5005 Nevada Ave, Nashville, TN 37209, Nashville, 37209 - 5 bed, 5 bath
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5005 Nevada Ave
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,492Sq Ft
8,276Lot Size
Property Price
LIST PRICE$1,850,000
EST. MARKET VALUE
$1,759,513
5% AboveMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,850,000—positioned above the $1,759,514 Fair Market Value by 5%. While priced at a premium, the property features a Mint Condition Rating and a versatile Detached Apartment for rental income. With a Chef’s Kitchen, Spa-Inspired Bath, and prime Sylvan Park Walkability, it offers a luxury lifestyle. Despite lower-rated middle and high schools, the home’s 2020 construction ensures zero maintenance. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Estimated Market Value
$1,759,513
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 |
|---|---|---|---|---|---|---|
★ 5005 Nevada Ave Subject 5 bd · 5 ba · 3,492 sqft · $504 | $1,850,000* List Price | 5 | 5 | 3,492 | $504 | - |
A 4905 Dakota Ave Sold 4 bd · 4 ba · 3,528 sqft · $527 · 0.1 mi | $1,859,000 | 4 | 4 | 3,528 | $527 | 0.1 mi |
B 304 51st Ave Sold 4 bd · 4 ba · 4,024 sqft · $404 · 0.1 mi | $1,625,000 | 4 | 4 | 4,024 | $404 | 0.1 mi |
C 302 50th Ave N Sold 5 bd · 4 ba · 3,048 sqft · $509 · 0.1 mi | $1,550,000 | 5 | 4 | 3,048 | $509 | 0.1 mi |
D 335 Chamberlin St Sold 4 bd · 5 ba · 3,824 sqft · $497 · 1.0 mi | $1,900,000 | 4 | 5 | 3,824 | $497 | 1.0 mi |
E 4106 Idaho Ave Sold 4 bd · 3 ba · 3,437 sqft · $495 · 0.7 mi | $1,700,000 | 4 | 3 | 3,437 | $495 | 0.7 mi |
F 4802 Dakota Ave Sold 4 bd · 3 ba · 2,837 sqft · $485 · 0.2 mi | $1,375,000 | 4 | 3 | 2,837 | $485 | 0.2 mi |
G 4206 Wyoming Ave Sold 4 bd · 4 ba · 3,038 sqft · $526 · 0.6 mi | $1,599,000 | 4 | 4 | 3,038 | $526 | 0.6 mi |
H 323 50th Ave N Active 5 bd · 7 ba · 3,758 sqft · $503 · 0.2 mi | $1,890,000 List Price | 5 | 7 | 3,758 | $503 | 0.2 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 5 years old and in mint condition. It features a high-end chef's kitchen with premium appliances and stone countertops, modern spa-like bathrooms, and contemporary systems including smart thermostats, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The detached 397 sq ft apartment serves as a versatile 'hidden gem,' offering excellent potential for rental income or a completely private professional studio space.
- Prime Walkability
Located in the heart of Sylvan Park, the property boasts a highly desirable lifestyle with immediate walking access to local restaurants, shops, parks, and greenways.
- Modern Luxury Design
Constructed in 2020, the home features high-end finishes including a chef’s kitchen, screened porch for indoor-outdoor hosting, and a spa-inspired owner’s retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3492, other record living area = 3567.
- School District Ratings
While the local elementary school is highly rated, the assigned middle and high schools have significantly lower ratings (2/10), which may impact appeal for families.
- Limited Lot Size
The property sits on a relatively compact 0.19-acre lot, which may feel constrained for buyers expecting more expansive private yard space at this $1.85M price point.
About 5005 Nevada Ave
Meticulously-designed *3,889 sq ft home, located on a quiet street in Sylvan Park. Home features hardwood floors, high ceilings, crown molding, lots of natural light, and custom upgrades throughout. Entertainer’s dream: flows easily from open living to elegant dining, eat-in chef’s kitchen to the screened porch for indoor-outdoor hosting. Unwind in the rec room with family and friends or escape to the owner’s retreat with relaxing spa bath. The detached apartment is the hidden gem of this home - amazing income potential or an ultra-private studio space. The location is the icing on the cake! Walk to restaurants, shops, parks, greenways, and more. *(3492ft main home + bonus 397ft apartment)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Sylvan Park Paideia Design Center
Grades PK-4 • 0.3 mi
7/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 1.0 mi
5/10
Charlotte Park Elementary School
Grades PK-4 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,492 | 2,045.139 |
| Lot Size | 8,276 | 10,890 |
| Price | $1.85M | $556.0K |
| Price per sq ft | $530 | $305 |
| Built year | 2020 | 1971 |
| HOA | $0 | $133 |
| Days on market | 8 | 70 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,850,000
Initial Listing
Sold
May 19, 1995
$85,000
Public Record