5205 Tennessee Ave, Nashville, TN 37209, Nashville, 37209 - 2 bed, 2 bath
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5205 Tennessee Ave
Nashville, TN 37209
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,277Sq Ft
6,970Lot Size
Property Price
LIST PRICE$749,900
EST. MARKET VALUE
$709,796
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $749,900—positioned well below the $709,797 Fair Market Value by -5%. While the property is currently in Fair Condition Rating, the 2025 zoning changes allowing for a six-home subdivision provide significant upside for forced appreciation. Featuring a Dual-Income Stream via the main house and DADU, this asset is ideal for Buy-and-Hold Investors or Residential Developers looking to capitalize on the high-demand 37209 market and future density potential.
Estimated Market Value
$709,796
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 |
|---|---|---|---|---|---|---|
★ 5205 Tennessee Ave Subject | $749,900* List Price | 2 | 2 | 1,277 | $556 | - |
A 5704 Tennessee Ave Active | $570,000 List Price | 3 | 2 | 1,210 | $471 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Although built in 1935, the interior shows evidence of a mid-range renovation within the last 10-15 years, including updated flooring and white shaker-style kitchen cabinetry. However, the property remains dated with laminate countertops, older electric coil appliances, and a shared water system. The 'AS-IS' sale condition and the listing's focus on future subdivision for six new homes suggest the structures are approaching the end of their functional life despite being currently habitable.
PROSSTRENGTHS & OPPORTUNITIES
- High Development Potential
The property offers significant investment upside with 2025 zoning changes allowing for subdivision and the potential construction of up to six homes on the lot.
- Dual-Income Stream
Featuring both a main residence and a detached second home (DADU), the property provides immediate rental income potential through short-term or long-term leasing strategies.
- Prime West Nashville Location
Situated in the highly desirable 37209 zip code, this property is located in a high-demand area known for strong appreciation and proximity to Nashville's urban core.
CONSRISKS & DEFICIENCIES
- As-Is Condition
Both homes are being sold in as-is condition, which may necessitate immediate capital expenditures for repairs, modernization, or structural upgrades.
- Shared Utility Infrastructure
The homes currently share a single water line, which can complicate utility billing, management, and independent operation of the two dwellings.
About 5205 Tennessee Ave
TWO HOMES ON LOT. 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, for scheduling and confirmation. Both homes are being SOLD AS-IS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 0.5 mi
4/10
Sylvan Park Paideia Design Center
Grades PK-4 • 1.2 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 | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,277 | 2,093.129 |
| Lot Size | 6,970 | 10,890 |
| Price | $749.9K | $568.3K |
| Price per sq ft | $587 | $307 |
| Built year | 1935 | 1971 |
| HOA | $0 | $137 |
| Days on market | 6 | 69 |
Pricing History
Listed for Sale
Sep 4, 2026
$749,900
Initial Listing