Phillips Place Real Estate

Phillips Place Real Estate

Welcome to Phillips Place, a hidden gem nestled in the vibrant heart of Nashville, Tennessee. This charming subdivision, located in Davidson County, offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home.

Phillips Place is characterized by its beautifully landscaped streets and a diverse array of architectural styles, ranging from classic Southern homes to modern designs. The neighborhood exudes a warm, welcoming atmosphere, where friendly neighbors greet each other on evening strolls and community events bring residents together. With well-maintained parks and green spaces, families and pet owners can enjoy the great outdoors right at their doorstep.

One of the standout features of Phillips Place is its prime location. Just a short drive away, residents can experience the bustling energy of downtown Nashville, known for its rich music scene, delectable dining options, and vibrant nightlife. Whether you're exploring the iconic honky-tonks on Broadway or indulging in gourmet cuisine at local eateries, there's never a shortage of excitement.

Families will appreciate the access to quality schools and recreational facilities, ensuring that children have the best opportunities for education and play. Additionally, the proximity to major highways makes commuting a breeze, connecting residents to the greater Nashville area and beyond.

In Phillips Place, you'll find a community that truly embodies the spirit of Nashville—warm, inviting, and full of life. Discover your dream home in this enchanting subdivision, where you can create lasting memories and enjoy the best of what Music City has to offer.

Newest Listings in Phillips Place

$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.