5621 Lenox Ave 5, Nashville, TN 37209, Nashville, 37209 - 4 bed, 4 bath
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5621 Lenox Ave 5
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,332Sq Ft
0Lot Size
Property Price
LIST PRICE$682,500
EST. MARKET VALUE
$633,043
7% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is a modern townhouse listed at $682,500, positioned well above the $633,043 Fair Market Value. Built in 2023, this property maintains a Mint Condition Rating and features a Rooftop Deck and Fully Furnished Interior. With explicit STR & NOO Zoning approval, this asset is optimized for high-demand rental income near Nashville’s medical centers and universities. While market saturation exists due to multiple available units, the turnkey nature provides immediate operational readiness for Buy-and-Hold Investors or Owner-Occupants seeking a refined, low-maintenance lifestyle.
Estimated Market Value
$633,043
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 |
|---|---|---|---|---|---|---|
★ 5621 Lenox Ave 5 Subject 4 bd · 4 ba · 2,332 sqft · $271 | $682,500* List Price | 4 | 4 | 2,332 | $271 | - |
A 239 White Bridge Pike 18 Sold 3 bd · 4 ba · 2,195 sqft · $255 · 0.4 mi | $560,000 | 3 | 4 | 2,195 | $255 | 0.4 mi |
B 5621 Lenox Ave 1 Active 4 bd · 4 ba · 2,332 sqft · $293 · 0.0 mi | $682,500 List Price | 4 | 4 | 2,332 | $293 | 0.0 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.
Built in 2023, this new construction townhouse is in mint condition. It features modern kitchen and bathroom finishes, brand new HVAC and electrical systems, and requires no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The property is explicitly approved for Short-Term Rental (STR) and Non-Owner Occupied (NOO) permits, offering significant income potential for investors in a high-demand Nashville market.
- Turnkey Furnished Condition
As a 2023-built end unit, the home comes fully furnished with modern finishes and a rooftop deck, providing a seamless, move-in-ready opportunity for buyers or immediate rental listing.
- Strategic Location
Positioned in a prime West Side location near Sylvan Park, The Nations, and major medical centers, the property ensures strong long-term value and accessibility to Nashville's core amenities.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-03-03. The sold price is $2,982,583.00.
- High Internal Competition
With 14 similar units available simultaneously in the same development, owners may face significant competition when trying to secure rental guests or future resale interest.
- Market Saturation Signals
The mention of significant price reductions across multiple units suggests a potential oversupply in the immediate area, which could impact short-term equity growth and pricing power.
About 5621 Lenox Ave 5
14 good-looking, furnished units available - all with significant price reductions. This beautiful end unit with 4 bed and 4 baths offers convenience and a refined Nashville lifestyle. The open layout compliments a fully furnished interior, creating a seamless move-in opportunity. Curated living space opens to sparkling kitchen. The primary suite provides a comfortable and private retreat, complete with a well-appointed bath. The additional bedroom suites are generously sized, each offering flexibility for guests or additional living space. A rooftop deck provides an elevated space for entertaining, while a two-car garage and in-home laundry add to the home’s practicality. This exceptional west side location is positioned just minutes from downtown and moments from Sylvan Park and The Nations. Very close to the medical centers and universities. Short Term Rental & Non-owner occupied allowed. ( STR & NOO ) This is a great buy. Call us.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2023
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $150 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,332 | 1,551.684 |
| Lot Size | - | 871 |
| Price | $682.5K | $365.8K |
| Price per sq ft | $293 | $238 |
| Built year | 2023 | 2003 |
| HOA | $150 | $260 |
| Days on market | 25 | 83 |
Pricing History
Listed for Sale
Sep 29, 2026
$682,500
Initial Listing
Sold
Mar 3, 2026
$2,982,583
Public Record