5201 Tennessee Ave, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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Nashville, TN 37209
This Value-Add Historic Cottage is a high-potential Asset listed at $450,000, representing a strategic entry into the high-demand 37209 corridor relative to its $389,338 Fair Market Value. Boasting a Condition Rating of 4, the 1935 residence features significant character including 10-foot ceilings and original hardwood floors, though the dated interior offers clear potential for forced appreciation. Proximity to the Sylvan Park Paideia Design Center (Rating 7) and West End Middle School ensures long-term residential appeal and rental demand. This is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich home with significant renovation upside.
Property is moderate renovation needed.
This 1935 cottage is well-maintained and move-in ready, but its interior features are dated. While the exterior shows some updates like newer siding and the original hardwood floors are a highlight, the kitchen and utility areas show signs of age with older white appliances, dated cabinetry, and basic laminate surfaces. The property lacks a recent comprehensive renovation, with most fixtures and finishes appearing to be 15-30 years old, consistent with the 'fair' condition category.
Situated in a rapidly developing neighborhood minutes from downtown Nashville, Sylvan Park, and major shopping, offering high convenience and strong investment potential.
This 1935 cottage features desirable architectural details including 10-foot ceilings, original hardwood floors, and a classic fireplace, providing timeless charm and aesthetic appeal.
The home offers spacious rooms with a practical layout, including a kitchen equipped with all appliances and durable tile flooring in the bathroom and utility areas.
With a lot size of only 1,307 square feet, the property offers very little private yard space or room for future exterior expansions compared to typical residential lots.
The 2-bedroom, 1-bathroom configuration may be a limitation for modern buyers or growing families, potentially impacting long-term 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 4.0 | 1% |
| Square foot | 1,086 | 2,146 | 3% |
| Lot Size | 1,307 | 871 | 53% |
| Price | $450.0K | $595.0K | 26% |
| Price per sq ft | $414 | $312 | 95% |
| Built year | 1935 | 2020 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 233 | 264 | 41% |
Sep 1, 2025
$450,000
Initial Listing