1003 51st Ave N, Nashville, TN 37209, Nashville, 37209 - 4 bed, 5 bath
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Nashville, TN 37209
This High-Potential Investment Opportunity is listed at $825,000, positioned above the $746,619 Fair Market Value by 10%. Despite the premium, this commercially zoned asset in The Nations offers rare NOO STR eligibility, providing significant revenue potential. Featuring a Mint Condition Rating and sold fully furnished, the property is a turnkey Buy-and-Hold Investment for Short-Term Rental Investors or Live-Work Professionals. Its perfect walkability and proximity to downtown Nashville ensure high demand, offsetting the limited outdoor space and lower-rated local school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1003 51st Ave N Subject | $825,000* List Price | 4 | 5 | 2,120 | $352 | - |
A 5400 Tennessee Ave Sold | $925,000 | 4 | 4 | 2,483 | $373 | 0.3 mi |
B 5906A Deal Ave Sold | $595,000 | 3 | 3 | 2,148 | $277 | 0.9 mi |
C 4701 Michigan Ave Sold | $805,000 | 4 | 4 | 2,580 | $312 | 0.3 mi |
D 4701 Michigan Ave Sold | $805,000 | 4 | 4 | 2,580 | $312 | 0.3 mi |
E 2079 Edison Park Ln Sold | $610,000 | 4 | 4 | 2,144 | $285 | 0.6 mi |
F 4808 Kentucky Ave A Sold | $740,000 | 3 | 3 | 2,205 | $336 | 0.2 mi |
G 6103A Pennsylvania Ave Sold | $799,000 | 3 | 4 | 2,487 | $321 | 0.8 mi |
H 5900 Carl Pl Sold | $779,900 List Price | 3 | 4 | 2,101 | 0.6 mi | |
I 5302 Georgia Ave A Active | $709,900 List Price | 4 | 4 | 2,226 | $319 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, the property is 10 years old and remains in mint condition. The interior features a modern kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, along with contemporary bathrooms and hardwood flooring, requiring no maintenance.
Commercially zoned with NOO STR eligibility, this property offers rare flexibility for short-term rentals, live-work setups, or long-term investment without the burden of HOA restrictions.
Boasting a perfect walkability score in the heart of The Nations, the home is steps away from premier dining, shopping, and the popular 14TENN wedding venue, ensuring high demand.
The property is sold fully furnished and features rare, ample off-street parking, providing an immediate, move-in-ready solution for investors looking to capitalize on the Nashville market.
The assigned public middle and high schools carry low ratings (2/10), which may deter long-term owner-occupants who prioritize educational district quality.
With a lot size of only 871 square feet, the property lacks a private yard or significant outdoor living area, a common trade-off for high-density urban builds in this neighborhood.
Owner is just ready to sell! Incredible opportunity and price point for such a versatile piece of real estate! Situated in the heart of the coveted Nations neighborhood and commercially zoned, this 4 BR, 4.5 BA home offers non-owner occupied short-term rental (NOO STR), owner occupant, long term rental, and/or live-work potential. 5.0 out of 5.0 walkability is fantastic as well, as there are a multitude of nearby popular restaurants, shops, and entertainment venues (the acclaimed 14TENN wedding/entertainment space is on the same street!). Sold Furnished! Not to mention, a quick 10-12 minute car ride to downtown Nashville! No HOA **See the virtual staging photos and make sure to click on those photos for captions.** Investors...look into 100% bonus depreciation!! AMPLE OFF STREET PARKING
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades PK-4 • 1.0 mi
Grades PK-4 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 2,120 | - |
| Lot Size | 871 | - |
| Price | $825.0K | $654.3K |
| Price per sq ft | $389 | $311 |
| Built year | 2016 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 339 |
Jun 29, 2026
$825,000
Initial Listing