5137 Amalie Dr, Nashville, TN 37211, Nashville, 37211 - 5 bed, 3 bath
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5137 Amalie Dr
Nashville, TN 37211
ACTIVE
CONDITION: POOR
5Beds
3Baths
3,099Sq Ft
15,682Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$525,177
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $525,177 Fair Market Value by -4%. Featuring a Fair Condition Rating, this 5-bedroom, 3-bath asset offers immediate cash flow of $3,650/month via existing leases. The dual-kitchen, split-level layout provides significant versatility for rental strategies, while the expansive 0.36-acre lot ensures high land utilization. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking to modernize an established income-producing asset.
Estimated Market Value
$525,177
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 |
|---|---|---|---|---|---|---|
★ 5137 Amalie Dr Subject | $550,000* List Price | 5 | 3 | 3,099 | $169 | - |
A 713 Huntington Pkwy Active | $424,900 List Price | 4 | 2 | 2,300 | $185 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1975 (49 years old) with no mentioned renovations, this property falls into the 'Poor' category based on age and its marketing as an 'Investor Special.' The description focuses on rental income rather than condition, suggesting dated kitchens, baths, and systems that likely require significant rehab to meet modern standards.
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 = 15682, living area = 3099.
- Immediate Cash Flow
The property is a turnkey investment generating $3,650 per month in rental income with secured one-year leases already in place.
- Dual-Living Functionality
With two full kitchens and a split-level layout (3/2 upstairs and 2/1 downstairs), the home offers high versatility for multi-tenant or multi-generational use.
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 = 3.
- Deferred Maintenance Potential
Marketed as an 'Investor Special' and built in 1975, the property likely requires capital improvements to modernize aging systems and finishes.
- Low High School Rating
The assigned high school has a rating of 3, which may limit appeal for long-term owner-occupant families and impact future resale demand.
About 5137 Amalie Dr
Investor Special! A property with income already in place! This 5-bedroom, 3-bath property brings in $3,650/month in combined rent, with both tenants currently secured on 1-year leases. Featuring 3 bedrooms and 2 full bathrooms upstairs and 2 bedrooms with 1 full bathroom downstairs, the property offers a flexible layout that can accommodate a variety of rental strategies. It also includes 2 kitchens, offering plenty of functionality for the current rental arrangement. For investors looking for an opportunity with existing tenants, established cash flow, and a versatile floor plan, this property deserves a closer look!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Tusculum Elementary School
Grades K-4 • 1.1 mi
5/10
Granbery Elementary School
Grades K-4 • 1.6 mi
8/10
Mcmurray Middle School
Grades 5-8 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,099 | 2,093.129 |
| Lot Size | 15,682 | 10,890 |
| Price | $550.0K | $568.3K |
| Price per sq ft | $177 | $307 |
| Built year | 1975 | 1971 |
| HOA | $0 | $137 |
| Days on market | 35 | 69 |
Pricing History
Listed for Sale
Aug 5, 2026
$550,000
Initial Listing