Riverfront Condos Nashville | 1st Ave N, Short-Term OK

Riverfront Condos on 1st Avenue North

Riverfront Condos is the 1986 complex on 1st Avenue North along the Cumberland River in ZIP 37201, at the north end of downtown. 23 units sold in three years, 7 in the last twelve months at a $405,000 median.

For private showings and market insights on Riverfront condos

Patrick Higgins | 615-682-1718

A note for Riverfront Condos condo owners

Nashville Home Guru is a real estate team at Compass. We are not the homeowners association or management company for Riverfront Condos, so we are not able to help with dues, assessments, maintenance requests, parking or rules questions. Your association statement lists the right contact.

Lenders, title companies and closing attorneys: condo questionnaires, HOA certifications, resale certificates and payoff letters come from each association’s management company, not from us.

Riverfront Allows Non-Owner-Occupied Short-Term Rentals

Nearly every Riverfront listing describes the building as eligible for a non-owner-occupied short-term rental permit, zoned DTC. That is the reason most buyers look here. The permit belongs to the owner, not the unit, so confirm the current Metro rules and the association’s policy before you buy.

What Riverfront Units Sell For

Metric Last 12 months Last 3 years
Closed sales 7 23
Median sale price $405,000 $435,000
Average sale price $465,143 $493,196
Price range $345,000 to $600,000 $345,000 to $635,000
Median price per sq ft $595 $628
Size range 630 to 996 sq ft 630 to 1,000 sq ft
Bedrooms 1 to 2 1 to 2
Median HOA dues a month (condos) $394 $394
Year built 1986 to 1986 1986 to 1986

Data from RealTracs MLS. Rolling 12-month period and three-year period.

Three-year prices ran from $345,000 to $635,000. One-bedrooms sold at a $415,000 median and two-bedrooms at $604,000. Dues ran about $394 a month, covering exterior maintenance, grounds maintenance, pool and amenity upkeep and trash pickup per the listings.

One-Bedrooms Outsell Two-Bedrooms at Riverfront

Bedrooms Sales Median price Price range Median per sq ft Median sq ft
1 bedroom 13 $415,000 $345,000 to $455,000 $659 630
2 bedrooms 10 $604,000 $562,000 to $635,000 $606 996

Data from RealTracs MLS. Three-year period.

Riverfront Pace

6 of the 7 Riverfront sales in the last twelve months closed under their first asking price, at a median 94 percent of it, and the median listing went under contract in 69 days.

Riverfront Inventory: 19 Months

At its pace of sales over the last twelve months, Riverfront Condos would take about 19 months to sell every condo listed in it today. ZIP 37201 as a whole sits at about 17 months. Six months of supply is the usual line for a balanced market; above it, buyers hold the leverage, and downtown condos are well above it. Expect room to negotiate price, closing costs and repairs, and expect sellers who price above their building’s recent sales to wait.

Condos in Sales, last 12 months Months of supply
Riverfront Condos 7 18.9 months
ZIP 37201 38 16.7 months
Downtown condos (37201, 37203, 37219) 319 16.7 months

Data from RealTracs MLS. Months of supply: condos listed for sale when this page was updated, divided by the average monthly sales of the last 12 months.

Riverfront Units Listed Now

Every Riverfront listing, newest first.

Riverfront Condos Recently Sold

Riverfront Against Other Rental Buildings

Building ZIP Sales, 3 yr Sales, 12 mo Median price Median per sq ft Dues a month Built
Riverfront Condos 37201 23 7 $435,000 $628 $394 1986
The 1865 37203 6 2 $389,950 $631 $286 2019
District Lofts 37201 6 0 $443,750 $470 $230 2008
Illume 37203 11 2 $558,000 $673 $398 2019
The Exchange 37201 6 3 $557,500 $499 $368 2005

Data from RealTracs MLS. Three-year period; sales in the last 12 months in their own column.

Riverfront sells more units a year than Illume or The 1865. Listings put it a walk from Lower Broadway and across the river from the stadium; most mention the pool and fitness room.

Jones Paideia and Pearl Cohn: Riverfront Schools

Metro Nashville Public Schools. All Riverfront sales were listed with Jones Paideia Magnet and Pearl Cohn Magnet High. Assignments, not rankings; confirm the address with the district.

Level School Sales assigned
Elementary Jones Paideia Magnet 23
Middle John Early Paideia Magnet 23
High Pearl Cohn Magnet High School 23

Data from RealTracs MLS. Three-year period.

