Phillips Place Homes with Multi Family Structure Type

Phillips Place Homes with Multi Family Structure Type

Welcome to Phillips Place, an inviting subdivision nestled in the heart of Nashville, Tennessee. Located in Davidson County, this vibrant community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and anyone looking to experience the charm of Music City.

Phillips Place is known for its diverse range of homes, particularly those featuring multi-family structures. These residences are designed to accommodate various lifestyles, whether you’re seeking a cozy duplex, a spacious triplex, or a well-appointed four-plex. With multiple units available, this subdivision presents a fantastic investment opportunity for those looking to enter the rental market or for families seeking to live close to one another while maintaining their privacy.

The neighborhood is characterized by its tree-lined streets, friendly atmosphere, and a strong sense of community. Residents enjoy easy access to local parks, shopping centers, and dining options, providing ample opportunities for recreation and relaxation. The proximity to Nashville’s bustling downtown ensures that you’re never far from the city’s vibrant arts scene, live music venues, and cultural landmarks.

In Phillips Place, you’ll find homes that not only offer comfortable living spaces but also the potential for income generation. This community is perfect for those who appreciate the balance of home life and investment potential. Come discover the charm of Phillips Place, where your dream home awaits in the heart of Nashville!

Newest Phillips Place Homes with Multi Family Structure Type

$6,500,000
3302436 MLS ACTIVE Status 37203 Zip Code
$500,000 in Earnings |10-Unit Turnkey Long Term or Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer of the property LLC. This boutique 10-unit development generated $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand. The upside doesn't stop at cash flow. Thanks to bonus depreciation available on this asset class, a buyer may qualify for an estimated $1.4M–$1.6M in first-year tax savings, effectively offsetting the down payment (consult your tax advisor to confirm eligibility and benefit based on your specific position).

3203 Long Blvd, Nashville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.