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$499,900
SUMMARY
Analysis of 501 Douglas Ave, Nashville, TN 37207 is currently available with a list price of $499,900. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1920 (100+ years old) with no evidence of renovation. The listing explicitly states it is 'ripe for redevelopment' and a 'major project,' indicating the value is primarily in the land. The 5-bed/1-bath configuration is obsolete for the square footage.
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.
- Redevelopment Potential
The property sits on a substantial 0.48-acre lot explicitly marketed for redevelopment, offering a prime opportunity for investors or builders in a high-growth Nashville corridor.
- Prime Corner Location
Positioned at the corner of Douglas and N 5th, the lot provides excellent visibility and flexible access points, which are highly advantageous for new construction or multi-unit projects.
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.
- Poor Functional Utility
The current 3,201 square foot structure features 5 bedrooms but only 1 bathroom, representing a significant functional obsolescence that requires a total interior reconfiguration.
- Major Renovation Requirements
Built in 1920 and described as a 'major project,' the existing home likely suffers from extensive deferred maintenance, making it a candidate for a costly restoration or a complete teardown.
About 501 Douglas Ave
Ripe for Redevelopment! .48 acre at the corner of Douglas and N 5th! Renovation would be a major project!
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 | 2,093.129 |
| Lot Size | 20,909 | 10,890 |
| Price | $499.9K | $568.3K |
| Price per sq ft | $156 | $307 |
| Built year | 1920 | 1971 |
| HOA | $0 | $137 |
| Days on market | 30 | 69 |
Pricing History
Listed for Sale
Aug 10, 2026
$499,900
Initial Listing