5200 Michigan Ave, Nashville, TN 37209, Nashville, 37209 - 3 bed, 3 bath
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5200 Michigan Ave
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,340Sq Ft
1,307Lot Size
Property Price
LIST PRICE$839,900
EST. MARKET VALUE
$781,429
7% AboveMARKET VALUE
SUMMARY
This Turnkey Modern Home is a Strong Value Opportunity, listed at $839,900—positioned above the $781,430 Fair Market Value. While the price reflects a premium for its Mint Condition Rating and recent high-end redesign, the property offers immediate lifestyle benefits. Featuring a versatile floor plan and ultra-walkable location near 51st Avenue, it provides a sophisticated urban living experience. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or Owner-Occupants prioritizing a move-in-ready, stylish residence in a vibrant neighborhood.
Estimated Market Value
$781,429
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 |
|---|---|---|---|---|---|---|
★ 5200 Michigan Ave Subject | $839,900* List Price | 3 | 3 | 2,340 | $334 | - |
A 4804 Illinois Ave Sold | $885,000 | 4 | 3 | 2,533 | $349 | 0.3 mi |
B 5411 Michigan Ave Sold | $620,000 | 3 | 3 | 1,938 | $320 | 0.2 mi |
C 5706 California Ave Sold | $590,000 | 3 | 4 | 2,176 | $271 | 0.5 mi |
D 6121A Louisiana Ave Sold | $675,000 | 3 | 3 | 2,250 | $300 | 0.9 mi |
E 5906A Deal Ave Sold | $595,000 | 3 | 3 | 2,148 | $277 | 0.8 mi |
F 805A 45th Ave N Sold | $799,000 | 3 | 4 | 2,150 | $372 | 0.5 mi |
G 5400 Tennessee Ave Sold | $925,000 | 4 | 4 | 2,483 | $373 | 0.2 mi |
H 5510 Tennessee Ave A Sold | $699,999 | 4 | 3 | 2,040 | $343 | 0.3 mi |
I 4807B Tennessee Ave B Active | $734,900 List Price | 3 | 3 | 2,262 | $325 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and features a recent high-end redesign. The kitchen and baths are in mint condition with modern cabinetry, quartz countertops, and premium stainless steel appliances. All systems are contemporary, and the interior shows no signs of wear, meeting the criteria for a move-in ready, mint-condition home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Walkability
Located just one block from the vibrant 51st Avenue corridor, this property offers an ultra-walkable lifestyle with immediate access to The Nations' premier dining, coffee shops, and boutiques.
- Turnkey Modern Aesthetics
Built in 2019 and recently elevated with designer luxury lighting, fresh neutral paint, and high-end hardware, the home is in pristine, move-in-ready condition with a sophisticated feel.
- Versatile Floor Plan
The 2,340-square-foot layout is thoughtfully designed to provide flexibility for multi-generational living, dedicated home offices, or maximizing rental income for investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1562. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2340, other record living area = 2388.
- Underperforming School District
The property is zoned for middle and high schools with low performance ratings (2/10), which may deter families prioritizing public education quality.
- Minimal Outdoor Space
With a lot size of only 1,307 square feet, the property offers very limited private outdoor area and no traditional yard, a common trade-off for its dense urban location.
About 5200 Michigan Ave
Fresh, stylish, and right in the middle of one of Nashville’s most energetic vibrant urban neighborhoods, 5200 Michigan Avenue has been thoughtfully redesigned for today’s buyer. The interiors feel current and elevated with new on-trend designer luxury lighting, fresh neutral paint throughout, and gorgeous cabinet hardware—creating a polished, move-in-ready mint condition home with just the right mix of personality and sophistication. The versatile and unique floor plan works beautifully for both homeowners and investors, offering flexibility for everyday living, entertaining, working from home, or maximizing investment potential. And the location? Hard to beat! Just one block from the heart of 51st Avenue, you can leave the car at home and walk to some of The Nations’ favorite restaurants, coffee spots, boutiques, art, shopping, and entertainment. It’s the kind of neighborhood where grabbing dinner, meeting friends for coffee, or enjoying a night out can all happen just steps from your front door. Turnkey style, a flexible floor plan, and an ultra-walkable location—5200 Michigan Avenue delivers the Nashville lifestyle today’s buyer is looking for.
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2019
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Cockrill Elementary School
Grades PK-4 • 0.4 mi
4/10
Sylvan Park Paideia Design Center
Grades PK-4 • 1.1 mi
7/10
Park Avenue Elementary Enhanced Option
Grades PK-4 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 2,340 | 2,315.405 |
| Lot Size | 1,307 | 1,307 |
| Price | $839.9K | $716.1K |
| Price per sq ft | $359 | $313 |
| Built year | 2019 | 2020 |
| HOA | $0 | $197 |
| Days on market | 20 | 87 |
Pricing History
Listed for Sale
Aug 20, 2026
$839,900
Initial Listing
Sold
Aug 29, 1996
$52,580
Public Record