1001B 51st Ave N, Nashville, TN 37209, Nashville, 37209 - 4 bed, 5 bath
Loading property details...
1001B 51st Ave N
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
2,574Sq Ft
871Lot Size
Property Price
LIST PRICE$680,000
EST. MARKET VALUE
$751,981
9% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $680,000—positioned well below the $751,982 Fair Market Value by 9%. This valuation gap offers $71,982 in Instant Equity for the buyer. Featuring a Mint Condition Rating and a modern 2020 build, this NOO STR-zoned asset is optimized for high-yield rental performance. While the lot size is compact, the prime location in The Nations ensures consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators.
Estimated Market Value
$751,981+$71,981 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001B 51st Ave N Subject | $680,000* List Price | 4 | 5 | 2,574 | $292 | - |
A 5706 California Ave Sold | $590,000 | 3 | 4 | 2,176 | $271 | 0.6 mi |
B 5411 Michigan Ave Sold | $620,000 | 3 | 3 | 1,938 | $320 | 0.3 mi |
C 6103A Pennsylvania Ave Sold | $799,000 | 3 | 4 | 2,487 | $321 | 0.8 mi |
D 231 Sterling Point Cir Sold | $515,000 | 3 | 4 | 1,920 | $268 | 0.8 mi |
E 6121A Louisiana Ave Sold | $675,000 | 3 | 3 | 2,250 | $300 | 0.9 mi |
F 905 47th Ave N Active | $750,000 List Price | 4 | 4 | 2,501 | $300 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and remains in mint condition. The interior features modern flooring, contemporary lighting, and updated bathroom fixtures, requiring no immediate maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Viability
The property is commercially zoned for non-owner occupied short-term rentals (NOO STR) and features a 5.3% cap rate, offering a turnkey, high-yield opportunity for investors.
- Prime Location
Situated in the heart of 'The Nations,' a highly sought-after Nashville neighborhood, the property is just 10 minutes from Downtown and walking distance to trendy retail and dining.
- Modern High-Capacity Layout
Built in 2020, this 2,574 sqft home includes 4 bedrooms and 5 bathrooms, providing the ideal scale and contemporary appeal for large-group rental guests.
CONSRISKS & DEFICIENCIES
- Ownership Structure
Classified as a Stock Cooperative, the property may face more complex financing requirements and a more limited pool of traditional lenders compared to fee-simple real estate.
- Minimal Outdoor Space
With a lot size of only 871 sqft, the property offers virtually no private yard or significant outdoor area, which may limit its appeal for certain guest demographics.
About 1001B 51st Ave N
5.3% cap rate! NOO STR transferrable permit. We are pleased to present 1001B 51st Ave for sale. This active short term rental is commercially zoned for non-owner occupied short term rental status. This property is located in the heart of the Nations, a highly sought after neighborhood just 10 minutes from Downtown Nashville. This property is conveniently located near tourism, event venues, retail, restaurants, schools, hospitals, and all desired commerce that aid in the success of an investment property.
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2020
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 5.0 | 3.5 |
| Square foot | 2,574 | 2,315.405 |
| Lot Size | 871 | 1,307 |
| Price | $680.0K | $716.1K |
| Price per sq ft | $264 | $313 |
| Built year | 2020 | 2020 |
| HOA | $0 | $197 |
| Days on market | 33 | 87 |
Pricing History
Listed for Sale
Aug 7, 2026
$680,000
Initial Listing