2 months on rocket

426 E Iris Dr, Nashville, TN, 37204

$2,990,000

0 Baths
1,515 SqFt
$1,974/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAttached - Front
Attached Garage2 spaces
Year Built2023
HeatingCentral, Natural Gas
CoolingCentral Air
ViewCity
MLS #2743397
StatusActive

About 426 E Iris Dr

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
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Housing Market Comparison

See how this home compares to others in Nashville, TN.

Med. Sold Price

$531.2K

Med. Price/SqFt

$307

Avg. Days On Market

34

# of Sold Homes

461

426 E Iris Dr vs Nashville

79 DAYS ON ROCKET

+45 Days

$2,990,000

+$2.4M More

$1,974/SqFt

+$1.6K More

KEY TAKEAWAY

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

IDX 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.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

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: 12/21/2024, 12:18:50 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

Jul 17, 2018Home Sold
$490,000
Aug 25, 1999Home Sold
$115,000
Sep 03, 1991Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
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

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,031

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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.

Nearby Schools

school-card-donut-715888
4
/10
  • Fall-Hamilton Elementary School

  • 510 Wedgewood Ave

  • 1.36 miles

  • Public Magnet Grades PK-4

school-card-donut-715889
5
/10
  • John B. Whitsitt Elementary School

  • 110 Whitsett Rd

  • 1.43 miles

  • Public District Grades PK-4

school-card-donut-715890
5
/10
  • Waverly-Belmont Elementary School

  • 2301 10th Ave S

  • 1.61 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,930. Typical income of Nashville, TN residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

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.
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Rocket HomesTennesseeDavidson CountyNashville37204426 E Iris Dr

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 November 2024 saw over 62 listings sold above listed price, more than 119 sold at listed price and over 276 sold below. Between October 2024 and November 2024, Nashville, TN real estate market has seen increase in the number of listings by 2.3%. In November 2024 median list price was $531,293 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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