5403A Michigan Ave, Nashville, TN 37209, Nashville, 37209 - 3 bed, 3 bath
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5403A Michigan Ave
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,124Sq Ft
0Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$457,682
14% AboveMARKET VALUE
SUMMARY
This Turnkey Residential Property in The Nations is a Strong Value Opportunity, listed at $525,000—positioned above the $457,682 Fair Market Value. While the list price exceeds the current valuation, the home features an Excellent Condition Rating with a 2020 roof, remodeled kitchen, and a large screened-in back deck. Its prime location offers high walkability to local breweries and parks. This property is an ideal lifestyle choice for urban professionals or first-time buyers seeking a move-in ready home in a vibrant, high-demand Nashville neighborhood.
Estimated Market Value
$457,682
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 |
|---|---|---|---|---|---|---|
★ 5403A Michigan Ave Subject | $525,000* List Price | 3 | 3 | 1,124 | $407 | - |
A 2004 Edison Park Ln Sold | $475,000 | 2 | 2 | 1,190 | $399 | 0.5 mi |
B 1208 Nations Dr Sold | $475,000 | 2 | 3 | 1,452 | $327 | 0.3 mi |
C 2038 Edison Park Ln Active | $479,500 List Price | 2 | 2 | 1,197 | $401 | 0.5 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.
Although originally built in 1910, the property has undergone a comprehensive recent renovation (likely <5 years) including a 2020 roof, fully remodeled kitchen and bathrooms with modern finishes, and updated electrical features like an EV charger. The home is in mint, move-in ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of The Nations, the property offers exceptional walkability to local breweries, coffee shops, and parks, with Downtown Nashville just five miles away.
- Turnkey Modern Updates
The home boasts significant recent improvements, including a 2020 roof and fully remodeled kitchen, bathrooms, and primary suite, ensuring a move-in-ready experience.
- Superior Outdoor Amenities
A large screened-in back deck, fully fenced yard, and EV charger-ready parking provide high-value functional spaces that are often limited in urban residential listings.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,124 square feet for a three-bedroom, three-bathroom configuration, the interior living spaces and bedrooms may feel undersized or constrained for some buyers.
- Cooperative Ownership Structure
The property is listed as a stock cooperative, which can complicate traditional mortgage financing and may require a more specialized lending process compared to fee-simple homes.
About 5403A Michigan Ave
Tucked inside The Nations, Michigan Ave is ready for slow mornings, lively weekends, and everything in between. The large screened-in back deck sets the scene for morning coffee, dinner with friends, game-day gatherings, and evenings spent outside, while a fully fenced yard, spacious parking, and an EV charger-ready outlet add everyday convenience. Inside, thoughtful updates make the home feel fresh and move-in ready, including an updated kitchen, beautifully remodeled bathrooms, a refreshed laundry room, and a remodeled primary suite complete with a spacious walk-in closet. Add in a 2020 roof, and so many of the big updates have already been taken care of. Beyond the front door, you’re right in the heart of The Nations — surrounded by neighborhood coffee shops, local restaurants, breweries, dog-friendly hangouts, parks and greenways, with Downtown Nashville just 5 miles away. Life looks pretty good from Michigan Ave.
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 1910
- Lot Size
- -
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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,124 | 2,250 |
| Lot Size | - | 1,307 |
| Price | $525.0K | $667.5K |
| Price per sq ft | $467 | $315 |
| Built year | 1910 | 2021 |
| HOA | $0 | $188 |
| Days on market | 29 | 209 |
Pricing History
Listed for Sale
Jul 28, 2026
$525,000
Initial Listing