230B 54th Ave, N, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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230B 54th Ave
N, Nashville, TN 37209
ACTIVE
CONDITION: FAIR
2Beds
1Baths
816Sq Ft
4,792Lot Size
Property Price
LIST PRICE$529,500
EST. MARKET VALUE
$529,500
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $529,500, which aligns with the $529,500 Fair Market Value. While the home maintains a Fair Condition Rating (4/10), its location in the sought-after Sylvan Park neighborhood and direct access to the Richland Creek Greenway provide significant long-term value. The property offers a versatile 2-bedroom, 1-bath layout suitable for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic improvements.
Estimated Market Value
$529,500
Based on Realkey algorithm analyzing recent comparable sales in N.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230B 54th Ave Subject 2 bd · 1 ba · 816 sqft · $649 | $529,500* List Price | 2 | 1 | 816 | $649 | - |
A 230B 54th Ave N Active 2 bd · 1 ba · 816 sqft · $649 · 0.0 mi | $529,500 List Price | 2 | 1 | 816 | $649 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1952 but shows signs of past updates, featuring a clean interior with well-maintained hardwood floors and modern paint. While marketed as a development opportunity, the listing notes it is 'surprisingly cute on the inside' and only needs finishing touches and yard work, making it suitable as a starter home or rental rather than a complete tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after Sylvan Park neighborhood on a quiet street with direct access to the Richland Creek Greenway, offering exceptional lifestyle appeal and long-term value.
- Investment Versatility
The property presents a dual-purpose opportunity, serving as either a prime development site for a new build or a value-add rental/starter home with minor cosmetic improvements.
- Interior Potential
Described as surprisingly charming on the inside, the home provides a solid aesthetic foundation that reduces the immediate need for a full interior gut renovation.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is sold in as-is condition and requires finishing touches and significant yard work, which may pose a challenge for buyers seeking a move-in-ready residence.
- Equipment Exclusions
The seller reserves the right to remove the HVAC system and appliances if sold to a developer, potentially increasing the immediate capital expenditure for the buyer.
About 230B 54th Ave
Sylvan Park development opportunity well suited for interesting custom home or non cookie cutter new construction on quiet street with Richland Creek Greenway access at dead end. Call your architect and ask them to put their thinking cap on! Western facing lot gets great light. Or with a little work, could be a great first time home, place for visiting grandparents to stay or rental property. Surprisingly cute on the inside. Needs finishing touches and yard work. Property sold "as-is". Seller reserves HVAC and appliances.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 816 | 2,045.139 |
| Lot Size | 4,792 | 10,890 |
| Price | $529.5K | $556.0K |
| Price per sq ft | $649 | $305 |
| Built year | 1952 | 1971 |
| HOA | $0 | $133 |
| Days on market | 48 | 70 |
Pricing History
Listed for Sale
Sep 11, 2026
$529,500
Initial Listing