5109A Michigan Ave, Nashville, TN 37209, Nashville, 37209 - 2 bed, 3 bath
Loading property details...
Nashville, TN 37209
This Move-In Ready Townhome represents a Strong Value Opportunity, listed at $365,000—positioned well below the $373,057 Fair Market Value by 2%. This valuation gap offers $8,057 in Instant Equity for the buyer. Featuring a Good Condition Rating with 2025 HVAC and appliance upgrades, this home offers a functional Dual En Suite Layout in the heart of The Nations. It is an ideal acquisition for first-time buyers or owner-occupants seeking a vibrant, walkable lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5109A Michigan Ave Subject | $365,000* List Price | 2 | 3 | 1,088 | $343 | - |
A 5201 Tennessee Ave Active | $450,000 List Price | 2 | 1 | 1,086 | $414 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (approx. 17-19 years old), the property is well-maintained and move-in ready. It features significant recent system updates including a new downstairs HVAC and appliances in 2025, a water heater in 2019, and an upstairs HVAC in 2016. The interior shows clean finishes and functional kitchen/baths that align with the 'Good' criteria for its age bracket.
Situated in the heart of The Nations, one of Nashville's most vibrant neighborhoods, this property offers exceptional walkability to popular local breweries, restaurants, and parks.
The home features significant recent upgrades including a new downstairs HVAC system and kitchen appliances installed in 2025, plus a 2019 water heater, minimizing immediate maintenance concerns.
The floor plan is highly functional for roommates or guests, featuring two spacious bedrooms each equipped with its own private en suite bathroom and ample natural light.
The $450 monthly association fee is relatively high for a 1,088-square-foot unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
Listed as a Stock Cooperative, this property type can be more difficult to finance than traditional fee-simple real estate, potentially limiting the pool of eligible mortgage lenders and buyers.
Welcome to 5109 Michigan Avenue in the highly sought after Row at 51st community in The Nations. This move in ready 2 bedroom, 2.5 bath townhome offers an open and functional floor plan filled with natural light, spacious bedrooms with en suite baths, and private outdoor living space. Recent updates include a new downstairs HVAC system, refrigerator, microwave, and garbage disposal, all installed in 2025, plus a water heater replaced in 2019. The upstairs HVAC was replaced in 2016, providing added peace of mind. Enjoy living just minutes from downtown Nashville and within walking distance of some of The Nations' most popular restaurants, coffee shops, breweries, and parks. Low maintenance living in one of Nashville's most vibrant neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,088 | - |
| Lot Size | 436 | - |
| Price | $365.0K | $654.3K |
| Price per sq ft | $335 | $311 |
| Built year | 2007 | 0 |
| HOA | $450 | $0 |
| Days on market | 49 | 339 |
Jun 4, 2026
$365,000
Initial Listing