240 54th Ave, N, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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240 54th Ave
N, Nashville, TN 37209
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,214Sq Ft
3,920Lot Size
Property Price
LIST PRICE$479,990
SUMMARY
Opportunity in Sylvan Park, just off Charlotte Ave. Sold as-is. Needs minimal investment to get rent-ready. The backyard is much larger than it looks in aerial photos. Strong appreciation area with room to work: renovate and rent, renovate and resell, or add square footage and sell. Minutes from The Nations, Sylvan Park dining, I-40 and downtown.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1940 and sold as-is, the property shows significant signs of neglect including exposed subflooring and dated interiors. The listing description explicitly calls for renovation to be rent-ready or resold, indicating it needs a full rehab rather than minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Appreciation
Situated in the high-demand Sylvan Park area near Charlotte Ave and The Nations, this property offers excellent long-term appreciation potential and convenient proximity to downtown Nashville.
- Investment Versatility
The property provides multiple exit strategies for investors, including a quick rent-ready turnaround with minimal investment or a full renovation and expansion to maximize resale value.
- Generous Outdoor Space
Featuring a backyard significantly larger than it appears in aerial photos, the lot offers rare outdoor utility and expansion possibilities for a home in this established urban neighborhood.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which may necessitate immediate capital for repairs or upgrades typical of a home built in 1940.
- Limited Bathroom Count
With only one bathroom for a 1,214-square-foot home, the current layout may limit appeal to modern buyers unless a second bathroom is added during renovation.
About 240 54th Ave
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 3,920 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
N Unified Schools
Sylvan Park Paideia Design Center
Grades PK-4 • 0.5 mi
7/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 1.3 mi
5/10
Charlotte Park Elementary School
Grades PK-4 • 1.7 mi
4/10
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 | 1,214 | 2,045.139 |
| Lot Size | 3,920 | 10,890 |
| Price | $480.0K | $556.0K |
| Price per sq ft | $395 | $305 |
| Built year | 1940 | 1971 |
| HOA | $0 | $133 |
| Days on market | 15 | 70 |
Pricing History
Listed for Sale
Oct 14, 2026
$479,990
Initial Listing