
Nashville, TN 37209
This 1935 cottage represents a Strong Value Opportunity, listed at $420,000—positioned well above the $390,080 Fair Market Value by 7%. While the property requires modernization, its Condition Rating of 4 and 10-foot ceilings provide a solid foundation for value-add renovations. Located in a high-demand neighborhood near Sylvan Park, this asset offers proximity to urban amenities despite its compact footprint. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5201 Tennessee Ave Subject | $420,000* List Price | 2 | 1 | 1,086 | $359 | - |
A 5109A Michigan Ave Active | $365,000 List Price | 2 | 3 | 1,088 | $335 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1935, the property is functional but significantly dated. The kitchen features older white appliances and basic cabinetry consistent with a renovation over 20 years old. While the hardwood floors are a plus, the visible systems and interior finishes require modernization and minor repairs to meet current market standards.
Situated in a high-demand, up-and-coming neighborhood minutes from downtown Nashville and Sylvan Park, offering excellent proximity to the Nashville West Shopping Mall.
This 1935 cottage features desirable character elements including 10-foot ceilings, an original fireplace, and hardwood flooring throughout, which are highly sought after by boutique buyers.
The 10-foot ceilings and well-proportioned rooms maximize the 1,086 square foot footprint, creating an airy and open living environment that feels larger than its stated size.
The exceptionally small lot size of 1,307 square feet offers very little private outdoor space and severely limits the potential for future structural expansions or additions.
The single-bathroom configuration for a two-bedroom home can be a significant drawback for modern buyers, potentially impacting the property's competitive edge and resale value.
DELIGHTFUL COTTAGE, Up-and-coming HOT neighborhood minutes from downtown, close to Sylvan Park and new Nashville West Shopping Mall! A real jewel! Spacious rooms with 10' ceilings, original fireplace, hardwood floors throughout except for tile in bathroom & utility room. Kitchen includes all appliances.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 1.2 mi
Grades PK-4 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,086 | - |
| Lot Size | 1,307 | - |
| Price | $420.0K | $654.3K |
| Price per sq ft | $387 | $311 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 62 | 339 |
May 22, 2026
$420,000
Initial Listing