5205 Tennessee Ave, Nashville, TN 37209, Nashville, 37209 - 2 bed, 2 bath
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Nashville, TN 37209
This High-Density Development Asset is listed at $749,900, aligning perfectly with its $749,900 Fair Market Value. The property represents a High-Potential Investment Opportunity due to upcoming 2025 zoning changes that allow for a six-home subdivision. Currently featuring a main house and an income-producing Detached Accessory Dwelling Unit (DADU), the site offers immediate cash flow during the entitlement process. With a Condition Rating of 4, this "As-Is" acquisition is a strategic value-add play near Sylvan Park Paideia Design Center. It is ideal for Developers or Speculative Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5205 Tennessee Ave Subject | $749,900* List Price | 2 | 2 | 1,277 | $587 | - |
A 5105 Nevada Ave Sold | $904,500 | 3 | 2 | 1,303 | $694 | 0.9 mi |
B 5105 Nevada Ave Sold | $904,500 | 3 | 2 | 1,305 | $693 | 0.9 mi |
C 321 53rd Ave N Sold | $525,000 | 2 | 1 | 977 | $537 | 0.7 mi |
D 5824 Robertson Ave Sold | $755,000 | 2 | 1 | 1,128 | $669 | 0.7 mi |
E 4605 Elkins Ave Sold | $750,000 List Price | 4 | 3 | 1,457 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, originally built in 1935, is being sold as-is and shows a mix of older hardwood and basic laminate flooring. While the interiors are clean and currently functional for rental purposes, the kitchen and living areas feature dated elements such as laminate countertops, older electric coil appliances, and basic cabinetry. The property has been maintained through regular upkeep but lacks the modern renovations required for a higher rating, fitting the criteria for a home that is aged but functional.
Upcoming 2025 zoning changes provide a massive value-add opportunity, allowing the property to be subdivided for the construction of up to six homes.
The inclusion of a secondary detached dwelling (DADU) offers immediate rental income potential or a flexible setup for short-term rentals and multi-generational living.
Situated in a highly desirable and rapidly appreciating pocket of West Nashville, the property benefits from strong market demand and proximity to urban amenities.
Both the 1935 main house and the rear unit are being sold as-is, indicating that significant capital may be required for repairs, modernization, or site preparation.
The homes currently share a single water line, which presents a logistical hurdle for separate management and will require investment to separate during any future subdivision.
Several options for this unique West Nashville property! Single-family home, with an additional income-producing second home (DADU), on the property. New zoning in 2025 allows for this property to be subdivided. 6 homes to be built. Buyer / Buyer Rep to verify all pertinent information. the main house is 2 bed, 1.5 bath, approx 1,277 sqft. The rear detached house is 1 bed, 1 bath, approx 768 sqft. with a large 1 car garage, approx 336 sqft. Water is currently shared for both homes. Each house has separate electrical boxes. The main house can be seen during normal business hours if not occupied by an Airbnb guest. The back house is currently rented month to month, photos included. Please do not disturb the renter. Please allow 24-hour showing notice and confirmation. Please text the listing agent (615) 293-6757, for scheduling and confirmation. Both homes are being SOLD AS-IS.
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 | 23% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,277 | 1,640 | 26% |
| Lot Size | 6,970 | 7,405 | 39% |
| Price | $749.9K | $525.0K | 72% |
| Price per sq ft | $587 | $342 | 90% |
| Built year | 1935 | 1960 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 688 | 8% |
Dec 8, 2025
$749,900
Initial Listing