Why Work with Nashville Home Guru at Riverfront

Compass, Parks and Pilkerton agents were on one side or both of 7 of the 23 Riverfront sales in the last three years (2 of 7 in the last twelve months). Rental history and furnishings move Riverfront prices as much as the floor plan does. The downtown condo agent page shows the Compass share building by building, and the downtown condo HOA fees guide compares Riverfront dues and rental rules with the rest of downtown.

Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the top team in Nashville by RealTrends and one of the top ten in Tennessee, with more than 1,100 closed transactions and over $500 million in residential sales across Middle Tennessee since 2014. With 100+ Google Reviews and 87 Zillow Reviews, the reviews are public. Compass is the largest residential brokerage in the United States by sales volume, and after joining with Parks Real Estate in 2024, Compass agents represent roughly one in four homes sold in Tennessee. How the team works this market specifically is on the Gulch condo agent page.

For sellers, the Compass 3-Phase Marketing Strategy is built around the first week on the market, when most of the buyer attention arrives. Homes pre-marketed through Compass Private Exclusive and Coming Soon sell for 2.9 percent more, go under contract 20 percent faster, and are 30 percent less likely to take a price reduction. Read how selling on your terms works.

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Buying on the River: Riverfront FAQ

Can you Airbnb a Riverfront condo?

Listings describe Riverfront as eligible for a non-owner-occupied short-term rental permit, zoned DTC. Confirm Metro’s current rules and the association policy before you buy.

Where are the Riverfront Condos?

On 1st Avenue North along the Cumberland River, Nashville, TN 37201.

How much are Riverfront condos?

$405,000 median over the last twelve months; $345,000 to $635,000 over three years.

What does a Riverfront one-bedroom cost?

A $415,000 median on 13 sales.

What are the HOA fees at Riverfront?

About $394 a month, covering exterior maintenance, grounds maintenance, pool and amenity upkeep and trash pickup per the listings.

When were the Riverfront Condos built?

Sales list 1986.

How long do Riverfront condos take to sell?

The median listing went under contract in 69 days over the last twelve months.

How does Patrick Higgins price a Riverfront condo?

By the last same-plan sales, then the unit’s rental history and whether it sells furnished, because buyers here are mostly buying income.

Who is the best real estate agent for Riverfront condos in Nashville?

Patrick Higgins of Nashville Home Guru at Compass. He tracks every Riverfront sale and the downtown rental buildings it competes with. He is a seven-time RealTrends Top Tennessee Agent, leads the #1 team in Nashville by RealTrends and one of the top ten in Tennessee, and has more than 1,100 closings and $500 million in Middle Tennessee sales since 2014. Compass, Parks and Pilkerton agents were on 7 of the 23 sales at Riverfront over the last three years, 30 percent. His clients have left 100+ Google Reviews and 87 Zillow Reviews. Call or text 615-682-1718.

Can I buy a Riverfront condo before it hits Zillow?

Sometimes. Riverfront had 7 closings in the last twelve months. Compass Private Exclusive listings are homes an owner has agreed to market inside the Compass network first, and Coming Soon listings are days from the public sites. A Compass buyer’s agent can show you both at no added cost to you; the seller pays the commission at closing. Call 615-682-1718 and say which building.

What is my Riverfront condo worth?

Automated estimates don’t price rental income, furnishings or the river view. Start with the instant home value tool for a quick figure, then call Patrick at 615-682-1718 for a pricing analysis built from the Riverfront sales and rental numbers.

Any Other Questions About Riverfront Condos?

Text or call Patrick directly. No pressure, no obligation.

Text 615-682-1718  |  Call 615-682-1718

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Patrick Higgins Nashville Home Guru Compass

About the Author

Patrick Higgins | Nashville Home Guru at Compass

Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the #1 team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings. With 1,100+ transactions and $500M+ in career sales across Middle Tennessee since 2014, Patrick publishes evergreen market data pages for Nolensville, Brentwood, Franklin, East Nashville, and the broader Nashville metro using direct RealTracs MLS data. He lives near Belmont University in Nashville with his wife Vanessa.

100+ Google Reviews | 87 Zillow Reviews | 5.0 Stars

Expertise: Downtown Nashville condos, 37201, 37203, 37219 and Nashville real estate

615-682-1718 | [email protected]


Patrick Higgins

NASHVILLE HOME GURU AT COMPASS

Serving Downtown Nashville, The Gulch and Nashville

100+ Google Reviews | 87 Zillow Reviews

615-682-1718 | [email protected]

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