116 S 11th St, Nashville TN 37206
Attention Investors: Gross income of $600k+ with future bookings closing in on $700k for 2027! 8-11+% Cap / CoC return! Main House: 2927 sqft + 2 Bedroom Pool House: 1184 sqft = 4,111 sqft total ($1313/sqft). A one-of-a-kind, commercially zoned property in the heart of Nashville's famous "5 Points" neighborhood w/ a walk score of 93. A completely redesigned and reimagined short term rental private"compound" that is far beyond the traditional Nashville inventory of townhouse and condo opportunities flooding the MLS with either no proven income or negative cash flow for the next buyer. This
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Nashville
This property is offered at $1,845 per square foot, compared with a $308 median for active 4-bedroom homes in Nashville. Its asking price falls near the 92nd percentile of that active group. The comparison uses 1,292 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 3 days, while the current cohort averages 55 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $588,000, and the median is $362 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 943 Russell St | Sep 11, 2026 | 1 bd · 1,028 sqft | $350,000 | 0.1 mi |
| 1111 Fatherland St | May 28, 2026 | 3 bd · 1,808 sqft | $630,000 | 0.2 mi |
| 936 Russell St | Jun 8, 2026 | 2 bd · 1,462 sqft | $546,000 | 0.2 mi |
| 928 Russell St | Aug 3, 2026 | 4 bd · 3,174 sqft | $1,150,000 | 0.2 mi |
| 926 Woodland St | Sep 9, 2026 | 2 bd · 1,011 sqft | $340,000 | 0.2 mi |
| 926 Woodland St | Aug 18, 2026 | 2 bd · 1,037 sqft | $375,000 | 0.2 mi |
| 1211 Lillian St | Jun 29, 2026 | 3 bd · 1,892 sqft | $790,000 | 0.3 mi |
| 322 S 11th St | Jul 1, 2026 | 3 bd · 1,720 sqft | $825,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $5,400,000 · Active
- $5,400,000 · Active
- $5,400,000 · Active
- $5,400,000 · Active
- $5,400,000 · Active
- $5,400,000 · Active
- $5,400,000 · Active
Location reference points
How this address sits within the Nashville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester60.0 miles straight-line · roughly 107 driving minutes
- Downtown Manchester60.7 miles straight-line · roughly 108 driving minutes
- Downtown Tullahoma63.9 miles straight-line · roughly 114 driving minutes
- Arnold Air Force Base65.7 miles straight-line · roughly 117 driving minutes
Continue comparing
Similar active homes in Nashville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Nashville homes for sale · See the Nashville market report