509 Wesley Ave, Nashville, TN 37207, Nashville, 37207 - 2 bed, 1 bath
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Nashville, TN 37207
This Strong Value Opportunity is listed at $339,900, positioned well below the $345,669 Fair Market Value by 1.66%. This valuation gap offers $5,769 in Instant Equity. Featuring a Good Condition Rating with a new 2019 HVAC and 2025 flooring, this home offers a spacious fenced-in backyard and deck. Located in a rapidly transforming corridor, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready asset with significant appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Wesley Ave Subject | $339,900* List Price | 2 | 1 | 768 | $450 | - |
A 326 Marshall St Sold | $299,900 List Price | 2 | 1 | 704 | 0.6 mi | |
B 1501 Jewell St Sold | $350,000 List Price | 2 | 1 | 792 | 0.7 mi | |
C 1501 Jewell St Sold | $344,900 | 2 | 1 | 792 | $435 | 0.7 mi |
D 1513 Luton Sold | $349,600 | 3 | 2 | 1,054 | $332 | 0.8 mi |
E 504 Norton Ave Active | $325,000 List Price | 2 | 1 | 770 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property has undergone significant recent updates that place it in the 'Good' category. Key systems are updated with a new HVAC (2019) and a brand new water heater and LVP flooring (2025). The kitchen features modern white shaker cabinetry and updated appliances, making the home fully functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 768.
Situated in a rapidly transforming corridor near Trinity Lane and Dickerson Pike, the property offers significant appreciation potential driven by surrounding new construction and neighborhood redevelopment.
The home features essential updates including a new HVAC system (2019) and brand-new flooring and water heater (2025), offering buyers peace of mind and reduced immediate maintenance costs.
At just 768 square feet with a single bathroom, the compact interior layout may be restrictive for growing families or buyers requiring additional living space.
The property is zoned for middle and high schools with low ratings (2/10), which may limit its appeal to families and impact future resale value.
Charming 2-bedroom home in one of Nashville’s fastest-growing areas, just minutes from the exciting redevelopment happening along Trinity Lane and Dickerson Pike! This well-maintained property offers the perfect blend of character, updates, and convenience with a spacious fenced-in backyard ideal for pets, entertaining, or relaxing outdoors. Recent improvements include a new HVAC system installed in 2019 along with new flooring and water heater completed in 2025, giving buyers peace of mind on major items. The home’s functional layout and inviting feel make it a great fit for first-time buyers, investors, or anyone looking to be close to the energy of East Nashville without the premium price tag. Surrounded by new construction, restaurants, breweries, coffee shops, and ongoing neighborhood investment, this location continues to see strong appreciation and demand. Convenient access to downtown Nashville, Ellington Parkway, and major interstates makes commuting a breeze. Whether you’re looking for a primary residence or long-term investment opportunity, this home offers incredible value in a rapidly transforming corridor
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 768 | 1,450 | 2% |
| Lot Size | 9,583 | 8,712 | 56% |
| Price | $339.9K | $375.0K | 39% |
| Price per sq ft | $443 | $232 | 95% |
| Built year | 1950 | 1970 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 358 | 1% |
May 21, 2026
$339,900
Initial Listing