 426 E Iris Dr is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 426 E Iris Dr in Nashville, TN and zip code 37204 in the South Nashville neighborhood. This 1,515 square foot home was built in 2023. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $2,990,000.
Nashville, TN housing market in October 2024 saw over 74 listings sold above listed price, more than 141 sold at listed price and over 312 sold below. Between September 2024 and October 2024, Nashville, TN real estate market has seen increase in the number of listings by 6.8%. Listings spent 30 days on the market in October 2024, and had a median list price of $529,813 during the same period.
From Rocket Homes Real Estate and based on county public records data.