1008 N 5th St, Nashville, TN 37207, Nashville, 37207 - 3 bed, 1 bath
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1008 N 5th St
Nashville, TN 37207
ACTIVE
CONDITION: POOR
3Beds
1Baths
840Sq Ft
7,841Lot Size
Property Price
LIST PRICE$369,900
SUMMARY
CLEVELAND PARK INVESTMENT / REDEVELOPMENT OPPORTUNITY — $399,900 Opportunity in one of East Nashville’s active redevelopment areas! Located at 1008 N 5th St, this property offers approximately 0.18 acre with an existing 3-bedroom, 1-bath, 840-square-foot home. Renovate the existing home, hold as an investment, or explore redevelopment possibilities. Newer construction and redevelopment can be found throughout the surrounding area and along N 5th Street. Property Sold As is
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1985 (39 years old) and marketed explicitly as a 'redevelopment opportunity' and 'sold as is.' The age exceeds 30 years without evidence of major renovations, and the listing suggests a full rehab or tear-down for land value, aligning with the poor condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 840.
- Prime Redevelopment Location
Situated in the high-demand Cleveland Park area of East Nashville, this property is surrounded by active redevelopment and newer construction, ensuring strong potential for future appreciation.
- Investment Versatility
The 0.18-acre lot offers multiple exit strategies, providing the flexibility to renovate the existing 3-bedroom home, hold it as a rental investment, or pursue a complete site redevelopment.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold strictly in as-is condition, signaling that significant capital expenditure will be required for necessary repairs, modernization, or a total rebuild.
- Limited Square Footage
At only 840 square feet for a three-bedroom layout, the interior living space is exceptionally tight by modern standards, likely requiring a layout reconfiguration or expansion to maximize value.
About 1008 N 5th St
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Glenn Elementary Enhance Option School
Grades PK-4 • 0.3 mi
0/10
Shwab Elementary School
Grades PK-4 • 0.9 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 2.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 840 | 2,045.139 |
| Lot Size | 7,841 | 10,890 |
| Price | $369.9K | $556.0K |
| Price per sq ft | $440 | $305 |
| Built year | 1985 | 1971 |
| HOA | $0 | $133 |
| Days on market | 36 | 70 |
Pricing History
Listed for Sale
Oct 18, 2026
$369,900
$399,900
-8% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$399,900
Initial Listing
Sold
Jul 12, 1997
$32,900
Public Record