5914 Carl Pl, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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5914 Carl Pl
Nashville, TN 37209
ACTIVE
CONDITION: POOR
2Beds
1Baths
781Sq Ft
7,405Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$327,306
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $327,306 Fair Market Value by 3%. This valuation gap offers $12,306 in Instant Equity. With a Condition Rating of 5, the home requires a full interior rehab, but the R6-zoned lot provides significant upside for a two-home development. Located in the high-growth Nations area, this is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize land utility.
Estimated Market Value
$327,306+$12,306 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5914 Carl Pl Subject | $315,000* List Price | 2 | 1 | 781 | $419 | - |
A 5900 Carl Pl Sold | $299,900 List Price | 2 | 1 | 781 | 0.1 mi | |
B 422 Croley Dr Sold | $376,500 | 3 | 1 | 1,081 | $348 | 1.0 mi |
C 5813 Mackie Pl Active | $350,000 List Price | 2 | 1 | 768 | $456 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1954, this 70-year-old property exceeds the 30-year threshold for the 'poor' category. While the roof was replaced 3 years ago, the interior—specifically the kitchen and flooring—is significantly dated and requires a full rehab to meet modern market standards. The listing's emphasis on development potential for a two-home lot further indicates the structure's secondary value relative to the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 781.
- Development Potential
The R6-zoned lot provides significant investment upside, offering the rare opportunity to explore a two-home development in a high-demand growth corridor.
- Prime Nations Location
Perfectly situated near the vibrant 51st Avenue corridor, the property offers easy access to trendy dining, coffee shops, and local parks like West Park and England Park.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 781 square feet with a 2-bed, 1-bath configuration, the home's small footprint may limit its appeal to families or buyers seeking modern spaciousness.
- Underperforming School District
The property is zoned for schools with low performance ratings, which could be a deterrent for long-term family residents and impact future resale value.
About 5914 Carl Pl
Opportunity meets location at 5914 Carl Place in the rapidly growing Nations area of West Nashville. This classic Nations cottage offers plenty of possibilities—move in with a little fresh paint, update it to create a charming Nations cottage, add it to a rental portfolio, or explore the potential of the R6-zoned lot for a two-home development. A 3-year-old roof is already in place, while the surrounding streets showcase the transformation throughout the area with a mix of original cottages, renovated homes & new construction. The location is a standout, with West Park & England Park nearby and easy access by bike or a short drive to the restaurants, coffee shops & gathering spots along 51st Avenue, including 51st Deli, Frothy Monkey, 51st Taproom, Nicky's Coal Fired, Southern Grist, Bringle's Smoking Oasis, Daddy's Dogs & more. You're also convenient to Charlotte Pike, Nashville West shopping, I-40 & downtown Nashville, putting everyday shopping, dining, entertainment and some of West Nashville's favorite destinations within easy reach. Whether you're looking for your first home, an investment property, a rental or your next development opportunity, 5914 Carl Place offers multiple ways to take advantage of a location surrounded by continued growth in one of Nashville's most active areas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 1.0 mi
4/10
Mckissack Middle School
Grades 5-8 • 1.6 mi
2/10
Pearl Cohn Magnet High School
Grades 9-12 • 2.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 781 | 2,093.129 |
| Lot Size | 7,405 | 10,890 |
| Price | $315.0K | $568.3K |
| Price per sq ft | $403 | $307 |
| Built year | 1954 | 1971 |
| HOA | $0 | $137 |
| Days on market | 28 | 69 |
Pricing History
Listed for Sale
Aug 12, 2026
$315,000
Initial Listing