501 Douglas Ave, Nashville, TN 37207, Nashville, 37207 - 5 bed, 1 bath
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501 Douglas Ave
Nashville, TN 37207
ACTIVE
CONDITION: TEAR DOWN
5Beds
1Baths
3,201Sq Ft
20,909Lot Size
Property Price
LIST PRICE$474,900
SUMMARY
Ripe for Redevelopment! .48 acre at the corner of Douglas and N 5th! Renovation would be a major project!
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1920 (>50 years old) with no updates. The listing explicitly states it is 'Ripe for Redevelopment' and that a renovation would be a 'major project,' indicating the property is being sold primarily for its land value.
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 = 20909, living area = 3201.
- Prime Redevelopment Opportunity
Situated on a substantial 0.48-acre corner lot, this property is perfectly positioned for high-density redevelopment or a multi-unit project in a growing Nashville neighborhood.
- Expansive Lot Size
The rare 20,909 square foot city lot provides significant land value and flexibility for builders looking to maximize square footage or outdoor amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.
- Extensive Renovation Required
The existing 1920s structure is described as a major renovation project, likely requiring a full gut or teardown, which adds significant upfront costs and complexity.
- Functional Obsolescence
With 5 bedrooms and only 1 bathroom across 3,201 square feet, the current layout is highly impractical for modern living, necessitating a complete interior reconfiguration.
About 501 Douglas Ave
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 20,909 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Shwab Elementary School
Grades PK-4 • 0.7 mi
6/10
Tom Joy Elementary School
Grades PK-4 • 1.0 mi
6/10
Jere Baxter Middle School
Grades 5-8 • 1.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 3,201 | 2,045.139 |
| Lot Size | 20,909 | 10,890 |
| Price | $474.9K | $556.0K |
| Price per sq ft | $148 | $305 |
| Built year | 1920 | 1971 |
| HOA | $0 | $133 |
| Days on market | 33 | 70 |
Pricing History
Listed for Sale
Sep 22, 2026
$474,900
Initial Listing